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Kenyan President Joins U.S.-Kenya Business Roadshow in San Francisco to Drive Investment
Kenyan President William Ruto addressed leading U.S. technology companies and investors at a U.S.-Kenya Business Roadshow today in San Francisco organized by the U.S. Government’s Prosper Africa initiative and the U.S. Embassy in Kenya. The roadshow highlighted the business and…
FNB Shows Sustained Growth in Customers, Deposits and Digital Users
FNB, recently declared South Africa’s Most Valuable Brand, has delivered strong results for the financial year ending 30 June 2023, boosted by sustained growth in customers, deposits, transactional activity, and take-up of its comprehensive product range. Against the backdrop of…
DouYin – Apple’s Highest Grossing App Overtakes TikTok with $372M Monthly Revenue
While TikTok continues dominating the social media space as the fastest-growing app in the market’s history, its sister app, Douyin, remains the major money spinner for Chinese tech giant ByteDance. According to data presented by OnlyAccounts.io, as the highest-grossing iPhone…
The Energy Loom: Crafting Africa’s Green Transition with Precision
The call for a green revolution is no longer a distant echo; it’s the resounding demand of the present. Much like an artisan weaver poised before a complex loom, the world faces the task of crafting a grand tapestry of…
Hot Cup of Coffee? Nespresso South Africa Welcomes New CEO
Nespresso South Africa is delighted to announce the appointment of Mr. Gabriel Nobre as the new Chief Executive Officer (CEO). Mr. Nobre holds a Postgraduate Degree in Business Administration and an MBA in Digital Business. He has been a part…
Redefining Connectivity: IoT Roaming to Surge to 600 Million Connections by 2028
A new study by Juniper Research, the foremost experts in roaming, has found that there will be over 600 million roaming IoT connections by 2028; rising from 145 million in 2023. This will necessitate the implementation of new roaming standards…
Smartphones Fuel Content Creator Industry in South Africa
South Africa is a hub for content creators. Platforms like TikTok have created household names out of individuals whose first claim to fame is mass awareness from digital platforms. Many of these creators, who mostly create content in their own…
Harnessing Multi-Cloud Backups: The Key to Data Resilience and Cost Savings
More and more companies are adopting a multi-cloud strategy and recognizing the benefits of multiple cloud service providers. Agility, fast response times, and the ability to use the best platform for each workload are among the key arguments. However, this…
Rising Cybersecurity Threat Calls for Strategic Realignment in the Public Sector
Africa’s Cybercrime landscape is a cause for great concern. In Interpol’s latest African Cyberthreat Assessment Report clearly indicates the rising threat of cybercrime for governments. The rapid advancement and interconnectivity of technology is a breeding ground for complex attacks and…
Commvault Connections Live 2023: Unveiling the Future of Data Protection and Collaboration
Commvault, a global leader in enterprise data management and data protection, once again hosts its highly anticipated Connections Live annual event in Johannesburg at the Houghton Hotel on 5 September 2023. Embracing Cross-Vendor Collaboration The event brings together industry leaders,…
LemFi’s $33 Million Leap: Pioneering Zero-Cost Remittance for Nigerian Migrants Worldwide
Nigerian immigrants abroad grapple with challenges in money transfers, stemming from high remittance fees, limited access to formal financial services, and regulations. Often sending a significant part of their income back home, these immigrants seek affordable remittance solutions. According to…
High Cost of Living Brings Insurance Industry Under Fire
The world is currently facing one of the harshest economic climates experienced since the 2008 Global Financial Crisis, one of the worst financial crises in modern history. This raises concerns that more people may turn to fraud to address the financial…
Safaricom Plans to Launch Payment Service in Ethiopia
Safaricom (NSE: SCOM) Telecommunications Ethiopia, a name synonymous with innovation and connectivity, has achieved yet another milestone. In a groundbreaking move, the company was officially granted the license to operate mobile money services in Ethiopia on 11 May 2023. This…
Crypto Heists: Unveiling the Billion-Dollar Underworld Despite Sluggish Crime Rates
After stealing more than $3.5bn worth of cryptos in 2022, the worst year for crypto heists in the market`s history, crypto scammers and hackers have seen their inflows significantly drop in 2023. Still, the total amount of stolen money in…
MediaTek Empowers Edge Device AI with Meta’s Llama 2 Integration
MediaTek, a leading global fabless semiconductor powering more than two billion connected edge devices every year, announced it is working closely with Meta’s Llama 2, the company’s next-generation open-source Large Language Model (LLM). Utilizing Meta’s LLM as well as MediaTek’s…
Senegalese Power Plant Opts for Wärtsilä Long-Term Service Agreement
Technology group Wärtsilä has signed a long-term service agreement for two years with ContourGlobal, a global energy provider based in the U.S. The agreement covers the company’s Cap des Biches power plant in Dakar, Senegal. The plant dispatches power to the national…
