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SoftBank OpenAI Investment: SoftBank Group, a Japanese investment holding company, makes an investment of $500m in AI startup OpenAI through its Vision Fund. This is according to the Information report. SoftBank OpenAI Investment To Solidify OpenAI’s Status Quo The deal…
Airtel Kenya reduced its call rates to other mobile networks from KES 0.58 per minute to KES 0.41 per minute. This will be effective March 1, 2024. The reduction follows the Communications Authority of Kenya (CA) directive to lower mobile…
NCC Tariff Reforms: The Nigerian Communications Commission (NCC) has announced plans to introduce reforms aimed at enhancing tariff transparency in the telecommunications industry. NCC Tariff Reforms To Provide Better Services To Subscribers This initiative aims to deliver clear, accessible information…
Apple Mobile Service Satellites: SpaceX has been verified as the launch provider for Apple’s $1.5 billion mobile service satellite initiative in partnership with Globalstar. The satellites, part of the Extended MSS Network, are set to launch between April and September…
Nigerian FinTech company Risevest, has acquired Hisa, a Kenyan startup that enables users to invest in local and global markets. The acquisition will allow Risevest to operate in Kenya. Hisa is also the second investment by the Nigerian company in…
Yellow Malawi, a leading solar energy distribution company, has secured a $2 million investment from Acumen’s Hardest-to-Reach (H2R) initiative. The Yellow Malawi Energy Investment will allow the company to expand its inventory of solar home systems, providing energy access to…
Cape Town Data Centre Expansion: Pan-African data center provider Africa Data Centres (ADC) has commenced the expansion of its CPT1 facility in Cape Town, South Africa. Before the expansion, the facility offered 5.5MW of IT capacity across 2,700 sqm (29,000…
The SRD SASSA, Social Relief of Distress, program is an initiative by the South African Social Security Agency to provide temporary assistance to individuals and families in need of immediate relief. It aims to help those who are experiencing extreme…
LaunchBase, a forward-thinking marketing and property technology (prop-tech) start-up, has designed an advanced software solution. The propTech allows off-plan property developments to be launched online to be reviewed by everyone. Launchbase Proptech launch: About LaunchBase The company was founded by…
Ensuing the ban from the Central Bank of Nigeria on fintech onboarding new customers, PalmPay, one of the successful fintech players, has announced that its onboarding resumed on its mobile app for users and merchants. Finally, PalmPay onboarding customers resumes. …
