The African Guarantee Fund (AGF) has partnered with the Visa Foundation to unlock new opportunities for women entrepreneurs across Africa through a $2 million grant dedicated to supporting women-led and women-owned SMEs. This strategic collaboration will strengthen the Affirmative Finance Action for Women in Africa (AFAWA) Guarantee for Growth program, a flagship initiative by the…
Ooredoo Group has announced a strategic partnership with Innovatix Systems LLC to expand and strengthen cybersecurity services across its global footprint. Operating in the Middle East, North Africa, and Southeast Asia, Ooredoo is taking a significant step to safeguard its customers’ digital assets in the face of rising global cyber threats. The collaboration reflects Ooredoo’s…
Nigeria is set to welcome a major boost to its digital infrastructure following Nugi Group’s announcement of plans to establish a Tier 4 data centre in Calabar, Cross River State. The project is poised to position Nigeria as a stronger player in the global data economy, providing world-class infrastructure that supports the country’s growing digital…
Veeam, in collaboration with ITWeb, is set to host an exclusive webinar designed for Africa’s data management, risk, and IT security leaders. Scheduled for October 15, the session will unpack strategies tailored to the unique challenges faced by African enterprises as they embrace cloud adoption at scale. The focus will be on building resilience through…
Safaricom Ethiopia has officially launched TechStart, a groundbreaking nationwide programme aimed at training 125,000 young Ethiopians in cloud technology skills over the next three years. Supported by Amazon Web Services (AWS) and Vodacom, the initiative is designed to accelerate Ethiopia’s digital economy while positioning the country as a key player in Africa’s broader technology revolution….
Mastercard has announced a strategic collaboration with Hillcroft (mTek), an innovative insurtech company, to launch embedded insurance solutions across East Africa. This partnership marks Mastercard’s entry into the embedded insurance space in the region and is designed to directly integrate insurance products into its consumer and SME card offerings. The initiative represents a significant step…
Telecom Egypt has announced a significant leadership transition with the appointment of Tamer El Mahdi as its new Managing Director and Chief Executive Officer. El Mahdi succeeds Mohamed Nasr, who has stepped down from both his executive role and his position on the Board of Directors. The Board has also approved the resignations of Mohamed…
Visa has unveiled a bold step in the evolution of global payments with the launch of a stablecoin prefunding pilot through its money movement platform, Visa Direct. The initiative seeks to modernize how businesses, banks, and remittance providers handle cross-border payouts, offering a faster, more flexible alternative to legacy prefunding models that tie up significant…
