As the competition in South Africa’s cloud services market intensifies, Mpilo Technologies has proudly announced its new status as a select partner with Amazon Web Services (AWS). This partnership grants MpiloTech access to AWS’s comprehensive cloud solutions and resources, positioning them to deliver top-tier cloud services.
TerraPay, bolstered by recent financial backing from the International Finance Corporation (IFC), has announced a transformative partnership with Enza, another prominent player in payment technology. This alliance aims to revolutionize Africa’s payments landscape, accelerating financial inclusion across the continent.
MTN Group is currently hosting a high-level delegation from Nigeria’s National Institute for Policy and Strategic Studies (NIPSS) at its Johannesburg headquarters. This week-long visit, co-hosted by the SA-Nigeria Business Chamber, the Department of Trade, Industry, and Competition, and the Nigerian embassy, is a part of NIPSS’s study tour aimed at exploring the synergy between digital technology, youth empowerment, and sustainable job creation in Nigeria.
Huawei honored In2IT Technologies, an IT services and consultancy firm, with the IP Services Partner of the Year award at the recent Africa Connect 2024 conference in Sandton, South Africa. This accolade underscores In2IT’s expertise and dedication in delivering exceptional IP services across the African continent.
Samsung has unveiled its latest innovation, the Galaxy Ring, at the Galaxy Unpacked event, marking its entry into the smart ring market. Positioned as a health and fitness-focused wearable, the Galaxy Ring integrates advanced artificial intelligence to offer 24/7 health monitoring capabilities, including tracking heart rate, sleep patterns, and menstrual cycles. This move underscores Samsung’s commitment to expanding its ecosystem with cutting-edge AI-powered devices.
Fintech company MOGO has made a significant investment of Sh1 billion from the US International Development Corporation to promote electric vehicle (EV) adoption in Kenya. The initiative focuses on financing e-bikes and three-wheelers at affordable interest rates, aimed at making various EV brands accessible across Nairobi and beyond.
Samsung Electronics has unveiled its latest innovations at the Galaxy Unpacked event in Paris, introducing the Galaxy Z Fold6 and Galaxy Z Flip6 alongside the Galaxy Buds3 and Galaxy Buds3 Pro. These new foldable devices mark a significant leap forward in mobile AI technology, building upon Samsung’s earlier advancements in the field.
In a significant move to enhance access to affordable remittances across Africa, the International Finance Corporation (IFC) has unveiled a substantial $75 million financing package for TerraPay, a leading digital payments service focused on the continent. The financing comprises a $30 million loan from IFC’s own account, a $15 million B Loan from ILX under IFC’s B Loan Program, and a parallel $30 million loan from development finance institutions OP Finnfund Global Impact Fund I and BIO.
