Africa Data Centres Announced as Latest Partner for London Internet Exchange (LINX) Nairobi. The Interconnection Hub for East Africa

Africa Data Centres Announced as Latest Partner for London Internet Exchange (LINX) Nairobi. The Interconnection Hub for East Africa

Africa Data Centres (ADC) has announced its partnership with the London Internet Exchange (LINX) for the new East African interconnection hub, LINX Nairobi. LINX Nairobi is set to become the region’s first interconnected, multi-site Internet Exchange Point (IXP), offering redundancy and resilience for networks peering there. This partnership aims to foster growth, enhance connectivity, and expand digital services across new markets in Africa. LINX Nairobi is set to go live in the coming weeks and is the region’s first interconnected, multi-site Internet Exchange Point (IXP). The technical specification of the…

Twitter expands access to its experimental Status feature but not to its paid subscribers

  Twitter expands access to its experimental Status feature but not to its paid subscriber Twitter’s throwback feature,  is today expanding its list of potential status updates to choose from, in a continuation of tests that began this July. The status feature, which is something of a cross between MySpace moods and a Facebook status, allows users to tag posts with an additional expression beyond the tweet itself like “shower thoughts,” “spoiler alert” or “picture of the day.” Other new status options now available include ‘Breaking news’, ‘Games’, ‘Pet of…

IMF Delays $238 Million Loan for Kenya

IMF

IMF Delays $238 Million Loan for Kenya  Kenya may need to find alternative sources to finance its current budget due to a delay by IMF [International Monetary Fund] in issuing it a 28 billion shilling loan ($238 million). Kenya included loan funds in the current fiscal year’s budget. Delay may see the nation seeking alternative budget financing. The funding is part of a $2.34 billion extended credit facility and extended fund facility that was agreed to by the IMF more than a year ago for budget support. The loan needs board approval…

Safaricom and Visa launch M-Pesa Global Pay Visa Virtual Card

Safaricom and Visa launch M-Pesa Global Pay Visa Virtual Card Safaricom has entered an agreement with Visa to form M-Pesa GlobalPay Visa Virtual card which will see the mobile phone-based money transfer service transact in 200 countries. This will allow customers to transact up to Sh150,000 ($1,28370) per payment and Sh300,000 ($2,567.3) per day. The deal is expected to shore Safaricom’s earnings from the mobile money services at a time M-Pesa revenues have been growing steadily. “By partnering with Visa to provide the M-Pesa GlobalPay Visa virtual card, we are…

Celebrating Africa Day 2022

HAPPY AFRICA DAY

Africa Day African Unity Day, also known as Africa day is celebrated annually on May 25th. It commemorates the founding of the Organisation of African Unity (OAU) on this day in 1963. Celebrating Africa Day by exploring the continent’s art and culture through a new lens would be awesome. It is a statutory public holiday in several countries such as The Gambia, Mali, Namibia, Zambia, and Zimbabwe. The History of Africa Unity Day It was convened by Prime Minister of Ghana Dr. Kwame Nkrumah, and comprised representatives from Egypt (then…

Researchers Devise iPhone Malware that Runs even when Device is turned off

Researchers Devise iPhone Malware that Runs even when Device is turned off Research is largely theoretical but exposes an overlooked security issue When you turn off an iPhone, it doesn’t fully power down. Chips inside the device continue to run in a low-power mode that makes it possible to locate lost or stolen devices using the Find My feature or use credit cards and car keys after the battery dies. Now researchers have devised a way to abuse this always-on mechanism to run malware that remains active even when an…

How to Celebrate World International Odometer Day

Every year, May 12 is observed as National Odometer Day and is celebrated to learn more about the odometer. The word ‘odometer’ is derived from two Greek words, ‘Hodos’ which means gateway or path, and ‘Metron’, which means ‘measure’ in English.12 May 2020. Let’s Celebrate World International Odometer Day National Odometer Day, is all about celebrating the invention of the odometer and how it has helped the design and function of automobiles progress. Without odometers, how could we track the progress we made? You are probably wondering what an odometer…

Tangerine, A Tech company boosts Financial inclusion in Africa

Tangerine,AFRICA

  Leading financial services and technology platform, Tangerine officially launched on Wednesday 7th July 2021. In September 2019, Tangerine was established following the acquisition of a 100% equity stake in Metropolitan Life Insurance Nigeria by Verod Capital Management, a leading private equity firm investing in growth companies across Anglophone West Africa. Today, Tangerine is positioned to be Africa’s preferred one-stop financial solutions provider, leveraging a tech-driven, flexible, high-access platform to drive business across all the financial services segments in Africa to deepen financial inclusion, facilitate wealth creation, and protection. In…

Maviance raises 3Million to digitize financial services

Maviance raises 3Million to digitize financial services Maviance, a Cameroon-based company providing digital financial services like agency banking and bulk bill payments, has raised $3 million in equity financing. The investment is solely from MFS Africa, the cross-border fintech company connecting mobile money providers like MTN to banks like Ecobank across over 34 countries in Africa. MFS Africa’s investment gives it an undisclosed minority stake in Maviance. Maviance’s flagship product is Smobilpay, a platform that integrates payment solutions from banks, mobile money operators, and telecom operators. Smobilpay is connected to…

TECNO new innovations to meet Africans needs

  For the past 15 years, many aspects contributed to Africa’s rapid economic growth. Mobile phones were critical in leading to this growth. Transsion, a Chinese-led group that started in Africa and focuses on emerging markets outside of China. Its brands, such as TECNO, are household names on the continent, where it is today the single biggest smartphone seller. Transsion’s vice-president, Stephen Ha, puts this down to designing phones specifically for the needs of the African consumers. In 2008, it made a strategic decision to focus exclusively on Africa, before…