#AI

CogniRep Strategies Holding Co. has launched Nigeria's first artificial intelligence-powered media marketplace, featuring three platforms designed to enhance transparency, institutional trust, and cross-border commercial partnerships between the United States and Africa. The initiative emphasizes the importance of trust in fostering trade, beyond just financial capital, according to the company.

Lieutenant General Waidi Shaibu, Nigeria's Chief of Army Staff, emphasized the need for an AI-driven security strategy to address the increasingly complex security environment in Nigeria. He called for innovative approaches and stronger collaboration to effectively tackle evolving threats, according to Channels TV.

Nairametrics highlights 10 Nigerian AI founders who are significantly impacting the AI industry and enhancing Nigeria's reputation in the global tech arena. Their innovative contributions are reshaping the narrative from consumers to creators within the technology sector.

In an article by 'Tope Fasua published in Premium Times, the author questions whether the world should consider retaining some inefficiencies instead of continuously striving for maximum efficiency. This pursuit, according to Fasua, may lead to confusion and challenges in the future, suggesting a need for balance in how society approaches efficiency and human experience.

Bridgement has obtained R330 million from major banks to enhance funding accessibility for South Africa's SMEs, aiming to transform traditional lending practices. The initiative is expected to facilitate quicker and easier access to financing for small and medium enterprises, with a focus on the role of AI in evolving business finance in the country.

The Institute of Chartered Accountants of Nigeria (ICAN) has stated that accountants will integrate artificial intelligence (AI) into their practices while maintaining essential ethical standards. ICAN's 62nd president, Hajia Queensley Sofuratu Segoshime, emphasized that while AI can improve efficiency, it cannot substitute for integrity, transparency, and accountability in the profession.

According to TimesLIVE, Africa is emerging as a significant contributor to global innovation in artificial intelligence, driven by local talent and creativity. This development highlights the continent's unique role in shaping the future of AI technology.

Rwanda’s President Paul Kagame will co-chair the newly launched AI for Good Global Commission, which aims to guide the future of artificial intelligence development. This initiative reflects Africa's increasing ambition to influence global technology policy rather than merely adapt to it. The commission includes participation from various governments and corporations, marking a significant step for the continent in the realm of AI governance.

The President Bola Ahmed Tinubu Media Centre has released an AI-generated image depicting Nigeria’s First Lady, Senator Oluremi Tinubu, frying and selling akara. This post has sparked reactions among Nigerians in the days following its publication.

Google is implementing a ban on browser extensions that allow users to 'jailbreak' AI chatbots, which are designed to bypass the security measures of platforms like ChatGPT, Google Gemini, and Anthropic Claude, among other generative AI services.

AI engineer John Robert moved from Nigeria to Germany after extensive planning, where he successfully built a global career in artificial intelligence and technology, resulting in a fourfold increase in his income.

According to Moneyweb, the increasing competition on Wall Street to leverage artificial intelligence for investment strategies is raising concerns about the potential for crowded trading. While AI technology is expected to enhance investment decisions, it may also lead to the spread of misinformation and heightened overconfidence among traders.

According to Moneyweb, the tech and finance sectors are losing approximately 28,000 jobs monthly, with companies increasingly attributing these cuts to the impact of artificial intelligence. Bankers have also expressed concerns that AI technology will lead to further job eliminations in the industry.

In the first half of 2026, African tech funding totaled $1.44 billion, driven by significant mergers and acquisitions, debt financing, and advancements in artificial intelligence restructuring. This funding milestone reflects the evolving landscape of the tech ecosystem in Africa.

Cloudflare has announced that starting in September, it will introduce new tools and integrations designed to assist site owners and AI companies in optimizing for discoverability, efficiency, and monetization. This initiative aims to help manage AI crawlers more effectively.

South Africa's leading universities are shifting their approach to artificial intelligence by moving away from policing its use. Instead, they are focusing on redesigning their teaching, assessment, and certification methods to adapt to the integration of AI in education.

Pick n Pay has introduced Penny, an AI shopping assistant powered by Gemini, to its asap! app. Penny interacts with users through conversation to help build their shopping baskets.

Enrico Ferigolli discusses Penny, an AI shopping assistant developed by Pick n Pay, highlighting its capabilities in conversation and replenishment. He also touches on the competition with Sixty60 and mentions Gemini in the context of their strategies.

Payments company Visa has outlined its plans for integrating AI agents, enhanced tokens, and blockchain technology into the future of commerce, indicating a significant transformation in the shopping experience.

According to iqbusiness's Biase De Gregorio and Morgan Goddard, most companies have not yet implemented artificial intelligence (AI) solutions, countering concerns about job losses due to AI replacement. They emphasize that the focus should be on the potential benefits of AI rather than the fear of job displacement.