Nigeria Leads Africa’s $2.1bn AI Surveillance Spending with $470m Investment — Report
Nigeria has emerged as the largest investor in artificial intelligence-driven surveillance systems in Africa, accounting for more than $470 million of the $2.1 billion spent across 11 countries on smart city technologies. This is according to a new report by the Institute of Development Studies titled “Smart City Surveillance in Africa: Mapping Chinese AI […]
Moniepoint Acquires Orda to Tap Africa’s $50bn Restaurant Market
Nigerian fintech giant Moniepoint Inc. has acquired restaurant technology startup Orda Africa, in a strategic move to expand into Africa’s rapidly growing food service industry, estimated to be worth over $50 billion. The deal marks a significant step in Moniepoint’s evolution beyond payments, as it seeks to deepen its footprint among small businesses by offering […]
