Mastercard, a technology leader in the global payments industry, and its strategic partner, Network International, the leading enabler of digital commerce in the Middle East and Africa (MEA) region, have collaborated to launch a new digital platform which will accelerate the adoption of digital payments across the Middle East and…
Author: Oluwasegun Olukotun
Telstra, in collaboration with Ericsson and Qualcomm Technologies, Inc. has successfully completed a new 5G maximum download speed record on a commercial network of 5Gbps for a single user. The 5G NR data call was performed at the 5G Innovation Centre on the Gold Coast using the commercial production network. This…
Samsung Electronics Co. Ltd. announced its latest 5G advancement with the recent rollout of the company’s vRAN 2.0 solutions, the first fully virtualized commercial 5G RAN delivered end-to-end from a single vendor. This will help create more programmable networks that dynamically and efficiently provide the appropriate network resources to customers…
54gene has unveiled its new lab in Lagos State, Nigeria, capable of human whole genome sequencing and a variety of other scientific investigations. Hosting a suite of world-class molecular genomics capabilities, including the Illumina Novaseq 6000 and NextSeq 550Dx the lab is part of 54gene’s mission to enable Africans to…
The African Development Bank (AfDB) (AfDB.org) and the European Investment Bank (EIB) today signed a joint partnership action plan highlighting their strengthened cooperation and mutual development priorities and a strong shared emphasis on boosting public and private sector investment in Africa. The Joint Action Plan enables both institutions to grow…
Wari (Wari.com), a global platform offering digital financial services, is partnering with Lycaremit to strengthen its global network; Lycaremit users will benefit from Wari’s highly secure network to access low-cost fund transfers across 30 African countries, Europe, Russia, and the Middle East; Services will be available online immediately, via WhatsApp…
African messaging app, ayoba has reiterated its focus on protecting their users’ privacy and security. In the past few days, the global community has spoken, and it’s clear that these are critical issues. Across the world, users have taken to social media to express their opinions, and ayoba is listening. The company…
GSK and Novartis (Novartis.com) today announced the launch of a collaboration to support high-quality scientific research investigating the link between genetic diversity across different regions in Africa and its potential impact on response to drug therapeutics. The Project Africa Genomic Research Approach for Diversity and Optimising Therapeutics (GRADIENT), with a…
uLesson, the African learning technology platform, has closed a $7.5mn Series A round led by Owl Ventures, with inclusion from existing investors, TLcom Capital and Founder Collective and participation from new investor LocalGlobe. Tory Patterson, Managing Director of Owl Ventures, joins the uLesson board, further strengthening the education startup’s push…
The Trump administration has clamped down on Huawei’s US suppliers including Intel with restrictions few days before Joe Biden’s presidential inauguration. The administration will also reject many applications to supply the Chinese telecom as well. The US Department of Commerce’s Bureau of Industry and Security Entity added Huawei to its…
The Ellen Johnson Sirleaf Presidential Center for Women and Development (EJS Center) has announced the second cohort of accomplished African women to join its flagship program, the Amujae Initiative. The center was founded in 2018 to be a catalyst for political and social change across Africa by helping unleash its…
Orange is partnering with Côte Ouest Audiovisuel to supply network access and content delivery services in West Africa using its Media Delivery Boost (MDB) solution. This deal introduces a new value proposition that facilitates TV and Over-The-Top (OTT) content delivery using the Orange CDN. This means that, as a new…
Verdant Capital has been crowned the Independent Advisory Firm of the year. Africa Global Funds, the leading industry journal covering private equity and other asset classes across Africa, awarded this accolade to Verdant Capital in recognition of the firm’s major transaction volumes in 2020 across M&A and private credit and…
East African venture advisory firm, Kinyungu Ventures has published a white paperChasing Outliers: Why Context Matters for Early Stage Investing in Africa that has foundthat there continues to be a wide misalignment between traditional venture capital models and the African market. The team behind the report is now calling for…
NBS Bank, a leading commercial bank in Malawi, launches its state of the art e-commerce platform, powered by Network International (Network.ae), the leading enabler of digital commerce across Africa and the Middle East. The implementation of Network International’s N-Genius Online payment gateway will enable NBS Bank to offer Malawian small…
Qualcomm Technologies, Inc. announced that its latest flagship Qualcomm Snapdragon 888 5G Mobile Platform is powering Samsung Electronics Co., Ltd.’s latest and most cutting-edge smartphones, the Samsung Galaxy S21 series (S21, S21+, and S21 Ultra), for select regions. Snapdragon 888 packs industry-leading mobile innovations in 5G, artificial intelligence (AI), gaming,…
atingi the digital learning platform of The German Federal Ministry for Economic Cooperation and Development (BMZ) has exceeded expectations in its first year. Within twelve months, atingi has reached almost a million people in Africa and already enabled 100,000 of them to access vocational education and self-development courses for free.…
The World Bank has revealed plans to invest over $5 billion over the next five years to help restore degraded landscapes, improve agriculture productivity, and promote livelihoods across 11 African countries on a swathe of land stretching from Senegal to Djibouti. World Bank Group President David Malpass announced the investment…
Pfizer (Pfizer.com) on Monday announced the appointment of Patrick van der Loo as Regional President for Africa and the Middle East (AfME) region. Patrick’s Pfizer experience spans more than 20 years in leadership roles with multiple successes across geographies. In his new role as Regional President for AfME, Patrick will lead…
TradeDepot, the B2B eCommerce platform for consumer goods in Africa, has today released new insights from its market data that highlights the trends that will shape Nigeria’s retail sector in 2021. According to TradeDepot, the impact of the pandemic, rising inflation, border closures and other issues drove significant changes in…