IT News
Liquid Eyes Africa’s Largest Tech Markets After $250-Million Boost from IFC
Strive Masiyiwa, Liquid Intelligent Technologies Executive Chairman and Founder with Makhtar Diop, IFC’s Managing Director. The World Bank Group’s International Finance Corporation (IFC) has announced a new partnership with South African tech group Liquid Intelligent Technologies (Liquid) to expand data center capacity and the rollout of fiber-optic cable across the continent. IFC’s equity and debt investments in Liquid, which to date total approximately $250-million, will support the company to grow its hyperscale data center capacity in Egypt, Kenya, Nigeria, and South Africa through its subsidiary, Africa Data Centres. The partnership with Liquid, one of Africa’s leading independent fiber and digital services providers, aims “to increase digital connectivity and inclusion in Africa and ...
A Whole Week of Stage 4 Blackouts as SA Falls Deeper Into Power Crisis
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4 Compelling Ways that Technology Plays a Key Role in SA’s Economy
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The Most Vulnerable IoT Devices: Think Before You Buy This Black Friday
With the shopping season approaching, it’s likely that internet-connected gadgets and toys will be a popular item on many users’ wish lists, as more than 88% of people use IoT (Internet of Things) devices in their households. However, cybersecurity experts warn: Internet of Things devices can quickly go from fun to creepy, depending on how hackable they are. “Enormous Black Friday discounts can rush customers into buying some very questionable gadgets. However, Internet of Things devices is widely known among experts for low-security measures they usually have installed. There is a joke going around: ‘The S in IoT stands for security’. So, it’s best to think before bringing any new IoT device to your household, as it can easily compromise the whole network,” says digital security expert at...
What Squid Game Can Teach You About Crypto Investing
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Could Ethiopia Ban Facebook After It Deleted PM Abiy Ahmed’s Post?
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Safaricom to Take All M-PESA Services Offline – When, Why & How Long
Image sourced from WeeTracker Safaricom is set to take down all M-PESA services from Saturday 6 November 2021 at 23:59 until Sunday morning 04:00 – effectively for four hours as Kenya’s largest telecom company conducts maintenance on its services for around the 10th time this year. The company says that all M-PESA services, including the purchasing of airtime, will be inaccessible during these 4 hours in the very early morning, a time which Safaricom says, “has been planned to result in the least of inconvenience to our customers.” “We apologize for any inconvenience that may be caused and thank you for your continued support.” Safaricom is asking those whose businesses may be affected by the outage to make necessary arrangements to “cushion” the impact of the services being offline. While...
A Dark Weekend for SA as Eskom Announces Stage 4 Load Shedding
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Just How Many Shares is MTN Nigeria Preparing to Sell in Upcoming Offer
Sourced from TheTechieGuy (https://thetechieguy.com/) The MTN Group, representing the largest telecom company in Africa, has announced that it is preparing to sell shares in its Nigeria arm worth about $242-million in the continuation of its plan to dispose of assets and pay down debt. MTN Nigeria, which was listed in Lagos in 2019, will offer 575 million shares, according to a statement released on Thursday. The move marks a larger effort to sell about 14% of the MTNs holdings in its Nigerian arm – the “largest and most profitable unit,” according to the company. The news has spiked the price of MTN’s shares listed on the Johannesburg Stock Exchange by 3.6%, the largest rise in over a month. The MTN Group stock has surged 138% this year, making it the best performer on the FTSE/JSE Africa...
Just How Many Shares is MTN Nigeria Preparing to Sell in Upcoming Offer
Sourced from TheTechieGuy (https://thetechieguy.com/) The MTN Group, representing the largest telecom company in Africa, has announced that it is preparing to sell shares in its Nigeria arm worth about $242-million in the continuation of its plan to dispose of assets and pay down debt. MTN Nigeria, which was listed in Lagos in 2019, will offer 575 million shares, according to a statement released on Thursday. The move marks a larger effort to sell about 14% of the MTNs holdings in its Nigerian arm – the “largest and most profitable unit,” according to the company. The news has spiked the price of MTN’s shares listed on the Johannesburg Stock Exchange by 3.6%, the largest rise in over a month. The MTN Group stock has surged 138% this year, making it the best performer on the FTSE/JSE Africa...
Why Energy Efficiency is Key to Sustainable Data Centres in Africa
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Amazon’s First Solar Project in SA Finally Begins Adding Clean Energy to Grid
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