Burundi, Zambia to enhance connectivity with underwater Fibre optic cable
Burundi and Zambia have entered into a landmark agreement to enhance their digital connectivity by installing an underwater fibre optic cable. The deal was formalized through a Memorandum of Understanding…
Vodafone, Google to boost Africa’s tech and cyberspace with new partnership
Vodafone, the parent company of pan-African operator Vodacom, has partnered with Google to bring cloud services, artificial intelligence (GenAI) and cybersecurity to African and European customers.Google has announced the extension…
The task ahead of Mozambique’s election winner
Mozambique is set told a general election on Wednesday, October 9, 2024. The election is coming on the back of huge economic uncertainty. The economic situation is further compounded by…
Egypt to strengthen IT sector with 5G licenses
All four of Egypt’s telecom operators are officially clear to offer 5G services just as the National Telecommunications Regulatory Authority (NTRA) awarded 5G licences to Vodafone Egypt, Orange Egypt, and…
Access Bank expands operations with new Namibia license
The Bank of Namibia has granted Access Bank a provisional license to open a commercial bank in the Southern Africa country.The company announced this to investors and the Nigerian Exchange…
Congo to tackle money laundering in mining sector
The Democratic Republic of Congo (DRC) is considering legal action against technology companies such as Apple in a bid to reduce money laundering from its eastern provinces.Eastern Congo is the…
African startups make $138 million in September 2024
African startups made a total of $138 million in September 2024 according to a report by the Big Deal. The amount includes equity, debt, and grants. The figure is a…
Burkina Faso to revoke mining permits of foreign firms
Burkina Faso’s military junta, led by President Ibrahim Traoré, is considering the revocation of mining permits held by several foreign companies as part of its strategy to increase gold production…
Afreximbank approves $20.8 million for sugarcane plant in Lagos
The African Export-Import Bank (Afreximbank) has approved $20.8 million financing for Nigeria’s Starlink Global and Ideal Limited to build and operate a 30,000 tonne per annum sugar cane plant in…
More companies declare investment interest in Angola
Angola is experiencing a sustained influx of investment, with various lenders and corporations declaring their intentions to either expand operations or invest in the nation.Angola is set to welcome US…
