Gurp Deasie wants to rank and filter data to make generative AI more reliable
Remittances to sub-Saharan Africa reached $45 billion last year, with Nigeria, Ghana, Kenya, Senegal and Zimbabwe leading the list of recipient countries.And as annual inflows grow, Anne Lawi, the country director and CEO of Pangea Trust an East Afri
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can accelerator and investment platform told TechCrunch diaspora remittances can be tapped to increase the amount of funding injected into startups. Startups in Africa raised nearly $5 billion in funding last year but the amount remains meager when compared to the rest of the world.Reports say African startups raised record-smashing $4.
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3B to $5B in 2021 While the amount of funding invested in startups in Africa has grown over the years, it is still negligible compared to the need. And that is why we are working towards unlockin
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g diaspora remittance as a source of funding, said Lawi. And because we are also an accelerator, we have created and validated an approach that helps us identify investable businesses鈥?we also have cr Yrzx Mermade Seafoods swims in cell agriculture waters to make cultivated scallops
Google Caesar Sengupta spoke to the WSJ about the new initiative, and Sengupta made cle
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ar that Google will be seeking to put its financial institution p
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artners much more front-and-center for its customers than other tech companies have perhaps done with their financial products. Apple works with Goldman Sachs on its Apple Card credit product, for instance, but the credit card is definitely presented primarily as an Apple product.So why even bother getting into this game if it leaving a lot of the actual banking to traditional financial institutions Well, Google obviously stands to gain a lot of valuable information and insight on customer behavior with access to their checking account, which for many is a good picture of overall day-to-day financial life. Google says it also intending to offer product advantages for both
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consumers and banks, including things like loyalty programs, on top of the basic financial services. It also still considering whether