Author: Akin Naphtal

The 2Africa subsea cable has landed at the Vodacom network facility in Gqeberha, South Africa. Vodacom said this is the first submarine cable landing in the Eastern Cape region, and promises greater internet capacity, acceleration of connectivity across the province and support for South Africa’s growing digital economy. The 2Africa Consortium includes eight international partners, China Mobile International, Meta (Facebook), MTN GlobalConnect, Orange, center3 (stc), Telecom Egypt, Vodafone/Vodacom and WIOCC, who have partnered to build 2Africa. Launched in May 2022, the subsea cable project aims to significantly increase the capacity, quality, and availability of internet connectivity between Africa and the…

Cashlinq, a Zimbabwean fintech startup has developed a software-as-a-service platform that can be used to power digital banks, MNO wallets, microfinance systems, or the low KYC accounts and wallets of traditional banks. Formed in 2022 by four co-founders to rival the expensive foreign-based solutions to meet the needs of the unique and volatile African markets, Cashlinq offers digital banking solutions designed for African financial institutions. READ ALSO: NextG Announce the Appointment of Ramachandran as new CTO Haviv Ilan Assumes Duties as CEO of Texas Instruments Alibaba Cloud launches Its First International Product Innovation Center and Partner Management Center Its offerings…

Leading 360-degree retail sales and execution company NextG Apex rolls out a new tech roadmap to become an execution expert in the offline business trade. According to the company, his appointment came at a time of growth for the company as he will be responsible to fill the current technological gaps in the business and use data analytics to offer intelligent decision-making to its brand partners. The company will upgrade and modernize traditional distributors and retailers by making use of technology. READ ALSO: Haviv Ilan Assumes Duties as CEO of Texas Instruments Alibaba Cloud launches Its First International Product Innovation…

Colombian SME financing fintech KLYM, formerly known as Omni Latam, announced a $27 million investment round led by JPMorgan and the International Finance Corporation (IFC). The IFC is a World Bank entity that focuses on the private sector in developing countries. The startup already had an alliance with JPMorgan related to customer financing. With this round, the Colombian company has raised more than $200 million in financing, although approximately half of that amount corresponds to equity. READ ALSO:Alibaba Cloud launches Its First International Product Innovation Center and Partner Management Center Sage Revenue Grows to £517m Haviv Ilan Assumes Duties as…

EDS Technologies has announced the launch of its new business consulting division with a focus on digital transformation which aims to foster sustainable innovation in product design, engineering and manufacturing. This new division is in line with the overall company growth strategy of consolidating its leadership position and becoming a single point technology provider to its customers. As pointed out by NASSCOM, the Indian manufacturing industry will see increasing adoption of a combination of Digital Insights, Digital Continuity and Digital Convergence, which will help the Indian manufacturing sector to meet national growth targets. EDS Technologies’ solutions are used by more…

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, unveiled at the Alibaba Cloud Singapore Summit 2023 its first international product innovation centre and partner management centre, to further enhance customer services and better facilitate customers’ digitalisation journey. The new Product Innovation Center will help facilitate future roadmaps for developing more market-specific solutions, and will oversee the management of product upgrades based on ongoing global customer demands. To better serve local customers’ needs, the Partner Management Center will be launched to delve into local collaborations to deepen the sharing of leading technologies and domain expertise amongst partners. These…

Business software provider Sage has announced that it has grew its revenue to £517m in the last quarter of 2022. The 12% surge in revenue means the Newcastle-based software firm is on track to meet its revenue growth forecast for 2023. Two areas in particular that helped Sage grow its revenue are cloud sales, which rose by 31%, and its software subscription sales, which rose by 18%. “Sage has made a strong start to the year, in line with our expectations, as Sage Business Cloud solutions help more customers improve their productivity and resilience,” said Jonathan Howell, CFO of Sage.…

Haviv Ilan is to take over as president and chief executive officer (CEO) of Texas Instruments from April 1. He replaces president and CEO, Rich Templeton, who will remain chairman of the board. Haviv, currently chief operating officer, is a 24-year veteran of TI. He took over as COO in 2020 after a turbulent period. Brian Crutcher resigned as CEO shortly after being appointed in 2018 as a result of violations of the company’s code of conduct. The violations were related to personal behaviour that were not consistent with TI’s ethics and core values, but not related to company strategy,…

The London predictive analytics software provider to the social housing sector, has appointed a new chief executive officer, Paul Evans which was announced by the board of directors, with effect from 1 January 2023.Paul comes from the position as Chief Operating Officer at Mobysoft and has been with the company for over 7 years. Mobysoft is a predictive analytics software provider to the social housing sector. Its software solutions, used by over 180 housing providers, help them to harness the power of intelligent technology by, optimising income, whilst treating tenants consistently, fairly and respectfully with RentSense. And optimising the quality…

André Gardella has been appointed as CEO of Treezor, the leader in Banking-as-a-Service and embedded finance. His role will be to continue to develop Treezor’s diversification and internationalization strategy. Treezor is a Societe Generale group subsidiary and its business activities are rapidly growing in Europe. André Gardella succeeds Didier Lallemand, who will be able to fully devote his time to his position as Managing Director of Societe Generale Ventures. READ ALSO: South Africa Protech Startup Flow Secures $4.5m Funding for Global Expansion Why Indifferent on if companies should invest in ChatGPT? Kenyan Clean Energy Startup iGas Launches Digital LPG Marketplace…