Technology
2nd National Fintech Conference Begins Tomorrow in Lagos
By Dipo Olowookere
The second edition of the much-anticipated National Fintech Conference is slated to begin on Thursday, January 25, 2018.
The two-day event will take place at the Landmark Event Centre in Lagos and several experts in the industry have been lined up to speak at the conference.
The National Fintech Conference is an exclusive gathering of Africa’s largest financial institutions, best fintech start-ups, technology companies, industry experts and most active venture investors.
The total investment in Fintech in 2016 was $24.6 billion according to KPMG while an annual 20 percent ROI is expected on Fintech related projects as indicated in a PWC report.
Similarly, in Fintech Trends Report for 3rd quarter of 2017, industries under the sector closed 496 deals worth $8 billion in the first half of 2017.
Many African countries particularly Nigeria have benefited from the massive investments in Fintech and are creating world class innovation that promises to significantly contribute to the development of their economies.
In Nigeria, activities in the Fintech ecosystem continue to soar with series of investment in up and coming Fintechs with special emphasis placed on Fintech partnership and collaboration.
During the conference that begins tomorrow, expert will try to look at how should incumbents especially financial institutions relate in a win-win scenario with up and coming and established FinTechs?
Also, they will focus on what needs to be done to develop Fintech ecosystem in Nigeria to position Nigeria not only as Africa’s Fintech leader but a force to reckon with in the global Fintech landscape?
Other issues they will beam their searchlights on include what are needed to create solutions that address real life problems and challenges of Nigeria? How to adapt and leverage international best practices to fast-track Fintech growth and contribution to economic development? And what are the emerging technologies and initiatives that are trending across the globe?
Organisers of the event are Fintech Associates Limited (Fintech), FinTechStage, and the CIBN Centre for Financial Studies (CIBNCFS).
Speakers include Mr Ogbonnaya Onu, Minister of Science and Technology; Dr Segun Aina, Chairman, Fintech Associates Limited & President, FinTech Nigeria; Matteo Rizzi, Co-Founder, FinTechStage; Dr Amine Mati, Senior Resident Representative, IMF; and Lazaro Campos, Co-Founder, FinTechStage.
Others are Tunde Badejo, MD/CEO, Soft Alliance & Resources Limited; Dr Bola Akindele, Founder/CEO, Courteville Business Solutions; Ashley Lewis, Investment Officer West Africa, Accion Venture Lab; and Prof Segun Ajibola, President, Chartered Institute of Bankers of Nigeria.
Also to speak at the conference Tokunboh Ishmael, Co-Founder & Managing Director, Alitheia Capital; Mrs Temitope Akin-Fadeyi, Head, Financial Inclusion Secretariat (CBN); Mary Aina, Director, Wealth & Vendor Oversight; Prof Oye Ibidapo-Obe, Director, Zenith Bank; Ike Williams, CIO, Heritage Bank Plc; Mohammed Kari, Commissioner for Insurance National Insurance Commission; amongst many others.
Technology
TikTok Invests Fresh $200K in AI Media Literacy in Africa
By Modupe Gbadeyanka
An additional $200,000 will be invested in Artificial Intelligence (AI) media literacy initiatives across Sub-Saharan Africa, TikTok announced during its third annual Sub-Saharan Africa Safer Internet Summit in Nairobi, Kenya.
The platform hosted government officials, regulators, online safety partners and industry leaders for the event, reinforcing its commitment to collaborative approaches to online safety.
The funds will be provided in ad credits to help support local organisations in the region to expand AI media literacy.
This investment builds on the company’s initial $2 million AI Literacy Fund, launched in November 2025, which awarded 20 global non-profits to create content that boosts public understanding of AI.
In Sub-Saharan Africa, TikTok initially supported three organisations to advance digital literacy and combat misinformation.
“With the rapid advancement of AI, we are committed to educating our community online, so they feel empowered to have responsible experiences with AI, whether that’s as viewers or creators.
“We are partnering with trusted local organisations that communities already know and rely on, because their expertise and deep local connections are essential to making AI literacy programs truly impactful,” the Global Head of Partnerships, Elections and Market Integrity at TikTok, Mr Valiant Richey, stated.
Earlier, the Head of Government Relations and Public Policy for Sub-Saharan Africa at TikTok, Ms Tokunbo Ibrahim, said, “As we host the 3rd Annual Safer Internet Summit here in Kenya, our mission is clear: to share learnings, insights, tackle common challenges and collaboratively advance actionable solutions that protect citizens online.
“By bringing together a diverse coalition of policymakers, tech innovators, and creators, we are ensuring that the conversations we have at this Summit are all-inclusive and lead to a more resilient digital landscape.”
The summit featured expert panels and discussions on critical topics, including TikTok’s Trust and Safety efforts, protecting young people online, and policy frameworks for responsible AI governance.
A key highlight of the event was showcasing how TikTok uses AI to transform how people share their creativity and discover new passions, while ensuring the community remains safe through transparent and responsible AI practices.
The platform also shared more about how recent advancements in AI are helping the platform moderate content faster and more consistently at scale, by improving automated moderation and empowering human teams with better moderation tools.
With over 100 million pieces of content uploaded daily to TikTok, these advances, which work alongside human moderation teams, are helping get violative content down faster, reducing the likelihood of the community seeing it.
According to the latest Community Guidelines Enforcement Q3 2025, TikTok removed over 14 million videos across Sub-Saharan Africa, with 96.7 per cent detected and removed proactively using automated technology, underscoring TikTok’s commitment to proactive moderation and swift action.
Technology
Interswitch Technovation 4.0 Hackathon Winners Share N10m
By Modupe Gbadeyanka
The winners of the Technovation 4.0 Hackathon, themed The Wicked Hackathon, organised by Interswitch, have been given N10 million in cash prizes for their efforts.
At the one-day finale event, which took place on Wednesday, March 4, 2026, at the Interswitch Innovation Lab and Co-Working Space, the money was shared among the top teams whose innovative solutions stood out during the rigorous multiple phases of the competition.
Team Quickteller Fashion emerged as the overall winner, securing the grand prize of N4 million for a solution that impressed judges with its originality, practicality, and strong strategic relevance. Team Kampe claimed second position with N2.5 million, while Team Stable placed third, receiving N1.5 million. Up to N300,000 worth of cash prizes were also awarded to the fourth, fifth and sixth qualifying teams.
For nine months, cross-functional teams from across the organisation collaborated to conceptualise, validate, develop, and refine solutions, moving from raw ideas to minimum viable products (MVPs) with ready-to-market potential and deployment across the business.
The atmosphere at the grand finale reflected that of preparation and anticipation as the top 9 teams presented their innovations through live demonstrations and detailed pitches, fielding questions from a distinguished panel of judges before the top three winners were selected. Each presentation highlighted rigorous validation processes, thoughtful market considerations, and a strong emphasis on measurable impact.
While many of the solutions remain confidential due to their strategic relevance, the diversity and depth of ideas showcased during the hackathon’s final underscored the organisation’s growing culture of intrapreneurship and structured innovation. The projects illustrated how technology-driven thinking can unlock efficiencies, strengthen operational capabilities, and open new pathways for growth across the digital payments and commerce ecosystem.
“Technovation continues to reflect who we are as an organisation, bold, forward-thinking, and deeply committed to building impactful solutions from within. Over the years, we have seen ideas conceived during this programme evolve into meaningful capabilities that strengthen our ecosystem.
“The passion, discipline, and ingenuity demonstrated by our teams this year reinforce our belief in the power of African innovation to solve complex challenges and shape the future of technology on the continent,” the Chief Innovation Officer for Interswitch, Ms Adaobi Okerekeocha, stated.
Technology
Google Introduces Yorùbá, Hausa Language Support for AI Search Features
By Modupe Gbadeyanka
The language support for its AI Search features has been expanded by Google, with the inclusion of Yoruba and Hausa in Nigeria.
This is part of a broader effort to make AI more inclusive across the continent, with support now extending to a total of 13 African languages.
Under the AI Overviews and AI Mode, speakers of both Nigerian languages can utilise AI-powered Search experiences in their mother tongue for quick summaries and conversational exploration.
This means existing AI features in Google Search are now accessible to people like the student in Kano asking a question in Hausa, and the trader in Ibadan seeking advice in Yorùbá.
By addressing language barriers, this update ensures that technology reflects the identity and culture of the people it serves. With this expansion, more people can now use AI Mode to ask complex questions in their preferred language, while exploring the web more deeply and naturally through text or voice.
The 13 languages now supported across Africa include Afrikaans, Akan, Amharic, Hausa, Kinyarwanda, Afaan Oromoo, Somali, Sesotho, Kiswahili, Setswana, Wolof, Yorùbá, and isiZulu.
These languages were chosen based on the vibrant search activity across the continent, ensuring that our AI experiences reach the communities that need them most.
Commenting on the development, the Communications and Public Affairs Manager for Google in West Africa, Taiwo Kola-Ogunlade, said, “Building a truly global Search goes far beyond translation — it requires a nuanced understanding of local information.
“With the advanced multimodal and reasoning capabilities of our custom version of Gemini in Search, we’ve made huge strides in language understanding, so our most advanced AI search capabilities are locally relevant and useful in each new language we support.
“This is about ensuring Nigerians can converse with Search in their mother tongues, making information more helpful for everyone.”
To use AI Overviews and AI Mode in the local language, users must open the Google app on an Android or iOS device, or via the Web. They are required to tap on AI Mode within the Search experience. Thereafter, they can type or speak the question in their preferred language, such as Hausa or Yorùbá, and let the AI guide the journey.
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