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Business

Africa’s Energy Industry Needs Repositioning for Continent’s Survival, Says Seplat CEO

Africa should reposition the energy industry for the future and become much more efficient with its energy resources, the Chief Executive Officer, Seplat Energy Plc, Mr. Roger Brown has said. He urged African countries to accept the fact that energy has a key role to play in the future of the continent, and the integration […]

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Business

Fintech Company, PalmPay Clinches Multiple Laurels at Nigerian Marketing Awards

PalmPay a Africa-focused fintech platform committed to driving economic empowerment in Africa through its secure, user-friendly, and inclusive suite of financial services, has won the multply awards at the Nigerian Marketing Awards. PalmPay brings top-tier products into the pockets of everyday Nigerians, and offers money transfers, bill payments, credit services, and savings on its app […]

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FinTech

USA Base Fintech, Nairagram Wins Pan-Finance Best Remittance Solutions Award

A US based Fintech company headquartered in Atlanta, Georgia, Nairagram, has been announced as winner of the coveted Pan-Finance award as Best Remittance Solutions for Africans in the diaspora. Nairagram is a digital payments company focused on facilitating payments in, out and within Africa. The company currently powers bank account, mobile money and cash pick-up […]

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Software

Firms Need Resilience Solutions to Tackle Risks of Cyber-Attacks, Says inq.Digital CEO

inq.Digital Nigeria, a solutions provider said organisations in Nigeria need cybersecurity solutions to reduce cyber risks and attacks. The company revealed that it is in partnership with some cybersecurity providers such as Sophos to enable them to deliver their cybersecurity solutions to their customers. Managing Director/Chief Executive Officer of inq.Digital Nigeria, Mr. Ifeanyi Akosionu Nigeria, […]

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Business

Dangote Group Harps on Youth Unemployment Eradication as Priority

Dangote Group’s Executive Director, Commercial Operations, Hajia Fatima Aliko-Dangote, has reiterated the company’s determination to eradicate the high youth unemployment in the country. She said, it is only when youths are positively engaged, that the high insecurity problems in the country will fade away. Fatima, who made this disclosure at the just concluded Lagos International […]

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Business

Teraco Flags-Off CT2 Expansion, Increasing Critical IT Load to 50MW

Teraco, a Digital Realty Company, Africa’s largest interconnection hub and vendor-neutral data centre provider, has announced a 30 megawatt (MW) expansion of its CT2 hyperscale data centre facility in Brackenfell, Cape Town, South Africa. The expansion is scheduled for completion in early 2025 and will incorporate the latest environmentally sustainable cooling and water management designs. […]

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Business

Operators to Lose $3bn in SMS Business Messaging Revenue to OTT Messaging Channels Over Next Five Years

The OTT business messaging traffic will reach 375 billion messages in 2028; rising from 100 billion messages in 2023. According to latest report Juniper Research, diminishing quality of SMS networks will drive enterprises using mobile business messaging to explore alternative channels, including OTT messaging apps. As a result, operators are expected to lose over $3 […]

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Business

Schneider Electric Showcases Sustainable Datacentres at AfricaCom

Datacentre operators are under increasing pressure to meet sustainability goals and address their carbon footprint. According to Harvard Business Review, 99% of large company CEOs agree that sustainability forms a vital part of their business’ future success. Furthermore, 75% of investment executives agree that a company’s sustainability performance is important when making investment decisions, says […]

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Technology

Nigeria Assures Spanish Ambassador of Collaboration Local Content & Capacity Building

Nigeria is open to investors and investments, and it is unarguably inching towards joining the community of digitally driven Nations. That was part of the remark of the Director of Information Technology Infrastructure Solutions at the National Information Technology Development Agency (NITDA), Dr Usman Gambo, when on behalf of the Director General of NITDA, Mr […]

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Financial

Telecoms Firm, Paratus Secures $31m for Expansion Plans Across Africa

Pan-African telecoms firm Paratus Group has secured funding of US$31 million to support its infrastructure expansion plans. The funding will be used over the next three years to create additional fibre routes connecting Angola, DRC, Botswana, Namibia, South Africa, Mozambique, and Zambia. The transaction was facilitated by Cirrus Capital, a 100% Namibian-owned, broad-scoped financial services […]

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