Joel Nwankwo - (Page 11)

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Joel Nwankwo

Writer, TECHist and Data analyst.

Paratus to Build OneWeb Gateway in Angola for LEO Satellite Services

Paratus to Build OneWeb Gateway in Angola for LEO Satellite Services

A gateway will be built in Luanda, Angola, by the Paratus Group and OneWeb as part of a multi-year arrangement that will go into effect in the second half of 2023. The gateway, which is the first of several planned for Africa, will reportedly offer low Earth orbit (LEO) satellite

MTN Edges Closer to Disposing Afghan business for$35M

MTN Edges Closer to Disposing Afghan business for$35M

Africa’s largest mobile operator, MTN, is selling its Afghanistan operations to M1 New Ventures of Lebanon for $35 million (R637 million). The telco revealed this today when it released its financial results for the third quarter that ended on September 30, which finished the quarter. “As part of an

South African National Space Agency Inaugurates Space Weather Center

South African National Space Agency Inaugurates Space Weather Center

The South African National Space Agency (SANSA) and the Department of Science and Innovation (DSI) contributed more than $5M (R100 million) towards the creation of the country’s recently inaugurated space weather center. According to the DSI, launching the center is a key component of a larger plan to put

Cross-Border Payments, CR2 Announce Partners with Thunes

Cross-Border Payments, CR2 Announce Partners with Thunes

Global B2B payments company, Thunes has teamed with CR2, a market leader in the digital banking and payments space. Through this partnership, CR2 clients may easily send money to more than 130 nations, enhancing the platform’s ability to process payments internationally. Cross-border payments have historically been expensive for both

University of Pretoria Launches Digital Lab to Develop Tech Savvy Students

University of Pretoria Launches Digital Lab to Develop Tech Savvy Students

The Digital Capability Laboratory, created by the University of Pretoria (UP), has launched to give students there “future-fit” digital skills. The university claims that the employability-focused lab, which is situated on UP’s Hatfield campus, would equip students with the necessary skill set to enable them to flourish and adapt

Ilitha Telecommunications Launches to Provide Internet Service in South Africa

Ilitha Telecommunications Launches to Provide Internet Service in South Africa

The former CEO of South African Airways and head of Vodacom Business, Vuyani Jarana, has launched Ilitha Telecommunications, providing accessible internet in underserved areas. It is supported by two development finance organizations and Microsoft. Its co-founder Jarana announced the company has funding backing from the Industrial Development Corporation and Development

City Power to Provide 15000 Solar Water Geysers to Low-income Homes in Johannesburg

City Power to Provide 15000 Solar Water Geysers to Low-income Homes in Johannesburg

In an effort to provide 15000 solar water geysers to low-income homes in Johannesburg, City Power is embracing green energy and collaborating with the Department of Mineral Resources and Energy (DMRE). By working together, the DMRE will provide the city with the initial batch of 15,000 solar water geysers

Teraco Completes New JB4 Data Center in Johannesburg

Teraco Completes New JB4 Data Center in Johannesburg

Data center operator, Teraco, which is owned by Digital Realty, announced on Wednesday that the first phase of JB4, the most recent addition to its “hyperscale” facility at Bredell on Johannesburg’s East Rand, has been completed. 30 000 sq/m of building structure, 8 000/sq m of data

Sanlam’s Partnership with MTN’s aYo Holdings Receives Approval from Regulatory Authorities

Sanlam’s Partnership with MTN’s aYo Holdings Receives Approval from Regulatory Authorities

Regulatory authorities have approved the partnership between Sanlam and aYo Holdings, the insurtech platform owned by MTN Group. This opens the door for the two companies to create and expand digital insurance and investment solutions. Today, MTN declared that the strategic alliance has accomplished a major milestone by satisfying the

Pick n Pay to Adopt Cryptocurrency Payment at all its Grocery Stores

Pick n Pay to Adopt Cryptocurrency Payment at all its Grocery Stores

Pick & Pay is expanding its cryptocurrency offering, enabling customers to use cryptocurrencies to pay for groceries at 39 of its locations countrywide. The retailer has been experimenting with cryptocurrency payments for a number of years. It stated in a statement on Tuesday that it intended to introduce the cryptocurrency

Tymebank Gets Green Light to Buy Retail Capital

Tymebank Gets Green Light to Buy Retail Capital

The Competition Tribunal announced yesterday that it had unanimously cleared TymeBank’s acquisition of fintech SME funder, Retail Capital, in order to strengthen its business banking capabilities. TymeBank, which is owned by African Rainbow Capital (ARC), announced in August that it has struck an agreement with Retail Capital and its

Twitter to Lay Off 25% Of Workforce in First Round of Job Cuts

Twitter to Lay Off 25% Of Workforce in First Round of Job Cuts

In its initial round of layoffs, Twitter intends to let go of 25% of its workers. The social networking platform currently employs about 7,000 people, with just under 2,000 people making up 25% of the workforce. After the $44 billion takeover was completed, Elon Musk sacked key executives

Eskom to Deploy Renewable Energy to Aid in South Africa’s Power Crisis

Eskom to Deploy Renewable Energy to Aid in South Africa’s Power Crisis

Renewable energy projects are at the core of the efforts being made by struggling power company Eskom to boost capacity and fill the gap in South Africa’s electricity supply. The troubled state-owned corporation (SOC) stated last week that it is concentrating on putting all of its projects into action

iKhokha Wins International Innovation Award for its iK Tap on Phone Innovation

iKhokha Wins International Innovation Award for its iK Tap on Phone Innovation

Top honors were awarded to the Durban-based fintech business iKhokha at the Dubai-based Mastercard EMEA EDGE Conference. iKhokha received recognition for its most recent product, iK Tap on Phone, and its effects on SMEs all around South Africa by winning the prestigious Accelerating Digital Acceptance in Africa award. According to

The Ouut Spotlights Startups Improving the Saving Culture of Africans

The Ouut Spotlights Startups Improving the Saving Culture of Africans

Becoming financially responsible is a goal people all over the world struggle with. Whether they belong to the informal class, earning very little to carter for their needs or the formal class earning enough to be financially spontaneous. While traditional banks have lacked the depth needed to curb the temptations

Omnisient Receives Minority Investment from Shoprite

Omnisient Receives Minority Investment from Shoprite

South African giant retail group, Shoprite, has made a small investment in Omnisient, a software startup in South Africa. The store participated in an unknown expansion round of funding for Omnisient, which was led by Buffet Investments and KLT, according to a statement. The investment, which is a part of

Telkom Launches 5G Network in Various South African Townships

Telkom Launches 5G Network in Various South African Townships

Telkom has today announced the launch of its 5G network, and will use the network, at least at first, to provide fixed-wireless Internet. The development sees Telkom become the fourth network operator in South Africa to launch 5G services — after Rain, MTN and Vodacom. The announcement was made during an

DashPay Launches Glass App to Provide Contactless Payments for SMEs

Contactless Payment

DashPay Launches Glass App to Provide Contactless Payments for SMEs

Dashpay, a provider of merchant solutions, has unveiled Glass, an app-based payment acceptance system that can be utilized by businesses all across the nation. Any merchant may accept contactless card payments through Glass App using any compatible NFC-enabled Android mobile device, according to Dashpay, a part of Capital Appreciation. Dashpay

EOH Looks to Raise $33m as it Returns to Profitability

EOH Looks to Raise $33m as it Returns to Profitability

Technology services company, EOH, which is listed on the SE, has announced it returned to profitability in fiscal year 2022. The company also stated it plans to raise up to $33M (R600 million) to pay off most of its bridge facility. Lebashe Investment Group, the group’s strategic partner, will

South African Cryptocurrency Startup, Luno, Announce Partnership with Vodacom Bulls

South African Cryptocurrency Startup, Luno, Announce Partnership with Vodacom Bulls

Popular South African cryptocurrency app, Luno, has signed a three-year sponsorship agreement with the Vodacom Bulls. The partnership offers the team cryptocurrency performance incentives, which is a first for rugby in this nation. As the first team sponsorship by a crypto company in South Africa, the Vodacom Bulls are being

POTRAZ Approves 61% Telecoms Tariff Increase in Zimbabwe

POTRAZ Approves 61% Telecoms Tariff Increase in Zimbabwe

After the telecoms authority approved a data pricing hike of up to 61% from November 2022, telecom service providers in Zimbabwe increased their tariffs. The local currency has been harmed by the price increase and is currently unstable. On October 14, Telecontract (Telco) subscribers received notice of the hike from

Project Isizwe Partners VulaCoin to Monetize Township WiFi

Project Isizwe Partners VulaCoin to Monetize Township WiFi

In an ambitious effort to promote the adoption of internet on a pay-as-you-go basis in South African townships, Project Isizwe has partnered with fintech startup VulaCoin. They claim that the need for township connectivity is growing, and they are pleading with internet service providers (ISPs) to adopt flexible payment options

Hisense H750FSB-smart IDS Fridge Launches in South Africa

Hisense H750FSB-smart IDS Fridge Launches in South Africa

In South Africa, Hisense is introducing a brand-new, high-end smart refrigerator with outstanding features. The Hisense H750FSB-smart IDS offers everything from meal planning to entertainment through its robust interface and sizable display. The H750FSB-IDS Product Reveal by Hisense will debut at House & Home in Pretoria’s Menlyn Mall. This