Africa
Africa’s leading independent telecommunications services provider, Phase3 Telecom, scales up layered security for optimized network infrastructure
This massive upgrade will provide secure infrastructure that fortifies its own, and other networks against advanced and malicious cybernetic breaches in Nigeria and ...
Innovation
Nigeria: Microsoft, Tizeti collaborate to boost high-speed internet in Nigeria with Airband initiative
The Airband initiative supports Microsoft’s and Tizeti’s shared goal of connecting more people to the internet in a cost-efficient way As part of ...
Ghana
Ghana: Bank of Ghana increases Capital Adequacy Ratio to 13% effective April 1
The Bank of Ghana has announced an increment in the Capital Adequacy Ratio (CAR) regulatory requirement for banks to 13 percent from an initial 10 ...
Ghana
Ghana: Ghana Hikes Interest Rate 250 Basis Points
Bank of Ghana has raised its benchmark interest rate by 250 basis points to 17 per cent, Governor Ernest Addison said in a ...
Kenya
Kenya: Kenyan Startup Powered by People Secures $5 Million Seed Funding for Global Expansion
Susa Ventures and Golden Ventures led the equity funding round for Powered by People. Investors such as Flexport Ventures, J Ventures, and the ...
News
Uganda: Stanbic Bank Retains 22 Percent Bancassurance Market Lead in Uganda
Bancassurance contributed Shs 103.5billion to the Shs 1.1trillion Gross Written Premium (GWP) recorded by Uganda’s insurance sector in 2021 with Stanbic Bank accounting ...
News
South Africa: South Africa’s Credit Bureau TransUnion Server Hacked
TransUnion has confirmed that a criminal third-party obtained access to its South African server through misuse of an authorised client’s credentials. “We have ...
News
Nigeria: CBN keeps Policy Rate at 11.5%, Retains Parameters
Key policy parameters have been retained as the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) concluded the second meeting ...
Ghana
Ghana: Smart Africa, NADPA Sign MOU to Harmonise Data Protection Laws
The Smart Africa Alliance (SAA) has signed a Memorandum of Understanding (MoU) with the Network of African Data Protection Authorities (NADPA) to provide ...
News
South Africa: South Africa spectrum auction raises almost $1 billion
The Independent Communications Authority of South Africa (ICASA/the Authority) concluded the radio frequency spectrum auction on Thursday. The auction involved six bidders, i.e. Cell C, ...
