African insurers are emerging as the fastest climbers in the continent’s digital transformation race, even as fintechs maintain their lead, signalling a decisive shift in Africa’s financial services sector from rapid growth to operational efficiency and profitability. According to the African Financial Industry Report released by Deloitte in collaboration with the Africa Financial Summit (AFIS),
Takeaways Today, we’re launching a generative AI video editing feature across the Meta AI app, the Meta.AI website and the Edits app to help you bring your creative ideas to life. You’ll now be able to easily edit your short-form videos using a variety of preset AI prompts that can transform your outfit, location, style and more.
Meta, in collaboration with national innovation agencies and ecosystem partners across Africa, has launched a Sub-Saharan Africa-wide initiative to accelerate the development of impactful, open-source AI solutions through Llama. The program, running from May to November 2025, includes in-country AI accelerator tracks in Nigeria, Kenya, Senegal, and South Africa. Designed to support startups in creating
Meta’s proposed $10 billion investment in Scale AI, reported by Bloomberg, is more than just another headline in the global tech race—it’s a powerful signal of the escalating demand for advanced AI infrastructure and the emerging opportunities for developing markets like Africa. While the deal underscores Meta’s pivot from its in-house-only model to external partnerships,