Africa Data Centres has secured approximately $108.9 million in funding to expand its data centre capacity, meeting the growing demand for cloud computing services in South Africa. This significant funding milestone was facilitated through a bespoke financing solution arranged by RMB, demonstrating the strong confidence in the South African data centre market.
Airtel Africa has successfully activated the 2Africa submarine cable system, linking Kenya, Tanzania, and South Africa. This monumental achievement is part of one of the largest subsea projects globally, designed to interconnect Africa, Europe, and Asia, enhancing digital connectivity across the continents.
Local fintech start-up Zakhaa is set to revolutionize the financial landscape for small, medium, and micro enterprises (SMMEs) with the launch of its new buy-now-pay-later solution, Zakhaa FlexiPay. Launching tomorrow, this innovative payment system is designed to provide flexible payment arrangements, ensuring steady cash flow and reducing the risk of non-payment for SMMEs.
Vault Hill, a trailblazer in blockchain, immersive technology, and AI, has teamed up with Nigeria’s state-owned satellite operator NigComSat to elevate customer service standards. This partnership has led to the creation of “Ayesha,” a customized AI-powered chatbot developed by Vault Hill to align with NigComSat’s brand persona.
Digitel has made history by becoming the first telecom company in South Sudan to launch a 5G network. This groundbreaking move promises “lightning-fast speeds and unprecedented connectivity” for 5G users, marking a significant milestone in the country’s telecommunications landscape.
Acer, the PC technology company headquartered in Taipei, Taiwan, has announced plans to begin manufacturing monitors in South Africa. This initiative, set to commence next month, aims to create jobs and boost local communities.
Mozambique has expressed its gratitude to Huawei for its significant contributions to the development of the country’s Information and Communication Technology (ICT) sector. This recognition came during the Huawei 2024 Seeds for the Future Programme Award Ceremony, where Mozambican officials lauded Huawei for its pivotal role.
The Kenyan government has earmarked approximately $125.3 million to bolster projects within the Information, Communication, and Technology (ICT) sector during the upcoming 2024/2025 financial year. National Treasury Minister Njuguna Ndung’u announced the allocation in Parliament, emphasizing its strategic importance for national development.
