Nigeria wants to protect people from AI

The country has joined 17 other countries to sign an AI safety agreement                                                                                                                                                                                                                                                                                                                                                                                                                 November 28, 2023 | [Read Online]( In partnership with Share this newsletter: //link.mail.beehiiv.com/ss/c/J3CRLa3OmvB07tnVGBtyiCLevyGeA8YRdg9x-MKxcVHpcM_k-eD7kNm5A8_KiViFZlWqs2WYQ7mrvt5AhjvsDyehTiqXS2MskeRd8BueUTASG1JkQSCgVyAalCBWA_be0zZSwRSB7l3nWEfRS9vkeiGk59aSpAlVn4FG9cc7cME/41o/RD1qTtzxTQiYNU3q6n1VOA/h2/uIB9TCPqiikkC0dwB_1vlMhBAjPmkibX3BnadSY3lio [Lire en Français]( [اقرأ هذا باللغة العربية]( Good morning ☀️ In other news on how Instagram is competing with TikTok, you can now [download Instagram Reels]( from public accounts. Just select the share button at the bottom of your screen, and a download button will pop up if the user has a public account and has enabled it. The download Reels will also have the user’s watermark on it, similar to TikTok’s. So far, it looks like Instagram’s plan to compete with TikTok is working with the app at 2.35 billion monthly users [compared to TikTok’s]( 1.1 billion users. In today's edition - [Nigeria joins 17 countries to sign global AI safety agreement]( - [Zenith Bank to expand to France]( - [OneWeb beats Starlink in South Africa]( - [Nomsa Chabeli appointed as SABC's new CEO]( - [The World Wide Web3]( - [Opportunities]( AI //link.mail.beehiiv.com/ss/c/J3CRLa3OmvB07tnVGBtyiCLevyGeA8YRdg9x-MKxcVHpcM_k-eD7kNm5A8_KiViFZlWqs2WYQ7mrvt5AhjvsDyehTiqXS2MskeRd8BueUTASG1JkQSCgVyAalCBWA_be0zZSwRSB7l3nWEfRS9vkeiGk59aSpAlVn4FG9cc7cME/41o/RD1qTtzxTQiYNU3q6n1VOA/h15/0gCzheN0JWg1RXuBK-JIKPHR9LfJQaTBt-5WKkX41R0 Nigeria joins 17 countries to sign global AI safety agreement source: Zikoko Memes Nigeria wants to make AI safe for use. On Sunday, the country [joined 18 other countries](, including the US and UK to unveil a 20-page document that will be the holy grail of AI safety. The countries agreed that companies developing and implementing AI must ensure that their systems prioritise customer and public safety by preventing misuse. What does the agreement mean? The non-binding agreement deals with questions of how to keep AI technology from being hijacked by hackers, and it includes recommendations such as only releasing models after appropriate security testing. The framework additionally outlines recommendations for safeguarding AI systems against misuse, ensuring data integrity, and implementing rigorous vetting processes for software suppliers. While Nigeria is the only participating African country in the agreement, the move is usual as the country has yet to pass its own AI act into law. The big picture: AI safety and regulation have been a subject of debate globally, with several governments weighing in. AI safety was partly the subject of debate in the OpenAI saga, with [people fearing AI was being developed]( too fast without considering its consequences. The release of language models like GPT-3 sparked concerns about the ability of AI to generate harmful or misleading content. At the same time, the company's non-transparent research practices raised questions about accountability and oversight. However, developments like this by governments around the world shine a light on the importance of AI and the need to shape its development and ensure safety for everyone involved. Access payments with Moniepoint Moniepoint has made it simple for your business to access payments while providing access to credit and other business tools. Open an account today [here](. Expansions //link.mail.beehiiv.com/ss/c/J3CRLa3OmvB07tnVGBtyiCLevyGeA8YRdg9x-MKxcVEFGNEClU0ZW8Ttc0plAFCAjgaof7mZU7fcZbCQ-NcEbp1XY54oewMHqZBsdwaNteu52vKKa2zWsbjVsvTWd-xO/41o/RD1qTtzxTQiYNU3q6n1VOA/h23/RYZAzE5ymfJwUOz5i8Wlf6DUGqQf37epDbO6jB7ca8Q Zenith Bank to expand to France [Zenith Bank](Image source: Premium Times Zenith Bank is spreading its wings to Europe. The Nigerian commercial bank [will set up shop]( in France in the coming months, according to CEO Ebenezer Onyeagwu. Onyeagwu said the bank had signed a Memorandum of Understanding (MoU) with the French government to initiate the issuance of a banking licence, which will kick-start the bank’s operations in the country. The CEO, however, didn’t say when the licence-issuing process would be complete. Zenith’s move to France mirrors Access Bank, Nigeria’s largest lender by assets, [proposed move to Asia]( in 2024. The big picture: Zenith, which currently has subsidiaries in The Gambia, Ghana, Sierra Leone, the United Kingdom, UAE, and China, joins a host of other Nigerian commercial banks offering cross-border trading to customers on the global stage. Per this TechCabal report, [the bank’s goal is to encourage]( cross-border marketing and position itself as a leader in commercial and retail segments. The bank, with ₦13.38 trillion ($177.06 billion) in customer deposits, witnessed significant growth this year alone. Its financial results for the third quarter of 2023 rose by 149% to ₦505 billion ($6.3 billion). Internet //link.mail.beehiiv.com/ss/c/J3CRLa3OmvB07tnVGBtyiCLevyGeA8YRdg9x-MKxcVHpcM_k-eD7kNm5A8_KiViFZlWqs2WYQ7mrvt5AhjvsDyehTiqXS2MskeRd8BueUTASG1JkQSCgVyAalCBWA_be0zZSwRSB7l3nWEfRS9vkeiGk59aSpAlVn4FG9cc7cME/41o/RD1qTtzxTQiYNU3q6n1VOA/h30/p2o9go0t5BFiHqiU8oeGodjYM0QFfe6bsyLeiYm_oCs OneWeb launches broadband service in South Africa [OneWeb](Image Source: Data Centre Dynamics OneWeb has [launched]( its low-earth orbit (LEO) broadband service in South Africa. Through a partnership between telecom company, Paratus and satellite operator, Eutelsat, the Starlink rival will offer fast and reliable internet in areas with connectivity challenges, benefiting sectors such as healthcare, government, mining, agriculture, tourism, and hospitality. The partnership leverages a 10,000-kilometre fibre network across 10 sub-Saharan African countries, providing customers with connectivity to various data centres in Angola, Namibia, and Zambia, along with connectivity to various subsea cable systems, including Equiano. An advantage over Starlink: OneWeb's satellites orbit at an altitude of 1,200 kilometres, while Starlink's satellites orbit at an altitude of 550 kilometres. This means that the signal has to travel a shorter distance to reach the ground, resulting in lower latency. OneWeb has already established ground station connectivity in South Africa, Angola, and Mauritius. Zoom out: Starlink, meanwhile, is yet to [secure a licence]( to operate in South Africa due to non-compliance with the country's equity ownership rules for ISPs. To meet regulations set by the Independent Communications Authority of South Africa (ICASA), companies must allocate 30% of their equity to historically disadvantaged groups. This mandate necessitates Elon Musk and other shareholders to surrender a considerable stake in the service to be provided in the country, a very unlikely mandate. Checkout the Paystack Changelog Paystack integrated with DebiCheck, to simplify recurring payments in South Africa via debit orders. See what [Paystack has been up to in 2023 →]( Media //link.mail.beehiiv.com/ss/c/J3CRLa3OmvB07tnVGBtyiCLevyGeA8YRdg9x-MKxcVHpcM_k-eD7kNm5A8_KiViFZlWqs2WYQ7mrvt5AhjvsDyehTiqXS2MskeRd8BueUTASG1JkQSCgVyAalCBWA_be0zZSwRSB7l3nWEfRS9vkeiGk59aSpAlVn4FG9cc7cME/41o/RD1qTtzxTQiYNU3q6n1VOA/h38/5JvnKkFuPvUn_YPquxGRQUilhptYkWZV1ldu9qlyGo4 Nomsa Chabeli appointed as SABC's new CEO [Oprah's We're Going Digital GIF](Nomsa Chabeli. Image source: The South African The South African Broadcasting Corporation (SABC) has [appointed]( ex-DStv and MTN executive Nomsa Chabeli as its new Group Chief Executive Officer (GCEO). This follows the departure of the former GCEO, Madoda Mxakwe, from SABC five months ago. Nomsa Chabeli is set to assume the role of CEO starting from March 1, 2024. With more than two decades of experience, [Chabeli]( has played significant roles at MTN, Multichoice, SAB, Brand South Africa, GCIS, and Edcon. Chabeli will take over the organisation which is facing financial challenges, including a significant loss of R1.1 billion ($58.7 million) during its 2022/2023 financial year due to the R44 billion ($2.3 billion) in unpaid licence fees [owed]( by over nine million South Africans. How does she plan to do it? Chabeli will spearhead the vision and operational excellence across the entire SABC Group. She plans to enhance revenue and ensure enduring success for the organisation through innovation, and fostering connections in the dynamic digital landscape. Her focus is on inspiring, informing, and resonating with diverse audiences. Attend the Bluechip Data and AI Summit Join us at the #BluechipDataandAISummit: Building an Effective Data and AI Solution. Shape the future of your business and industry with data-driven intelligence, innovative solutions and sustainable growth. [Secure your seat today](. Crypto Tracker //link.mail.beehiiv.com/ss/c/J3CRLa3OmvB07tnVGBtyiCLevyGeA8YRdg9x-MKxcVHpcM_k-eD7kNm5A8_KiViFZlWqs2WYQ7mrvt5AhjvsDyehTiqXS2MskeRd8BueUTASG1JkQSCgVyAalCBWA_be0zZSwRSB7l3nWEfRS9vkeiGk59aSpAlVn4FG9cc7cME/41o/RD1qTtzxTQiYNU3q6n1VOA/h47/l7KpwIVGKHgy61JQSuXfSuc-Z2aUl2VdN63-F28IpWM The World Wide Web3 Source: [OneLiquidity logo] Coin Name Current Value Day Month Bitcoin $37,384 - 0.94% + 10.26% Ether $2,018 - 1.62% + 13.20% PythNetwork $0.39 - 7.43% - 39.14% Solana $54.46 - 4.75% + 70.84% * Data as of 19:50 PM WAT, November 27, 2023. [OneLiquidity GIF]( Sourcing for institutional size liquidity for African currencies to G25 currencies including USD, GBP and EUR is a pain. Oneliquidity is Africa’s leading Liquidity provider; we provide the best prices and reliable liquidity for institutional players 24/7 via OTC, API and GUI. [Onboard now and start getting quotes](. Opportunities //link.mail.beehiiv.com/ss/c/J3CRLa3OmvB07tnVGBtyiCLevyGeA8YRdg9x-MKxcVHpcM_k-eD7kNm5A8_KiViFZlWqs2WYQ7mrvt5AhjvsDyehTiqXS2MskeRd8BueUTASG1JkQSCgVyAalCBWA_be0zZSwRSB7l3nWEfRS9vkeiGk59aSpAlVn4FG9cc7cME/41o/RD1qTtzxTQiYNU3q6n1VOA/h52/0-5ObIKNIgKEF5-jHbx0AaEDDWWa90txKXDtcbXDG7Q - Applications are open for the Next Generation Social Sciences in Africa: Doctoral Dissertation Research fellowship 2024(up to $15,000). The Social Science Research Council offers fellowships to support the completion of doctoral degrees and to promote next-generation social science research in Ghana, Kenya, Nigeria, South Africa, Tanzania and Uganda. The fellowships support dissertation research on peace, security, and development topics. [Apply by February 11, 2024](. - The citizens of Commonwealth countries in Africa can now apply for the Commonwealth Africa Cyber Fellowship Programme 2024. Selected experts will serve as fellows for a year, and get exclusive access to academic research opportunities, networking events and annual conferences, with a focus on enhancing cybersecurity policies and institutions across Commonwealth countries in Africa. [Apply by December 10.]( - Applications are open for the Mastercard Foundations Scholars Program 2023/2024 at the Carnegie Melon University Africa. The program provides generous financial, social, and academic support for students whose talents and promise exceed their financial resources. [Apply by January 15, 2024](. What else is happening in tech? - [#NairaLife: He almost became a Yahoo boy. Now he’s a POS agent]( - [How Nigerian female entrepreneurs can succeed by using Sparkle Business]( - [Next Wave: Venture capital is undergoing a reset but no one is changing]( Written and Edited by: [Faith Omoniyi](, [Mariam Muhammad]( & [Timi Odueso]( Want more of TechCabal? 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