Author: Akin Naphtal

Tanzanian fintech startup NALA has officially launched in the European Union (EU), adding 19 new countries to its list of send countries and aiding its mission of connecting Africans globally. NALA is an African payments company and money transfer app that enables users to make secure and reliable payments from Europe, the UK and US to Tanzania, Kenya, Rwanda, Uganda and Ghana in seconds. The company has now launched in the EU by adding 19 new Eurozone nations to its list of send markets. After expanding from the UK to the US earlier this year, NALA has grown rapidly via…

After several years of development, Apple’s first major step into the metaverse—a high-end, mixed-reality headset—will reportedly be unveiled to the world for the first time this spring. According to recent report, the tech giant is likely to show off its hybrid headset in the coming months, ahead of its annual Worldwide Developers Conference (WWDC), which typically takes place in June. Some third-party developers are reportedly already building apps for the device, which may be called the Reality Pro. After the spring announcement, the combined augmented reality (AR) and virtual reality (VR) headset will reportedly be released later this year, alongside…

The global economic slowdown trend could continue in 2023, even leading to a mild recession. Particularly, the United States is at an increased risk of recession because of a delayed effect of the Federal Reserve’s aggressive interest rate hikes and other tightening monetary policies, increased downward pressures on demand in its labor market, and an insufficient consumption momentum. The continued impact of the energy crisis, declining external demand, and tighter monetary policies could lead even the European economy to stagnate in 2023. READ ALSO: Meta Launches Live Roll-Out of VRS System to Mitigate Unintended Bias in Ad Exposure Orange Signs…

After developing the system in partnership with the Department of Justice for more than a year, Meta has now released the first stage of live deployment for its Variance Reduction System (VRS) for housing ads, which is designed to reduce bias, and increase the equitable distribution of ads across Meta’s apps. As explained in this overview, Meta’s VRS system measures the actual audience reach for each ad, and ensures a broader spread of exposure, based on various audience factors. As explained by Meta: “The VRS uses new machine learning technology in ad delivery so that the actual audience that sees…

One of the world’s leading multi-service telecommunications groups, recently announced the signature of a memorandum of agreement with Reservoir Sun, a leading player in self-supply solar electricity systems for companies and local government, to set up a photovoltaic power station in Bercenay-en-Othe (Aube).The station is due to go online in 2025. The project’s first major milestone is the environmental impact analysis. To fulfill its environmental commitments, Orange is increasingly turning to renewable sources of energy and wishes to accelerate this transition by making the most of solar energy on its tertiary and technical sites. The Group will therefore deploy its…

Orange and the Canal+ Group recently announced the signature of a memorandum of understanding anticipating the acquisition by the Canal+ Group of all capital held by Orange in the OCS pay TV package and in Orange Studio, the film and series co-production subsidiary. The Canal+ Group will become the sole shareholder of the two companies following this transaction. The quality of OCS service and content – currently distributed by all ISPs as well as within Canal+ cinema series offers is recognized by both industry professionals and consumers. Orange Studio has more than 200 co-productions to its credit as well as…

The Digital Economy Magazine, a leading voice on all things technology, has named Yonas Beshawred, Founder and CEO of Stackshare US as Digital Economy Personality of the week for the month of Jan 8th-Jan 14th,2023 ranking.Yonas Beshawred is the founder and CEO of Stackshare, a developer-only community of engineers, CTOs, VPEs and developers from some world’s top startups and companies. StackShare is a platform allowing software developers and tech companies to share their tools and how they use them. A graduate with a degree in business, Beshawred previously worked for one of the world’s largest consulting firms, Accenture, for 18…

AGL Energy, an Australian energy provider has teamed up with Microsoft to deploy a new innovative cloud-based data platform in order to comply with the Consumer Data Right (CDR) legislation of the country. This move will give consumers the power to access their own data and open up new ways for AGL to give personalised customer service. In August 2019 the CDR was passed by the Australian Government to give consumers more control over their data by allowing them to choose who they want to share it with and how it should be used. Under the rules, consumer data can…

Safaricom board chairman John Ngumi has resigned from the role barely 6 months after his appointment in July last year. According to a statement from the telco, Ngumi’s resignation took effect on December 22 and a new Chairman will be elected in the coming weeks. Ngumi leaves the Board to focus on developing green energy generation across Africa with an emphasis on green hydrogen. “In the brief period following his appointment to the Board, John has provided a wealth of industry knowledge and vast expertise. He has steered the Company through a general election and supported the entrenchment of our…

Over 60 million active SIM cards have been verified as the Tanzania Communications Regulatory Authority (TCRA) reminds SIM mobile phone services subscribers with unverified cards to comply before end of this month. There has been a positive response from the recent appeal by the TCRA on mobile phone services subscribers to verify the status of the registration of their SIM cards. READ ALSO: Rwanda Secures €37 Million to Digitize Public Services, Boost Drone Industry Apple to prioritise xrOS development over iOS 17 The World’s First ID App for Dogs and Cats Unveiled by Petnow The regulator has announced that unverified…