Africa

Auto Added by WPeMatico

Nigerian fintech OPay files for New York IPO, Semafor reports

Africa, Digital Marketing, Fintech and ecommerce, Investors and funding, SEO Tips, Technology /

Pay, a Nigerian payments and lending app, has filed to list on the New York Stock Exchange, Yinka Adegoke reported for Semafor. Earlier reports put its likely valuation at about $4bn. The company filed on 9 October, bne IntelliNews reported. It will trade under the ticker OPAY, and investors expect it to price in mid-November, Semafor said. OPay […]

This story continues at The Next Web

Nigerian fintech OPay files for New York IPO, Semafor reports Read More »

Rwanda reportedly wins Africa’s first F1 Grand Prix since 1993

Africa, Cars, Digital Marketing, Events, SEO Tips, Technology /

Rwanda looks set to host Formula 1’s first African Grand Prix in more than 30 years. Motorsport site RacingNews365 first reported the deal, citing paddock sources, as GrandPrix.com relayed. AFP later reported the news, citing its own sources, Semafor said. Neither F1, the FIA nor Rwanda’s government has confirmed it. A track near Kigali The race would take place […]

This story continues at The Next Web

Rwanda reportedly wins Africa’s first F1 Grand Prix since 1993 Read More »

Kenya bet its graduates on gig work in 2022. ChatGPT launched that year

Africa, Artificial Intelligence, Business, Digital Marketing, Future of work, Government and policy, SEO Tips, Technology /

In 2022 Kenya adopted a ten-year national plan to move its graduates into online outsourcing work. OpenAI released ChatGPT the same year. Adam Satariano and Paul Mozur set out what happened next, reporting from Nairobi for the New York Times with Edwin Okoth. At its peak early this decade, researchers estimated at least 40,000 people […]

This story continues at The Next Web

Kenya bet its graduates on gig work in 2022. ChatGPT launched that year Read More »

Huawei bid to build Egypt’s AI data centres, and Washington is scrambling

Africa, Artificial Intelligence, China, Digital Marketing, Government and policy, SEO Tips, Technology, United States /

Huawei has bid to build AI data centres for the Egyptian government. The US State Department is now trying to assemble a rival consortium from Nvidia, AMD and Microsoft. The tender offer proposes exporting 1,408 of Huawei’s top-end Ascend 950-series chips for an AI training cloud. A further 600, either the same chips or the […]

This story continues at The Next Web

Huawei bid to build Egypt’s AI data centres, and Washington is scrambling Read More »

Angola just raised $321m selling shares in a telco it seized from Africa’s richest woman

Africa, Business, Digital Marketing, Investors and funding, Mobile, SEO Tips, Technology, World /

Angola raised roughly $321 million on Monday by selling a 15% stake in Unitel, the country’s dominant mobile operator, in what Bloomberg reported as the largest initial public offering the nation has ever run. The proceeds go towards financing the state budget and, officials hope, towards making Angola’s thin capital market look like a functioning […]

This story continues at The Next Web

Angola just raised $321m selling shares in a telco it seized from Africa’s richest woman Read More »

Kenya investigates hack of Ruto’s official website after bitcoin ransom demand

Africa, Digital Marketing, Security, SEO Tips, Technology /

Kenyan authorities are investigating a cyberattack that defaced President William Ruto’s official website over the weekend, replacing the homepage with a ransom message and a cryptocurrency wallet address. The government pulled president.go.ke offline on Saturday and has since said it found no evidence that sensitive data was taken. The intruders demanded five bitcoins, worth roughly […]

This story continues at The Next Web

Kenya investigates hack of Ruto’s official website after bitcoin ransom demand Read More »

Amazon Leo will launch in South Africa in 2027, beating Starlink in Musk’s homeland

Africa, Amazon, Business, Digital Marketing, Government and policy, SEO Tips, Space, Technology /

Amazon Leo will launch satellite internet in South Africa in 2027, seemingly beating Elon Musk’s Starlink in his home country. Musk has refused the Black-ownership rules Amazon appears willing to meet. Jeff Bezos is about to beat Elon Musk in Musk’s own back yard. Amazon said on Wednesday it will bring its Amazon Leo satellite […]

This story continues at The Next Web

Amazon Leo will launch in South Africa in 2027, beating Starlink in Musk’s homeland Read More »

Raxio raises its funding pool to $380m and heads for Tanzania

Africa, Digital Marketing, Investors and funding, SEO Tips, Technology /

Raxio Group, the pan-African colocation operator, is entering Tanzania and has lifted its funding pool to $380m. The money comes from its two main shareholders, the French infrastructure investor Meridiam and the US-based Roha Group, both of which have put fresh equity in before. “Demand for high-quality data centre infrastructure continues to accelerate across Africa, driven by […]

This story continues at The Next Web

Raxio raises its funding pool to $380m and heads for Tanzania Read More »

Somalia backs India’s objection to WhatsApp’s username switch

Africa, Digital Marketing, Meta, SEO Tips, Technology /

Somalia has thrown its weight behind India’s objection to WhatsApp’s plan to let people connect through usernames rather than phone numbers, widening a dispute that now spans two continents. The backing, makes Somalia the second national government in a week to formally query Meta over the usernames feature it began rolling out at the end of […]

This story continues at The Next Web

Somalia backs India’s objection to WhatsApp’s username switch Read More »

Shopping Cart