October 23, 2024 – Hakuna Matata Media

Thunes Launches QR Code Solution for Foreign Travelers’ Payments

2 years ago2 years ago04 mins

Thunes, a leader in cross-border payment infrastructure, has launched an innovative QR Code Payments solution specifically designed to facilitate seamless transactions for foreign travelers in China. This new service enables users of various foreign mobile wallets and financial apps to make payments by simply scanning QR codes presented by local merchants. By bridging the gap between international payment systems and local Chinese payment methods, Thunes is enhancing the payment experience for travelers.

Tuum, Google Cloud Partner to Enhance Digital Banking

2 years ago2 years ago03 mins

Banking technology provider Tuum has announced a strategic partnership with Google Cloud Security to enhance digital banking capabilities across the EMEA region. This collaboration aims to optimize scalability, security, and performance of digital banking services while significantly reducing operational costs for financial institutions. By leveraging Google’s advanced cloud technologies, Tuum is positioning itself to meet the growing demands of the banking and fintech sectors.

Mercia Jennings Named Country Manager for NEC XON Mauritius

2 years ago2 years ago04 mins

Mercia Jennings has been appointed as the country manager for NEC XON’s newly established operation in Mauritius. With a strong strategic vision, Jennings is set to spearhead NEC’s growth and enhance its market presence in Mauritius and the wider Indian Ocean region. Her appointment marks a significant step forward for NEC as it aims to…

UN Aims to Integrate African Refugees into Italy’s IT Sector

2 years ago2 years ago04 mins

A new initiative has been launched to integrate African refugees into Italy’s local IT employment market, facilitated by the International Trade Centre (ITC) and led by the UN Refugee Agency (UNHCR) alongside the Accenture Foundation. The program, named “ReadyForIT: Labour Pathways for Refugees,” aims to provide training and job opportunities for refugees, emphasizing the significance of work in restoring dignity and confidence to individuals who have faced immense hardships.

Rwanda Plans $200M Investments in Local Fintech Enterprises

2 years ago2 years ago04 mins

Rwanda is set to make a significant leap in its fintech landscape with a planned investment of $200 million in locally based financial technology enterprises between 2024 and 2029. This initiative is part of the Fintech Strategy 2024-2029, recently unveiled by the Ministry of Information and Communications Technology as Innovation. The government’s ambition is clear: to position Rwanda as the leading fintech hub in Africa and among the top 30 globally, climbing from its current ranking of fifth in Africa and 61st worldwide.

Sawari Ventures Launches $200M Fund to Support African’s Startups

2 years ago2 years ago04 mins

Sawari Ventures, an Egypt-based venture capital firm, is gearing up to launch its second fund, “Sawari Ventures II,” in early 2025, with a target of raising $200 million. This new initiative aims to build on the successes of the firm’s first fund while expanding into new sectors and regions across Africa. With the growing demand for investment in technology and innovation, Sawari Ventures II is poised to make a significant impact on the startup ecosystem in the region.

Equinix Finalizes MainOne Integration After Nearly 2 Years

2 years ago2 years ago03 mins

Equinix, a leading US-based data centre and colocation provider, has successfully completed the post-acquisition integration of Nigeria-born connectivity company MainOne. This significant milestone follows Equinix’s $320 million acquisition of MainOne in 2022 and marks a crucial step in establishing its presence in Nigeria’s rapidly growing data centre market. The integration process involved the unification and…

GSMA Africa Releases Reports to Boost Kenya’s Digital Economy

2 years ago2 years ago04 mins

The GSMA, in collaboration with Kenya’s Ministry of Information, Communication, and the Digital Economy, and the Communications Authority of Kenya, has unveiled three crucial reports aimed at propelling Kenya’s digital transformation. The reports, launched in partnership with mobile operators, include the Kenya Digital Economy Report, the Digital Africa Index (DAI), and the Smartphone Affordability Report. These publications offer in-depth insights into Kenya’s progress in mobile connectivity and the opportunities for accelerating digital growth.