Search Results for: digital

Cyber Day: A Celebration of Digital Innovation and Security

Staff Writer

Cybersecurity is still a male-dominated field, with ISC2 estimating in April 2024 that the percentage of women in the industry is roughly only 20-25%. Likewise, the report indicated that pay disparities continue to exist, particularly for women of colour working in the field. “This International Women in Cyber Day, it’s important to consider the barriers to entry for women in the industry,” says Camellia Chan, CEO and Co-founder, Flexxon. “Whilst a lot has been achieved to help girls and women forge a career in the sector, there’s still more to do.” September 1st 2024 marks IWCD. The initiative is designed…

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Cybersecurity and Women: Promoting Diversity in the Digital World

Staff Writer

In today’s digital age, where cyber threats are ever-evolving, it is crucial to have diverse perspectives and talents in the cybersecurity field. However, women remain significantly underrepresented in this industry. According to recent statistics, women comprise only about 20% of the global cybersecurity workforce.This gender disparity not only hampers efforts to combat cyber threats effectively but also deprives the industry of valuable insights and skills that women can bring. Promoting women’s participation and representation in cybersecurity is therefore essential for a safer and more inclusive digital world. Empowering Support NetworkCreating…

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SpaceX’s Greatest Digital Horizon Expands with Starlink in Kenya

Staff Writer

SpaceX’s Starlink is set to make waves in Kenya’s internet landscape with the anticipated introduction of its ‘Starlink Mini’ antenna later this year. This development could significantly transform internet access in the East African nation, particularly during times of political unrest and alleged internet throttling. Elon Musk, SpaceX’s founder and CEO, recently responded to a Kenyan user’s inquiry on social media, confirming the upcoming availability of the Starlink Mini in the country. While specific pricing for Kenya remains undisclosed, the Mini currently retails for $599 in the United States, potentially…

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Flutterwave Expands Digital Payment Services in Ghana with New License

Staff Writer

Flutterwave, a prominent payments technology company, has received an Enhanced Category Payment Service Provider license from the Bank of Ghana. This development marks a significant expansion of the company’s operations in Africa and enables it to offer a wide array of payment services in the country. Ghana has emerged as an attractive market for Flutterwave’s innovative products. The nation boasts a stable democracy, a young population well-versed in technology, and a high mobile internet penetration rate of 71%. These factors create an environment conducive to rapid digital adoption. The Ghanaian…

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COVID-19 Pandemic Opportunity to Accelerate New Digital transformation

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McKinsey recently released a report titled, “Reopening and reimagining Africa: How the COVID-19 crisis can catalyze change,” which recommends policies aimed to help Africa use the crisis as an opportunity to create a recovery that features a more inclusive economy, more competitive industries, and more resilient services The report recommends using the pandemic as an opportunity to accelerate digital transformation across the continent. Figure 1 highlights a number of industries poised for swift growth in digitization following the pandemic. Among these, some are already relatively digitized, such as information and…

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Mobile banking dominance may slow down due to new digital lending apps

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M-Gas Mpesa Central Bank of Kenya

The growing dominance of mobile banking may slow down amid low employment rates and high costs of living which have pushed more Kenyans to rely on digital lending apps to make ends meet, a new report shows. The report by Egyptian investment bank, EFG Hermes, said the surge in digital lending apps has been witnessed over the years as more Kenyans sought to supplement their incomes following a spiral in the cost of living. This is likely to threaten the mobile banking revolution. While more mobile banking and digital loan…

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Orange opens new Digital center in Senegal

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Orange

In Dakar, Senegal, Orange has inaugurated its new concept of a place entirely dedicated to innovation, an “Orange Digital Center”. Several personalities attended the launch, including: Ms Ndèye Tické Ndiaye Diop, Minister for the Digital Economy and Telecommunications; Mr Dame Diop, Minister for Employment, Professional Training and Craftsmanship; Mr Alioune Ndiaye, CEO of Orange Africa and Middle-East; Ms Christine Albanel, Head of CSR, Diversity, Partnerships and Philanthropy for Orange, Deputy Chair of the Orange Foundation and former Minister; and Mr Sékou Dramé, CEO of Sonatel. Following on from Tunisia, Senegal will…

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New tax on Digital Markets under new law

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Tax

Kenya will start levying new tax on digital markets under a new law signed by the President early in November. The Finance Act seeks to broaden the Income Tax Act net to include income accruing through a digital market place. The law defines the digital marketplace as “a platform that enables direct interactions between buyers and sellers of goods and services through electronic means.” In addition, a similar change has been made to the VAT Act making digital market services subject to value-added tax. It’s not clear yet who will be affected or how the…

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Miss.Africa Digital Celebrates New International Women’s Day.

Staff Writer

DCA Trust celebrated the Women’s Day by launching the 2019 Miss.Africa Digital Seed Fund Application Drive. Parallel to my advocacy on the philosophy of positive “tech disruption”, and how it has the ability to create a welcome change in our societies, if we regularly engage in doing something out of our comfort zone for our mind, body and spirit, I’m a great believer that we will find ourselves in a much better space as human beings, as well as be more effective in our work.” 2019: Year of work-life-balance, –…

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Bitcoin New drop$6,000 and dozens of smaller digital tokens tumbled

Bitcoin dropped below $6,000 and dozens of smaller digital tokens tumbled as this month’s selloff in cryptocurrencies showed few signs of letting up. The largest digital currency fell as much as 6.2 percent to $5,887 as of 3:07 p.m. in Hong Kong, the lowest level since June, according to Bloomberg composite pricing. Ether sank as much as 13 percent, while all but three of the 100 biggest cryptocurrencies tracked by Coinmarketcap.com recorded declines over the past 24 hours. The total market capitalization of virtual currencies dropped to $192 billion from…

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