Ahead of the World Economic Forum (WEF) conference, Siemens has unveiled a data visualisation for the city of Cape Town that illustrates how data is critical to transforming Africa’s urban centres into smart cities of the future
Commerce
Fintech Nomanini raises US$4mn in funding round led by Standard Bank
Nomanini, the fintech platform for the informal retail ecosystem, has announced a US$4mn funding round led by Standard Bank, Africa’s largest bank, and completed by Goodwell Investments, an Amsterdam-based investment firm focused on fintech and financial inclusion
Ethiopia to cooperate with Alibaba to promote digital economy
The Ethiopian Ministry of Innovation and Technology has announced a cooperation with Chinese e-commerce giant Alibaba Group to grow its digital economy
MTN Nigeria to offer financial services
Telecom operator MTN Nigeria Communications PLC has been granted permission to offer financial services by Nigeria’s central bank
Lamar Holding invests US$1mn in Nigeria’s fintech firm
Lamar Holding, the Bahrain-based energy investment company, has announced that it has invested US$1mn in Nigerian payment application development company, TechAdvance
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In the MENA region, cybersecurity is crucial amidst rising digitalisation and state-sponsored cyber threats, met by BBS Technology's comprehensive solutions. (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)
AMN activates first base station with Starlink LEO backhaul, expanding rural connectivity in Nigeria and beyond. (Image source: AMN)
Paratus Group pioneers fastest fiber express route linking Johannesburg to Europe, revolutionising telecommunications with low latency and high-speed connectivity. (Image source: Adobe Stock)
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Sparkle and Arqit’s quantum-safe VPN PoC heralds a new era in secure global communication. (Image source: Adobe Stock)
Dr Bawumia advocates for responsible FinTech innovation in Africa. (Image source: Adobe Stock)
World Bank’s analysis reveals Djibouti’s digital economy potential and challenges, urging multi-sectoral collaboration for growth. (Image source: Adobe Stock)
Dr Reda Helal and group managing director – Processing, Africa and co-head group processing, Network International, and Benjamin Mutimura, CEO, I&M Bank (Rwanda) Plc. (Image source: Network International)
PAIX Data Centres partners with Djibouti Sovereign Fund to build a cutting-edge, neutral cloud and carrier data centre, enhancing East Africa's digital infrastructure. (Image source: Adobe Stock)
U.S. Embassy in Tanzania closes on May 14-15 due to a submarine cable cut affecting network services. (Image source: Adobe Stock)
East African internet outage due to SEACOM and EASSy cable faults, affecting Mayotte and Tanzania. (Image source: Adobe Stock)
Airtel Africa reports US$89mn loss due to tax bill, despite customer growth and data usage increase. (Image source: Airtel Africa)
Avanti and Q-KON partner to launch LEO satellite services in South Africa, enhancing connectivity and business resilience. (Image source: Avant Communications)
Angola Cables & Camtel unite for enhanced digital services across West Africa, bolstering connectivity & business prospects. (Image source: Adobe Stock)
Kaduna State seals telecom masts over $5.8bn tax debt, enforcing compliance amidst revenue targets. (Image source: Adobe Stock)
Demica, Afreximbank, Sterling Bank join forces to revolutionise supply chain finance in Nigeria. (Image source: Adobe Stock)
SES to acquire Intelsat in compelling transaction focused on the future. (Image source: SES)
Mauritian telco in talks for new undersea cable with Reliance Jio and Orange to link Africa, Indian Ocean, Asia. (Image source: Adobe Stock)
Nigeria to levy 0.5% on e-money transfers for cybersecurity. (Image source: Adobe Stock)
