Tuesday, May 26

Technology

Apple rightly subject to monitoring over competition – German court 
Technology

Apple rightly subject to monitoring over competition – German court 

The Apple logo is pictured on the Manhattan headquarters.Credit: Michael Kappeler/dpa Tech major Apple holds major significance across markets and is rightly subject to stricter monitoring over competition concerns, Germany's Federal Court of Justice (BGH) ruled on Tuesday. By Jacqueline Melcher, dpa Tech major Apple holds major significance across markets and is rightly subject to stricter monitoring over competition concerns, Germany's Federal Court of Justice (BGH) ruled on Tuesday. This clears the way for the country's Federal Cartel Office to take the next step of prohibiting certain Apple business practices if it believes they jeopardize competition. Since a 2021 law change, the competition authority has been able to take action more easily against large digital compan...
Experts, regulators call for professionalization of ICT sector, push for legislative instrument  
Technology

Experts, regulators call for professionalization of ICT sector, push for legislative instrument  

Experts and regulators have emphasised the need for a professional body and a dedicated legislative instrument for Information Communication Technology (ICT) professionals in Ghana.   Dr. Mark Oliver Kevor, Acting Director General of the National Information Technology Agency (NITA), said the government was committed to strengthening the ICT ecosystem through robust regulation.   The call was made during the 8th anniversary and induction ceremony of the Institute of ICT Professionals Ghana (IIPGH) new Executives in Accra.   He expressed concern over the current unregulated environment where individuals could claim ICT expertise without proper accreditation, leading to potential inconsistencies and quality issues.   "Currently, anybody can just get ...
Runway to Web Summit: Vancouver’s startup scene gears up for the big stage 
Technology

Runway to Web Summit: Vancouver’s startup scene gears up for the big stage 

The latest Runway to Web Summit, taking place on Tuesday, March 4, will bring together Vancouver’s top tech and business leaders for a preview of Web Summit Vancouver 2025.  Web Summit is hosting its first Runway to Web Summit event in Vancouver at AWS offices at The Post, offering an inside look at the city’s tech ecosystem, startup landscape, and what’s ahead for Web Summit Vancouver 2025, taking place May 27-30.  Representing Web Summit at the event will be Web Summit’s Canadian Deputy Country Manager, Amanda Collett, and Web Summit’s VP of Startup Relations and Special Projects, Richard Forde.  The afternoon will start with opening remarks from PacificCan Minister Harjit Sajjan, followed by a panel featuring Web Summit’s Canadian Deputy Country Manager, Amanda C...
NCA, NGIC to bring innovative solutions to deployment of 5G
Technology

NCA, NGIC to bring innovative solutions to deployment of 5G

The National Communication Authority (NCA) and the Next Gen Infraco (NGIC) have underscored the importance of a strong partnership in addressing challenges that come with the large-scale implementation of 5G. The challenges include ensuring sufficient infrastructure, overcoming regulatory hurdles, and managing the expected surge in data traffic. The two institutions stressed the need to collaborate to meet the challenges with innovative solutions, ultimately leading to the successful deployment of 5G across Ghana. This came up when management of NGIC, the 5G wholesale infrastructure provider, paid a courtesy call on the Acting Director General of the NCA, Reverend Engineer Edmund Yirenkyi Fianko. The courtesy call aimed at strengthening the relationship between NGIC and the NCA...
Sustineri Attorneys PRUC named Fintech Law Firm of the year
Technology

Sustineri Attorneys PRUC named Fintech Law Firm of the year

Sustineri Attorneys PRUC, a corporate law firm specializing in technology, fintech and transactional law, has been named Fintech Law Firm of the Year at the Ghana Fintech Awards. The recognition underscored the firm’s growing influence in the nation's financial technology sector and its role in shaping the legal landscape for emerging digital finance businesses. A statement issued in Accra said the award was at a time when the fintech industry was expanding rapidly, with increasing regulatory complexities and a surge in digital financial solutions. The firm has emerged as a key player in providing legal and regulatory support to fintech start-ups and established financial institutions navigating the evolving market. Mr Richard Nunekpeku, Managing Partner at Sustineri Attorneys ...
Consumers are prepared to spend more on environmentally friendly phones-Report 
Technology

Consumers are prepared to spend more on environmentally friendly phones-Report 

Fast-changing consumer attitudes towards repair and reuse of mobile phones are driving a rapidly growing market for ‘circular’ devices and services which could exceed $150bn by 2027, according to a new report published by GSMA.  The GSMA’s ‘Rethinking Mobile Phones: the Business Case for Circularity’ report which surveyed more than 10,000 mobile phone users across 26 countries worldwide, showed that evolving consumer attitudes, regulatory changes and the growing impacts of e-waste are converging to challenge the traditional linear business model of the mobile phone industry.   The report said more than 70 per cent of consumers surveyed globally stated that they would be prepared to spend more on environmentally friendly phones.  It highlighted the growing opportunit...
Repairing and refurbishing mobile devices can reduce e-waste- GSMA Report  
Technology

Repairing and refurbishing mobile devices can reduce e-waste- GSMA Report  

The Global System for Mobile Communications Association (GSMA) report says repairing and refurbishing mobile devices can reduce e-waste and reduce emissions with 80-90 per cent lower carbon emissions than manufacturing new devices.  The report said mobile operators already pursuing circularity strategies include Telefonica, Orange, Deutsche Telekom, Vodafone and KDDI, whilst Samsung, Apple and Fairphone were among the device manufacturers greening their supply chains and the eco-design of their devices.  The report released ahead of the Mobile World Conference to be held in Spain, Barcelona from March 3 to March 6, 2025, noted that governments worldwide were increasingly introducing policies to encourage circularity.   The new European Union regulations on eco-desig...
Take advantage of technology to advance in your profession- medical students advised  
Technology

Take advantage of technology to advance in your profession- medical students advised  

Medical students have been urged to take advantage of the technological era and change with time to advance in the profession, considering the fast and exponential pace at which study and practice are growing.  Professor Afua A.J. Hesse, the President of the Accra College of Medicine (ACM), said the younger generation must grasp the study opportunities available, which never existed in the past, to attain the professional heights they aspired to.  Prof Hesse gave the advice at the 10th matriculation ceremony of the ACM on Friday to officially welcome the new batch of students.  She said in recent years, advancements in technology had revolutionised the acquisition of medical knowledge, its dissemination, and application.   From virtual reality simulations to...
Multiply Group signs landmarkinvestment with CVC and PAI Partners to secure a controlling stake (67.91%) in Tendam, with the transaction expected to double Multiply’s operational EBITDA post-consolidation
Technology

Multiply Group signs landmarkinvestment with CVC and PAI Partners to secure a controlling stake (67.91%) in Tendam, with the transaction expected to double Multiply’s operational EBITDA post-consolidation

• Multiply Group establishes new Retail and Apparel Vertical with Tendam as its anchor business, further deepening the Group’s presence in consumer-focused industries.  • Tendam is Spain's second-largest apparel group by market share and one of Europe’s leading omnichannel apparel groups, operating 1,800 points of sale in more than 80 markets including Spain, Portugal, France, UAE and Latin America and brands such as Women’secret, Springfield and Cortefiel.  • This majority stake in Tendam is the latest verticalbuilding investment activity by Multiply Group,having recently deployed approximately AED 1billion to acquire BackLite Media, Excell...
WEB SUMMIT QATAR, RECORDS HIGHEST NUMBER OF ATTENDEES IN THE MIDDLE EAST’S BIGGEST STARTUP EVENT 
Technology

WEB SUMMIT QATAR, RECORDS HIGHEST NUMBER OF ATTENDEES IN THE MIDDLE EAST’S BIGGEST STARTUP EVENT 

This year’s Web Summit event been held in Qatar-Doha, has welcomed a whopping number of 25,747 attendees from 124 countries across the world. The event which started on Sunday 23, February, 2025 with an amazing opening night has since recorded the largest startup gathering in the Middle East with a total of 1,520 startups and 723 investors.Here are the numbers of the Web Summit Qatar event;A total of 168 partners are exhibiting, including Amazon, Microsoft, Meta, TikTok, and Huawei; 381 speakers are taking the stage to tackle issues from AI and global policy to climate change;Over 47 percent women-founded startups – a 51 percent rise from last year – with 37 percent women attendees; 120 new meetups organised through Web Summit’s AI-powered system;AI is the top startup ...
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