Microsoft Invests $70 Million in South Africa to Boost Job Creation and AI Development
In recent years, South Africa has intensified its efforts to adopt AI for economic growth, improved efficiency, and to tackle societal challenges.
Bolt Adopts inDrive’s Bidding System to Tackle Ride Shortages
Bolt's new bidding system, similar to what competitor inDrive introduced in Nigeria, aims to motivate drivers to accept more trips, especially during peak times.
Google Announces First Direct Fibre Optic Link Between Africa and Australia
Google's goal with this new route is to create a more resilient network in a region prone to high-impact outages.
Busbud Acquires South Africa’s Ratality to Enhance Revenue Management Features
Ratality’s software has been shown to boost operator revenues by over 30% annually.
TowerCo of Africa Tanzania Lands $30 Million to Construct 200 Telecom Sites
Founded in February 2023, TOA Tanzania owns and manages telecom infrastructure that it leases to mobile network operators.
Lagos State Unveils Cybersecurity Project to Enhance Digital Safety
The Lagos State Government has launched a Cybersecurity Operations Centre (CSOC) to enhance digital safety and protect its infrastructure from cyber threats.
BritBox to End Services in South Africa by August 2024
BritBox's global CEO, Reemah Sakaan, highlighted in September 2022 that South Africa had high streaming volumes compared to other markets.
Court to Hear Wrongful Termination Case Against NIBSS in November
The court will examine Adekanye's claims, which have cast doubt on the integrity of Nigeria’s financial system.
Nigerian Banks Set to Collect Customers’ Social Media Handles Following Court Ruling
The CBN defended the regulation, stating it helps combat financial crimes and terrorism by improving customer identification.
CBN Withdraws Controversial Cybersecurity Levy
The cancellation of this levy is a relief for many Nigerians who heavily rely on electronic transfers.