Technology & Innovation

Amazon Web Services launches programmes to help innovation of SA SMEs

November 12, 2019

SOUTH AFRICA – Amazon Web Services, Inc., a service that provides on-demand cloud computing platforms, has announced the launch of the Amazon Web Services Equity Equivalent Investment Program (AWS EEIP), designed by Amazon Web Services South Africa and Amazon Data Services South Africa. The AWS EEIP will see over R365 million (US$24.6m) invested in the […]

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Zimbabwe’s Twenty Third Century Systems secures utilities deal in Kenya

November 11, 2019

KENYA – Zimbabwean tech firm Twenty Third Century Systems (TTCS) has inked a deal to install digital smart metres at Kiambu’s Tatu City to enable residents to monitor their water and power consumption. The integrated smart city technology platform will enable collection and analysis of utility consumption data. It will also provide diagnosis and allow […]

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Amazon to set up an Amazon Web Services Edge location in Kenya

November 11, 2019

KENYA – Amazon, which operates Amazon Web Services-the biggest cloud computing platform in the world plans to set up an “edge location” in Nairobi They have several data centres around the world but their presence in Africa has been largely small. An edge location is a site that caches copies of content so that there […]

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Azania Bank debuts Azania Plus Digital product to ease customer experience

November 11, 2019

TANZANIA –  Azania Bank, a commercial bank, launched Azania Plus Digital Experience, a service that will enable its customers to experience banking more easily and conveniently on the go through Azania Plus Wakalas, Azania Plus mobile banking application and Azania Plus Internet Banking that will be available for 24 hours. Speaking during the launch in […]

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Truecaller launches a Developer program in Kenya to expand their services

November 8, 2019

KENYA – Truecaller, a smartphone application that has features of caller-identification, announced the launching of its developer program in Kenya, which will enable 3rd party app developers, digital businesses, and startups in Kenya to utilize Truecaller’s free software development kit (SDK). As a result, these businesses will benefit by instantly verifying users on their apps […]

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Mobile network operator partners with HIT to promote innovation in Zimbabwe

November 7, 2019

ZIMBABWE – Zimbabwe’s second largest mobile network operator by subscriber base, NetOne, has partnered Harare Institute of Technology (HIT) to promote game changing innovations through research and development. The mobile company’s chief executive officer, Lazarus Muchenje, said this partnership will unlock opportunities for both entities as it has the potential to commercialise and monetise the […]

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Wefarm secures US$13m to expand and diversify its smallholder agricultural ecosystem

November 7, 2019

AFRICA – Wefarm, the digital network for global small-scale agriculture, has announced that it has raised $13 million in a Series A financing round led by Silicon Valley venture capital firm True Ventures. Jon Callaghan, co-founder of True Ventures while commenting on his company’s investment in Wefarm said, “We are enormously inspired by how Kenny […]

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Azerbaijan’s Lenders partner with IFC in developing digital financial services to enhance financial inclusion

November 7, 2019

AZERBAIJAN— Azerbaijan Banks Association, a national body that represents the country’s lenders has partnered with the International Finance Corporation (IFC) a member of the World Bank Group in a digital financial services development project in Azerbaijan. IFC said in a statement that the project which includes a partnership with the State Secretariat for Economic Affairs […]

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Google expands share of wearables market with $2.1 bn acquisition of fitness tracker maker Fitbit

November 5, 2019

UNITED STATES – World’s biggest web search company and Alphabet Inc-owned Google has revealed that it will buyFitbit Inc for $2.1 billion, as the looks to take on Apple and Samsung in the crowded market for fitness trackers and smart watches. Google said in November that it sees an opportunity to introduce its own wearable […]

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Nigeria’s Interswitch diversifies into healthcare, acquires majority stake in healthcare tech company, eClat

November 5, 2019

NIGERIA- Interswitch, Nigeria’s leading integrated digital payments and commerce company has acquired a majority stake healthcare technology company, eclat. By acquiring shares from current shareholders and subscribing to the newly issued shares, Interswitch now owns a 60% stake in eClat Healthcare Limited. The company said in a statement that “The combined product offerings of Interswitch […]

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