For the first time in two decades, the US dollar and the Euro hit parity in July 2022. The currency, shared by 19 European countries, has slumped more than 11 per cent since the beginning of this year.
But the weakened Euro holds great economic significance for businesses as well as individuals, especially those earning and spending in US dollars,...
Vertiv (NYSE: VRT) (https://bit.ly/3DaepCh), a global provider of critical digital infrastructure and continuity solutions, announced today the opening of its new office and state-of-the-art Customer Experience Center in Nairobi. With an increasing demand for high efficiency critical infrastructure in East Africa, this center supports Vertiv’s efforts in offering digital infrastructure solutions to local customers.
The center’s experts offer firsthand knowledge...
The Africa Women Innovation and Entrepreneurship Forum (AWIEF) (www.AWIEForum.org) has announced Kigali, Rwanda, as the Host City for its 2023 conference and awards.
The announcement was made in conjunction with the Rwanda Convention Bureau during the AWIEF2022 event recently held in Cairo, Egypt on 26 and 27 September.
The AWIEF2023 conference venue has been confirmed as the Kigali International Convention Centre...
SUBTONOMY (https://www.Subtonomy.com/), the leading Network Experience Platform provider in the Nordics, has announced that it will be attending AfricaCom in South Africa (8-10 November 2022) to bring its world-class digital customer support offering to Africa.
The African digital revolution
It’s time to reappraise Africa’s place in the global digital market. Long held back by affordability and availability issues, the advent of...
KCB Bank Kenya has inked a partnership with Mobex (an affiliate company of Terra-Pay Group, a UK-headquartered digital payments infrastructure and solutions provider). The partnership will enable KCB customers to seamlessly receive funds from the diaspora to their accounts in Kenya
With TerraPay onboard, KCB Bank says it is seeking to fortify its position as a key player in strengthening...
Shelter Afrique is developing a Sovereign Lending product to supplement its traditional products that attend to both the demand and supply sides of the housing value chain, the pan-African housing development financier has disclosed.
Speaking in Nairobi, Shelter Afrique Ag. Managing Director Kingsley Muwowo said Africa’s GDP contraction resulting from COVID-19 was an alarming sign of a slump in the...
The Kenya Medical Supplies Authority (KEMSA) is engaging county governments to consider ringfencing health budgets and integrating information technology solutions to facilitate operating efficiencies and prompt payments for health commodities supplied by the Authority.
Speaking when she made the Authority's submission to the Nairobi City County Health Reforms Taskforce, KEMSA CEO Terry Ramadhani decried the prompt settlement challenges for...
Launched by The LEGO Foundation, the Build A World of Play Challenge enables organizations that aim to make a positive impact on the youngest children anywhere in the world
Africa’s leading creator and producer of children’s educational media, Ubongo (www.Ubongo.org), is delighted to announce that it has been chosen as one of the 10 finalists in the Build A World...
It's a big, hairy, audacious goal but Huawei is committed to training 1 million ICT professionals over the next two years to help address the global skills shortage
Unpacking the skills deficit
Driving the need for this investment is the increasingly rapid pace of digital transformation worldwide - a trend that chafes against the World Bank's talent deficit forecast of 10...
A Cybereason report shows that 49% of enterprises who pay the ransom either get only part of their data back, or none at all
By Ning Yun, Director of Data Storage Department of Huawei SAR (Huawei.com)
Ransomware is striking at an alarming rate. Information technology research and consultancy company Gartner predicts, by 2025, at least 75% of IT organizations will...
