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News

Ericsson Unveils Software Designed to Tap 5G Potentials in SA

Swedish kit vendor Ericsson has unveiled what it calls a ‘software toolkit’ that aims to enable premium 5G connectivity services. The toolkit has four main components. Some new algorithms are designed to improve the performance of MIMO pairing and beamforming, which in turn should improve mid-band capacity. There are also improvements to RAN slicing such […]

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Social Media

Meta Flush-out of Redundant Staff Slashes Workforce by 24%

Facebook parent company Meta has seen a 24% decline in its headcount after announcing job cuts earlier this year. This emerged when the social media company announced its financial results for the third quarter of 2023. In March, Meta announced a second round of job cuts, reducing its workforce by 10 000 employees. This, after in November, […]

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Technology

Tizeti Secures Debt Financing to Expand Internet Access in Nigeria

Chapel Hill Denham’s Nigeria Infrastructure Debt Fund (“NIDF” or the “Fund”) has agreed to provide long-term financing to Tizeti Network Limited (“Tizeti” or the “Company”) (https://www.Tizeti.com) – West Africa’s pioneer solar-based internet service provider. The senior debt facility will be used to finance the rollout of Tizeti’s state-of-the art broadband network across 15 states in […]

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Business

ZTE Unveils Industry’s First Tbit All-Optical Access Platform

TE Corporation, which positions itself as a global leading provider of ICT solutions, has unveiled the latest Tbit-level deterministic all-optical access platform, the ZXA10 C600E, at the Network X exhibition held in Paris, France. This new platform has garnered significant industry attention and is poised to drive innovation in FTTx (fibre to the X) services […]

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Business

NDPC Seeks Prompt Additional Safeguard, Harps Inter-Ministerial  Strategic Alliance

The Nigeria Data Protection Commission (NDPC) is worried that there are some personal data that are sensitive, which require additional safeguards, such as health records, labour union affiliation, sexual orientation, and information that can be used for discriminatory purposes. The National Commissioner/CEO, Dr Vincent Olatunji NDPC who made the observation while receiving the Minister of […]

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Technology

Microsoft Making Extra Investment into Africa’s AI Revolution

Microsoft is ramping up investments in the next wave of Africa’s artificial intelligence (AI) evolution, to support businesses to solve a myriad of challenges and unlock new opportunities. This was the word from Lillian Barnard, president of Microsoft Africa, delivering a keynote presentation yesterday at Microsoft’s AI, A New Era event in Johannesburg. Discussing the infinite economic […]

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Telecoms

Medallion Set to Reinvent Data Storing Business in Nigeria, Rebrands to Digital Realty

Medallion Data Centre, Nigeria’s premier carrier neutral data centre operator will henceforth be known and addressed as Digital Realty. This follows the official rebranding of the company last week in Lagos, a move the hitherto Founder and Chief Executive Officer of Medallion Data centre, Engr. Ikechukwu Nnamani has been described as a new dawn for […]

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Business

Apple Refreshes MacBook Pro line-up

Apple has unveiled a new MacBook Pro line-up featuring the all-new family of M3 chips: M3, M3 Pro, and M3 Max. According to the company, with a next-generation GPU architecture and a faster CPU, the M3 family brings more performance and new capabilities to MacBook Pro. In a statement, Apple said the new 14‑inch MacBook Pro […]

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Financial

Airtel Africa Rakes $116b from Mobile Money Amid FOREX Headwinds in Nigeria

Airtel Africa Plc results for half year ended, September 2023, has revealed strong and resilient operating performance across all regions despite foreign exchange headwinds, specifically in Nigeria. According to the report, total customer base grew by 9.7% to 147.7 million, as the penetration of mobile data and mobile money services continued to rise, while driving […]

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Business

Dangote Cement Output in Nine Months Hits 8.5t Boosting Pan-African Volumes 

Dangote Cement in the nine months ended September 30, 2023 reported 15.2 percent increase in pan-African volumes which rose from 7.4Mt to 8.5Mt, compared to  the corresponding period in 2022. Pan-African volumes refer to the volume of sales by Dangote Cement plants situated outside Nigeria. A review of the cement company’s unaudited results released on […]

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