Airtel reports losses of $89 million due to inflation
Airtel expressed concern about the Nigerian naira devaluation in June 2023 and earlier this year, as well as the Malawian kwacha devaluation in November 2023.
Emeka Ekonkwo
1:30
Zimbabwe adjusts payment systems to align with new currency
The Southern African country introduced a new gold-backed currency called ZiG - Zimbabwe Gold – its latest attempt to stabilise the economy.
1:30
Workday makes play for SA market with Skills Cloud
The Skill Cloud's debut is part of the company's efforts to nurture talent and grow critical abilities in the country.
1:50
CREST endorses the ‘Accra Call’ for cyber resilient development
The initiative intends to spur global action towards enhanced cyber resilience and capacity building that promotes broader development goals.
1:30
Ethiopian fintechs, bank partner to offer digital lending service
This new collaboration with Ezra illustrates both firms' shared commitment to offering inclusive services that benefit financially underserved areas, says the companies.
1:50
Grant funding round for SA start-ups launched
The fund provides pre-revenue support enabling start-ups to explore their concept, create prototypes and test solutions.
1:40
Nigeria's e-commerce market expands
Analysts predict that assuming an average annual growth rate of 11.7% over the next four years would result in a market volume of $14,1 billion by the end of 2027.
2:40
Telecom Egypt, ICANN activate Africa’s second managed root server
The new installation is housed in Telecom Egypt's Regional Data Hub, the company's largest international, Tier III data centre.
3:00
Workday plans certifications, skills development in SA
The company is targeting universities as a way to develop fresh talent with Workday certifications in South Africa.
1:40
Africa continues to be popular target for cyber criminals
In Q3 2023, South Africa accounts for 28% of attacks on IoT devices that were detected in Africa. Kenya accounts for 12% of attacks on IoT devices, and Nigeria – for 6%.
2:20
Germany commits to invest 4 billion euros in Africa’s green energy
German chancellor Olaf Scholz made the announcement this week during a press conference in Berlin as part of the G20 Compact with Africa.
1:40
Network International appoints Africa Merchant unit head
Mpho Sadiki brings to Network a remarkable record as a seasoned fintech professional with over 15 years of executive management experience.