Egypt’s Commercial International Bank (CIB) has launched CVentures, a corporate venture capital firm focused on investing in transformational fintech startups and next generation financial services platforms. CIB said the establishment of CVentures reflected its deep and continued commitment towards Egypt’s largely untapped financial services industry, and the importance of fintech as a key driver of […]
Read MoreBiometric hacking, an increase in phishing attacks and sophisticated use of artificial intelligence (AI) are among the top cyber security threats to be expected in 2019, as attackers stop at nothing to steal identities and evade detection through new techniques. Attacks through theft of biometric data While several major leaks of biometric data have already […]
Read MoreFacebook Inc said it did not give some companies access to people’s data without their permission, after the New York Times reported on Tuesday that the social network allowed some large technology companies greater access to user data. The paper reported nyti.ms/2GveLcR that Facebook allowed Microsoft’s Bing search engine to see the names of virtually […]
Read MoreSmile, Nigeria’s 4G LTE telecommunications network has introduced a brand campaign to keep families and friends connected, entertained with music and videos and updated with happenings on social media. The campaign tagged ‘Get into the groove this season,’ is aimed at empowering individuals and families to purchase and use Smile’s affordable 4GLTE broadband internet to […]
Read MoreWestern Digital Corporation, a global leader in data technology, has expanded its portfolio of data storage devices in Nigeria. The expansion will allow consumers to access a wide range of WD®- and SanDisk-brand products while positioning Western Digital as a premier data technology company for Nigerians. As part of the expansion, Western Digital has introduced […]
Read MoreGlobal shipments of wearable devices are forecast to reach 125.3 million units in 2018, up 8.5% from 2017, according to the International Data Corporation (IDC) Worldwide Quarterly Wearable Device Tracker. The growing popularity of smartwatches and greater wearables adoption in emerging markets will combine to produce a five-year compound annual growth rate (CAGR) of 11.0% […]
Read MoreMoroccan B2B e-commerce startup WaystoCap is busy expanding in the West African region having opened offices in Burkina Faso and Togo to add to its existing operations in Benin. WaystoCap allows African businesses to buy and sell products, helping them to discover products, verify them, obtain financing and insurance, manage their shipments, and ensure payments […]
Read MoreEight pilots have successfully passed their drone flight training in Tunisia following a two-week intensive training period organized by the Ministry of Agriculture of Tunisia, the African Development Bank and Busan Techno Park. The training which focused on handling, maintenance and the security aspects of flying drones, took place in Tunis from 19-30 November 2018. […]
Read MoreNigerian Communications Commission (NCC), the telecoms regulatory agency in nation said the 3G or 4G coverage in the country is still low and a section with little or no coverage. According to the Commission, the most pervasive networks are on 2G coverage and reaches about 90% of the population adding that there is still a […]
Read MoreGlobal smartphone shipments are expected to decline by 3% in 2018 before returning to low single-digit growth in 2019 and through 2022. While the on-going U.S.-China trade war has the industry on edge, the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker still believes that continued developments from emerging markets, mixed with potential around […]
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