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Glovo partners up with Siltech to introduce EV delivery services in select areas of Lagos
In a ground-breaking move set to transform Nigeria's food delivery landscape, leading food delivery startup Glovo has partnered with prominent electric vehicle (EV) manufacturer Siltech to introduce EV delivery services in select areas of Lagos. This collaboration aims to deliver significant cost savings and environmental benefits. The high cost of petrol has long been a
YoLa Fresh secures $7 million funding to transform smallholder farmers’ supply chain
Moroccan agritech startup YoLa Fresh has secured $7 million in pre-Series A funding to transform the supply chain for smallholder farmers and traditional retailers of fruits and vegetables. The investment round was led by Al Mada Ventures, with contributions from Algebra Ventures, E3 Capital, Janngo Capital, and the Dutch Entrepreneurial Development Bank (FMO). Founded in
EIB Global division invests €25 million investment in Amethis Fund III
The European Investment Bank’s (EIB) EIB Global division has made a notable €25 million investment in Amethis Fund III, a private equity fund active across Africa. This investment is designed to foster the growth of medium-sized businesses serving low- and middle-income populations, thereby encouraging economic growth and sustainable development in various sectors across the continent.
Are printers included in your business cyber security strategy?
With cybercrime rates in South Africa skyrocketing, businesses are increasingly conscious of the need to protect their in-office and remote IT set ups from ill-intentioned hackers. Yudheer Harbhajun Business Print Sales Manager for Epson South Africa, says that while businesses tend to focus on securing laptops and other smart devices on its network, they shouldn’t
Tech against intoxication – analysing the feasibility of alcohol-detection in South African driving
The sobering reality of drunk driving in South Africa demands bold solutions. Road accidents claim thousands of lives annually, with a significant portion attributed to alcohol-impaired drivers. While traditional measures aim to deter and punish, innovative technology like in-vehicle breathalysers could offer a potentially promising avenue for preventing drunk driving altogether. Focusing on South Africa,
Acer SpatialLabs eyes stereo camera captures moments and experiences in stereoscopic 3D
Acer today launched the SpatialLabs Eyes Stereo camera, its latest addition to its range of SpatialLabs 3D devices. The compact 3D camera can be used by photographers to capture stunning and stereoscopic images and view these in immersive 3D as it fully integrates with the SpatialLabs lineup of products. “The SpatialLabs Eyes Stereo Camera completes
SOUTH AFRICAN MOBILE OPERATORS ANNOUNCE NEW SERVICES TO COMBAT FRAUD
As part of the global GSMA Open Gateway initiative, South African operators will now be able to implement world-class Number Verification and SIM Swap – Application Programme Interfaces (APIs). They will be available to all mobile commerce and financial institutions and developers to create new services to combat digital fraud and protect South Africa’s 47 million mobile
Boeing Chooses Ethiopia for Continental Hub Due to Aviation Safety Excellence
Kenya, South Africa, and Ethiopia were all in contention to host the continental branch of the American aerospace giant, Boeing. However, Ethiopia emerged as the chosen location, thanks to its exemplary aviation safety record, which is among the best in Africa, according to Kenyans.co.ke. In March, Ethiopian Airlines made history by becoming the first African
KAZANG PAY WAS NAMED ‘MOST DISRUPTIVE FINTECH IN THE INFORMAL ECONOMY’
Kazang Pay, a card acceptance solution serving micro merchants in the informal market, has won the award for ‘most disruptive fintech in the informal economy’ at the Absa Commercial Payments Summit 2024. Kazang is part of JSE-listed Lesaka Technologies, Inc. This award recognises the fintech that has produced the most disruptive payments technology during the
HONOR Magic6 Pro Revolutionizes Smartphone Photography
The HONOR Magic6 Pro has made a significant impact in the smartphone photography arena, thanks to its revolutionary camera system. This device isn't just for capturing everyday moments; it is specifically designed to empower users, especially those passionate about action and sports photography, with a powerful toolkit and intelligent features. Triple Camera Power: Unveiling the
HUAWEI WATCH FIT 3: The Sleekest Health and Fitness Tracker To Date
The launch of the third edition of the most stylish fitness-focused smartwatch, the HUAWEI WATCH FIT 3, happened just a few weeks ago bringing with it huge changes on the inside and out, as well as comprehensive upgrades in the design and user interface. With a design language guided by "Fashion Squared," this smartwatch seamlessly
South Africa's Tourism Sector Flourishes with Record Growth
South Africa's tourism sector is experiencing a remarkable resurgence. The Ministry of Tourism's latest statistics reveal that over 2.4 million international visitors arrived between January and March 2024, marking a significant 15.4% increase compared to the same period last year. South Africa has become an increasingly popular destination for tourists from Ghana, the United Kingdom,
Kenya’s Digital and Sustainable Mobility Landscape Boosted by $250 Million DFC Financing
In a significant boost to Kenya’s digital and sustainable mobility sectors, the US International Development Finance Corporation (DFC) has announced a substantial $250 million financing package. This announcement came during President William Ruto’s State Visit to Washington in May 2024, highlighting the growing partnership between the two nations. The financing package includes a strategic mix
BYD Unveils Groundbreaking Hybrid Powertrain with 2,000 Kilometre Range
BYD has unveiled a revolutionary hybrid powertrain capable of traveling over 2,000 kilometres without recharging or refuelling, intensifying the competitive landscape against automotive giants Toyota Motor Corp. and Volkswagen AG. The advanced technology, aimed at extending BYD's lead over its traditional rivals, will be launched immediately in two sedans priced under 100,000 yuan (approximately R252,846),
Lagos State Dominates Innovation Funding in Nigeria: New Innovation Bill Under Discussion
Between 70 and 80 percent of Nigeria's innovation funding is directed towards Lagos State, according to Olatubosun Alake, the Commissioner for Innovation, Science, and Technology. This revelation was made during a stakeholder engagement forum at the Eko Innovation Centre, focused on deliberating the proposed Lagos Innovation Bill. At the event, Commissioner Alake highlighted Lagos State's
Nihka Technology Group Unveils Cutting-Edge Solutions for Cybersecurity
In an industry beset by fragmented product offerings, Nihka Technology Group has boldly upended conventional cybersecurity norms with the unveiling of a revolutionary risk mitigation methodology. The Johannesburg-based firm's pioneering governance-driven model represents a paradigm shift, tackling cyber exposures through an exhaustive suite of integrated, intelligence-led solutions. Diverging from the widespread tactic of simply peddling
Veeam University Launches New Cyber Resilience Education Programs
Veeam® Software, the #1 leader by market share in Data Protection and Ransomware Recovery, has announced new technical training and certification programs through Veeam University, which delivers Veeam technical training to IT professionals on-demand anytime, anywhere. The new online offering is the result of a global partnership with Tsunati, a Veeam Accredited Service Partner, revolutionizing
86% of Executives have already deployed Artificial Intelligence to enhance revenue
A new global study by Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a global leader in IT services, consulting, and business solutions, reveals that more than eight out of 10 (86%) of senior business leaders have already deployed artificial intelligence (AI) to enhance existing revenue streams or create new ones. The ‘TCS AI for
Retailers should prepare for an 1.8% uptick in consumer spending in 2024
South African retailers should get set for a recovery in retail sales between 2024 and 2026, according to a new report conducted on behalf of Capital Connect, a fintech that offers fast and flexible business funding to South African retailers. The report shows that total real retail sales are forecast to grow by 1.8% in 2024,
Tech Companies Must Stand Firm: Global Lessons for South Africa’s Upcoming Election
Artificial intelligence (AI) and technology have revolutionised many aspects of our lives, and elections are no exception. These tools can enhance the democratic process by improving access to information, voter registration, streamlining vote counting, and facilitating voter engagement, thereby securing greater protection of fundamental civil and political rights. However, the potential for misuse is equally