Year 4 | Edition 60 | 15 October 2021
 

Volante Technologies and MDSL partner to modernize payments in Egypt

Volante Technologies, the global player in cloud payments and financial messaging, has announced a partnership with MDSL, a specialist in the integration of turnkey banking solutions in the Middle East, to enhance and automate banking payments in Egypt.

The partnership has already seen its first success, having signed a contract with a major Egyptian bank. Volante will provide payments solutions and related onboarding and set-up services while MDSL, an ITG company, will help with the...

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Djibouti Telecom begins construction of New Cable Landing Station

To meet the ever-growing demand and network resiliency requirements, Djibouti Telecom has started the construction of a New Cable Landing Station in Djibouti City.

Due to be completed in April 2022 the new Cable Landing Station will be a neutral digital port which will provide an open access cable landing service to submarine cable operators for a neutral, safe and secure landing in Djibouti City. The new state-of-the-art building will consist of 3 floors with each floor having a 250 square meter equipment room designed with...

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Orange inaugurates fifth digital center in Africa and the Middle East

Orange and the German Development Cooperation are inaugurating an Orange Digital Center in Abidjan, an ecosystem entirely dedicated to the development of digital skills and innovation.

Spread over 1200 sq.m for Côte d’Ivoire, the Orange Digital Center brings together the four strategic programs of the Orange group, namely: a coding school Orange Digital Academy, a FabLab Solidaire – part of the Orange Foundation's digital manufacturing spaces–, an Orange Fab startup...

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Orange Cameroon, German Development Cooperation inaugurate sixth digital center in Africa and the Middle East

Orange and the German Development Cooperation are inaugurating, an Orange Digital Center in Douala, an ecosystem entirely dedicated to the development of digital skills and innovation in Cameroon. 

Following on from Tunisia, Senegal, Ethiopia, Mali and Côte d’Ivoire, it is in Cameroon, in Douala that the first Orange Digital Center of Central Africa is inaugurated. Spread over 600 sq.m, the Orange Digital Center brings together the four strategic programs of the Orange group, namely: a coding...

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[South Africa] Oracle To Build Its First African Data Centre In Joburg

Oracle has announced plans to expand its cloud region footprint to support strong customer demand for Oracle Cloud services worldwide.

Over the next year, Oracle will open 14 cloud regions with new locations across Europe, the Middle East, Asia Pacific, and Latin America. Upcoming cloud regions include Milan (Italy), Stockholm (Sweden), Marseille (France), Spain, Singapore (Singapore), Johannesburg (South Africa), Jerusalem (Israel), Mexico, and Colombia. Additional second regions will open in...

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Alaa Bawab appointed Lenovo General Manager for Middle East and Africa

Lenovo has announced the appointment of Alaa Bawab as the new General Manager for Middle East & Africa (MEA) within Lenovo Infrastructure Solutions Group (ISG).

As the head of Lenovo’s ISG for the region, Alaa will be responsible for developing the business vision and strategy and overseeing execution and delivery on sales plans. He will also focus on building high level relationships with Lenovo’s customers and partners in the region. Alaa is well known in the region as a strong business leader, having over 25 years...

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[South Africa] Google Cloud and Cybereason Join Forces to Drive XDR Innovation

Cybereason, a leader in operation-centric cyber attack protection, and Google Cloud have announced a joint collaboration between the two companies to create and bring to market unprecedented Extended Detection and Response (XDR) across endpoints, networks, cloud and workspaces at record-setting speed.

Cybereason delivers the most comprehensive protection available on the market today, analysing more than 23 trillion security-related events per week - five times the volume of...

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African fintech startup Payday raises $1m pre-seed to build Africa’s PayPal

Payday, a Pan-African financial technology company has raised one million dollars to build out what they believe will be the “PayPal” for Africa.

The startup was founded in 2021 by Nigeria's Favour Ori and kicked off its beta test in June 2021 with a cold launch in July. Within three weeks of launch, Payday successfully processed over $1.4 million in transactions. Several investors have backed the company mission to build Africa's PayPal, including LoftyInc Capital, Microtraction, Magic Fund, Ventures...

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Adanian Labs partners with EMURGO Africa to scale blockchain startups in Africa

Adanian Labs, a pan African venture studio has announced its partnership with EMURGO, the official investment arm of Cardano, blockchain to scale tech startups in Africa and grow the Cardano ecosystem.

EMURGO has invested a 7x figure undisclosed amount as a seed investment to Adanian Labs through its newly launched EMURGO Africa investment entity. This investment is focused on achieving one of the goals of Cardano which is to bring financial and educational empowerment via its blockchain...

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[Column] Ian Lessem: The rise of African tech unicorns

African unicorns have made big news in recent months, with four startups having recently reached a $1 billion valuation or more this year alone, taking the total up to seven. Two of the new entrants are in fintech, one in edtech, and one in general technology.

These and other technology-enabled sectors are where emerging market investors are betting a flurry of new African unicorns will follow suit in the near future. Unicorns are privately held, fast-growing startups with a valuation equal...

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[Column] Ryan Mer: How social engineering exploits business vulnerabilities

With the growing number of online transactions taking place each day comes a marked rise in cyber-attacks and security events. According to Ryan Mer, Managing Director, eftsure Africa, a Know Your Payee™ (KYP) platform provider, fraudsters are constantly finding new ways to exploit vulnerabilities and attack corporate payment systems.

“Many scams, hacks and security breaches begin with social engineering, a term used to describe the act of convincing someone to divulge information that they shouldn’t share or...

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[Column] Bridgette Vermaak: Data compliance for healthcare

Patient data is essential in healthcare, especially when managing an individual’s care. Safeguards governing the processing and storage of patient data are required and will be bolstered by the introduction of the Protection of Personal Information Act, No 4 of 2012 (PoPIA).

Since this law came into effect on 1 July 2021, all private and public bodies processing personal information are now required to have implemented policies and procedures in order to be compliant. Xperien ITAD specialist Bridgette Vermaak...

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[Column] Mark Dankworth: Africa leads the way in mobile money, will change banking as we know it

Mobile transacting is fast becoming the golden egg of financial services – and nowhere more so than in Africa.

According to the Global System for Mobile Communications’ (GSMA) 2021 State of the Industry Report on Mobile Money, the number of registered mobile money accounts grew by 12.7% globally in 2021 to 1.21 billion accounts – double the forecasted growth rate. Sub-Saharan Africa makes up the biggest slice of this pie on all fronts – number of accounts (548 million of the 1.2 billion accounts)...

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[Column] Jaco du Plooy: Creating sustainable data centres through energy-efficient solutions

With the large-scale migration of business data and IT services to the cloud – particularly in light of the global pandemic driving a 35 percent increase in online traffic – there has been a notable rise in global data centre construction.

However, while data centres remain the backbone of the internet and cloud-computing processes, they are also some of the world’s greatest energy guzzlers. The cooling systems that data centres use to maintain a temperature-controlled environment and prevent servers from overheating, for...

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[Africa Tech Review] Duncan Mochama: Oracle to build its first African data centre in Joburg

Global software giant Oracle this week announced that it has chosen Johannesburg as the site of its first African data centre. Joburg will be among the 14 locations across Europe, the Middle East, Asia Pacific, and Latin America that the company says it plans to open cloud regions to support strong customer demand for Oracle Cloud services. 

Nearly four months after the launch of its Tier III facility at Appolonia City, Accra, Ghana, MDXi, a MainOne company, also this week announced the expansion of its data center...

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News Headlines

03-12-2021 | 09:32:50
Africa Data Centres selects DPT to provide renewable energy for its data centres in South Africa
Africa Data Centres has selected Distributed Power Technologies (DPT) to provide renewable energy and storage solutions for its data centres across South Africa.


03-12-2021 | 07:30:00
Mastercard Foundation and Light For The World Launch online platform for persons with disabilities
Light for the World Uganda, in partnership with the Mastercard Foundation Scholars Program, launched an online platform, Cap-Able, which will enable higher education institutions, primarily Scholars Program Partner Universities, to become more disability inclusive.


02-12-2021 | 13:13:00
[Africa Tech Review] Duncan Mochama: Africa Data Centres unveils 10MW data centre in Lagos, Nigeria
On Monday, Africa Data Centres officially opened its new 10MW data centre facility in Lagos, Nigeria. The new facility, the company says, will pave the way for Africa Data Centres hyperscale customers to deploy digitisation solutions to West Africa


02-12-2021 | 10:31:29
Kenyan team wins regional IBM award for developing solution to help reduce food waste
IBM and David Clark Cause have announced Mavuno Link as the Middle East and Africa Regional Winner of the 2021 Call for Code Global Challenge.


02-12-2021 | 10:20:00
Kaspersky reports on next-level gamechangers in ransomware distribution and monetisation in South Africa, Kenya and Nigeria
Nigeria saw an unexpected 40% decrease in cyber threats with South Africa and Kenya seeing a growth in the attacks of 23% and 6,9% respectively


02-12-2021 | 10:10:00
Liquid Intelligent Technologies launches Microsoft Teams Essential platform for SMEs in Africa
Liquid Intelligent Technologies has announced that it's the launch partner for the new Microsoft Teams Essential offering platform targeting small, medium and micro-enterprises across the continent.


02-12-2021 | 08:03:13
[Tanzania] Tech Mahindra partners with TANESCO to drive digital transformation and improve efficiency
Tech Mahindra, a provider of digital transformation, consulting and business re-engineering services & solutions, has partnered with Tanzania Electric Supply Company Ltd. (TANESCO) for one of the biggest Utility Transformation deals.


02-12-2021 | 07:07:00
[Column] Gilbert Lungu: How seamless payment experiences make retail brands more valuable and relevant
As established brands in the retail sector aggressively compete to acquire, cultivate, and defend their share of the Zambian consumer’s spend, those that connect, engage, and transact in the most unified and frictionless ways will be best positioned.


02-12-2021 | 06:05:00
South African proptech firm e4 expands to the UK
After 21 successful years in the South African PropTech industry, digitalisation specialist e4 is expanding into European markets.


02-12-2021 | 05:56:00
[Kenya] Jumia launches electric bicycles for deliveries
Jumia Kenya has partnered with eBee Africa to launch a fleet of electric bicycles, to amplify Jumia’s logistics capacity for delivery.


02-12-2021 | 05:45:00
Mastercard and Meta join forces to support digitization of SMEs in MEA
The two plan to organize a training webinar that will provide SMEs insights from industry experts, and a masterclass on how to manage uncertainty from renowned author and academic Nathan Furr, Associate Professor of Strategy at INSEAD.


02-12-2021 | 05:40:00
[Kenya] 4G Capital partners with CGAP to develop financial stress early warning system
Financial technology credit provider, 4G Capital has developed a new tool that identifies financial stress and helps protect low-income consumers against over-indebtedness.


01-12-2021 | 11:00:00
UNICEF and Liquid Intelligent Technologies launch partnership to help Giga bridge the digital divide in Africa
UNICEF and Liquid Intelligent Technologies, a business of Cassava Technologies, a pan-African technology group, announced a partnership in support of Giga’s work to connect every school to the Internet and every young person to information, opportunity, and choice.


01-12-2021 | 08:26:21
Huawei and UNESCO to implement project in Africa for digital education systems
UNESCO and Huawei announced the launch of the implementations phase of the Technology-Enabled Open Schools for All (TeOSS) project in Ghana, Ethiopia, and Egypt.


01-12-2021 | 07:06:07
South African tech company e4 announces international expansion to the UK
As one of the pioneers of property digitalisation, in South Africa e4 has established a significant client base including major South African lenders and law firms and has identified a similar opportunity in the UK market.


 


 
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