Thursday, October 30

Technology

Mastercard reaffirms commitment to Ghana with new office in Accra
1 Comment
Technology

Mastercard reaffirms commitment to Ghana with new office in Accra

● Mastercard opens its first office in Accra, with an aim to bolster Ghana’s digital economy and support financial inclusion.  Mastercard has expanded its operations in West Africa with the opening of its first office in Accra, Ghana. This strategic milestone underscores Mastercard’s commitment to supporting the country's growing digital economy by providing innovative financial products and services tailored to the market. The establishment of a physical presence in Ghana further highlights Mastercard’s intent to deepen relationships with stakeholders and drive inclusive growth across the region. By setting up an office in Accra, Mastercard aims to accelerate its efforts in providing tailored solutions for Ghanaian stakeholders, faci...
Read More
Raxio Group’s Mozambique and Ethiopia Data Centres Achieve Uptime Institute Tier III Facility Certification
No Comments
Technology

Raxio Group’s Mozambique and Ethiopia Data Centres Achieve Uptime Institute Tier III Facility Certification

Raxio Group further cements its position as a regional leader in high-performance data centres with the latest Tier III Facility Certifications from Uptime Institute. Raxio Group the leading provider of Tier III certified and carrier neutral data Centres across Africa, is proud to announce that its facilities in Mozambique and Ethiopia have achieved the prestigious Uptime Institute Tier III Certification of Constructed Facility (TCCF). This accomplishment is an endorsement of Raxio’s commitment to delivering state-of-the-art, reliable, and efficient data centreinfrastructure across Africa. The Tier III Facility Certification confirms that these facilities have been constructed in accordance with the original Tier III Design Certification standards and rigorously tested...
Read More
Tether Invests In StablR To Promote Stablecoin Adoption In Europe
No Comments
Technology

Tether Invests In StablR To Promote Stablecoin Adoption In Europe

Tether, the largest digital asset company in the world, has invested in StablR, the European stablecoin provider, which seeks to accelerate adoption in the region.  Tether’s investment into StablR signals its commitment to the European market and its support for leading, fully regulated stablecoins. The decision comes amid a number of stablecoin launches in Europe, including StablR’s EURR and USDR, which are poised to unlock improved liquidity management, reduced transaction cost, and significant savings for their users.  The European stablecoin market, with a market cap of almost $400M for EUR-pegged stablecoins alone, has experienced significant momentum in recent months, driven by the impetus of the EU’s MiCA framework which is set to come into full effect on December 30th. T...
Read More
Falcon 3: UAE’s Technology Innovation Institute Launches World’s most Powerful Small AI Modelsthat can also be run on Light Infrastructures, including Laptops
No Comments
Technology

Falcon 3: UAE’s Technology Innovation Institute Launches World’s most Powerful Small AI Modelsthat can also be run on Light Infrastructures, including Laptops

Multimodal Functionalities with Voice Mode to Follow January 2025 The Technology Innovation Institute (TII), a leading global applied research center under Abu Dhabi’s Advanced Technology Research Council (ATRC), has unveiled Falcon 3, the latest iteration of its open-source large language model (LLM) series. This groundbreaking release sets new performance standards for small LLMs and democratizes access to advanced artificial intelligence by enabling the model to operate efficiently on light infrastructures, including laptops. Falcon 3 introduces superior reasoning and enhanced fine-tuning capabilities, making it a more powerful and usable AI model. Falcon 3 is designe...
Read More
TCL Reinforces Its Leadership in Air Conditioning with Cutting-Edge Innovations at an Exclusive Event in Wuhan
No Comments
Technology

TCL Reinforces Its Leadership in Air Conditioning with Cutting-Edge Innovations at an Exclusive Event in Wuhan

The event spotlighted TCL’s groundbreaking air conditioning innovations, advanced manufacturing capabilities at TCL’s Intelligent Manufacturing Centre, and tailored solutions for the MEA region. TCL Electronics, a global leader in consumer technology and the world’s top two TV brand, successfully hosted its first ever exclusive industry gathering in Wuhan, China. Bringing together key dealers, media representatives, and influencers from the Middle East & Africa region for the TCL Air Conference - "Air to Future, Sail to Success,", this milestone event showcased TCL’s technological excellence, revolutionary air conditioning innovations, and the precision engineering of its cutting-edge Wuhan Intelligent Manufacturing Centre....
Read More
Nabat, New Abu Dhabi Climate Tech Venture, to use AI and Robotics to Restore Mangroves and Boost Climate Resilience
No Comments
Technology

Nabat, New Abu Dhabi Climate Tech Venture, to use AI and Robotics to Restore Mangroves and Boost Climate Resilience

New startup by the Advanced Technology Research Council’s VentureOne uses AI and autonomous robotics to conserve natural ecosystems, beginning with mangroves and expanding to other habitats The Advanced Technology Research Council’s VentureOne has unveiled Nabat, a new climate tech venture that will conserve and restore mangroves and other ecosystems across the region using AI and robotics, at the International Mangrove Conservation and Restoration Conference in Abu Dhabi.  Nabat showcased their advanced technology, including drones, AI-powered software, and flexible seeding mechanisms, which they will use to conserve and restore thousands of hectares of mangroves across the UAE over the coming seven years. Mangroves store u...
Read More
Raxio Group, Africa’s Most Expansive Data Centre Network, Appoints Robert Skjødt as CEO
No Comments
Technology

Raxio Group, Africa’s Most Expansive Data Centre Network, Appoints Robert Skjødt as CEO

Raxio Group, the data centre provider with the widest footprint across African markets, has appointed Robert Skjødt as Chief Executive Officer. Leveraging his extensive background in management of infrastructure development and operations across Africa, Skjødt will spearhead Raxio's next phase of expansion, planning to at least double the company's presence across the continent within the next three years. Skjødt brings more than 30 years of experience, with a career that spans leadership roles in major energy, renewables and infrastructure firms worldwide. For the last decade he focused on Africa, where he led the creation of BTE, a pan-African renewable energy company, which was acquired by global energy giant Engie in 2023. Skjødtpreviously held senior positions a...
Read More
Ghana’s startup ecosystem needs more investment and advisory support – Telecel Group ASIP Director
No Comments
Technology

Ghana’s startup ecosystem needs more investment and advisory support – Telecel Group ASIP Director

Eleanor Azar, Chief of Staff at Telecel Group, who also oversees the Africa Startup Initiative Program (ASIP), has called for increased investment and consultative support to strengthen Ghana’s growing tech startup ecosystem. In a keynote at the opening of the Tech in Ghana Conference, Eleanor Azar shared insights on ASIP, a corporate social responsibility initiative by Telecel Group, to set the tone for two days of discussions and showcase of Ghana’s talent in technology and innovation. She highlighted the significant strides that ASIP has made in the last four years to accelerate the growth of high-potential tech startups across Africa through a blend of funding, mentorship, and networking opportunities, with a focus on underserved markets in countries including Ghana. “Ghana ha...
Read More
38 businesses win at AgriTech Challenge Classic pitch
No Comments
Technology

38 businesses win at AgriTech Challenge Classic pitch

 • Eco Power Solution team recieving their prize Creativity, ingenuity and innovation took the centre stage at the finals of the KIC Agritech Challenge Classic Final Pitch held at the Kwame Nkrumah University of Science and Technology. Organised by Kosmos Innova­tion Centre (KIC) and the Master­card Foundation, the 3-day event saw 64 teams pitch several business ideas aimed at providing solutions to several challenges confronting the agricultural sector. The pitches showcased busi­ness ideas on sustainable agricul­tural production, technological application, mechanisation, seed breeding, nutrition, agro-process­ing, recycling using agricultural raw materials, as well as green businesses focused on eco-friendly packaging, among others. The AgriTech Challenge Clas­sic is a 7...
Read More
Africa Tech Summit Nairobi and Raenest Partner to Propel African Tech Ventures to Global Heights in 2025
No Comments
Technology

Africa Tech Summit Nairobi and Raenest Partner to Propel African Tech Ventures to Global Heights in 2025

Africa Tech Summit Nairobi and Raenest Partner to Propel African Tech Ventures to Global Heights in 2025 Nairobi, Kenya, November 27, 2024,  Africa Tech Summit Nairobi is delighted to announce that Raenest, a pioneering Nigerian fintech, has returned as the headline sponsor for the second consecutive year, reaffirming its commitment to fostering growth, and collaboration across the African tech ecosystem.  The seventh edition of Africa Tech Summit Nairobi, powered by Raenest, will take place on February 12th & 13th, 2025, at the Sarit Expo Centre. Now the largest tech event in the region, the B2B Summit, exhibition, and awards will connect over 2000 industry leaders, corporates, investors and international delegations. Raenest continues to...
Read More
//otieu.com/4/4670376