TechStream

Technology news around the ecosystem!

From Lagos to Nairobi

We give you summaries of happenings around tech, from developer stand-ups to the boardrooms.

  • Empowering Africa’s Digital Rise with Homegrown Innovation and Vision

    Africa stands on the brink of a technological transformation driven by innovation, purpose, and the continent’s rapidly growing youth population. With over 60% of Africans under the age of 25, the demand for solutions that address local challenges has never been greater. This youthful energy, combined with rising internet penetration and mobile connectivity, is fueling…

  • AI and Automation Drive First Drop in Global Data Breach Costs in Half a Decade

    A significant new concern highlighted in the report is the AI Oversight Gap, where organizations are rapidly adopting AI without implementing proper security and governance policies. For the first time in five years, global data breach costs have decreased, according to IBM’s 2024 Cost of a Data Breach report. The average cost of a data…

  • “Tinubu Urges Youth to Harness Social Media for National Unity”

    President Bola Ahmed Tinubu has urged Nigerian youth to use social media as a tool for nation-building rather than division. Speaking through Vice President Kashim Shettima at the 2024 Democracy Day lecture in Abuja, Tinubu emphasized that social media should be employed to promote unity, foster development, and strengthen democracy, not to spread misinformation, incite…

  • “Vulnerable by Design: Nigeria’s Digital Defenses in the Crosshairs of AI-Powered Scams”

    As artificial intelligence (AI) continues to reshape global industries and digital interactions, Nigeria faces significant vulnerabilities, particularly in the realm of AI-driven scams. Despite the country’s growing tech-savvy population and burgeoning digital economy, its institutional readiness, public awareness, and regulatory frameworks remain ill-equipped to combat emerging AI-related threats. One of the key issues is the…

  • Nigeria Advances Unified Data Systems to Strengthen

    The National Information Technology Development Agency (NITDA) is spearheading efforts to harmonize data across various government institutions in Nigeria. This move aims to strengthen the country’s digital identity framework and improve national planning through more efficient and reliable data usage. Kashifu Inuwa, Director-General of NITDA, emphasized the need for unified data systems during a stakeholder…

  • FNB Taps Industry Veteran Ghana Msibi to Strengthen SME Banking Strategy.

    First National Bank (FNB) Business has appointed Ghana Msibi as its new Chief Executive Officer, signaling a strategic move to strengthen its leadership in the small and medium enterprise (SME) banking space. Msibi, an experienced executive and former CEO of WesBank Motor, brings extensive knowledge of financial services, innovation, and strategic partnerships to the role.…