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Dimension Data Opens Johannesburg 1 Data Centre in South Africa
Business

Dimension Data Opens Johannesburg 1 Data Centre in South Africa

NTT, the parent company of Dimension Data, today formally opened its newest data center in Johannesburg. A tier three facility with a 12MW capacity and 6,000 square meters of IT space, the Johannesburg 1 Data Centre is a component of NTT’s commitment of up to €120 million (R1.
Oct 26, 2022 2 min read
Hisense H750FSB-smart IDS Fridge Launches in South Africa
Business

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
Oct 26, 2022 2 min read
Wireless Access Providers Association to Launch WiFi 7 by 2023
Business

Wireless Access Providers Association to Launch WiFi 7 by 2023

In 2023, the first wave of mobile devices—including smartphones, laptops, and tablets—that support WiFi 7 is anticipated to hit the South African market. Paul Colmer, a council member of the Wireless Access Providers Association (WAPA), made this statement while speaking with ITWeb yesterday at the WAPALOZA Conference 2022
Oct 26, 2022 2 min read
Fuzé To Grant Up To US$48,000 Equity Funding To Francophone African Startup, Application Now Open

Fuzé To Grant Up To US$48,000 Equity Funding To Francophone African Startup, Application Now Open

Fuzé an investment company powerd by Digital Africa is set to invest equity funding into early-stage startups functioning in Francophone African countries. Sources reveal that startup with these features can now apply for up to US$48,000. Supported by the french government, The Digital Africa Initiative is an organization
Oct 26, 2022 1 min read
How Fintech is Driving Financial Inclusion in Morocco
Financial Inclusion

How Fintech is Driving Financial Inclusion in Morocco

Africa is still considered a cash economy, with less than 10% of financial transactions performed electronically in 2021, per McKinsey report. This is because, despite having a population of approximately 1.3 billion people and a GDP of approximately $2.4 trillion, Africa still has a whopping 65 percent of
Oct 26, 2022 3 min read
To Fight Digital Fraud, Digital Payment Providers Partners With Banks In Uganda

To Fight Digital Fraud, Digital Payment Providers Partners With Banks In Uganda

In a bid to curb the growing activities of digital and financial fraud, the National Payment Systems Services Association has gone into partnership with the Uganda Bankers Association. Digital and financial fraud have become a threat to the growth of digital financial services and the financial sector. During a webinar
Oct 26, 2022 2 min read
AfriTECH 2.0: Outstanding Organisations, Individuals To Be Awarded

AfriTECH 2.0: Outstanding Organisations, Individuals To Be Awarded

Africa Tech Alliance Forum will be holding its second award event (AfriTECH 2.0) in Lagos Nigeria where honour will be conferred on organizations and individuals that have been outstanding in tech activities in Africa. The event with the theme: “Sustainability and The Company of the Future” is scheduled to
Oct 26, 2022 1 min read
Andela Opens Application For EPIC Tournament $10,000 At Stake

Andela Opens Application For EPIC Tournament $10,000 At Stake

A multinational marketplace for technical remote workers, Andela, has opened entry for its upcoming hackathon dubbed the EPIC Tournament which is in collaboration with HackerEarth. According to reports, the tournaments will see the participation of notable developers who will be grouped into teams to develop prototype solutions that should generate
Oct 26, 2022 2 min read
Flourish Ventures launches Madica, aims at investing $6 million in African pre-seed startups
Flourish Ventures

Flourish Ventures launches Madica, aims at investing $6 million in African pre-seed startups

Global Venture Capital Firm, Flourish Ventures has set up an investment program Madica to serve mission-driven and under-represented African pre-seed startup founders. The recently launched sector-agnostic program scheduled for a 3-year frame will back 25-30 African entrepreneurs and invest $200, 000 capital in each tech startup while providing mentorship and
Oct 26, 2022 2 min read
4 South African Podcasters Receive $100k Funding from Spotify Podcast Fund

4 South African Podcasters Receive $100k Funding from Spotify Podcast Fund

The Africa Podcast Fund from Spotify has given grants to four South African podcasters. The funding is reportedly available to a select group of African creators from South Africa, Nigeria, Kenya, and Ghana, which have the largest populations of podcast listeners. The $100k fund seeks to advance these podcasters’ careers
Oct 25, 2022 2 min read
Linda Mabhena-Olagunju of DLO Energy Resources Group in Top 10 of Choiseul 100 Africa Rating

Linda Mabhena-Olagunju of DLO Energy Resources Group in Top 10 of Choiseul 100 Africa Rating

Owner of DLO Energy Resources Group—the largest wind farm in South Africa, Linda Mabhena-Olagunju, was recently placed seventh out of 100 in the renowned Choiseul 100 Africa rating, making her the only South African on the list and one of four women in this ranking. She told ITWeb that
Oct 25, 2022 2 min read
BitOasis Partners with Mastercard to Roll out Crypto-Linked Cards across MENA
BitOasis

BitOasis Partners with Mastercard to Roll out Crypto-Linked Cards across MENA

BitOasis, a leading cryptocurrency platform in the Middle East and North Africa (MENA), and Mastercard have partnered to launch a series of crypto card programs in the region, facilitating day-to-day cryptocurrency usage at points of sale and across e-commerce platforms. Customers of BitOasis will be able to convert their cryptocurrency
Oct 25, 2022 2 min read
Africa’s Startup Funding Scene Looks to Rise in Q4 2022. The Ouut Highlight the Pull Factors
Africa startup funding

Africa’s Startup Funding Scene Looks to Rise in Q4 2022. The Ouut Highlight the Pull Factors

The amount of funding committed to a particular sector directly affect the development, quality, and services generated from the sector. Funding maximizes the benefits available for a sector or unit and transmits a signal that the founders are willing to grow. Whether these funds come as Seed Money –required to
Oct 25, 2022 3 min read
ACIH To Incubate 150 Startups In Kenya

ACIH To Incubate 150 Startups In Kenya

The Association of Countrywide Innovation Hubs(ACIH) has revealed its intentions to incubate 150 Kenyan startups in its new accelerator event which is to hold across ten regions in the East African countries. Targeted at sustaining innovators, the program will help them develop their ideas and translate them into effective
Oct 25, 2022 1 min read
54gene CEO Bows Out 2 Months after the Startup Sacked 30% of its Workforce
54gene

54gene CEO Bows Out 2 Months after the Startup Sacked 30% of its Workforce

54gene co-founder and CEO, Abasi Ene-Obong, has resigned as CEO of the US-based, African-focused health tech startup. Meanwhile, Teresia L. Bost, the company’s General Counsel, has been named interim CEO, according to an official statement from the three-year-old company. She will be supported by Chief Operating Officer, Delali Attipoe.
Oct 25, 2022 2 min read
Sawiris, Egyptian Billionaire to Invest $100M in Moroccan Tech Sector
Business

Sawiris, Egyptian Billionaire to Invest $100M in Moroccan Tech Sector

Egyptian billionaire, Naguib Sawiris, CEO of Egypt-based Orascom Investment Holding, has expressed his interest in investing $100 million in the Moroccan tech sector once the opportunity arises. The billionaire stated on the sidelines of the African Business Forum in Casablanca that his company “will be entering the Moroccan market” in
Oct 25, 2022 1 min read
Champ Alpha Services, A Soon-To-Launch Social Payment Platform

Champ Alpha Services, A Soon-To-Launch Social Payment Platform

It takes effort to actually manifest thoughts, it is likened to the proverb, “If wishes were horses even beggars will ride”. So many people walk the streets of Nairobi, Lagos, Kampala and many other cities, with the thoughts of starting up a business whether in tech or not, heck, some
Oct 25, 2022 3 min read
Afrihost to Launch Pure 5G Packages
Business

Afrihost to Launch Pure 5G Packages

The introduction of Pure 5G unlimited packages that will run on MTN’s 5G network has been announced by internet service provider, Afrihost. Three month-to-month options, each delivering up to 50Mbps, 100Mbps, or unconstrained speeds, will be offered at launch, according to Afrihost, which spoke with MyBroadband. Following are the
Oct 25, 2022 1 min read
Moroccan Chari, 4 Other Startups to Visit India to learn from the Indian Tech Ecosystem
Chari

Moroccan Chari, 4 Other Startups to Visit India to learn from the Indian Tech Ecosystem

The Moroccan Ministry of Digital Transition of Administrative Reforms and the Agency of Digital Development (ADD) have selected e-commerce platforms, Chari and myTindy, as well as SOWIT, NHS, and OCP Maintenance Solutions, to represent the North African country on a five-day trip to India from October 26th to 30th to
Oct 24, 2022 2 min read
Reasons The NCC Ordered 10% Reversal of Telcos Tariff Hike 
Airtel

Reasons The NCC Ordered 10% Reversal of Telcos Tariff Hike 

Following the complaints of subscribers, the Nigerian Communications Communications (NCC) in a statement rejected the 10% tariff hike in the prices of voice calls and data services of telecom operators in the country. Although, the move by these operators was in line with the mandate of the commission as provided
Oct 24, 2022 2 min read
NCC Issues Additional 5G Spectrum Licences at $273.6 Billion Each  
5G

NCC Issues Additional 5G Spectrum Licences at $273.6 Billion Each  

The Nigerian Communications Commission (NCC) has revealed its plan to auction two more fifth generation (5G) network licences at $273.6 billion each. This comes after its first issue of 5G network licences to winning bidders — MTN Nigeria and Mafab Communications Limited in December 2021. The offer includes remaining lots
Oct 24, 2022 1 min read
Microsoft Azure Partner Oracle for New Oracle Interconnect Multicloud in South Africa
Business

Microsoft Azure Partner Oracle for New Oracle Interconnect Multicloud in South Africa

To provide direct connectivity between the Oracle Cloud Johannesburg area and the Microsoft Azure South Africa North region, Oracle has announced the creation of a new Oracle Interconnect for Microsoft Azure site in Johannesburg, South Africa. Customers in Africa can now use the Oracle Database Service for Microsoft Azure thanks
Oct 24, 2022 2 min read
Juhayna Signs a Contract with KarmSolar to Establish a Hybrid Central Power Plant
Business

Juhayna Signs a Contract with KarmSolar to Establish a Hybrid Central Power Plant

Juhayna, Egypt’s foremost food, and beverages company has signed a second contract with KarmSolar to establish a hybrid central power plant at the Al-Enmaa farm in Abu Minqar, New Valley, to generate and sell energy using solar panels, diesel generators, and industrial batteries. This is part of both companies’
Oct 24, 2022 2 min read
Seqoon, Egyptian Prop-Tech Startup, Secures $500K Pre-seed
Banque Misr

Seqoon, Egyptian Prop-Tech Startup, Secures $500K Pre-seed

Seqoon, an Egyptian prop-tech startup facilitating estate co-ownership, has raised $500,000 in a pre-seed round through Banque Misr‘s pilot program to expand its team. Seqoon equally announced its launch in El Gouna as its first co-ownership destination. Several notable angel investors also participated in the round. The Banque
Oct 24, 2022 1 min read
KarmSolar, Egypt’s Clean Energy Tech Startup, Receives $2.4M to Scale up its Operation
KarmSolar

KarmSolar, Egypt’s Clean Energy Tech Startup, Receives $2.4M to Scale up its Operation

KarmSolar, Egyptian-based clean energy, and multi-utility tech startup has announced receiving $2.4 million in funding from Qatar National Bank ALAHLI (QNB ALAHLI) for the first financed solar Power Purchase Agreement (PPA) battery storage system in Egypt, with advisory led by Ezdaher Financial Advisory, an Egypt-based debt advisory firm. The
Oct 24, 2022 2 min read
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