Author: Akin Naphtal

World’s biggest crypto company, Binance has announced plans to increase its workforce in 2023 by between 15% and 30% amidst a tech industry downturn that has seen rival crypto exchange companies lay off employees, per a report by CNBC. During 2022, Binance increased its headcount from 3,000 to almost 8,000, according to CEO, Changpeng Zhao while speaking at the Crypto Finance Conference in Switzerland recently. READ ALSO:Africa Data Centres enables remote peering through the INX-ZA partnership Cloudflare Announces Expansion of Its Relationship with Microsoft Canada’s Iristel furthers global expansion with service introduction into Kenya Market With the new hiring drive,…

Africa Data Centres, a business of Cassava Technologies, a pan-African technology group, has announced it is now offering remote peering through its partnership with INX-ZA, further advancing the data centre giant’s development in sub-Saharan Africa. In essence, remote peering is peering at an Internet Exchange without the requirement of being physically present. Customers can use  any Network Service Provider’s infrastructure to reach the IXPs, so they do not need to invest in any extra  equipment. INX-ZA is a division of the Internet Service Providers’ Association (ISPA) of South Africa and operates a fully neutral, community-run Internet exchange point in South…

Cloudflare’s comprehensive email security & data protection tools has been announced and will help secure enterprises against phishing attacks On Tuesday Cloudflare announced Digital Experience Monitoring, an all-in-one dashboard that helps CIOs understand how critical applications and Internet services are performing across their entire corporate network. When employees left the office in 2020, IT teams suddenly lost crucial visibility, slowing them down, wasting countless hours in investigation, and clogging up valuable resources with maintenance. According to Gartner, “by 2026, at least 60% of I&O leaders will use Digital Experience Monitoring to measure application, services and endpoint performance from the user’s…

Cloudflare announced an expansion of its partnership with Microsoft to help joint customers easily deploy, automate, and enhance their organisation’s Zero Trust security. The new integrations between Cloudflare One and Microsoft Azure Active Directory aims to help businesses deploy seamless Zero Trust security without making modifications to lines of code Microsoft and Cloudflare operate on a tightly interconnected network, with 7 Private Network Interconnects (PNI) and 110+ public peerings. READ ALSO: Canada’s Iristel furthers global expansion with service introduction into Kenya Market Former ICASA Exec Joins MultiChoice Africa Report Shows Fintech is the Most Vibrant Sector in Kenya As Australian…

Iristel, a global telecommunications service provider, has announced its expansion into Kenya. This expansion provides Iristel a presence in Africa, as it looks to expand its wide range of communications solutions to new emerging markets. Company CEO Samer Bishay @SBishayIRIS states: “It is an exciting day as we are pleased to bring Kenya businesses carrier grade communication solutions. We will begin with our best-in-class wholesale services and expand our product offering in the coming months.” READ ALSO: Former ICASA Exec Joins MultiChoice Africa Report Shows Fintech is the Most Vibrant Sector in Kenya Google Plans to Charge 16% VAT on…

Apple is once again rumored to be introducing solid-state volume and power buttons with the iPhone 15 Pro and iPhone 15 Pro Max, with respected industry analyst Ming-Chi Kuo claiming that the new devices will feature additional Taptic Engines to simulate the feel of physical buttons. Apple first introduced a non-moving solid-state home button with the iPhone 7, which simulated the feel of a physical press by using the Taptic Engines to mimic the feel of a press by providing haptic feedback to offer the illusion of clicking and moving parts. READ ALSO: IBM Australia Reaches Five-Year $725 million Agreement…

As part of its financial reform efforts, the Indonesian government is set to launch a cryptocurrency exchange in 2023, Bloomberg reports. This announcement follows the ratification of the Financial Sector Development and Reinforcement bill (P2SK) by the House of Representatives, which seeks to establish itself as the primary legal reference in the financial service sector. It is worth noting that while cryptocurrency is not considered legal tender in Indonesia, it can be traded in the commodity futures market for investment purposes. Data from Bappebti reveals that the value of cryptocurrency transactions in Indonesia fell by half in 2022, from IDR…

The London School of Economics and Political Science (LSE) has launched a £50 million global initiative, the 100x Impact Accelerator, aimed at shaping a new generation of “social unicorns.” The program is dedicated to nurturing high-potential social enterprises and enabling them to achieve positive impact on a massive scale. The goal of the 100x Impact Accelerator is to identify the key ingredients that enable impact-driven organizations to think bigger and achieve more. It utilizes the successful business accelerator model from the private sector and aims to demonstrate how impact-driven organizations can break the cycle of grant-seeking and weak governance, which…

A global payment solutions business, along with a number of interested parties, has announced its plan to acquire a prominent British fintech company Railsr. Based in the UK, the startup specialises in so-called embedded finance solutions such as banking services and has been under pressure amid a tough funding environment. The company reportedly laid off 16% of its staff last November despite closing a $46 million Series C funding a month earlier at a significantly reduced valuation, per reports.In all, Railsr has raised over $100 million in equity funding from investors including Visa.Sources said that existing shareholders at Railsr are…

Telecommunications giants, MTN Group is in the early stages of deliberations to divest some of its smaller operations in West Africa as its focuses on core markets, Bloomberg reported citing people familiar with the matter said. The Africa’s biggest mobile phone company is currently reviewing its portfolio in the region to identify which assets might be sold off. However, the company’s assets in Nigeria and Ghana, its largest markets in West Africa, are not included in this review, the sources confirmed. READ ALSO:eSIM Market Value to Grow from $4.7 Billion in 2023 to $16.3 Billion by 2027, says Report Elon…