Image sourced from Gerd Altmann, Pixabay Data sprawl – referring to the fact that valuable data is now commonly spread across multiple physical locations and different repository types – is one of the most critical IT issues that a modern organisation will have to manage. Not only does this expanse of data create issues for an organisation around its effective use, it can also negatively affect its security measures. This is according to a recent report from IDC, the global market intelligence firm, and cloud data management company Rubrik, which commissioned the IDC White Paper study and which involved just over 800 respondents in North America, Western Europe and the Asia/Pacific region. The white paper reveals that: Companies are not leveraging data to its fullest extent, causing ...
The ICT sector is fast-growing. To unpack this, Co-founder and CEO of iceaddis – Ethiopia’s first innovation hub and tech incubator – Markos Lemma talks to his experience of the East African country’s innovation ecosystem: How do you picture the development of ICT in Ethiopia? When we started iceaddis in 2011, Internet penetration was less than 1% among the population; and the role of ICT was limited. 10 years have passed since then; the internet penetration rate is around 19% today. We have seen significant progress in infrastructure, service provision, human capital and research. There are key players in the ICT sector and there is political willingness to advance this sector. In this regard, the contribution of the private sector is unneglectable. The Ministry of Innovation & techno...
Sourced from Comms MEA Airtel Africa is set to sell a minority stake – worth $200 million – in Airtel Mobile Commerce BV (AMC BV) to global investment company, The Rise Fund. “The transaction is subject to customary closing conditions including necessary regulatory filings and approvals, as necessary, and the inclusion of specified mobile money business assets and contracts into AMC BV,” reveals the company. According to TechCrunch, this deal values the mobile money business at $2.65 billion with operations across 14 African countries, including Kenya, Uganda and Nigeria. “Our markets afford the substantial market potential for mobile money services to meet the needs of the tens of millions of customers in Africa who have little or no access to banking and financial services, and this dema...
Sourced from Redbubble and iStock. Although Africa currently trails other regions in terms of digital adoption and maturity, the pace of adoption and infrastructure buildout is happening faster on the continent than any other region in the world. This creates the opportunity to unlock enormous economic potential, according to a new report by Boston Consulting Group (BCG) in partnership with Casablanca Finance City. “The COVID-19 crisis has also focused minds, accelerating digital adoption among consumers and digital transformation among companies,” says Jan Gildemeister, Managing Director at BCG. “For success going forward, we believe that companies and governments need to coordinate on three fronts: creating scale, nurturing and attracting digital talent, and building ecosystems and innov...
PayPal has joined forces with Flutterwave to allow PayPal users around the world to pay African merchants through Flutterwave’s platform. This collaboration is expected to be ‘instrumental’ in supporting SMEs and freelancers to overcome the many challenges presented by the highly fragmented and complex payment and banking infrastructure, as well as connecting them with more than 377 million PayPal account holders globally. Traditionally, Africa’s eCommerce ecosystem has lacked suitable payment solutions to meet the demand for seamless transactions worldwide, further constraining its contributions to the global digital economy. However, this collaboration hopes to eliminate significant barriers that have previously hindered African consumers and businesses from the untapped potential of cro...
Data protection challenges are undermining organizations’ abilities to execute Digital Transformation (DX) initiatives globally, according to the Veeam Data Protection Report 2021, which has found that 58% of backups fail, leaving data unprotected. The report also found that against the backdrop of COVID-19 and ensuing economic uncertainty, which 40% of CXOs cite as the biggest threat to their organization’s DX in the next 12 months, inadequate data protection and the challenges to business continuity posed by the pandemic are hindering organizations’ initiatives to transform. “Over the past 12 months, CXOs across the globe have faced a unique set of challenges around how to ensure data remains protected in a highly diverse, operational landscape,” says Danny Allan, CTO at Veeam. “In respo...