Author: Akin Naphtal

Nvidia has disclosed its plans to establish a base in Vietnam to develop the country’s semiconductor industry as it considers the Vietnamese market an important one, the Vietnamese government said, citing the U.S. chipmaker’s chief executive. In his first visit to the Southeast Asian country, Nvidia’s CEO, Jensen Huang, said the company viewed Vietnam as its home and affirmed its plans to set up a center in the country. “The base will be for attracting talent from around the world to contribute to the development of Vietnam’s semiconductor ecosystem and digitalisation,” the Vietnamese government statement cited Huang after his meeting…

In an era where the total data volume from enterprises globally is over 2.02 petabytes and growing at an annual rate of 42.2%, latency has become a buzzword for connectivity. Organisations are demanding high-speed, highly available solutions that can keep pace with their burgeoning data requirements. As data continues to explode, so does the need for connectivity platforms that offer higher data throughput, enabling organisations to transmit and receive data swiftly. Efficient data transfer is a critical component in our cloud-powered, digital economy. Enter Low Earth Orbit (LEO) satellites. This multi-orbit solution is frequently employed for high-end communication services such…

In an effort towards enhancing financial services for MTN subscribers in Ivory Coast, Optasia, a leading Fintech services provider, has announced the positioning of its Airtime Advance solutions in Ivory Coast through Mobile Telephone Network Cote D’Ivoire (MTN), a major telecommunications provider in the region. The Airtime Advance solution powered by Optasia is offered in Ivory Coast through MTN, Optasia’s long-standing partner, under the commercial name of “XtraTime”. Optasia will enable the approximately 17 million eligible customers to benefit from the airtime advance services supported by the cutting-edge scoring and delivery technology that the Optasia AI-led platform offers. Both teams…

Uber Technologies has announced that Austin-based Torchy’s Tacos, beloved across the country for their crave-able tacos, award-winning queso, and more, is now available for delivery with Uber Eats. This month over 100 Torchy’s Tacos locations will be added to the Uber Eats app across Arizona, Arkansas, Colorado, Florida, Indiana, Kansas, Louisiana, Missouri, North Carolina, Ohio, Oklahoma, Tennessee, Texas, and Virginia. In the statement, it read; “For the first time, customers can order for their favorite Torchy’s Tacos items for delivery through the Uber Eats app, including their award-winning Green Chili Queso and their rotating made-from-scratch tacos of the month. From…

Chinese tech giant, Huawei, is set to commence the construction of its mobile phone network equipment factory in France next year, according to an inside source. The initial plan, outlined in 2020 with a 200 million euros ($215.28 million) investment, faced delays due to the COVID-19 pandemic. The source did not provide a specific timeline for the factory in Brumath, near Strasbourg, to be operational. This move comes amid European governments restricting or banning the use of Huawei’s 5G equipment, citing security concerns. Despite such limitations, Huawei has continued to persist with its first European plant, signaling ongoing economic ties…

In my opinion, there is no deed too small in our digital literacy and inclusion fight. So, when we heard that Dark Fibre Africa had sponsored the transformation of a library into an ICT lab at a children’s home, we had to see what was what. The children’s home in question is the Village of Hope Children’s Home in Good Hope, Harare. I counted 10 computers and a projector and the furniture to use with that digital equipment. In addition, Dark Fibre Africa (DFA) will provide internet access in perpetuity. Great stuff. According to the report, 47 children housed at…

2bcloud, a leading next-generation multi-cloud managed service provider for tech companies on their cloud journey, has announced the successful cloud transformation of Tadiran Telecom, a telecommunications pioneer with more than 60 years of industry leadership. This digital evolution marks a significant milestone in Tadiran’s storied history, further cementing its global presence in more than 41 countries. With the cloud revolution reshaping the industry landscape, Tadiran Telecom recognized the need to modernize its legacy systems and solutions. The company’s transition from on-premises infrastructure to the cloud was driven by the necessity for scalability, agility, enhanced security, and a commitment to environmental…

A serial entrepreneur, innovative, and an excellent strategic businessman, Femi Aluko, the CEO of Chowdeck; the fastest, most reliable, and affordable on-demand food delivery company in Nigeria has become this week’s Digital Economy Personality of the week for the month, December 10th -16th, 2023 ranking. The Digital Economy Magazine, a leading voice in technology, has done a critical survey, and with recorded achievements and success stories, Chowdeck has emerged as part of our celebrated company for the week, as we found the CEO worthy, following his Impact for growth, and digital enablement in their day to day running of the…

China’s TikTok, is set to invest $840 million to acquire a significant portion of the e-commerce unit of Indonesian tech conglomerate GoTo, following Indonesia’s ban on online shopping through social media platforms in September. The new deal seems to be TikTok’s way of reenter the e-commerce service in Indonesia, after being forced to shut it down due to the social media e-commerce ban. As part of the deal, TikTok will purchase 75.01% of Tokopedia, Indonesia’s largest e-commerce platform and a part of the GoTo conglomerate. TikTok’s total investment in Tokopedia will amount to $1.5 billion, marking a strategic partnership that…

Africa-focused fintech, Chipper Cash, has laid off 15 people across various departments, primarily from its US team, in what is its fourth round of layoffs over the past year due to financial challenges. This new layoff comes six months after the removal of nearly a dozen roles, including its Chief Operating Officer, Alicia Levine. In a statement confirming the layoffs, Chipper Cash added that its business is “doing very well” despite recent headwinds. The company stated that it continually seeks efficiency in its global organization, and that only a small number of roles were affected by the restructuring. Chipper Cash…