ChatGPT, the popular AI startup, is considering introducing ads to its platform, a move that could challenge Google's ad-tech business. As the company continues to experiment with different revenue models, the question on everyone's mind is: how will ads impact the user experience?
In other news, 9mobile, a Nigerian telecom operator, is seeking a comeback after its market share shrunk to a mere 2.1%. The company, now under new ownership by LightHouse Telecoms, is planning to reboot its services, including roaming features and leadership shakeups. However, to truly reconnect with Nigerians, 9mobile needs more than just plans – it needs the creative spark that once made it a household name.
In South Africa, the e-commerce sector is becoming increasingly competitive, with players like Jumia and Takealot struggling to maintain their market share. The entry of new players like Amazon and Temu has intensified the competition, with companies now focusing on unique offerings to attract customers. Takealot, in particular, is battling a slow macroeconomic environment and shifting customer behavior, making it harder to defend its market share.
Safaricom Ethiopia, a subsidiary of the Kenyan telco giant, has raised concerns about unfair competition in the Ethiopian telecoms market. The company has accused market leader Ethio Telecom of charging higher tariffs and extra costs when making phone calls to subscribers of the Safaricom network. Safaricom Ethiopia hopes to sway public opinion as it tries to grow its market share in the country.
In the cleantech sector, Glencore Plc has signed a $110 million solar deal to build a massive solar power plant in South Africa. The project, valued at 2.1 billion rand, will be constructed at the Glencore-Merafe Chrome Venture's operations in the Free State province. This move aligns with South Africa's growing commitment to renewable energy and its broader goal of a low-carbon future.
Finally, the World Wide Web3 has seen significant movements in the crypto market, with Bitcoin, Ether, and Ripple experiencing fluctuations in their values. Applications are also open for the 2025 Google for Startups Growth Academy: AI for Cybersecurity, a three-month hybrid program for Seed to Series A startups using AI to tackle cybersecurity challenges.
These are just a few of the key developments in African tech, showcasing the region's growing importance in the global tech landscape. As the industry continues to evolve, one thing is clear: Africa is becoming a hub for innovation and entrepreneurship.