On Monday, March 13th, Naspers took an axe to its venture capital fund, Naspers Foundry, putting the kibosh on R1.4 billion (~$77 million) in funding. Henceforth, the fund’s portfolio companies and any additional investments shall be tended by Prosus Venture. The Foundry was born in October of 2019, when Naspers’ South Africa CEO, Phuthi Mahanyele-Dabengwa, … Read More “What was Naspers Foundry’s portfolio like before it shut down?” »
Deepfake AI technology has emerged as a powerful and concerning trend in the realm of artificial intelligence. Deepfakes are manipulated audio, video, or images created using machine learning algorithms, presenting a false reality that can deceive and mislead. As this technology becomes more sophisticated, recognizing deepfakes is crucial to safeguarding against potential misinformation and preserving … Read More “7 Ways to Recognise Deepfakes Online – IT News Africa” »
FarmWorks, a Kenyan agtech that provides farmers with access to farm inputs, and market for their produce, has raised $4.1 million in a pre-Series A round led by Acumen Resilient Agriculture Fund, an existing investor. Livelihood Impact Fund, Vested World, a number of family offices and angel investors also participated in the round that brought … Read More “Kenya’s FarmWorks raises $4M pre-Series A funding” »
The Chinese Five-hundred-meter Aperture Spherical radio Telescope (FAST). Credit: Bojun Wang, Jinchen Jiang & Qisheng Cui More than 15 years after the discovery of fast radio bursts (FRBs)—millisecond-long, deep-space cosmic explosions of electromagnetic radiation—astronomers worldwide have been combing the universe to uncover clues about how and why they form. Nearly all FRBs identified have originated … Read More “Astronomers shed new light on formation of mysterious fast radio bursts” »
Due to the risk of fires, batteries for e-bikes and e-scooters should receive third-party approval before being placed on the UK market, a charity has said. Batteries for e-bikes and e-scooters should be regulated like fireworks and heavy machinery to better ensure their safety, according to the Electrical Safety First (ESF) Battery Breakdown report. Currently, e-bikes … Read More “E-bike batteries should fall under the same rules as fireworks, charity says” »
The Nazi relationship with Technocracy was far deeper than noted here. which I covered in my three books on historic Technocracy. Technocrats never represented political ideology such as left or right, but rather wanted to remove the political layer of society altogether. Many Technocrats entered the Nazi regime as well as FDR’s era of the … Read More “Nazi Albert Speer Warned The West About The Rise Of Technocracy” »
Every society is broken into three main class structures- the upper, middle and lower classes- and Africa is no exception. This class stratification produces a clear distinction among people across the various classes, quantitatively and qualitatively. In a typical African upper-class society, the pattern and choice of lifestyle are sharply in contrast to those of … Read More “Jumoke Dada’s Taeillo is taking its share of Africa’s urban furniture market” »
PowerX Technology Ltd is pleased to announce the appointment of Ted B. Miller Jr. as a Non-Executive Director. Ted Miller, an active investor in infrastructure tech, also advises the US Autonomy Institute, fostering intelligent autonomous infrastructure development. He’s also the Chairman of Visual Intelligence, using advanced aerial drone sensors to map cell tower integrity accurately. … Read More “PowerX Appoints Ted Miller as Non-Executive Director” »
Plans by Kenya’s Assets Recovery Agency (ARA) to withdraw its second case against African fintech giant Flutterwave have been shot down by the High Court, Kenya’s third highest court. In August last year, the agency had frozen $3 million belonging to Flutterwave, Hupesi Solutions, and Adguru Technology Limited on suspicion of money laundering and fraud. … Read More “Blow for Flutterwave as Kenyan court declines request to withdraw case” »
Scientists at NASA’s Johnson Space Center in Texas will be the first to handle samples brought back from Bennu, a distant asteroid. Eager scientists and a gleaming lab awaits. A sample from the asteroid Bennu, which could be key to understanding the formation of the solar system and our own planet, is set to be … Read More “NASA lab hopes to find life’s building blocks in asteroid sample” »
