Starlink Boosts Healthcare Service Delivery in Rwanda

Starlink Internet is making significant strides in enhancing healthcare delivery across Rwanda. Since its pilot introduction in June 2023, this high-speed satellite network has transformed connectivity in health centers, particularly in remote areas where access to reliable internet has been a persistent challenge. Healthcare providers are praising the positive impact Starlink has had on their ability to deliver services and streamline operations.

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Meta, Ethio Telecom Partner to Boost Ethiopia’s Digital Inclusion

Frehiwot Tamru, CEO of Ethio Telecom, recently engaged in a strategic dialogue with Vikas Menon, Director of Business Development and Strategic Partnerships for the Middle East and Africa at Meta, alongside other senior executives from the company. The focus of this meeting was to enhance the digital service experience for customers in Ethiopia, a crucial step in expanding digital access and inclusivity in the country.

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Yellow Card Raises $33M in Series C Funding

Yellow Card, the first licensed stablecoin on/off ramp in Africa, has successfully closed its Series C financing, securing US $33 million in equity funding. The financing round was led by Blockchain Capital, with significant contributions from several prominent investors, including Polychain Capital, Third Prime Ventures, Castle Island Ventures, Block, Inc., Galaxy Ventures, Blockchain Coinvestors, Hutt Capital, and Winklevoss Capital. This milestone not only underscores the company’s growth trajectory but also highlights the expanding potential of the African fintech industry as a whole.

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du Forms Strategic Partnerships to Boost Innovation at GITEX 2024

du has made significant strides in technological innovation at GITEX 2024 by announcing a series of strategic partnerships aimed at transforming industries across the UAE. One of the most notable collaborations is with Invest in Sharjah, which focuses on enhancing Sharjah’s business ecosystem. This partnership will introduce advanced digital solutions, such as artificial intelligence (AI), the Internet of Things (IoT), and cloud computing, to empower investors and entrepreneurs. By leveraging these cutting-edge technologies, the initiative aspires to promote sustainable growth and establish Sharjah as a hub for innovation.

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ADB and MasterCard Partners to Digitize Agriculture Operations

The African Development Bank Group and MasterCard are spearheading a transformative new initiative, the Mobilising Access to the Digital Economy (MADE) Alliance Africa, which aims to give 100 million Africans and companies digital access to essential services over the next decade. This ambitious partnership seeks to harness the power of digitalisation to unlock economic growth and drive inclusive development across the continent, ensuring that Africa’s communities can participate fully in the digital economy.

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Intelsat Launches satellite Backhaul Platform for Nigeria’s Connectivity

Intelsat has announced a significant step toward enhancing connectivity infrastructure in Nigeria and across Africa with the launch of its new satellite cellular backhaul service platform at the Open Access Data Centre in Lagos, Nigeria. This initiative, known as Intelsat CellBackhaul Nigeria, represents a major advancement in providing reliable and scalable connectivity solutions for mobile network operators (MNOs) and internet service providers in the region. By integrating satellite and terrestrial networks, Intelsat aims to address longstanding connectivity challenges, particularly in underserved areas.

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Absa, Standard Bank Partner with Saudi EXIM Bank for Trade

The partnership between Absa Group, Standard Bank Group of South Africa Limited, and Saudi EXIM Bank marks a significant step towards enhancing trade and export opportunities between Saudi Arabia and South Africa. Signed during the Saudi-South African Business Forum in Johannesburg, this strategic agreement aims to deepen economic relations and create a framework for future collaboration. The deal also comes at an opportune time, coinciding with the visit of Saudi Arabia’s Commerce Minister, Dr. Majid Al-Kassabi, to South Africa, underlining the importance of building stronger economic ties between the two regions.

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