Author: Akin Naphtal

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…

Elon Musk’s start-up, Neuralink, has announced that it has obtained approval from US regulators to conduct tests of its brain implants in human subjects. The approval from the US Food and Drug Administration (FDA) marks a significant milestone for Neuralink’s technology, which aims to establish a direct interface between the human brain and computers. In a tweet, Neuralink expressed excitement about receiving FDA clearance for its first in-human clinical study, regarding it as an important initial step. However, the start-up has not yet opened recruitment for the clinical trial. READ ALSO:Dubai Emerges as a Leading Hub for Crypto and NFT…

Dubai, a prominent financial center in the Middle East, has positioned itself as a thriving hub for blockchain technology and cryptocurrency businesses. The city has gained recognition for its progressive approach to exploring blockchain and has even introduced its own blockchain-based payment system called emCash. Entrepreneurs looking to venture into the exciting world of crypto and NFTs can find an ideal base in Dubai. The emirate offers a strategic location, a favorable regulatory environment and a dynamic economy, making it an attractive destination for launching crypto and NFT businesses. READ ALSO:PayerMax Showcases Cutting-Edge Digital Payment Solutions at Seamless Middle East…

PayerMax, a leading digital payment solutions provider, successfully participated as a gold sponsor at Seamless Middle East 2023, held on 23-24 May. The company seized the opportunity to exhibit its innovative payment solutions and share industry expertise with peers in the region. Essay Zhu, Chief Operating Officer at PayerMax, delivered a keynote address at the event, focusing on the role of digital payments in shaping a cashless society in the MENA region. READ ALSO:Renault Trucks and Al Masaood Launch the First Fully Electric Waste Truck in the UAE The ENTERTAINER Partners with Spades for Seamless Voucher Redemption and Payment Experience…