The global IT spending on enterprise software set to reach US$426bn in 2020, with many businesses in the IT sector keen on implementing innovatrive measures to keep entitites running during this pandemic, according to data obtained by Buyshares.co.uk
Commerce
Hexatronic to acquire UK-based fibre optic company Tech Optics
Manufacturers of fibre optic cable Hexatronic Group has entered into an agreement to acquire all shares in the UK-based fibre optic company Tech Optics Limited
Digital transformation in banking sector crucial for sustainable growth
Bankers from sub-Saharan Africa and China who attended the Huawei sub-Saharan Africa Financial Services Industry Online Summit 2020 agree that digitisation of the sector will give it resilience against the current COVID-19 pandemic and enable sustained growth in the post COVID era
South Africa’s Mama Money partners with Western Union for global expansion
Western Union, a provider in cross-border, cross-currency money movement and payments, and Mama Money, a growing international money transfer company, have partnered to enable Mama Money customers to send money to their family around the world through Western Union’s Global Network
DHL Express acquires stake in Link Commerce
DHL Express has acquired a stake in the UK-based e-commerce firm Link Commerce, which helped the logistics company develop its hugely successful DHL Africa eShop platform
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SEACOM debuts LEO satellite service, enhancing connectivity in South Africa; industry leaders endorse its potential for digital transformation. (Image source: Adobe Stock)
Paratus Group pioneers fastest fiber express route linking Johannesburg to Europe, revolutionising telecommunications with low latency and high-speed connectivity. (Image source: Adobe Stock)
Empowering girls through innovation in education across Africa. (Image source: Adobe Stock)
(L-R): Dr Diane Karusisi, CEO, Bank of Kigali and Dr Reda Helal, group managing director – processing, Africa and co-head group processing, Network International. (Image source: Network International)
Kagiso Mothibi, MTN SA’s general manager for fintech products and services. (Image source: MTN)
Huawei Cloud pledges US$10mn in credits, aims to support 100 Nigerian startups, fostering innovation & digital transformation. (Image source: Adobe Stock)
Microsoft envisions AI empowering Africa's progress, highlighting strategies for governance and partnerships to ensure equitable advancement. (Image source: Adobe Stock)
American Tower and ProFuturo join forces to revolutionise education in Africa, bridging the digital divide and empowering underserved communities. (Image source: Adobe Stock)
Orange Digital Center and Coursera join forces to offer free certification courses for new digital professions. (Image source: Adobe Stock)
Africa Data Centres & DPA SA pioneer solar farm for sustainable data solutions in South Africa. (Image source: African Data Centres)
MTN leads South Africa's mobile networks with exceptional speeds, while Vodacom excels in 5G. (Image source: Adobe Stock)
MainOne, an Equinix subsidiary, partners with Akwa Ibom state for high-speed connectivity, enhancing Nigeria's digital landscape. (Image source: Adobe Stock)
Debbie Beech, country manager: SA and SADC at cybersecurity expert, Exclusive Networks Africa. (Image source: Exclusive Networks Africa)
South African government plans to extend Wi-Fi connectivity to 5.5 million households in rural and township regions over the course of the next three to four years. (Image source: Adobe Stock)
MTN & Airtel create APEP to boost mobile money in Congo. (Image source: Adobe Stock)
