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Business

AfCFTA Secretary General to Deliver Keynote Address at 12th Africa Fintech Summit in Nairobi

AMA PRESS RELEASE With a little over two weeks to the start of the 12th Africa Fintech Summit, we are excited to announce that His Excellency Wamkele Mene Secretary-General of the African Continental Free Trade Area (AfCFTA) Secretariat, will give a keynote address on the morning of September 05, 2024, at the 12th Africa Fintech […]

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Financial

MTN Group Laments Naira Devaluation, Inflation Impact on Revenue as EBITDA Drops by 41.2% 

MTN Group, Africa’s biggest mobile operator, said the decline in value of the Nigeria naira and inflation were its biggest undoing in the West African country. The African also said that it recorded huge losses in the first half (H1) of 2024 adding that it faced challenges in its Nigerian operations, the mobile operator’s biggest […]

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Business

Africa’s B2B e-commerce Firm, Sabi Appoints Sanjeev Kulkarni as Head of Sustainability & ESG

Sabi, an  African B2B e-commerce connecting African markets with each other and the world, today announced the appointment of Mr. Sanjeev Kulkarni as the Head of Sustainability and Environmental, Social, and Governance (ESG). This strategic move underscores Sabi’s commitment to sustainability, traceability, and digital innovation in its commercial operations. Ultimately, the goal of Sabi’s ESG […]

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Business

TD Africa Partners ZTE to Offer Nigerian Consumers Diverse Affordable Devices 

TD Africa is set to redefine and further strengthen the Nigerian mobile phone ecosystem as it partners ZTE Corporation on its smartphone range. This recent strategic partnership ushers in a new era of mobile availability to the Nigerian mobile consumers, offering a diverse range of devices that combine affordability, performance, and innovation to cater for […]

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Business

Konga Back-To-School Campaign Goes Live Today

As the Nigerian educational sector braces for another academic session, Konga, Nigeria’s composite e-commerce giant, reaffirms its commitment to improving education in Nigeria as it kicks off its much-anticipated Back-to-School campaign today. Running until Friday, September 30th, 2024, the campaign promises to deliver unbeatable deals and discounts of up to 80% on a wide array […]

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AI & Computing

NETSCOUT  Harps on Quest for High-Quality AI-Ready Data to Train AI Models and Power AIOps 

NETSCOUT SYSTEMS, INC. provider of performance management, cybersecurity, and DDoS attack protection solutions, has announced a new initiative designed to deliver the valued data needed to secure better outcomes from artificial intelligence (AI) and AIOps solutions. As enterprises increase observability for AIOps, they require high-fidelity, enriched, and curated data mapped to their unique requirements. NETSCOUT is working across […]

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Business

SAP, Business Leaders to Discourse Innovation Potential for East Africa

AMA PRESS RELEASE Business leaders, technology partners and SAP experts met this week to discuss the role and potential of innovation to power East Africa’s economic development and growth. Hardeep Sound, Regional Sales Director: Emerging Africa at SAP, noted that organisations throughout the region are investing in business transformation and technology for greater efficiency and […]

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Business

Delaying Crude Supply to Dangote Refinery Spells Danger for Nigeria, Says EUI Report

The Economist Intelligence Unit has issued a warning that further delays in crude oil feedstock to the Dangote Petroleum Refinery and Petrochemicals could jeopardise Nigeria’s economic recovery and put additional pressure on the naira. The research and analysis division of the Economist Group said the Dangote refinery which began production in January has encountered setbacks […]

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Business

GTB Blocks Attempted Domain Compromise, Assures Customers of Fund safety

One of Nigeria’s financial houses GTBank has refuted claims that its website was not cloned but undergoing what it described as an “isolated incident of an attempt to compromise” the bank’s domain. The bank’s website has been down since Wednesday night and inaccessible to customers, prompting fears of a data compromise. But in a statement […]

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Financial

In South Africa, MVNO Tackles Mobile Operators Introducing Non-Expiry Data, Voice Plan

While the Nigerian telecoms industry awaits take-off playing by the Mobile Virtual Network Operators (MVNO), in South Africa a recently licensed MVNO,  C-Connect, is looking to shake-up the market with cost-effective offerings by introducing non-expiring data and voice plans.. During the launch in Johannesburg yesterday, the company said it aims to differentiate itself from competitors […]

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