Connect with us

Technology

Interswitch Calls for Greater Economic Self-Determination

Published

on

Economic Self-Determination

By Modupe Gbadeyanka

African technology players have been advised to champion locally relevant innovations tailored to the continent’s realities and nuances.

This call was made by the Country General Manager of Interswitch Group in Kenya, Mr Bernard Kinara, at the 2025 Africa Soft Power (ASP) Summit in Nairobi.

He also urged Africa to work towards greater economic self-determination and stronger artificial intelligence governance to reduce dependence on foreign capital and prevent unregulated technology deployment.

Speaking on a pivotal panel discussion themed Inclusive Leadership and Disruptions: Shaping Growth and Navigating Global Shifts, he highlighted Interswitch’s impact – being the continent’s first fintech/payments unicorn – in strengthening cross-ecosystem linkages and partnerships by bringing together fintechs, banks and other financial service delivery enablers; in advancing borderless payments and cross-country value-exchange; and in driving required affirmative action on the social development front through the creation of opportunities for women and youth through corporate responsibility and sustainability initiatives; such as #InterswitchSPAK, in line with the organization’s corporate purpose – inspiring Africa to greatness through innovation, value-creation and excellence.

Another speaker, Mr Philip Ikeazor, who is the Director General of Financial System Stability at the Central Bank of Nigeria (CBN), emphasized that anti-money laundering and fraud detection standards are becoming mandatory, with AI supporting but policy leading these efforts.

As regards this, challenges remain around weak data protection and low digital literacy, which policy must address.

The AI governance panel emphasized AI literacy for policymakers and the public, advocating tailored education approaches to ensure that AI tools solve practical problems for farmers, creatives, and civil servants. A technologist noted the paradox of rising public AI awareness alongside skepticism, reinforcing the need for transparent, trustworthy AI systems.

The two-day event in its fourth edition commenced on May 22 and brought together thought leaders, policymakers, investors, and innovators from Nigeria, Kenya, South Africa, Tanzania, and other African nations to address leadership, investment, and technological development challenges.

They also discussed topical themes such as AI Models, Sovereignty, and Democratizing Access, and highlighted the necessity of policy autonomy in the global digital landscape, citing successful regulatory actions by governments in Uganda and Nigeria against multinational tech platforms.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

Technology

Leticia Otomewo Becomes Secure Electronic Technology’s Acting Secretary

Published

on

Secure Electronic Technology

By Aduragbemi Omiyale

One of the players in the Nigerian gaming industry, Secure Electronic Technology (SET) Plc, has appointed Ms Leticia Otomewo as its acting secretary.

This followed the expiration of the company’s service contract with the former occupier of the seat, Ms Irene Attoe, on January 31, 2026.

A statement to the Nigerian Exchange (NGX) Limited on Thursday said Ms Otomewo would remain the organisation’s scribe in an acting capacity, pending the ratification and appointment of a substantive company secretary at the next board meeting.

She was described in the notice signed by the Managing Director of the firm, Mr Oyeyemi Olusoji, as “a results-driven executive with 22 years of experience in driving business growth, leading high-performing teams, and delivering innovative solutions.”

The acting secretary is also said to be “a collaborative leader with a passion for mentoring and developing talent.”

“The company assures the investing public that all Company Secretariat responsibilities and regulatory obligations will continue to be discharged in full compliance with the Companies and Allied Matters Act, applicable regulations, and the Nigerian Exchange Limited Listing Rules,” the disclosure assured.

Meanwhile, the board thanked Ms Attoe “for professionalism and contributions to the Company during the period of her engagement and wishes her well in her future endeavours.”

Continue Reading

Technology

Russia Blocks WhatsApp Messaging Service

Published

on

WhatsApp Self Messaging Feature

By Adedapo Adesanya

The Russian government on Thursday confirmed it has blocked the WhatsApp messaging service, as it moves to further control information flow in the country.

It urged Russians to use a new state-backed platform called Max instead of the Meta-owned service.

WhatsApp issued a statement earlier saying Russia had attempted to “fully block” its messaging service in the country to force people toward Max, which it described as a “surveillance app.”

“Today the Russian government attempted to fully block WhatsApp in an effort to drive people to a state-owned surveillance app,” WhatsApp posted on social media platform X.

“Trying to isolate over 100 million users from private and secure communication is a backwards step and can only lead to less safety for people in Russia,” it said, adding: “We continue to do everything we can to keep users connected.”

Russia’s latest move against social media platforms and messaging services like WhatsApp, Signal and Telegram comes amid a wider attempt to drive users toward domestic and more easily controlled and monitored services, such as Max.

Russia’s telecoms watchdog, Roskomnadzor, has accused messaging apps Telegram and WhatsApp of failing to comply with Russian legislation requiring companies to store Russian users’ data inside the country, and of failing to introduce measures to stop their platforms from being used for allegedly criminal or terrorist purposes.

It has used this as a basis for slowing down or blocking their operations, with restrictions coming into force since last year.

For Telegram, it may be next, but so far the Russian government has been admittedly slowing down its operations “due to the fact that the company isn’t complying with the requirements of Russian legislation.”

The chat service, founded by Russian developers but headquartered in Dubai, has been a principal target for Roskomnadzor’s scrutiny and increasing restrictions, with users reporting sluggish performance on the app since January.

Continue Reading

Technology

Nigerian AI Startup Decide Ranks Fourth Globally for Spreadsheet Accuracy

Published

on

Nigerian AI Startup Decide

By Adedapo Adesanya

Nigerian startup, Decide, has emerged as the fourth most accurate Artificial Intelligence (AI) agent for spreadsheet tasks globally, according to results from SpreadsheetBench, a widely referenced benchmark for evaluating AI performance on real-world spreadsheet problems.

According to the founder, Mr Abiodun Adetona, the ranking places Decide alongside well-funded global AI startups, including Microsoft, OpenAI, and Anthropic.

Mr Adetona, an ex-Flutterwave developer, also revealed that Decide now has over 3,000 users, including some who are paying customers, a signal to the ability of the startup to scale in the near future.

SpreadsheetBench is a comprehensive evaluation framework designed to push Large Language Models (LLMs) to their limits in understanding and manipulating spreadsheet data. While many benchmarks focus on simple table QA, SpreadsheetBench treats a spreadsheet as a complex ecosystem involving spatial layouts, formulas, and multi-step reasoning. So far, only three agents rank higher than Decide, namely Nobie Agent, Shortcut.ai, and Qingqiu Agent.

Mr Adetona said SpreadsheetBench measures how well AI agents can handle practical spreadsheet tasks such as writing formulas, cleaning messy data, working across multiple sheets, and reasoning through complex Excel workflows. Decide recorded an 82.5% accuracy score, solving 330 out of 400 verified tasks.

“The result reflects sustained investment in applied research, product iteration, and learning from real-world spreadsheet workloads across a wide range of use cases,” Mr Adetona told Business Post.

For Mr Adetona, who built Decide out of frustration with how much time professionals spend manually cleaning data, debugging formulas, and moving between sheets, “This milestone highlights how focused engineering and domain-specific AI development can deliver frontier-level performance outside of large research organisations. By concentrating on practical business data problems and building systems grounded in real user environments, we believe smaller teams can contribute meaningfully to advancing applied AI.”

“For Decide, this is a foundation for continued progress in intelligent spreadsheet and analytics automation,” he added.

Continue Reading

Trending