Jeff Bezos, the visionary founder of Amazon, has announced plans to sell an additional 25 million shares of the technology giant, totaling nearly $5 billion. This decision follows Amazon’s record-high stock market valuation, reflecting a strategic move amidst the company’s soaring performance and growing demand for artificial intelligence (AI) technology in its cloud computing business.
Exciting news from Noki Noki, the Congolese logistics startup, which has secured US$3 million in seed funding to expand its footprint across Central Africa and bolster operations in the Democratic Republic of Congo (DRC). Founded by Jonathan Yanghat in 2021, Noki Noki specializes in revolutionizing last-mile delivery with services like Noki Food for meal delivery, Noki Drive for grocery shopping, and Noki Pay, an integrated payment interface.
Huawei has launched an ambitious initiative to train an additional 150,000 people in Sub-Saharan Africa over the next three years, expanding on its commitment to digital skills development in the region. This announcement builds on Huawei’s initial goal to equip over 100,000 individuals with crucial digital competencies by 2025, a target the company has already surpassed by 120%, achieving over 120,000 trainees within 26 months.
Safaricom, a leading Kenyan telco, has donated $116,279 to assist protest casualties and hospitals, demonstrating its commitment to community support in times of crisis. The donation includes $77,518 allocated to the hospital’s Disaster Response Centre and $38,759 for assistive gadgets for injured victims, aiding those hospitalized. This generous contribution will also provide affected individuals with…
This year’s Global Symposium for Regulators (GSR-24) has kicked off in Kampala, Uganda, with a pioneering focus on regulating for impact in fields such as artificial intelligence (AI), the space sector, and climate change. Hosted by the International Telecommunication Union (ITU), the event has gathered global regulators to exchange knowledge and experiences on advancing impactful regulation.
STelcom, a Sonangol Group affiliate, has chosen Emerson to deliver its entire automation portfolio to Angolan energy and industrial customers. This collaboration aims to enhance MSTelcom’s capabilities in providing engineering services, optimizing energy output, equipment availability, production, safety, and environmental sustainability.
Huawei, a global telecom services provider, has reaffirmed its commitment to investing in Africa and facilitating talent development across the continent. During the Huawei Africa Connect event in Johannesburg, South Africa, David Wang, Executive Director of the Board and Chairman of Huawei’s ICT Infrastructure Managing Board, emphasized the potential of Africa and Huawei’s eagerness to collaborate with governments and enterprises.
Telecom Egypt has signed a $600 million, 10-year deal with 4iG Group of Hungary to build a fiber network for the North African country. This landmark infrastructure project will provide six million households with access to high-speed network, significantly enhancing connectivity and digital services across Egypt.
