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East Africa Strengthens Digital Integration with Launch of Uganda-Based Data Hub.
Tanzania’s Minister of Information, Communication, and Information Technology, Nape Nnauye, has officially commissioned a new data center in Uganda, marking a significant step in strengthening digital and economic ties between the two East African nations. The facility, located in Kampala, is part of a broader initiative to enhance regional ICT infrastructure and promote cross-border cooperation…
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Flend Leverages AI to Transform SME Financing in Egypt with Fresh $3M Backing.
The platform plans to inject EGP 1 billion in working capital loans over the coming year, targeting Egypt’s $50 billion SME financing gap. Egypt-based fintech startup Flend has raised $3 million in seed funding to expand its lending services targeted at small and medium-sized enterprises (SMEs). The funding round was led by Acasia Ventures, with…
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South Africa’s Telecom Industry Grapples with Soaring Cybersecurity Costs Amid Rising Ransomware Attacks.
South Africa’s telecommunications sector is facing an unprecedented cybersecurity crisis, with a staggering 80% of telecom firms reportedly hit by ransomware attacks over the past year. This surge in attacks is raising serious concerns about the resilience of digital infrastructure in one of Africa’s most connected markets. Ransomware—malicious software that locks access to data until…
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Telkom Repositions as Tech-Driven Brand with Modern Look to Power Digital Future.
The rebranding marks a major milestone for the telecoms giant as it aims to stay relevant in an increasingly digital, mobile-first world. Telkom has launched a refreshed brand identity aimed at signaling its transformation into a modern, digitally focused technology company. The rebranding is part of Telkom’s strategic shift to remain competitive and relevant in…
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FAB-Backed Lime App Secures $9.4M to Accelerate Fintech Growth in Egypt.
Backed by the strength and experience of First Abu Dhabi Bank Group and guided by a multidisciplinary board, Lime is committed to driving financial inclusion and sustainable impact across Egypt’s evolving fintech landscape. Lime, a digital finance app backed by First Abu Dhabi Bank (FAB), has officially launched in Egypt with a strategic $9.4 million…
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Liberia Seeks to Break Telecom Duopoly by Attracting New Competitors.
This dual strategy of introducing new players and revitalizing existing entities aims to break the duopoly and ensure better quality of service for Liberian consumers. The Liberian government has raised concerns over a growing duopoly in the country’s telecommunications sector, dominated by two major players—Orange Liberia and Lonestar Cell MTN. The Liberia Telecommunications Authority (LTA)…