Software developer Compulynx invest Sh30m in blockchain deal with US tech firm

Software developer Compulynx invest Sh30m in blockchain deal with US tech firm

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KENYA – Kenyan-based global software developer, Compulynx, has invested Sh30 million (US$297000) into a partnership with a US tech firm, Chainworks Inc, to develop a blockchain-based technology firm. According to a report by Business Daily, the new firm, Chainworks Africa, to be…

Seacom completes 100% acquisition of South Africa’s FibreCo

Seacom completes 100% acquisition of South Africa’s FibreCo

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SOUTH AFRICA – Seacom, a submarine communications cable operator has completed the acquisition of 100% shareholding in FibreCo Telecommunications for an undisclosed sum. Based in South Africa, FibreCo owns and operates a national fibre network providing infrastructure and connectivity services across the…

Trade in technology goods expands driven by demand for electronic components mainly from China and Korea

Trade in technology goods expands driven by demand for electronic components mainly from China and Korea

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WORLD – The value of trade in international imports of information and communications technology (ICT) goods in 2017 reached US$2.1 trillion driven by demand for electronic components used in Internet-of-Things (IoT) devices. According to new figures released by UNCTAD (United Nations Conference…