Financial

ITU’s Partner2Connect Digital Coalition Secures $7b Connectivity Project

ITU’s Partner2Connect Digital Coalition has identified new connectivity projects worth $7 billion worldwide in 2023, the UN tech agency announced at Partner2Connect’s second annual meeting in Geneva, Switzerland. The new commitments increase to nearly $37 billion the value of resources mobilized by Partner2Connect (P2C) since the pledging platform opened in March 2022. ITU reported earlier […]

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StartUps

Africa’s Fintech Landscape to Witness Massive Mergers & Acquisition in 2024, Says Trade Lenda Report

The current funding landscape in Africa’s fintech sector is expected to result to more acquisitions that would be considered by existing startups according to the predictions for 2024 Sub-Saharan Africa Fintech Landscape released by the Co-Founder and Chief Executive Officer of Trade Lenda Limited, Mr. Adeshina Adewumi In the report titled, The Future of Fintech […]

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Business

We ‘ll Use Technology to Collapse Physical Trade Barriers, NITDA Assures African Traders

The National Information Technology Development Agency (NITDA) has assured that it is working to collapse the physical barriers in the context of trade for economic growth regardless of location through digital technology. According to the Director General NITDA, Mr Kashifu Inuwa, for Africa and Nigeria in particular to leap frog and develop, our economy has […]

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Business

Acquisition of CoolTera ‘ll Boosts Liquid Cooling Portfolio, Says Vertiv

Vertiv, a global provider of critical digital infrastructure and continuity solutions, said  subsidiaries of the company have entered into a definitive agreement to acquire all of the shares of CoolTera Ltd. (CoolTera), a provider of coolant distribution infrastructure for data center liquid cooling technology and certain assets, including certain contracts, patents, trademarks, and intellectual property […]

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Telecoms

Award of Tower Contract to ATC for 2,500 Sites Stands, Says MTN Nigeria

MTN Nigeria has said  IHS Towers has offered the company improved terms for the lease of 2,500 sites that match the terms of ATC, which recently won the contract following a highly competitive bidding process. These reports are not true and MTN has not received any revised offer from IHS. We announced in September that […]

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News

ITU Elects NCC’s Director  into Radiocommunication Advisory Group

The two senior officials from the public sector of Nigeria’s telecommunications industry have joined the global telecommunications industry body, the International telecommunications Union (ITU). Executive Vice Chairman of the Nigerian Communications Commission (NCC), Dr. Aminu Maida, broke the news on the sidelines of the ITU’s World Radio Communications (WRC) Conference 2023, in Dubai, United Arab […]

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Financial

OTT Messaging Apps Remain Dominant Amid Fall in Conversational Commerce Spend to 45%

OTT messaging apps will remain the dominant channel for conversational commerce. This is despite a fall in global market share of conversational commerce spend from 53% in 2024, to 45% in 2028. According to Juniper Research in its latest report, much of this spend will be driven by the advanced capabilities of OTT messaging apps, […]

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News

Vertiv Partners Intel on Liquid Cooled Solution for AI Accelerator Platform

Vertiv, a global provider of critical digital infrastructure and continuity solutions, has announced the company is collaborating with Intel (Nasdaq: INTC), an industry leader in creating world-changing technology, to provide a liquid cooling solution that will support the revolutionary new Intel Gaudi3 AI accelerator, scheduled to launch in 2024. AI applications and high-performance computing emit […]

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Business

Less Developed Countries Lead in Use of Social Media for Brand Research

The concept of social media not only provides marketers with the opportunity to reach large audiences, but it also enables brands to interact with customers and drive user engagement on a level never seen before. Social media users, especially the younger ones, love this approach, which is why more and more use these platforms for […]

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Technology

NITDA Commences Re-drafting of SRAP Document to Achieve Govt’s Digital Economy Agenda

The National Information Technology Development Agency (NITDA) re-drafting its Strategic Roadmap and Action Plan (SRAP) policy document. The re-drafting is to enable the Agency implement the Ministry of Communication, Innovation and Digital Economy strategic plan of accelerating the country’s collective prosperity through technical efficiency. According to the Director General, Mr Kashifu Inuwa, aim is to […]

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