Author: Akin Naphtal

Akin Naphtal is an editor-in-chief and CEO of InstinctWave Group, with over 20 years of experience in Media, Marketing and Technologies.

Russian multinational cybersecurity firm, Kaspersky, has uncovered a new phishing scheme where cybercriminals target Facebook business accounts by using legitimate Facebook infrastructure to send deceptive emails to such accounts with threats of account suspension. These fraudulent emails, originating from Facebook, attack accounts with messages such as “24 Hours Left to Request Review. See Why.” Clicking on the email link takes the user to a genuine Facebook page displaying a similar warning. From there, the user is redirected to a phishing site disguised with Meta branding, which further reduces the time to resolve the issue from 24 to 12 hours. Initially,…

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Liquid Intelligent Technologies has announced the expansion of its fibre network in Rwanda to the regions of Nyamata, Huye, Muhanga, and Rusizi, to provide high-speed internet connectivity to homes and businesses with a specially reduced-cost package for new subscribers. Since 2017, Liquid Home has been a leader in connecting homes across Africa to fibre and delivering high-speed internet. The latest expansion in Rwanda aligns with the vision of creating a digitally connected nation. With the inclusion of Nyamata, Huye, Muhanga, and Rusizi, alongside previously connected cities and estates in Kigali and other districts such as Rubavu and Musanze, Liquid is…

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Orange Energies, a subsidiary of Orange, a telecommunication giant, has announced the expansion of its digital platform, Orange Smart Energies, to all energy producers in Africa and the Middle East. The Internet Of Things (IOT) platform was aimed to enhance energy inclusion by providing secure and prepaid access to energy through solar kits and smart meters. Developed and enhanced by Orange in 2021, Orange Smart Energies, is a software platform that guarantees payment for energy producers via mobile money. The platform addresses profitability challenges by reducing the risk of non-payment, making it a crucial tool for energy producers in the…

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iSON Xperiences, a leading firm in Customer Experience Management (CXM) and Business Process Outsourcing (BPO), has named Vitul Kwatra as its new Global Chief Executive Officer, succeeding Pravin Kumar, who will now serve as Vice Chairman of the company’s board. In a press statement released by the venture, Vivek Gupta, Chairman of the Board, officially introduced Kwatra, highlighting his extensive tenure with the company spanning nearly a decade and his overall leadership experience of over 25 years. “We are delighted to welcome Vitul Kwatra as our new Global CEO,” stated Gupta. “With over 25 years of experience in strategic leadership…

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Entrepreneurs capable of utilising Web3 technology such as blockchain and artificial intelligence (AI) to solve real-world problems are being urged to apply for Block Dojo’s upcoming programme, to build and grow their startup. Block Dojo, a venture builder focused in the Web3 space, invests in founders with a game-changing idea, providing them with the tools, support, expertise and investment to start and develop their startup. The next cohort – due to start in September 2024 – will build their companies in the programme, taking their ideas from concept to Pre Seed fundraising by the end of the 12 weeks. Recently…

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Africa Data Centres, a subsidiary of the Cassava Technologies Group, has secured $108.9 million in funding to expand its capacity and meet the increasing demand for cloud computing services in South Africa. The funding was obtained through a bespoke financing solution arranged by Rand Merchant Bank (RMB). “This funding is a significant milestone in the growth of Africa Data Centres,” President & Group CEO of Cassava Technologies Hardy Pemhiwa said. “It underscores our commitment to growth and our confidence in the future of the South African data centre market. The additional funding will allow us to support the digital transformation…

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By Hannah Lang Although Apple is discontinuing its buy now, pay later service launched last year, the company is sticking with the product, with a successor to the offering launching later this year via third parties like Affirm. Buy now, pay later (BNPL) exploded in popularity as the COVID-19 pandemic forced more shoppers online, and the product has continued to resonate with consumers. BNPL loans drove $75 billion in online spending in 2023, up 14.3% from 2022, according to Adobe Analytics. On Monday, Apple said its new solution “will enable us to bring flexible payments to more users, in more…

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Kenya’s Safaricom has partnered with digital lender, Pezesha, to offer a new credit product, Mkopo wa Pochi, aimed at small business owners, enhancing Safaricom’s existing loan products and allowing businesses to borrow money directly through their M-Pesa business accounts. The Mkopo wa Pochi product is now available through an update on Safaricom’s M-Pesa super app. It complements Pochi la Biashara, Safaricom’s business wallet specifically designed for small business owners. This partnership marks Pezesha’s entry into Kenya’s mobile money market, as it seeks to leverage Safaricom’s extensive customer base of over 32.4 million active M-Pesa users. Mkopo wa Pochi capitalises on…

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The International Olympic Committee (IOC) has decided to utilise artificial intelligence (AI) technology to prevent social media abuse targeting 15,000 athletes and officials during the Paris Olympics next month, IOC President Thomas Bach announced on 14th June. The decision comes due to the Olynpics taking place amid ongoing conflicts, including the Russia-Ukraine war, and the hostilities between Hamas and Israel in Gaza. These events have already led to instances of social media abuse. With the Olympics commencing on 26th July, over 10,500 athletes will compete across 32 sports. The IOC anticipates more than half a billion social media engagements during…

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Microsoft has announced plans to invest €6.69 billion ($7.16 billion) in developing new data centres in Spain’s north-eastern region of Aragon, aiming to transform Aragon into a major cloud computing hub within Europe. The regional government of Aragon confirmed that the U.S. tech giant has applied for a construction permit to build data centres on a site outside the city of Zaragoza. This information corroborates a recent report by the local newspaper, El Heraldo. The investment will be distributed over a span of ten years. Aragon is also attracting interest from Microsoft’s main competitor, Amazon’s cloud computing division, AWS. Last…

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