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Study: AI Success in Africa Depends on Availability of Local Language Data and AI Talent
27.7.2024
According to the latest Global System for Mobile Communications (GSMA) study report, the success of artificial intelligence (AI) in Africa hinges largely on the availability of local language data and addressing the AI skills gap. The report urges African countries to prioritize investment...
VechainThor uses Web3 to meet US sustainable development goals
5.1.2024
VeChain has highlighted that it is leveraging the capabilities of its Layer 1 blockchain, VeChainThor, to meet the sustainable development goals set by the UN. The power of Web3 is being implemented in a sector that has an estimated worth of multi-trillion dollars in the days to come. Two reasons...
HBAR Foundation launches $100M climate-focused impact fund, declaring DOVU as inaugural grantee
10.3.2022
According to the announcement, the fund is "designed to strengthen accountability and transparency in ecological markets", with an inherent adherence of contributing towards the 2030 UN Sustainable Development Goals
Remittances to Africa Set to Drop by 5.4 % to $41 Billion — Covid-19 Pandemic and High Sending Costs Blamed
21.9.2021
According to findings from the Continental Migration Report 2021, remittances to African countries are projected to decrease from the $44 billion recorded in 2020 to $41 billion. The Covid Effect As expected, the Covid-19 pandemic is identified as one of the main causes of the decline. However...
Blockchain tech makes sustainable development goals more achievable
1.2.2021
Blockchain technology will turn the table by improving the measuring, reporting and verification processes of development projects
Remittance Costs Lower in Q3 World Bank Study Shows – Only Cryptocurrencies Meeting UN Goal
30.10.2020
The latest study by the World Bank shows that it costs 4.98% on average to remit funds to South Asia which makes it the least expensive region while sub-Sahara Africa is the most expensive with an average cost of 8.47%. The quarterly study also finds that it is costlier to remit funds when using...