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Africa’s TMT sector continues to show impressive growth

Global mergers and Acquisitions (M&A) activity in tech and telecoms rose to USD 439 billion in 2018 as transformations within the sector continued and the emergence of disruptive cloud, mobile, social and big data analytics technologies drove deal making. The...

Huawei gears up for Cloud Africa launch in March 2019

In 2018, Huawei announced plans to launch its first public cloud datacentre in Africa, however there was mention of location nor exact date of the launch. In a recent statement issued by Huawei, the company confirmed the launch to happen...

Visa launches fintech fast-track program in Africa

Visa has just announced it is expanding its fast-track program to support fintechs in the Central and Eastern Europe, Middle East and Africa (CEMEA) region as part of its efforts in developing the next generation of digital payment solutions. Already...

Gartner predicts global IT spending to reach $3.8 trillion in 2019

Global IT spending is anticipated to increase by 3.2 percent and reach $3.8 trillion in 2019 due to growth in the cloud, Internet of Things (IoT), and data centre markets. According to Gartner, spending is shifting from mobile devices to...

Postal operators can help drive down remittance costs in parts of Africa

Money received from loved ones working abroad can transform a family’s living standards. From Albania to Australia and from Bahrain to Bangladesh, the essential bridges built between countries due to remittances support migrant families and keep children in desperately...

Cyber insurance premiums to outpace all others, according to a global analysis from Aon

A series of commercial global P&C insurance market reports from Aon Inpoint, Aon’s data, analytics, engagement and consulting team, found that by 2021 the most rapid growth of premiums will be seen in cyber insurance products. In addition, the financial...

Smart factories: unlocking new global opportunities for local manufacturers

As the likes of advanced robotics, machine learning, 3D printing, connected sensors and augmented reality transform the traditional manufacturing industry, some tantalising new opportunities emerge for local manufacturers. Recent research from Capgemini Consulting* predicts that so-called ‘Smart Factories’ have the...

GSMA Records 5 Billionth Mobile Subscriber World Wide

According to real-time data from GSMA Intelligence, the research arm of the GSMA, the world’s mobile industry has signed up its 5 billionth unique mobile subscriber  The 5 billion milestone means that more than two-thirds of the global population...

Ericsson to provide ICT for disaster response

ICT plays a critical role in global disaster response, where efficient and effective emergency communications contribute to saving lives and alleviating suffering. Ericsson and Save the Children today announced that the parties have signed a partnership agreement for global...

Global mobile phone shipments rose to 1.6 billion in 2012

According to the latest research from Strategy Analytics, global mobile phone shipments grew by a modest 2 percent annually to reach 1.6 billion units in 2012. Samsung was the star performer, accounting for 1 in 4 of all mobile...
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African Fintech Giant Ranked as Fastest-Growing

The world’s leading financial publication confirmed Moniepoint’s accolade in its annual “Africa’s Fastest Growing Companies” survey, released yesterday. It...
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