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Digital Economy

MTN to Host Hackathon for African Developers – Here’s How to Participate

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Moya App Gives SA Youth Data-free Access to Job Searches

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Moya App Gives SA Youth Data-free Access to Job Searches

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The African Internet Connectivity Journey is on its Path to Global Economic Success

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Mark Zuckerberg Says the Metaverse will Come Costly

Mark Zuckerberg visits Meta’s first ever retail shop. Image sourced from Facebook (Mark Zuckerbeg). Mark Zuckerberg told shareholders on Wednesday that the metaverse project will bleed a lot of money and that some products will not be ready for 15 years. According to Business Insider, the Meta CEO told shareholders that he spent $10-billion on the idea of a virtual world in 2021 alone. “We want to get the hardware to be as affordable as possible for everyone, and make sure the digital economy grows,” Zuckerberg said. Meta currently has 10,000 employees working on the metaverse and wants to hire an additional 10,000 to work on the project. The giant company also announced that it is holding up on hiring, so the plans to push this project forward might be delayed further. Zuckerberg re...

MTN Business & BT Join Forces to Enhance Communications Services in Africa

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Kenya Gets Sixth Submarine Internet Cable Worth $400-Million

Image sourced from bbc.com On Tuesday, Kenya launched its sixth submarine internet cable worth $400-million to offer high speed, lower latency, and broader bandwidth. According to Business Daily, the cable will connect Africa to France and Pakistan through the Europe-Asia route, providing direct connectivity to Asia, which is expected to reduce communication delays between Africa and Asia. The launch is also a partnership between Peace Cable and Telkom Kenya. The global Mobile Data Index reveals that Kenya has the most expensive mobile data in East Africa. However, the 15,000-kilometre cable is expected to create more flexible digital connection options, including high speeds of 200 Gbps per single wavelength with a total capacity of 192 Terabits per second, as well as stable and secure da...

4 Reasons Why Contactless Payments Are Taking Over the World

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit “Cookie Settings” to provide a controlled consent. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.

84% of Kenyans Say Digital Devices Improve their Livelihoods – Survey

Image sourced from Shutterstock. Digital devices and services have improved the daily lives of 84% of Kenyans – while nearly one third said that it had boosted their incomes. These are among the key findings of a unique cross-country survey that provides a comprehensive and timely assessment of how Kenya’s aggressive investments in core digital infrastructure are having an impact on the level of individual Kenyans. “With Kenya now embracing its digital economy as the foundation for creating an empowered society, it’s critical to capture how that is currently playing out in the everyday digital experience of Kenyans across the country,” said Naoko Koyama of Dalberg Advisors. Naoko is the lead author of a report: “Kenya’s Digital Economy: A People’s Perspective” which has been funded by the ...

MTN to invest N640 billion to expand broadband access

MTN Nigeria plans to invest N640 billion (approximately US$1.5 billion) over the next three years to expand broadband access across the continent’s most populous country, in line with the federal government’s 2020-2025 National Broadband Plan and in support of MTN Group’s strategy, Ambition 2025: Leading digital solutions for Africa’s progress. ‘Nigeria is one of our most important markets. We have a proud history of partnering with Nigeria and Nigerians to drive faster and more inclusive growth through digital transformation,’ said MTN Group President and Chief Executive Officer Ralph Mupita after a three-day visit to Abuja and Lagos, in which he met a number of key stakeholders. These included President Muhammadu Buhari; Vice President Oluyemi Oluleke Osinbajo; Minister of Communications...

VP Osinbajo: Nigerian government democratising broadband connectivity

It’s the first in sub-Saharan Africa and one of the three such cutting-edge facilities on the continent, with top prime global certifications for smart card manufacturing and it is based in Lagos, Vice President Yemi Osinbajo, SAN, relished yesterday afternoon while touring SecureID company’s premises, and affirmed Nigeria’s extremely bright economic future, which he said cannot be aborted despite current challenges. According to him, “the economic future of our nation is extremely bright. Yes, we have challenges today and they may look daunting. But let me assure you that these issues will be resolved. The march of this nation to its manifest destiny as Africa’s leading economic power will not be aborted. We are more than able to overcome.” An impressed Prof. Osinbajo said the Buhari Admi...

NAS: Presidency’s defence of Isa Pantami irresponsible

File Photo The National Association of Seadogs (Pyrates Confraternity) has berated the Presidency over its defence of the embattled Minister of Communications and Digital Economy, Isa Pantami. NAS in a statement signed by the NAS Capoon, Mr Abiola Owoaje, titled ‘Isa Pantami Must Go’ stated that that the Presidency’s defence was “an ill-judged action that provides a safe haven for a self-confessed sympathiser of terrorism.” Owoaje who described the Presidency’s defence as hollow pointed out that “it suggests that the Buhari administration is so deeply infected with bigotry that the defence of a Minister is informed by factors more primordial than the integrity of governance.” According to him “President Buhari’s decision to retain Pantami as Minister despite documented evidence of him bein...