Author: Akin Naphtal

In a move to future-proof its mobile infrastructure, VodafoneZiggo has announced a landmark three-year agreement with its long-term technology partner, Ericsson. The deal initiates a massive program to upgrade and expand the mobile network across the Netherlands, aiming to meet soaring data demands and drive national digital innovation. The ambitious initiative will see enhancements across 3,000 sites, preparing the network for expected growth in mobile data usage. The upgrade is designed to ensure a seamless and reliable experience for users nationwide while unlocking new possibilities for consumers, businesses, and the Internet of Things (IoT). A key component of the rollout…

Vertiv Holdings Co, a global leader in critical digital infrastructure, announced Monday that it has agreed to acquire Purge Rite Intermediate, LLC (“PurgeRite”) from Milton Street Capital LLC in a deal valued at approximately $1.0 billion in cash at closing, with up to an additional $250 million contingent on meeting 2026 performance targets. The acquisition, based on the initial $1.0 billion price, equates to about 10.0 times PurgeRite’s expected 2026 earnings before interest, taxes, depreciation, and amortization (EBITDA), including anticipated cost synergies. The multiple is projected to drop below 10.0x if the earn-out is achieved. Vertiv expects the deal to…

In a strategic move set to redefine digital banking across the continent, Absa Group has announced a landmark partnership with global technology leader, Huawei to implement a cutting-edge Private Cloud Solution. This initiative marks a significant leap in Absa’s journey to become a digital-first, cloud-native organization. The new platform, developed on Huawei’s robust cloud infrastructure, is designed to accelerate the bank’s ability to deliver faster, more personalized financial services. A key focus of the deployment is ensuring local data sovereignty and compliance with the diverse regulatory requirements across Absa’s extensive Pan-African markets. The collaboration is poised to fast-track innovation in…

Digital Realty, the world’s largest provider of cloud- and carrier-neutral data centers, has officially opened its inaugural facility in Ghana, a major milestone in the company’s African expansion. The new Accra data center, known as ACR2, is strategically located in the capital’s digital corridor, surrounded by dense fiber networks and with direct on-ramps to the 2Africa subsea cable system – one of the largest submarine cable projects ever deployed on the continent. With an initial 1.7 MW of IT capacity, ACR2 is designed to serve as a high-connectivity hub for enterprises, financial institutions, telecommunications operators, cloud providers, and government entities…

Vertiv, a global leader in critical digital infrastructure, announced Tuesday the launch of its gigawatt-scale reference architectures tailored for NVIDIA’s Omniverse DSX Blueprint, a move designed to accelerate generative AI deployments and reduce Time to First Token on platforms like NVIDIA Vera Rubin. The announcement coincides with NVIDIA’s unveiling of its AI Factory Research Center in Manassas, Virginia, positioning Vertiv as a key enabler in building multi-generational, gigawatt-class AI factories that address surging demands for power, cooling, and scalability in the AI industrial revolution. Unlike traditional one-size-fits-all designs, Vertiv’s architectures offer flexible deployment options—including stick-built, hybrid, and fully prefabricated models…

Fortinet commemorated its 25th anniversary since its founding in 2000, celebrating a quarter-century of delivering the world’s most trusted and validated cybersecurity solutions, a milestone acknowledged with gratitude toward the Nasdaq for its recognition. Under the leadership of co-founders Ken Xie and Michael Xie, the San Francisco Bay Area-based company has grown to serve over 890,000 customers globally, reporting a robust $1.778 billion in billings for Q2 2025, underpinned by a portfolio of more than 50 enterprise-grade products and a staggering 1,401 global patents as of June 30, 2025. The occasion highlights Fortinet’s unwavering commitment to innovation, evidenced by the…

The Communications Authority of Kenya (CA) has unveiled a promising outlook for the nation’s broadband sector, reporting significant growth and a fiercely competitive landscape that underscores the country’s thriving digital ecosystem. According to the latest data released today, Safaricom PLC dominates the market with a commanding 34.3% share, cementing its position as the leading telecommunications provider, while Jamii Telecommunications follows with a robust 20.6% and Wananchi Group secures 12.7%, reflecting a dynamic shift in market dynamics. This surge in connectivity highlights Kenya’s rapid expansion into a digital powerhouse, driven by increasing demand for high-speed internet and innovative service offerings across…

ZTE Corporation and MTN Uganda celebrated ten years of strategic collaboration under their Managed Services partnership. The occasion underscored a shared vision to deepen digital inclusion through AI-powered solutions and next-generation connectivity across Uganda. The anniversary event, held in Kampala, brought together senior leaders and executives from both tech and telecom giants to reflect on a decade of shared progress in network innovation, reliability, and customer satisfaction, setting the stage for future advancements in intelligent broadband and network automation. Since its inception, the partnership has revolutionized Uganda’s telecommunications landscape, with ZTE describing the jointly built network as “one of the…

NVIDIA has injected capital into Cassava Technologies as part of a $720 million funding round aimed at building the continent’s first AI factory and upgrading data centers with advanced supercomputing capabilities. The investment , highlihts NVIDIA’s deepening commitment to emerging markets and positions Cassava—founded by Zimbabwean billionaire Strive Masiyiwa—as a pivotal player in bridging Africa’s digital divide through homegrown innovation. Hardy Pemhiwa, President and Group CEO of Cassava Technologies, hailed the partnership as a transformative milestone. “Cassava is Africa’s leading technology company, driving the continent’s digital transformation with digital infrastructure and digital services; securing this investment is an important milestone…

Building on the resounding success of its 8th edition, which illuminated groundbreaking achievements across Africa’s ICT and digital economy landscape, the prestigious Tech Innovation Awards (TIA) announces the launch of its 9th annual award event, slated for November 29, 2025, at the Oriental Hotel in Victoria Island, Lagos. The tech award event will recognize and celebrate Africa’s foremost innovators, policymakers, and industry titans to honour those propelling the continent’s digital transformation through cutting-edge technologies and forward-thinking solutions in telecom, AI, fintech, and beyond. Organized by InstinctWave Group in partnership with Digital Economy Magazine, the 9th TIA highlights Nigeria’s pivotal role…