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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)…
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Orange Commits €1 Billion Yearly to Boost Digital Infrastructure in Africa and the Middle East.
The telecom giant underscores that while 520 million people in Africa have mobile access, many are still excluded from fixed broadband, highlighting connectivity as a cornerstone for socio-economic development. Orange, one of the world’s leading telecommunications companies, is investing approximately €1 billion every year to enhance connectivity and digital infrastructure across Africa and the Middle…
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London and Lagos Forge Stronger Economic Partnership During Mayor Sadiq Khan’s Landmark Africa Visit
The UK-Nigeria business relationship has received a significant boost following the London Mayor Sadiq Khan’s first official visit to Africa, with Nigeria as a key destination. During his trip, Khan emphasized strengthening economic ties and fostering collaboration between London and key African cities, particularly Lagos. The visit aimed to explore opportunities in trade, investment, technology,…
