Author: Akin Naphtal

The Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, has officially announced that the investment profile in the nation’s telecommunications sector, comprising foreign direct investment (FDI) and local investment, has reached $75.6 billion as of 2021. Danbatta said, in 2018, investment profile in the sector stood at $68 billion, increasing to $70.5 billion in 2019 and $72 billion in 2020. At the end of 2021, the figure rose to $75,560,563,417.79 ($75.6 billion). The latest figure is the current official investment profile computed in the industry up from the initial $70 billion investment in the…

In a remarkable feat, Meta CEO Mark Zuckerberg announced that their newly launched social media platform, Threads, attracted over ten million sign-ups in a mere seven hours. Threads, described as a text-based counterpart to Meta’s photo-sharing app Instagram, aims to provide users with a distinct platform for real-time updates and public conversations. Available for download on Apple and Google Android app stores across more than 100 countries, including the United States, Britain, Australia, Canada and Japan, Threads offers users a microblogging experience similar to Twitter. Screenshots shared with the media demonstrate features resembling Twitter, suggesting that Meta Platforms is actively…

HONOR, a smartphone brand, has globally launched its HONOR 90 Series, featuring a remarkable 200MP Main Camera and a leading Quad-Curved Floating Display with eye-comfort technology. The device aims to empower the always-on generation to capture and share their everyday adventures in exceptional detail. CEO George Zhao emphasized HONOR’s commitment to empowering consumers with leading technology. The HONOR 90 boasts a powerful and versatile camera system, including a 200MP Main Camera with excellent low-light performance, a 12MP ultra-wide and macro camera, and a 2MP Depth Camera for accurate distance measurement. The device introduces a new Portrait Mode for creating exceptional…

The Ministry of Education (MoE) of India, Indian Institute of Technology (IIT) Madras, and the Ministry of Education and Vocational Training (MoEVT) of Zanzibar, Tanzania, have signed a Memorandum of Understanding (MoU) to set up the first-ever Indian Institute of Technology (IIT) campus outside India. IIT Madras and MoEVT Zanzibar will collaborate to establish the IIT campus, symbolizing the continuous friendship between these countries. The agreement was signed in the presence of the President of Zanzibar, Hussein Ali Mwinyi, and the External Affairs Minister of India, Subrahmanyam Jaishankar, highlighting the focus on people-to-people ties and strengthening educational partnerships. READ ALSO:…

Binance Academy, the educational division of leading cryptocurrency exchange Binance, has joined forces with online learning platform Coursera to provide extensive learning programs worldwide. This collaboration aims to offer educational opportunities to a wide audience through a comprehensive suite of courses launching in the coming months and beyond. The curriculum will cover a diverse range of topics, catering to individuals seeking a foundational understanding of blockchain, web3 and crypto technologies, as well as those aspiring to pursue careers in the blockchain industry. Upon successful completion of these courses, learners will receive digital certificates, validating their knowledge and enabling new prospects…

Bosch, a prominent global technology and services provider, has concluded its 2022 fiscal year with impressive results in the Middle East. The company recorded consolidated sales of 476 million euros ($519 million) in the region, showcasing a robust growth rate of 21% compared to the previous year. The remarkable performance in the Middle East can be attributed to the contributions from key business sectors, namely Mobility, Consumer Goods and Energy and Building Technology. READ ALSO: Egypt Attracts Major Mobile Manufacturers to Establish Factories as Part of Electronics Manufacturing Strategy Per Johansson, the General Manager of Bosch Group in the Middle…

The Ministry of Communications and Information Technology in Egypt has successfully attracted three prominent mobile phone and tablet manufacturers to establish factories in the country. With a combined investment of EGP 2 billion, these factories have a production capacity of 20 million mobile devices. The first factory is owned by Vivo, a well-known Chinese smartphone manufacturer. The second factory belongs to Nokia, a Finnish telecommunications company and the third factory is owned by Samsung, a renowned South Korean electronics company. READ ALSO: Nokia and Red Hat Collaborate to Integrate Core Network Applications with Open Source Platforms The establishment of these…

Nokia and Red Hat, a leading provider of open-source solutions, have entered into a strategic agreement to tightly integrate Nokia’s core network applications with Red Hat OpenStack Platform and Red Hat OpenShift. The partnership aims to provide enhanced support and evolution for existing Nokia Container Services (NCS) and Nokia CloudBand Infrastructure Software (CBIS) customers, while also offering a pathway for gradual migration to Red Hat’s platforms. Under the agreement, Nokia will continue to directly support its customers, while Red Hat will play a key role in providing ongoing development, services and advanced care for Nokia NCS and CBIS. As customers’…

The Tunisian government, led by Prime Minister Najla Bouden, held a ministerial working session at the Government Palace in Kasbah to discuss the work plan for the activation of the auto-entrepreneur system. The meeting aimed to enhance coordination among relevant stakeholders and expedite the establishment of an electronic platform to facilitate enrollment in the system. As part of Tunisia’s e-governance program, known as “Govtech”, the auto-entrepreneur system plays a crucial role in supporting the digital transformation of public services. The program, implemented in collaboration with the World Bank, seeks to extend social security coverage to individuals engaged in various sectors…

The Sharjah Research Technology and Innovation Park (SRTIP) and the Sharjah Oasis for Technology and Innovation (SOTI) are joining forces in a merger aimed at enhancing the United Arab Emirates’ knowledge economy and its reputation as a thriving hub for entrepreneurship. Sheikha Bodour Al Qasimi, the Chairperson and President of SRTIP, believes that this move will bring significant benefits to the country. As part of the merger, SRTIP will incorporate SOTI and consolidate their resources and expertise to establish an independent Free Zone Authority (FZA). Consequently, the structure of SRTIP will undergo changes to reflect the form and function of…