Visa has appointed Michael Berner as the new Head of Southern and East Africa, overseeing operations across 24 markets. He will report to Andrew Torre, Visa’s Regional President for Central and Eastern Europe, Middle East, and Africa (CEMEA), and will remain part of Visa’s CEMEA regional leadership team. Based in Johannesburg, Michael steps into this…
Meta has announced its most ambitious subsea cable project to date—Project Waterworth. Once completed, this groundbreaking initiative will span over 50,000 km, making it the longest subsea cable project in the world. Designed to connect five major continents, including the United States, India, Brazil, and South Africa, this project will set a new benchmark for…
Havas has expanded its presence in Africa with the launch of Havas Play, a platform designed to connect brands with passionate fan communities and drive business growth across the continent. With expertise in sponsorships, partnerships, experiential marketing, social media, influencers, and branded content, Havas Play aims to revolutionize brand engagement by embedding businesses into the…
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…
Afreximbank has announced a major boost to Africa’s creative economy, increasing its funding for the Creative Africa Nexus (CANEX) programme from $1 billion to $2 billion over the next three years. This commitment, made during the CANEX WKND 2024 opening ceremony in Algiers, highlights the Bank’s dedication to supporting Africa’s creative industries, which are showing tremendous potential for growth across sectors like film, music, fashion, and sports.
Verve International has achieved a remarkable milestone by issuing over 70 million payment cards, representing a 40% increase in issuance volumes within just 15 months. This rapid growth is a testament to Verve’s significant role in Nigeria’s domestic payment ecosystem, where the demand for secure and convenient payment solutions continues to rise. The achievement not only underscores Verve’s dominance but also reflects its ability to scale effectively to meet the evolving needs of users across the country.
Uganda has launched a pioneering Deep Technology Strategy aimed at driving economic growth and fostering innovation. This significant initiative was unveiled during the inaugural Deep Technology Summit held in Kampala, organized by the Science, Technology, and Innovation Secretariat in collaboration with Open Start-up Tunisia and FutureLab. The summit served as a platform for local and international experts to come together and shape Uganda’s deep tech strategy, ultimately attracting investment to the sector.
MTN Zambia has made a significant contribution to digital education by donating 50 internet dongles to the University of Zambia. These “Ka Kakonek” dongles, equipped with 4G connectivity, are designed to support students facing challenges with inconsistent or limited internet access, thus enhancing their ability to engage with digital learning resources.
