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News and Press Releases from Africa’s leading companies

FNB has introduced a suite of structured investment solutions, traditionally reserved for institutions, to individual clients. This offers a balanced, risk-managed portfolio. Sizwe Nxedlana, CEO of FNB Private Segment, highlights the goal-based approach to helping clients achieve financial goals through structured investment products. Bheki Mkhize, CEO of FNB Wealth Investments,...
Infobip, a global cloud communications platform provider, received the "Innovative Cloud Communications Provider of The Year" award at the Tech Innovation Awards 2023. The ceremony, held on September 22, 2023, at Lagos Oriental Hotel in Lekki, Lagos, Nigeria, honored organizations, individuals, and entities that have shown exceptional commitment to...
Alepo Technologies Inc., a provider of telecommunications and digital solutions, welcomes Sunil Diaz as its new Chief Executive Officer (CEO). With over two decades of experience in telecommunications and software development, Sunil aims to drive innovation, growth, and market expansion. He has held leadership roles in renowned technology companies, fostering...
Once regarded as having one of the most innovative cultures, South Africa is now falling behind. Local organisations need to radically overhaul their attitudes towards innovation and, if they can’t get it right internally, they should outsource it. This will not only guarantee success but can also help operationalise...
Ingram Micro Inc., a technology and supply chain services leader, has announced a distribution partnership with Zoho. To introduce Zoho's products across MENA, this partnership will primarily emphasize Zoho Workplace, an enterprise collaboration platform, and Zoho Bigin, a CRM for small businesses. International Distribution Agreement This distribution agreement covers several countries,...
Loop in collaboration with VISA, proudly introduces the Tap-to-Phone instant payment solution for minibus-taxi commuters and operators. The service is operational in digitally-enabled Loop taxis on the Mitchells Plain to Bellville route, marking a significant digital transformation. Commuters can pay with a tap, facilitated by VISA's Transforming Urban Mobility program. Taxi...
Cassava Technologies, a pan-African technology group announced a strategic partnership with Atlas AI, an Artificial Intelligence (AI) analytics platform. The collaboration aims to maximize the positive impact of connectivity and digital services across Africa, leveraging data-driven insights to expedite digital transformation and foster economic growth. This partnership empowers Cassava to...
In 2014, HUAWEI entered the wearables market with the HUAWEI TalkBand B1. Over a decade, they expanded their smart wearables with innovative technology, design, and materials. The Development of HUAWEI's Wearable Health Technology Throughout the past decade, HUAWEI made significant advancements in wearable technology: - 2016: Introduced HUAWEI TruSeen™ 1.0 for vital...
Telecom Egypt launches WeConnect, an innovative ecosystem, as a leading integrated telecom and major subsea cable operator in the region. Enabling Agile Access to Egypt's Subsea Cable Infrastructure with Globally Competitive Pricing and User-Friendly Digital Management This platform offers agile access to Egypt's extensive subsea cable infrastructure, allowing users to mix...
Nigeria| Fluenta, the leader in ultrasonic sensing technology for flare gas measurement, has successfully installed 18 ultrasonic flare gas meters at the Dangote Refinery in Nigeria, the largest oil refinery in Africa. This refinery plays a pivotal role in Nigeria's quest for energy self-sufficiency, aiming to meet the country's daily...
The Ericson Mobility Report for June 2023, forecasts Sub-Saharan Africa to be the the region with the highest growth in total mobile data traffic, rising by 37% annually between 2022 and 2028. This increase in data traffic will primarily be driven by a four-times increase in smartphone traffic in the...
Safaricom, one of Kenya's leading mobile network operator revamped its in-country cloud computing platform and services, to help businesses and organisations digitise their operations offer flexibility and resilience to an ever changing environment. Powered by VMware The new cloud services, hosted in Data centres in Nairobi and Kisumu are powered by...
Flutterwave, Africa’s payments technology company, is set to launch its inaugural Engineering Mobility Program in India in collaboration with Capgemini, a business and technology transformation service. This groundbreaking initiative will see Flutterwave's engineering team from Nigeria and the UK partnering with Capgemini’s extensive technology talent in Bangalore to exchange industry...
FNB says it continues to see signs of a rebound in consumer-to-consumer economic activity, demonstrated though a significant increase of over 15% in the value of money sent via its renowned eWallet service during the previous financial year, rising from R33.7 billion to an impressive R38.9 billion. In addition to...
Nithio, a leading energy finance platform in Africa, has announced an investment in SunCulture, an industry leader in solar irrigation and farming technology solutions. Nithio’s investment, made through its investment vehicle, Nithio FI, is part of the Productive Use Appliance Financing Facility (PUAFF), which catalyzes the uptake of productive...
Kaspersky has updated its Digital Footprint Intelligence service delivering improved protection for companies from fake accounts on social networks, as well as from fake apps on mobile marketplaces.  Paying Attention to Business Safety In the last year alone, more than 500 million attempts at accessing fraudulent websites were discovered by Kaspersky...
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