Year 4 | Edition 19 | 28 May 2021 |
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Raxio has unveiled Uganda’s first state of the art Tier III carrier-neutral data centre at its site in the Kampala Industrial and Business Park (KIBP).
With this launch, Raxio is expected work towards supporting industries that are facing increasingly complex and unique IT and regulatory challenges by providing secure colocation space of up to 400 racks ready to house mission-critical IT infrastructure in a 24/7 redundant environment. The data centre brings the “metro edge” data centre model to Africa...
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Inertia and EFG Hermes’ NBFI subsidiaries - PayTabs Egypt and valU, the buy-now pay-later platform (BNPL), have entered into an arrangement that will allow Inertia’s clients to process payments online. This includes scheduled maintenance and unit reservation costs processed through PayTabs Egypt’s payment gateway.
Additionally, valU aims to provide ultimate affordability to Inertia’s clients with its home improvement financing proposition, where financing facilities extend to include...
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In the last decade, people have made more financial transactions than they ever did in the years before. With more income and expenditure comes the need to understand and manage one's finances better.
Budgeting, as a way to manage personal finances, has been around for many years, but its capacity to help the current crop of people who operate one to three bank accounts, along with other digital finance apps is limited. Getting a complete view of their finances would mean logging into each of these...
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Mastercard announced the appointment of Victor Ndlovu as Director, Country Business Development Lead for East Africa.
Victor is a seasoned business leader with close to three decades of solid experience in the fintech, banking, and payments industry. He joins Mastercard from South Africa’s fintech firm Ukheshe, where he spearheaded the fintech’s presence in Africa with deals at KCB Bank and Ecobank Pan Africa. n his new role, Victor is responsible for growing...
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Mastercard has announced a partnership with Telda, Egypt’s first of its kind payment app. This partnership is set to promote the country’s digital transformation and bring Egypt closer to its vision of becoming a digital economy, particularly benefiting new segments through an innovative consumer experience.
Mastercard will also enable Telda to issue prepaid cards to its customers and facilitate transactions through Mastercard’s payment processing services. The Telda App offers users...
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Nigeria’s mobile telecommunications operator, MTN, has announced a partnership with LaLiga, the men’s top professional football division of the Spanish football league system, currently one of the most popular leagues in football, featuring many of the most talented stars and household names in the world.
A highlight of the partnership, which also grants MTN the right to use LaLiga’s brand name in Nigeria, is the launch of “LaLiga Trivia Nigeria,” a digital content platform that provides MTN...
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Mondia Pay and M-Pesa have partnered to allow Tanzanians to conveniently access Mondia’s leading suite of online content on the Vodacom Tanzania PLC digital services network.
Africa is experiencing a fintech explosion, with digitalisation coming of age in many countries as connectivity and access to devices expand and the pressures of COVID-19 shift more consumers online. According to the GSMA, two-thirds of global mobile-money transactions are driven by sub-Saharan Africa...
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Safaricom has unveiled BAZE, a mobile-first, video-on-demand service that offers a wide selection of local and regional short form videos in comedy, drama, lifestyle, music, among others.
The service will be accessible via *544*55# or www.baze.co.ke, giving customers the convenience of accessing a vast collection of video content, including first-run exclusives, on their smartphones. “Our goal is to delight our customers by availing a carefully curated collection of video...
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Carrier-neutral data center infrastructure provider iColo has announced the construction of its third data center in Kenya to be located in Nyali, Mombasa. Called MBA2, the new data center is expected to be completed in Q1 of 2022 and set to provide an estimated capacity of 1.6MW megawatt and 1,200 square meters of IT space.
The expansion plans in East Africa are on track with this new facility which will host over 600 customer racks. The location of MBA2 is in close proximity to subsea cables landing points...
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Whenever I visit my parents’ house, I see their landline phone sitting in the corner of their kitchen counter. I usually pay it no attention but, every now and then, it reminds me of my childhood when even the ‘rich kids’ could only dream of this thing called a mobile phone.
There are now more than half a billion mobile phone users in Sub-Sahara African, and the term “leapfrogging” has become a natural part of our vocabulary – referring to the phenomenon of how the continent quickly skipped past the...
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Over the last decade, information technologies (IT) have revolutionized the way people and businesses carry out their daily activities worldwide.
There is abundant evidence that the upsurge of technology has been a major contributor to fundamental economic change, notably the growth in global production and the distribution of intangible goods and services. As a result, the digital economy has become the new focus for economic growth in developing countries. With ICT set to become the...
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Since it was first established in 2017, AURA’s vision has been to create an environment that recognises safety is so much more than a basic need – a right rather than a privilege. Emerging markets are stalling, in part, because far too many people lack access to basic resources.
The reality is innovation cannot thrive if people are worried about their next meal. The issue of safety applies in much the same way as creativity and human flourishing disappears if people are living in a perpetual state of fear and anxiety...
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Much has been written about the pandemic’s impact on business and its role as a once-in-a-generation catalyst for accelerated digital transformation.
Across the continent – in enterprises large and small, and in every industry – business leaders have had to adapt with great urgency to survive the immediate disruption and ensure the long-term viability of their businesses. Organisations that had already embarked on the journey toward becoming intelligent enterprises – those enterprises that seamlessly...
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Africa’s e-commerce market could grow by more than $14.5 billion between 2025-2030. This is according to an IFC report published this week.
The report found that this can be achieved by increasing the number of women selling on online platforms and by providing them with better training and financial support to help them match sales made by men. The report, Women, and e-commerce in Africa found that COVID-19 has accelerated the growth of e-commerce and digital entrepreneurship in Africa...
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