Author: Akin Naphtal

Rand Merchant Bank (RMB) recently announced that it now has a New York representative office, to facilitate greater US business flows into the African continent. RMB’s parent, FirstRand Bank, has received all necessary approvals from the United States Federal Reserve Board and New York State Department of Financial Services. RMB chief executive officer, Emrie Brown said that foreign investors are increasingly turning to Africa, with its vast natural resources, extensive markets, young population, and excellent technological prospects. The African Continental Free Trade Area agreement will also ease access into Africa, stimulate intra-regional trade and boost growth. Said Brown: “The new…

Olaseni Alabede, a veteran of the payments technology sector with more than 18 years of experience, has joined Global Technology Partners (GTP), an MFS Africa company, as chief technology officer (CTO). Acquired by MFS Africa in June 2022, the US-based GTP is the largest processor of prepaid cards in Africa, with more than 80 banks – including UBA, Ecobank, BIA, Stanbic, Coris, NSIA and Zenith Bank – using its platform. Prior to joining the GTP executive team, Alabede was the vice president of product development in MasterCard’s installments business. In this New York-based role, he was responsible for the design…

The Digital Economy Magazine, a leading voice in Technology, has declared Hon. Ursula Owusu-Ekuful, Minister of Communications and Digitalisation, Ghana as Digital Economy Magazine “Personality of the Week” for the month of Feb 5th-11th,2023 ranking. Hon. Ursula Owusu-Ekuful (MP) is the Minister for Communications and Member of Parliament for Ablekuma West Constituency within the Greater Accra Region in Ghana. She is a lawyer, advocate for women and children’s rights and was the MD of WESTEL, the second National Telecoms Operator, Managing Consultant with N. U. Consult, Legal, Governance and Gender Consultants and Chairperson for the Social Development Committee – which…

Teraco, a leading carrier-neutral data centre and interconnection services provider in South Africa, has secured a syndicated loan of ZAR 11.8 billion ($680 million) to fund the expansion of its key interconnection hubs located in Isando, Bredell, and Cape Town. The loan, led by Absa, was provided by several financial institutions and opens up the possibility for future funding. The loan will finance Teraco’s new data centre builds, which are designed to be sustainable and minimize their environmental impact. The builds reflect Teraco’s commitment to ESG goals, such as reducing energy consumption, water usage, and environmental impact. READ ALSO:SAP Partners…

With more businesses in West Africa adopting cloud technologies than ever before, the region is set to enhance its competitiveness significantly. Following years of disruption, and hampered by a lack of legacy investment into technology, West African businesses now have an opportunity to leapfrog tech adoption and leverage the cloud for rapid growth and success. Speaking according to the Managing Director, Titilayo Adewumi, SAP West Africa, says: “Companies across the region are adopting cloud to achieve greater scalability, improve their data and analytics capabilities, drive innovation and build greater resilience. A huge part of our success in supporting the region’s…

Tollring, a market leading software developer providing data visualisation and business intelligence tools has promoted Richard Jones to commercial director.This appointment comes just over a year after he joined the company as product manager. Jones will lead Tollring’s commercial propositions and strategies, as well as taking responsibility for overall revenues across all lines of business and routes to market. He will continue to own Tollring’s product management function. READ ALSO:UK Mobile Operator EE Delivers 5G Connectivity to the London Underground for the first time Ghana Joins Digital Cooperation Organization Ethiopian Airline set to Launch Passenger Service to Copenhagen, Denmark Jones…

UK mobile network operator and internet service provider EE has deployed its 5G network to parts of the London Underground.EE customers are now able to enjoy 5G connectivity on the London Underground, with the network’s high-speed coverage live at three stations – Archway and Tufnell Park on the Northern line, as well as Notting Hill Gate on the Central line. In addition to continuous 5G coverage from ticket hall to platform at all three stations, 5G is also live within the tunnel segment at Notting Hill Gate and the same will be true for Archway and Tufnell Park shortly. This…

The Digital Cooperation Organization (DCO) has welcomed Ghana as the newest Member State to join its international mission to realize digital prosperity for all Ghana becomes the 12th nation to ascend to the DCO, an international organization that was founded to support countries to build their digital economies as an essential driver of sustainable growth and development. A statement from DCO said “Ghana is well–established as a leader in utilizing the power of communications and digital technologies to support economic growth, adding that Ghana was the first country in sub-Saharan Africa to launch a cellular mobile network in 1992, and…

Ethiopian Airlines is set to launch a new passenger flight to Copenhagen, Denmark effective 22nd May 2023. The new flight will be operated five times a week except on Tuesdays and Sundays. Mesfin Tasew, Group CEO, Ethiopian Airlines: ”We are glad to open a new route to Copenhagen, Denmark which will be our 21st destination in Europe. With the launch of the flight, Copenhagen will become a crucial gateway for Ethiopian Airlines in northern Europe and southern Scandinavia. Thanks to the wide network of Ethiopian Airlines across Africa, the new flight will enhance the air connectivity between Europe and Africa…

Tech giant Samsung, recently announced the launch of its latest Galaxy S smart phones; Galaxy S23 Ultra, Galaxy S23+, and Galaxy S23. The global announcement took place in San Francisco, United States, while the local unveil took place at the Sarit Centre in Nairobi.The Galaxy S23 Ultra is a spiritual successor to the now-canceled Galaxy Note smartphone series. It has a built-in S Pen holster, just like the Galaxy S22 Ultra, but the 2023 model has flatter surfaces, and the screen’s side edges are not wrapping around the edges as much as they did in previous years. Some of the…