This year’s Fintech Challenge was keenly contested with applications from over 412 innovative fintech entrepreneurs from across Africa, Europe, North America and Asia
LOME, Togo, September 7, 2018/ -- Nala, Virtual Identity and Wallet.ng dazzle judging panel to be the three winners of the competition; All 11 finalists were officially inducted into the Ecobank Fintech Fellowship programme to explore commercial...
The Four Regional Winners Now Proceed to the Global Tournament at MIT on November 8 to vie for $1,000,000 USD
CAMBRIDGE, United States of America, September 7, 2018/ -- The MIT Initiative (www.MITInclusiveInnovation.com) on the Digital Economy has announced the four regional winners for their 2018 global economic prize, the MIT Inclusive Innovation Challenge (IIC) (www.MITInclusiveInnovation.com) in Africa. The winning...
News
Rugby World Cup Repechage: Four Kenya 7s Players Join Kenya Simbas ahead of Repechage
Staff Writer -
Andrew Amonde, Dennis Ombachi, Sammy Oliech and Nelson Oyoo of Kenya 7s are training with Simbas
NAIROBI, Kenya, September 5, 2018/ -- Kenya Simbas are into the first week of training for the upcoming repechage that will be played in November in Marseille, France.
The Simbas, under assistant coach Dominique Habimana, have been doing gym sessions since Monday with ball work...
During her 10-day visit, the Independent Expert will visit the capital, Nairobi, as well as Thika, Embu, Eldoret and Migori
GENEVA, Switzerland, September 5, 2018/ -- The UN Independent Expert on the enjoyment of human rights by persons with albinism, Ikponwosa Ero, will conduct an official visit to Kenya from 7 to 17 September 2018.
“The purpose of the mission is...
Only about 70% of the population is literate, and the rate drops to around 60% for women
ARNHEM, Netherlands On a personal level the statistics are grim:
More than 40 percent of Angolans live below the poverty line;
Unemployment is widespread, especially among the large young-adult population;
Only about 70% of the population is literate, and the rate drops to around 60% for...
Executive Corner
Community Networks Key to Connecting Africa, says Internet Society
Special Correspondent -
As Internet access continues to grow in Africa, with over 450 million people now connected to the Internet, more than 60 percent of the population still remains offline
EASTERN CAPE, South Africa, September 3, 2018/ -- As Internet access continues to grow in Africa, with over 450 million people now connected to the Internet, more than 60 percent of the...
Executive Corner
IRU Media Prize on the Future of Transport and Trade now open for entries
Special Correspondent -
Articles or broadcasts are to be submitted in English or Arabic, with eligible works published between 19 June and 5 October 2018
MUSCAT, OMAN, September 3, 2018/ -- IRU (www.IRU.org) is launching its media prize, recognising significant contributions from the media to the transport sector debate, to coincide with its World Congress in Oman, 6-8 November 2018.
This year’s honour...
After a foreign kickstart, African investors and regulators have to take over the lead in shaping the continent’s sustainable energy future
KIGALI, Rwanda, September 3, 2018/ -- For years, the African renewable energy development market has been dominated by foreign investors and financial institutions. Now is the time for African investors to step up to the plate and join the...
China is actively positioning itself as a major supplier of arms to the African continent and is stepping up its shipments of weapons to conflict zones through Djibouti in the Horn of Africa.
LONDON, United Kingdom.
EXX Africa (https://www.EXXAfrica.com) published a special report on the secret Chinese arms trade in the Horn of Africa.
Download the report: http://bit.ly/2PvgfDy
Beyond the commercial...
Executive Corner
Africa’s insurance industry is poised for further growth – PwC insurance survey
Special Correspondent -
Africa’s insurance industry is facing more disruption than any other industry, posing challenges for some while opening up business opportunities for others
JOHANNESBURG-The opportunities for growth in Africa’s insurance industry are huge despite recent economic and political uncertainty. The insurance industry has done well to adapt to continuous disruption, with technological advances now considered the most important global trend disrupting...




















![Canon makes history with 170 Million lenses milestone Canon’s RF/EF lens production exceeds 170 million units, extending its world record in interchangeable lens production Both EF and RF lenses have gained strong support from a wide range of users—from beginners to professionals—leading to steady growth in production volume Canon Inc. announced that, in October 2025, Canon reached a historic milestone of producing a cumulative total of 170 million RF and EF interchangeable lenses for its EOS series, extending its world record for the highest number of interchangeable camera lenses ever produced. The EF lens was introduced in 1987 as the dedicated lens system for Canon’s EOS autofocus single-lens reflex film camera, debuting simultaneously with the EOS system itself. Since their inception, EF lenses have led the industry by incorporating a series of world-first technologies, including the Ultrasonic Motor (USM), Image Stabilizer (IS) technology, and a multilayered Diffractive Optical (DO) element, and have undergone numerous evolutions. In 2018, Canon launched the RF lens series, designed for the EOS R mirrorless camera system, which features a large aperture, short back focus, and high-speed communication system to deliver even higher image quality. The RF and EF lens series lineup now includes a total of 108 models , covering a wide range of focal lengths from ultra-wide 10mm to super-telephoto 1200mm. The series also includes the world’s first VR lens lenses with built-in power zoom suited for video shooting, and even those compatible with power zoom adapters—expanding the scope of creative expression and meeting the diverse needs of users for both still photography and video. EF lens production began at Canon’s Utsunomiya Plant in 1987. Since then, both EF and RF lenses have gained strong support from a wide range of users—from beginners to professionals—leading to steady growth in production volume. Today, Canon manufactures lenses at five sites: Utsunomiya Plant; Canon Inc., Taiwan; Canon Opto (Malaysia) Sdn. Bhd.; Oita Canon Inc.; and Miyazaki Canon Inc. Milestones include 10 million units produced by 1995 and 50 million by 2009. Then in 2014, Canon became the first company in the world to reach 100 million interchangeable camera lenses produced. In October 2025, the company reached 170 million units, leading to the achievement of this world record. The 170 millionth lens produced was the RF 70-200mm F2.8 L IS USM Z. Canon has maintained the No.1 global market share for digital interchangeable-lens cameras for 22 consecutive years since 2003. Moving forward, Canon will continue to refine its proprietary imaging technologies and further strengthen and expand its lens lineup, pioneering new imaging possibilities and contributing to the continued evolution of photographic and video culture. Highlights in the development of the RF/EF Lens Series The EF lens, which was introduced alongside EOS in March 1987, has adopted a variety of world-first technologies, including Image Stabilizer (IS) technology, featured in the EF 75-300mm f/4-5.6 IS USM released in 1995; a multilayered Diffractive Optical (DO) element, used in the EF 400mm f/4 DO IS USM launched in 2001; and Subwavelength Structure Coating (SWC) [7], applied to the EF 24mm f/1.4L II USM released in 2008. In 2021, Canon launched the EOS VR System, a VR video system consisting of a mirrorless camera [8], dedicated lens, and PC software, thereby creating a 3D 180° VR video through an interchangeable lens camera. In 2024, Canon began rolling out a new series of hybrid lenses equipped with iris rings, designed to meet the needs of both still photography and professional video production. For zoom lenses, the company has also launched RF 24-105mm F2.8 L IS USM Z and RF 70-200mm F2.8 L IS USM Z which are compatible with power zoom adapters. For single focus lenses, the company released F1.4 L hybrid prime lens series that unified the size and ring and button position across models. In September 2025, Canon launched RF 85mm F1.4 L VCM, the fifth model in this series, demonstrating that it can meet demands in line with the changing times. [1] Includes EF, EF-S, EF-M, EF Cinema, RF, RF-S, and RF Cinema lenses and extenders. As of October 21, 2025 (according to a survey by Canon) [2] Among SLR cameras (according to a survey by Canon) [3] Number of products sold as of October 22, 2025 (including extenders). The number of lens models for sale is different according to market figures. [4] Focal length is 5.2mm to 1200mm when including VR lenses [5] An interchangeable digital camera lens that enables VR footage with a single camera. Among interchangeable lens digital cameras released as of October 5, 2021 (according to a survey by Canon) [6] Refers to unit share (according to a survey by Canon) [7] A special coating with advanced anti-reflective properties [8] For applicable cameras, please visit the official Canon website *Release dates in this document refer to dates in Japan. Canon Central and North Africa (CCNA) is a division within Canon Middle East FZ LLC (CME), a subsidiary of Canon Europe. The formation of CCNA in 2016 was a strategic step that aimed to enhance Canon’s business within the Africa region - by strengthening Canon’s in-country presence and focus. CCNA also demonstrates Canon’s commitment to operating closer to its customers and meeting their demands in the rapidly evolving African market. Canon has been represented in the African continent for more than 15 years through distributors and partners that have successfully built a solid customer base in the region. CCNA ensures the provision of high quality, technologically advanced products that meet the requirements of Africa’s rapidly evolving marketplace. With over 100 employees, CCNA manages sales and marketing activities across 44 countries in Africa. Canon’s corporate philosophy is Kyosei – ‘living and working together for the common good’. CCNA pursues sustainable business growth, focusing on reducing its own environmental impact and supporting customers to reduce theirs using Canon’s products, solutions and services. At Canon, we are pioneers, constantly redefining the world of imaging for the greater good. Through our technology and our spirit of innovation, we push the bounds of what is possible – helping us to see our world in ways we never have before. We help bring creativity to life, one image at a time. Because when we can see our world, we can transform it for the better.](https://businessinsights.africa/wp-content/uploads/2026/05/1.-Canon-EOS-R50-Mirrorless-Camera-for-Beginners-1024x764-1-100x70.jpg)




