Innovation Village Newsletter
Posts
💵 Mastercard Foundation's $360m for Over 70k African Women

💵 Mastercard Foundation's $360m for Over 70k African Women

Plus: Nigerian Govt. Expands CNG Conversion Program to Eight States

Innovation Village
September 16, 2024

Today’s Menu ☕️

💵 Mastercard Foundation Commits $360 Million to Educate Over 70,000 Young Women in Africa
📱TECNO Unveils the PHANTOM V Fold2 5G
🚙 Nigerian Govt. Expands CNG Conversion Program to Eight States, Plans Further Rollout
🤖 Introducing OpenAI o1: Advanced Reasoning AI Models

If you haven't subscribed, join over 7,000 people curious about Innovation, New Products, New Technologies in Africa.

📚 EDUCATION

Mastercard Foundation Commits $360 Million to Educate Over 70,000 Young Women in Africa

The Mastercard Foundation is taking a significant step to support young women and girls in Africa by expanding its partnerships with the Campaign for Female Education (CAMFED) and the Forum for African Women Educationalists (FAWE). This renewed collaboration aims to break down financial and social barriers to education, impacting over 70,400 young women and girls directly and benefiting 3.3 million young people across the continent.

Over the next seven years, the Mastercard Foundation will invest an additional $360 million to help young women transition through education, entrepreneurship, and employment. This move is part of the Foundation’s broader commitment to building inclusive education systems and enabling Africa’s youth, particularly girls, to thrive....…....continue reading

Register for this free Product Management webinar titled:
Product Leadership in Action

Click here to register: https://bit.ly/TCWEB9

📱MOBILE PHONES

TECNO Unveils the PHANTOM V Fold2 5G

TECNO has officially launched the PHANTOM V Fold2 5G, an AI-enhanced, second-generation foldable smartphone designed to boost productivity and creativity. Targeted at business professionals and creative individuals, this cutting-edge device is set to revolutionize the foldable smartphone market with its AI-powered features and robust hardware.

The PHANTOM V Fold2 5G features an outer 6.42-inch screen that unfolds into a 7.85-inch main screen, both offering a 120Hz refresh rate. The AMOLED FHD+ display ensures an immersive viewing experience, while the foldable design, enhanced by FreeForm technology, allows users to use the device hands-free at various angles (30-120°). This versatility supports a range of activities, from video calls to streaming, on both system apps and popular third-party apps like YouTube, Netflix, and Zoom.

Equipped with a 5750mAh Aircell battery, the PHANTOM V Fold2 5G supports up to 9.22 hours of TikTok viewing and 19.03 hours of Facebook scrolling. The device’s 70W Ultra Charge technology allows it to reach 50% battery in under 20 minutes and 100% in 50 minutes. With the added convenience of 15W wireless charging, users can quickly power up their devices without cables.

The PHANTOM V Fold2 5G boasts a five-camera system, including three 50MP cameras. The main camera features a 1/1.3-inch sensor and is capable of 4K video recording. Additionally, AI-driven features like Universal Tone Technology and AIGC Portrait ensure that every photo and video is vivid and stunning...…....continue reading

🚙 AUTOMOBILES

Nigerian Govt. Expands CNG Conversion Program to Eight States, Plans Further Rollout

The Nigeria government has officially launched its Compressed Natural Gas (CNG) Conversion Incentive Program in eight states, with plans to expand to nine more by the end of 2024. This initiative, driven by the Presidential Compressed Natural Gas Initiative (PCNGi), aims to provide an affordable, environmentally friendly alternative to petrol by converting vehicles to run on CNG.

The states where the CNG Conversion Incentive Program is currently active include Oyo, Lagos, Ogun, Edo, Delta, Kogi, the Federal Capital Territory (FCT), and Nasarawa. The program is set to extend to Kwara, Ekiti, Osun, Niger, Rivers, Kano, Akwa Ibom, Abia, and Enugu in the next phase. PCNGi emphasized that while a nationwide rollout is the ultimate goal, the scale and complexity of the project require a strategic, phased approach. As a result, a simultaneous activation across all 36 states and the FCT is not feasible at this time..…....continue reading

🤖 ARTIFICIAL INTELLIGENCE

Introducing OpenAI o1: Advanced Reasoning AI Models

OpenAI has launched a groundbreaking series of AI models designed to tackle complex problems in science, coding, and mathematics. Introducing OpenAI o1, a new model preview that promises a significant advancement in AI’s reasoning capabilities. Available starting from September 12th, this series aims to solve more challenging tasks than its predecessors by “thinking” more before responding.

This new model is trained to spend extra time reasoning through problems, much like a human. It refines its thinking process, tries different strategies, and learns from its mistakes. This approach has led to remarkable improvements in handling complex tasks. In tests, the model performed on par with PhD students on advanced physics, chemistry, and biology challenges. Its capabilities in coding and math are equally impressive—scoring 83% on a qualifying exam for the International Mathematics Olympiad and reaching the 89th percentile in Codeforces competitions...……continue reading