Nigeria to create National AI Strategy 

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August 29, 2023
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4 min read

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Halo,

Google Flights is rolling out a new feature that will assist users in deciding whether it is preferable to book their flight right away or wait for a price reduction.

In addition to indicating whether prices are low, average, or high, Google Flights will now explicitly state when it is the cheapest time to book a flight.

The current tool compares historical averages for the same route and provides a "Price history" graph in addition to its other functions. But you can now go one step further and learn "when prices have typically been lowest to book your chosen dates and destination."

Here's what I've got for you today:

  • How Patricia plans to repay customers
  • Nigeria to create National AI Strategy

How Patricia plans to repay customers 

Patricia 12

In April 2023, the Nigerian cryptocurrency exchange Patricia shut down withdrawals and deposits on its platform after disclosing that it had experienced a breach.

On August 18, 2023, it announced the launch of Patricia tokens (PTK), which all outstanding balances in naira and Bitcoin (BTC) will be converted to.

However, customers, who have not accessed their money in months, were not pleased with the announcement.

They raised questions, including how the token was backed and why Patricia converted them without customer consent. In his most recent story, Bolu provided some of these answers.

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For instance, if you are wondering how the PTK will work, Patricia explained that it will function much like an IOU (I owe you) document, which will allow the exchange to acknowledge how much it owes you.

It will serve as a "debt instrument" or debt token in exchange for the assets lost during the breach.

For more information, read Bolu’s story here: How Patricia plans to pay customers back

 Nigeria to create National AI Strategy  

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Nigeria is seeking the world's best scientists with Nigerian ancestry to help create its National Artificial Intelligence (AI) Strategy.

This move will influence how the government develops innovative tech solutions to its most pressing national problems.

Bosun Tijani, Minister of Communications, Innovation, and Digital Economy, said the National Information Technology Development Agency (NITDA) has already started developing a National Al Strategy.

Consequently, the government is expanding its co-creation approach by curating a list to involve and include top Al researchers of Nigerian descent globally.

Why does it matter? The government acknowledged that AI has evolved into a multifaceted technology that is revolutionising production and service provision and has the potential to impact social advancement and economic growth significantly.

One study shows that by 2030, Al could contribute up to $15.7 trillion to the global economy. $3 trillion would come from increased productivity and $9.1 trillion from new goods and services.

Sidebar: Two weeks ago, Kashifu Inuwa, the Director-General of NITDA, announced plans to build AI developers’ communities across Nigeria to shape the future of technology in the country.  

He stated that they would begin in three states in 2023 and then strategise on expanding it to other states and, eventually, local government areas.

What I'm reading and watching

Opportunities   

  • GitLab is looking for a remote Product Manager. Apply here.
  • Are you interested in Technology Risk, or an IT Auditor or Data Analyst? Apply for this Visa-sponsored opportunity in the UK. Apply here
  • Wellahealth is hiring for customer service roles in Uyo and Abuja, Nigeria. Check out this tweet to apply.
  • Interswitch is looking for a UI/UX designer. Apply here.
  • Apply for the AWS Startup Builds Accelerator 2023 for pre-MVP founders before September 22, 2023, here.
  • Gen F, a three-month initiative sponsored by Founders Factory Africa, is open to idea-stage founders. Participants will receive a monthly stipend, an experimentation budget, and access to experts to help them test and launch their ideas. Apply here.
  • MTN MoMo is hosting tech developers and innovators from 15 African countries, including Nigeria, Rwanda, South Africa, Ghana, and Cameroon, to participate in its online application programming interface (API) hackathon. Apply before September 3, 2023, here.
  • If you are a software engineer, creative designer, product manager, design researcher, or a techie looking for an internship role, please, check out this website.

Have a lovely Tuesday!

Victoria Fakiya for Techpoint Africa.

She's autistic and interested in mental health and how technology can help Africans with mental disorders. Find her on Twitter @latoria_ria.
She's autistic and interested in mental health and how technology can help Africans with mental disorders. Find her on Twitter @latoria_ria.
She's autistic and interested in mental health and how technology can help Africans with mental disorders. Find her on Twitter @latoria_ria.

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