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The Biggest Name In AI Visits Nigeria

The Biggest Name In AI Visits Nigeria

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AI’s on a world tour with headliner Sam Altman – the CEO of OpenAI. Altman’s on a 17-city tour, with Nigeria being the only Africa stop. Nigerians are flattered, while the rest of Africa is unhappy with Altman’s lean travel schedule.


1. Sam Altman, CEO of OpenAI, visited Nigeria as part of a worldwide tour to engage with OpenAI users and developers, promote AI integration, and gather feedback. He also met with government officials to discuss AI regulation.


2. MIVA Open University, a subsidiary of uLesson Group, received a license from Nigeria's National Universities Commission to operate as an Open Distance eLearning institution. The university will offer various bachelor's degrees and aims to address the admission gap in Nigerian universities.


3. A report by Boston Consulting Group (BCG) and QED projected that Africa will have the fastest-growing fintech sector. With a growing population and underserved markets, the continent offers significant opportunities for fintech companies, especially in credit services.


4. M-KOPA, an asset-financing platform, raised $55 million in equity and $200 million in debt financing. The company focuses on building credit culture, empowering women through its agent network, and expanding its customer base in Africa.


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