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Bolt hits €2 billion in annual revenue
Bolt Founder and CEO Markus Villig has announced the global shared mobility platform has hit €2BN (R36BN) in annual revenue. Speaking on 20VC, the technology podcast hosted by entrepreneur Harry Stebbings, Markus described Bolt’s rapid growth since he founded the company as a teenager in Estonia in 2013 with just a €5000 loan from his
Google announces the 2024 cohort of its Black Founders Programme
Google recently unveiled the 2024 cohort of its Google for Startups Accelerator Africa: Black Founders programme. Coinciding with the Africa Tech Festival, the selected startups were revealed at an event that took place in Cape Town. As a part of the cohort, the tech startups are set to receive up to R 1 million (over $50
Standard Bank and Soapbox join forces on the UN SDG challenge SA
Standard Bank Group and Soapbox proudly announce the successful conclusion of the UN SDG Challenge South Africa, an eight-week collaboration aimed at tackling one of the most pressing issues of our time: sustainability. The initiative aims to advance and foster sustainable practices within South Africa’s business sector, as the 2030 deadline for the UN Sustainable
Curbing the emergence of deep fake scams
The rapid emergence and development of Artificial Intelligence (AI)systems has become so prevalent a subject, it dominates discussions and dialogue across a broad spectrum of sectors that encompass the commercial value chain. Business Tech Africa spoke to Zaakir Mohamed and Mawande Nontela, of Investigations and Forensics, regarding their perspective on the challenges that AI is
Breaking News today – Monday 18 November 2024
Business & Tech News Huawei Mate 70 Smartphone now Available: Huawei has opened up pre-orders for its Mate 70 smartphone model, this morning (18Nov), they announced this in a statement on its official WeChat account. They also announced It will hold an event for the Mate brand on Nov. 26. The company's online store on
(SPONSORED): Intelligence in Payments is the new norm
Absa Mobile Pay allows you to enjoy the best digital banking experience for your business. With an enabled tap-and-pay feature for Android smartphones, Near Field Communication (NFC) transactions can be made safely, quickly and easily. What a game changer! Get ready to turn your mobile device into a Point-of-Sale (POS) device – giving you the
MTN SA and Huawei complete the first 5.5G mobile network trial in South Africa
MTN South Africa, in strategic partnership with Huawei, has completed the first 5.5G network trial in South Africa at MTN Head Office, Johannesburg, South Africa. As a leader in 5G development in South Africa, MTN is once again leveraging the innovative technology of 5.5G to accelerate the journey towards a techno-centric continent, marking the arrival
Sungrow Southern Africa Celebrates Official Opening of PowerElec Kenya 2024
Sungrow Southern Africa is excited to announce its participation as the principal sponsor of PowerElec Kenya 2024, marking the official opening of the event today. Sungrow, one of the world’s leading providers of solar energy solutions, looks forward to forging new partnerships, meeting distributors, and engaging with local businesses at this key industry event. With a
Axis Communications introduces ACS Edge and Cloud Storage for AXIS Camera Station
Axis Communications, the global leader in security and network surveillance technologies, has launched two brand-new solutions within the AXIS Camera Station ecosystem. AXIS Camera Station Edge (ACS Edge) and AXIS Camera Station Cloud Storage (ACS Cloud Storage) transform network video management through edge cloud capabilities and enhance companies’ physical security and surveillance systems. The two
Nutanix Extends AI Platform to Public Cloud
Nutanix, a leader in hybrid multicloud computing, has announced an expansion of its AI infrastructure platform with a new cloud-native solution, Nutanix Enterprise AI (NAI). This can be deployed on any Kubernetes platform, at the edge, in core data centres, and on public cloud services like AWS EKS, Azure AKS, and Google GKE. The NAI
B-BBEE and SMMEs are the cornerstones of South Africa's economic growth
As South Africa prepares to celebrate National Entrepreneurship Month this November, The BEE Chamber emphasises the vital role that Broad-Based Black Economic Empowerment (B-BBEE) and Small, Micro, and Medium Enterprises (SMMEs) play in driving the nation’s economic growth. Zanele Shabangu, Consultant at The BEE Chamber, says: “B-BBEE and support for SMMEs are not just initiatives
Italian Agency for Development – African Focus on Agriculture
AICS or the Italian Agency for Development Cooperation, is one of several key innovations established by the Italian law on international cooperation. The Agency was formed in January 2016, with the aim of aligning Italy with its principal European and global partners to promote and assist with economic development. Its basic model reflects one used in the
Perspective on Investment in Africa – With Trevor Manuel
Business Tech Africa’s Editor, Greg Stewart (ED), spoke with Trevor Manuel (TM), the previous Finance Minister of South Africa and current Investment Envoy for the African Union, at the TEHA CEO Dialogue happening in Illovo Johannesburg currently form 14-15 Nov. ED: I asked Mr Manuel about his viewpoint on the investment landscape in Africa currently.
Unleash Premium Sound with Sony’s Black Friday Audio Collection
For many of us, Black Friday is the one day where even the most budget-conscious of us feel a sudden urge to splurge. It’s the perfect time to turn up the volume on life with top-tier audio gear. This year, Sony's Black Friday lineup is packed with deals on earbuds, headphones, soundbars, and speakers that’ll
Bitcoin smashes through R1.6 million exceeding all-time high on Luno
Cryptocurrency leader Bitcoin smashed through its previous all-time high of R1,321,541 million recorded on 3 June 2024 and was this morning trading on Luno at R1,618,339. The milestone followed an extraordinary rally which saw Bitcoin up a remarkable 10% over 24 hours. Following the US elections, Bitcoin reached a new all-time high in dollar terms, trading at
MTN announces permanent SuperFlex offering with exclusive R199 first-month promotion
SuperFlex, MTN’s online SIM-only offering that gives customers unlimited local voice calls and SMSs, plus the flexibility to choose how much data they want, now offers customers greater flexibility and enhanced features to ensure user-centric experiences. Starting from only R299 per month, SuperFlex requires no paperwork, no contracts, and no credit checks. Customers can pay
TEHA CEO Dialogue Tackles Development Challenges in Africa
Johannesburg – 14 November 2024: There are numerous high-level delegates and speakers in attendance at the 11th edition of the European House TEHA CEO Dialogue in Johannesburg today, who are all there in an effort to create meaningful discussions regarding the economical development on the African Continent. The key issues being explored are: African Development
November’s Must-Have Gadget: Why TCL’s Smart TV Is the Best Choice for Tech Enthusiasts
As the year-end season begins, TCL, a global leader in consumer electronics, presents its latest lineup of smart TVs as the ultimate tech upgrade for November. Packed with advanced features, TCL’s smart TVs offer an immersive blend of entertainment, connectivity, and convenience, making them an ideal investment for tech enthusiasts and households alike. TCL’s QLED
The New HUAWEI Smartwatch Widely Impressing Tech Experts
HUAWEI’s recent wearable releases have taken the tech world by storm and caught the industry off guard. Against all odds, the company is making its mark by continuing to push past the ceiling of innovation. Even its recent wearable release, the new HUAWEI WATCH GT 5 Series, has lived up to the hype. Having already
Breaking News today – Thursday 14 November 2024
Business & Tech News Headwinds for EV manufacturer: South Korean car maker Kia is expecting headwinds and tough market conditions in the near term, partly driven by economic conditions and also by international government policies. They are still, however, confident of hitting its target of selling 1.6 million electric vehicles annually by 2030, according to a