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Author: Akin Naphtal
Akin Naphtal is an editor-in-chief and CEO of InstinctWave Group, with over 20 years of experience in Media, Marketing and Technologies.
Oswald Jumira, a seasoned technology executive, has been appointed as the new CEO of Liquid C2, the cloud and cyber security business unit of Liquid Intelligent Technologies, a leading pan-African group to lead Liquid C2’s expansion, innovation and strategy in the fast growing and dynamic markets of Africa. Oswald Jumira has over 15 years of experience in technology and business development across numerous African countries. He has a background in fintech and digital products in various sectors such as Agriculture, Healthcare, Logistics and Education. He was previously the CEO of Vaya Technologies, another business unit of Cassava Technologies. Also, he…
In a venture facilitated by the Ministry of Communication and Digitalisation (MoCD), UK-based private equity firm, Hannam Investments, has become the new private investor in AT Ghana (formerly AirtelTigo), marking a pivotal moment for the telecommunications company. A statement from the Ministry of Communication and Digitalization said, the newly formed partnership between Hannam Investments and AT Ghana is expected to enhance future communications, marketing materials, and branding initiatives. The collaboration symbolizes the beginning of a new era not only for AT Ghana but for Ghana’s entire telecommunications industry. Minister of Communication and Digitalization, Ursula Owusu-Ekuful, who played a key role…
Mobile Telecommunication Giant, MTN Ghana has recorded a profit of ¢2.77 billion, about 32% year-on-year growth in the third quarter (Q3) of 2023. The company’s Q3 financial performance report indicated that the growth was mainly driven by its three major services; data, voice and mobile money. MTN’s voice revenue increased by 14.5% year-on-year to ¢2.7 billion. The voice revenue it said contributed to service revenue declined from 33.4% to 28.1%. Its number decreased by a 9.3% year-on-year decrease to 25.8 million attributed to the communications regulator’s directive to SIM cards not registered with Ghana’s national identification card. In May 2023…
Ride-hailing giants, Uber and Lyft, have agreed to pay a combined sum of $328 million to settle New York Attorney General, Letitia James’, allegations that the companies systematically withheld pay and benefits from their drivers. The settlements come following a multi-year investigation into their practices. Under the agreement, Uber will pay $290 million, while Lyft pays $38 million, bringing resolution to the protracted investigation into their labour practices. The settlements include provisions to guarantee minimum hourly rates for drivers, offer paid sick leave, and provide notices and in-app chat support to address drivers’ questions regarding their earnings and working conditions.…
Meta, the parent company of Facebook and Instagram, announced on Monday that it will offer a new option for its European users to enjoy its social media platforms without seeing any Ads. The EU regulations threaten to curb Meta’s ability to personalize ads for users without their consent and hurt its major revenue source. The Ad- free subscription plan, which will be available starting next month, is a response to the growing regulatory scrutiny and public backlash that Meta and other tech giants are facing over their data collection and advertising practices. Meta was fined 390 million euros earlier this…
MTN Ghana has re-registered 600,000 previously blocked SIM cards due to the National Communications Authority’s (NCA) SIM card re-registration initiative. This represents 11% of the SIMs re-registered. The total number of outstanding disconnected SIMs currently stands at 4.9 million at the end of September 2023. Adhering to the SIM re-registration directive by the NCA, MTN blocked 5.4 million SIM cards that lacked registration with the Ghana card as of May 31, 2023. But it was able to re-register about one-eleventh at the end of September 2023 This consequently decreased its subscriber base by 9.3% to 25.8 million. The telecommunications giant…
In a historic moment for the future of artificial intelligence (AI), China, the United States (US), the European Union (EU), and over 25 countries have gathered at Bletchley Park, England, in a landmark summit to chart a course for safe AI development. This summit aims to address the rising concerns surrounding the rapid progress of AI and the imperative need for global cooperation in designing safeguards and regulations. It was initiated by British Prime Minister, Rishi Sunak, who aims to position the United Kingdom (UK) as an intermediary between the economic blocs of the United States, China, and the European…
Cybersecurity firm, CyberSOC Africa, has chosen Kenya as the springboard for launching an expansive cybersecurity endeavour across the African continent, and also enable Kenyan organisations flourish within a secure digital landscape. The establishment of the CyberSOC Kenyan office is set to bolster the cybersecurity defences of regional governments and the private sector. With the increasing number of services and transactions transforming to digital platforms, the Kenyan office’s mission is to enhance their capacity to respond effectively to evolving cyber threats. Additionally, the newly inaugurated office will serve as the East African headquarters, playing a pivotal role in promoting cybersecurity awareness…
Aiming to revolutionise Africa’s blockchain mining landscape, leading blockchain mining platform, Pacminer, has announced a $50 million joint venture with Ghanaian government agencies and blockchain companies. Pacminer debuted in Ghana in October 2022, introducing innovative approaches to employment and investment that have catalysed the growth of the mining market. This move garnered praise from over one million global users, establishing Pacminer as a force to be reckoned with in the blockchain mining industry. One of the cornerstones of Pacminer’s success has been its unwavering commitment to technological advancements. This commitment has translated into an industry-wide increase of over 20% in…
28 Countries attending the ongoing AI Summit in the United Kingdom (UK) have signed the “Bletchley Declaration”, an international agreement listing opportunities, risks and needs for global action on ‘frontier AI,’ systems that pose the most urgent and dangerous risks, the 28 countries, including the US, the UK, China, six EU member states, Brazil, Nigeria, Israel and Saudi Arabia. All these countries attended the UK’s AI Safety Summit, taking place in Bletchley Park, England, on November 1-2. The Declaration fulfils key summit objectives in establishing shared agreement and responsibility on the risks, opportunities and a forward process for international collaboration…

