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UAE unveils QuantumConnect to secure the future of digital communications
This next-generation hardware-based encryption solution harnesses the power of quantum physics to revolutionise secure communications, embedding hardware directly on fibre infrastructure. The United Arab Emirates has taken a significant step toward advancing its cybersecurity and technology ambitions with the launch of QuantumConnect, a pioneering initiative focused on next-generation quantum encryption. This project positions the UAE…
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South African Tech Giant Poised for Global Breakthrough
South Africa’s technology sector is witnessing a major breakthrough as a local firm positions itself for unprecedented growth in the global digital economy. The company, long recognized for its innovation and resilience, is leveraging emerging technologies such as artificial intelligence, cloud computing, data analytics, and financial technology solutions to expand its footprint beyond the continent….
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Bridging Nigeria’s Digital Divide Requires $2.8 Trillion by 2030
Nigeria requires an estimated $ 2.8 trillion in investments by 2030 to achieve universal connectivity, according to a recent global report on digital access. The projection reflects the massive infrastructure, technology, and financing needs required to close Nigeria’s digital divide and ensure that every citizen has affordable and reliable internet access within the next seven…
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Capitec increases capital spending by 19% to accelerate digital and tech-driven banking growth.
This steady growth reflects a commitment to strengthening infrastructure and scaling operations through digital innovation. Capitec, one of South Africa’s fastest-growing banks, has announced a significant increase in its capital expenditure, rising by 19% as part of its ongoing strategy to strengthen technological infrastructure and improve customer services. The bank’s focus on technology investment highlights…
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Why record corporate profits don’t translate into cheaper prices for consumers.
Despite manufacturers reporting record profits, consumer goods prices often do not fall, and several interconnected factors explain this paradox. First, companies tend to prioritize profit maximization over price reductions. When demand for products remains strong, firms have little incentive to cut prices even if their production costs decrease. Instead, they retain higher margins, rewarding shareholders…
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Startups Turn to Debt as Venture Capital Funding Slows
In recent years, start-ups and growth-stage companies have relied heavily on venture capital (VC) funding to scale operations, expand market reach, and fuel innovation. However, global economic uncertainties, tighter monetary policies, and investors’ growing focus on profitability have slowed the pace of VC inflows. As a result, debt financing is emerging as an increasingly attractive…
