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Global outage affects flights, media, banks, and telecoms
A mistake in a security software update from U.S. cybersecurity software company CrowdStrike crashed Microsoft Windows systems around the globe on Friday. The global outage impacts business and services around the world. This development reinforces the fears about dependence on…
Reasons Behind Telkom’s Delay in Launching 5G for Phones
Telkom, South Africa’s third-largest mobile network operator, has been slow to launch 5G support for smartphones compared to its rivals Vodacom and MTN. Lunga Siyo, Telkom Consumer CEO, cites two main reasons for the delay in Telkom’s 5G phone launch:…
LULA Grows by Acquiring Zeelo’s South African Operations
LULA, a ride-sharing platform focused on office workers, has acquired the South African operations of Zeelo, a US-based staff bus-sharing startup. The financial details of the all-cash deal remain undisclosed. Zeelo, which entered the South African market in 2019, has…
TerraPay Gets $95 Million Loan to Improve Affordable Money Transfers in Africa
TerraPay Secures $95 Million Loan for Affordable Transfers in Africa: TerraPay, a UK-based fintech company specializing in remittance transfers within Africa, has secured a major financial boost. The company has received $95 million in debt financing to improve the affordability,…
MTN Not Worried About Vodacom’s Merger With Fiber Infrastructure Firm
MTN South Africa has remained unconcerned regarding Vodacom’s ongoing efforts to merge with Maziv, a fiber infrastructure company. As the Competition Tribunal continues to hear testimonies from various witnesses about this proposed merger, MTN remains unconcerned about the potential implications…
Citisquare Africa Uses Technology to Combat Burnout
Citisquare Africa, a technology-driven company, has announced its decision to tackle the issue of burnout among professionals with tech. The world has grappled with the aftermath of the COVID-19 pandemic, which has led to a significant increase in burnout cases. …
GenAI Enhances Productivity for Project Managers, Says PMI
The Project Management Institute (PMI) has released a report titled “First Movers’ Advantage: The Immediate Benefits of Adopting Generative AI for Project Management,” which highlights how GenAI boosts project manager productivity. The report surveyed 500 project professionals using GenAI in…
Memecoins Show Potential for 55X Returns in Crypto Market
The crypto market is abuzz with the potential of memecoins offering high crypto market returns. While these offbeat tokens were once dismissed, they are now attracting significant attention for their ability to generate massive gains. Some memecoins are even hinting…
Vibranium Valley Hosts U.S. President’s Advisory Council on African Diaspora Tour in Lagos
Vibranium Valley hosts African Diaspora Council in Lagos: The U.S. President’s Advisory Council on African Diaspora Engagement (PAC-ADE) recently visited Vibranium Valley, a leading tech hub in Lagos, Nigeria. The 12-member council, established by U.S. President Joe Biden, was welcomed…
Bolt Nigeria Processes Over 1,000 Insurance Claims for Drivers and Riders Since 2020
Leading on-demand mobility company, Bolt Nigeria has announced that it has processed 1000+ insurance claims by drivers and passengers on its platform since September 2020. This milestone, achieved in partnership with MyCoverGenius, underscores Bolt’s commitment to the safety and security…