Author: Akin Naphtal

Vertiv, a global provider of critical digital infrastructure and continuity solutions, has signed a distribution partnership with iPoint to strengthen its position in Bahrain and the GCC (Gulf Cooperation Council). As digitalisation, 5G, the Internet of Things, big data, data analytics, and other technological advances and innovations boost growth, companies are seeking advanced solutions to optimise operations. Through this collaboration, Vertiv will leverage its expertise to enrich iPoint’s existing portfolio by introducing robust power and IT infrastructure solutions tailored specifically for data centres and edge applications. Improved access This distribution partnership will further provide customers and partners in Bahrain and…

Gaming revenues are expected to almost double by 2027 from 2021 in the Middle East and North Africa (MENA) region, reaching $6 billion, according to DMCC’s latest Future of Trade 2023 report. The report titled ‘Gaming in the Middle East and North Africa (MENA): Geared for growth’ noted that a young and digital-savvy population, high levels of digital connectivity, and government support are driving the region’s emergence as a consumer and creator hub. Dubai-based DMCC is a top freezone and a leading trade and enterprise hub for commodities. The UAE and Saudi Arabia lead the region, supported by high income…

Xiaomi Corp’s Indian arm has partnered with electronics manufacturer Optiemus to start making wireless audio products in the country. This move by the company is in a bid to further localise its operations. Xiaomi India will make its first local audio gadget at Optiemus Electronics’ factory in the northern state of Uttar Pradesh, the company said in a statement, reiterating that it was targeting a 50% increase in the production of components locally sourced by 2025. READ ALSO:Kodak Alaris signs CoCre8 Technology solutions as a distributor in the Southern African Region New integrated payment platform to be launched in Africa…

Kodak Alaris, a global technology company focused on providing solutions to digitize and manage business information, has signed a distribution agreement with CoCre8 Technology Solutions, a leading provider of software and hardware solutions for businesses in the Southern African region. The agreement enables CoCre8 to distribute the Kodak Alaris portfolio of document scanners, capture software, and professional services to customers across the Southern African region. The partnership will allow businesses to access the complete portfolio of innovative and industry-leading solutions from Kodak Alaris, helping to streamline business processes, improve efficiency, and reduce costs. CoCre8 has a strong reputation for providing…

Africa’s leading entertainment company, MultiChoice Group, Rapyd and General Catalyst have announced a joint venture aimed at developing an integrated payment platform for Africa. The joint venture will operate under a new company, called Moment. Moment offers expanded payment infrastructure for businesses across Africa to help them collect and make payments easier, quicker, and more affordable in any manner that their buyers or suppliers prefer. Moment will also offer additional options for consumers to spend and save money more wisely. The aim is to transform the African payments landscape by making digital payments more accessible and reliable for domestic, cross-border and global payments. Speaking…

Olugbenga ‘GB’ Agboola, the CEO of Flutterwave, a leading payments technology company in Africa, has been selected to join the prestigious Wall Street Journal (WSJ) CEO Council. Comprising 350 CEOs from various industries, the council represents companies with a collective workforce of over 11 million employees and generates an annual revenue of $4.48 trillion. It serves as a platform for influential leaders to engage in conversations and exchange ideas. Agboola’s inclusion in the WSJ CEO Council recognizes his significant contributions in developing fintech solutions for organizations and financial institutions, including PayPal, Standard Bank and Google. His previous fintech venture focused…

SAP SE made significant announcements at SAP Sapphire in Orlando, introducing a range of innovations and collaborations that enable customers to navigate an uncertain future with confidence. These groundbreaking developments include the integration of responsible AI into business solutions, the implementation of ledger-based accounting for carbon tracking and the establishment of industry-specific networks to enhance supply-chain resilience. By leveraging these advancements, SAP is empowering customers to transform their business models in the cloud, prioritize sustainability in their operations and enhance their agility to thrive amidst ongoing changes. READ ALSO:Abu Dhabi’s Integrated Transport Centre Partners with Google to Enhance Traffic Efficiency…

Abu Dhabi’s Integrated Transport Centre (ITC) has entered into two agreements with Google, underscoring the United Arab Emirates’ commitment to advancing AI research and sustainability. The announcements were made during an event at the Mohamed bin Zayed University of Artificial Intelligence (MBZUAI), where the ITC unveiled two groundbreaking initiatives. One of the initiatives, named Project Green Light, employs AI techniques to collect and analyze traffic data at intersections. By leveraging this analytical system, the ITC aims to enhance the efficiency of traffic lights, alleviating traffic congestion and reducing CO2 emissions across the emirate. READ ALSO:Nvidia’s AI Potential Ignites Investor Excitement…

Nvidia Corp, the chip designer, witnessed a significant surge in its shares, rising approximately 28% after its stellar outlook revealed the untapped potential of artificial intelligence (AI) in the company’s future. The stock rally, which has already doubled Nvidia’s value in 2023, prompted analysts to reassess their price targets and led to a broader rally in the chip sector and AI-focused firms. READ ALSO:Altair Partners with Redington to Expand its Reach in the Middle East and Africa Neuralink Receives FDA Approval to Test Brain Implants in Humans Dubai Emerges as a Leading Hub for Crypto and NFT Businesses in the…

Altair, a global leader in computational science and artificial intelligence (AI), has announced a partnership with Redington, an integrated technology solutions provider. Redington will join Altair’s channel partner network and serve as a channel partner for the Middle East and African regions, delivering Altair’s portfolio of data analytics and simulation solutions. By joining forces with Redington, Altair aims to tap into the Middle East and Africa market, which is known for its openness to adopting advanced technologies. The collaboration will enable customers in the region to leverage Altair’s cutting-edge solutions and benefit from Redington’s extensive market expertise. READ ALSO:Neuralink Receives…