news and current affairs.
MTN Drops Solar Tech Bombs on South Sudan Camps
MTN South Sudan just finished helping more than 40,000 people connect to the digital world through their yearly volunteer program. The telecom company spent three weeks during June bringing internet access and smartphones to four struggling communities. Workers built solar-powered computer centers at refugee camps and displacement sites around the country. The program targeted places like Gorom Refugee Camp and Mangaten camp where thousands of people live without basic technology. Company volunteers trained local residents on mobile banking and internet skills during the entire campaign. The mobile network operator handed out 100 smartphones to family leaders and taught them how to use digital money services. Tech hubs came equipped...
Valu shakes up EGX, gives Amazon ringside seat
Egypt just witnessed a financial first when Valu started trading on the stock exchange through a clever share handout trick. EFG Holding gave away one-fifth of their fintech darling to existing shareholders without charging a penny. Amazon jumped at the chance and bought nearly 4 percent of the company for roughly 6 Egyptian pounds per share. The whole deal happened through distributing shares as dividends rather than a traditional public offering. Financial regulators praised the creative approach as a game changer for future listings. Valu crushed the competition with explosive 66 percent growth during 2024 when the rest of the market managed just 31 percent gains. The digital payment platform handles around 16,000 daily transactions...
Morocco Startup Cash Rain Leaves Most High and Dry
Morocco startups grabbed nearly $95 million during 2024 across 40 different deals. The country jumped from just $33 million the previous year and landed sixth place across all African nations for startup cash. Investment experts say the kingdom helped Africa bounce back after Egypt saw major funding drops. The money surge shows that business backers trust Moroccan companies more than before. Local entrepreneurs celebrated the massive jump as proof their ideas work. Three companies walked away with almost two-thirds of all the money raised last year. Travel technology firm Nuitée scored a record $48 million and dominated the entire funding scene. Financial technology startups came second with companies like Inyad and Tookeez attracting...
MTN Rwanda Braces for Cash Crunch in 2025 Digital Dash
MTN Rwanda bosses gathered for their annual company meeting and shared some serious business news. The telecom company faced tough times during 2024 but managed to bounce back stronger. Chairman Faustin Mbundu told shareholders the firm stayed committed to digital growth despite major challenges. The company delivered solid results across internet services and mobile banking. Leaders believe MTN Rwanda can create lasting value for the country and investors. CEO Monzer A. revealed exciting plans for the coming year that focus on five main goals. The company wants to attract more customers and meet growing demand for data services. MTN also plans to expand mobile money offerings and business solutions as key profit drivers. Network...
MTN drops $100M data bomb in Lagos
MTN Nigeria just fired up its massive new data center worth a whopping $100 million. The telecom giant stepped into the commercial hosting game with its shiny Dabengwa Sifiso Data Centre located right in Lagos. This Tier III powerhouse cranks out 4.5MW of IT power and packs 780 server racks across three floors. The company plans to double that capacity when the second phase wraps up with fancy Tier IV certification. MTN joins the heavyweight fight against established players like MainOne and Rack Centre for digital infrastructure dominance. The facility honors former MTN Group chief Sifiso Dabengwa and showcases the company's continental ambitions. CEO Karl Toriola bragged about their readiness for artificial intelligence and...
Sky-High Internet Lands in Remote African Classrooms
Paratus just rolled out a game-changing internet service for African schools. The telecom giant partnered with Starlink to bring high-speed internet to remote classrooms across seven countries. Students from Botswana to Zambia can access online learning materials for the first time. The company calls the new service EduLINK and targets schools that struggle with poor internet connections. Teachers receive professional installation and ongoing technical support from local Paratus teams. Schools must show valid education certificates to qualify for the program. Each participating school receives 2TB of priority data every month. The satellite technology works even where traditional internet cables cannot reach. Paratus sells the required...
MP George Bags Top Public Sector Digital Crown, Mic Drop
Samuel Nartey George grabbed the top prize at Africa's biggest tech awards ceremony. The Ghana minister walked away with the Public Sector Digital Leader of the Year award at the fancy Labadi Beach Hotel. Tech experts from across the continent watched as George beat out other government leaders for the honor. The ceremony marked the 14th time organizers have held these prestigious Digital Innovation Awards. People call this event the African version of the Oscars for technology and digital innovation. George earned recognition for pushing Ghana forward with new digital projects. He leads the country's efforts to build better internet systems and online government services. The minister also champions programs that help local businesses...
Ericsson Plants Its 5G Flag in Dusty Riyadh Desert
Ericsson just opened its shiny new headquarters right in the heart of Riyadh. The tech giant picked Saudi Arabia as its home base for running operations across the Middle East and Africa. Top government officials showed up for the grand opening ceremony. The Swedish company wants everyone to know it takes Saudi Arabia seriously as a business partner. This move proves the kingdom attracts major international companies. The ceremony brought together some heavy hitters from both countries. Saudi ministers rubbed shoulders with Ericsson executives and telecom company leaders. They talked about fancy new network technologies and the future of 6G networks. Everyone discussed how Saudi Vision 2030 shapes the country's tech plans. The...
Colorful Drops RTX 5050 Mini GPU With Ring-Blade Fan Fury
Colorful just launched their iGame Ultra W graphics cards that gamers are going crazy about. The company built two different RTX 5050 models that pack serious punch for computer gaming. Both cards can boost their speed to 2647 MHz with just one button press. The triple-fan version measures over 300 millimeters long and works great for bigger computer cases. Smaller systems can use the dual-fan model that saves space without losing power. Each card uses special 90mm fans that move air around without making much noise. The heat armor has a shiny rainbow finish that looks amazing under gaming lights. RGB lighting lets users change colors to match their computer setup perfectly. The back plate shows off hip-hop style letters that make...
Top