MoneyHash Secures $5.2M to Streamline African Payments

Egyptian fintech startup MoneyHash has secured $5.2 million in a pre-Series A funding round, marking a significant milestone in its mission to streamline payments across Africa’s fragmented financial landscape. This funding will enable the company to refine its innovative platform, expand its market presence, and enhance integrations that empower businesses, particularly small and medium-sized enterprises (SMEs), to thrive in emerging markets.

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Malawi Commits to Creating Virtual Science Labs

Malawi’s Ministry of Education, Science, and Technology has committed a significant investment of $21,000 (K37m) to Mzuzu University to implement Milab, an interactive virtual scientific laboratory designed for high school students. This initiative aims to bridge the country’s digital divide by providing students in remote areas with access to valuable technological resources. The funding supports the expansion of Milab, making it available to schools that traditionally lack access to physical laboratories and scientific tools.

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Data Centres Drive Digital Transformation Across West Africa

Data centres are increasingly becoming pivotal in driving digital transformation across West Africa, providing essential support for cloud services. Oluwafiropo Tobi Ogundare, Red Hat’s regional sales lead for West Africa and Mauritius, emphasized that data centres also play a critical role in addressing data sovereignty concerns, helping governments and regulators maintain compliance with legal and regulatory standards. Ogundare highlighted how data centres are not only enabling technological advancements but also contributing to economic growth and job creation in the region.

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Telkom Leads Sponsorship for Second Annual Wired4Women Awards

Telkom is proud to renew its partnership with ITWeb Brainstorm and the Wired4Women technology forum by endorsing the Wired4Women Awards for a second year in 2025. Following last year’s successful collaboration, Telkom will continue its role as the lead sponsor for the prestigious event, which highlights the remarkable contributions of women in South Africa’s tech sector. The awards cover a broad spectrum of roles, from CIOs and tech company leaders to entrepreneurs, innovators, rising stars, and emerging students.

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Airtel Malawi Strengthens Network, Adds Fiber Providers

Airtel Malawi Plc has announced a strategic plan to enhance its network infrastructure by acquiring additional capacity for its international data links and securing more local fiber providers. This initiative comes in response to recent network challenges that have impacted voice and data services, with a focus on improving service reliability for customers across Malawi.

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NigComsat, Eutelsat Partner on Leo Satellite Services

NigComSat Ltd, a key player in Nigeria’s satellite communications industry, has entered into a groundbreaking multi-year partnership with Eutelsat, one of the world’s leading satellite communications providers. This collaboration marks a significant milestone for both companies as they work together to revolutionize satellite connectivity across Nigeria.

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Power Learn Project Unveils New Talent Hub

Power Learn Project (PLP), a leading Pan-African social impact organization, celebrated the graduation of 7,859 learners under its #1MillionDevs4Africa initiative on Friday, bringing the total number of graduates to 14,123 across the continent. This milestone highlights PLP’s continued dedication to empowering African youth through digital skills development, bridging the gap between education and employment in a rapidly changing job market.

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MoMo Rwanda, MasterCard Launch Innovative Virtual Card

MoMo Rwanda has partnered with MasterCard to launch Rwanda’s Virtual Card, a groundbreaking digital payment solution that enables MoMo subscribers to make global e-commerce payments. This innovative product allows MoMo customers to shop or pay at any MasterCard-accepting merchant worldwide, directly linking their MTN MoMo account to a virtual card that can be accessed via mobile phones. The launch is part of MTN Group’s broader strategy to enhance collaboration with MasterCard in payment issuance, acceptance, and remittance across the continent.

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