Forcepoint clinched two prestigious awards at GITEX Global 2023. The company, renowned as the world’s largest privately-owned cybersecurity firm, not only received accolades but also recognized the outstanding achievements of its partner engineers. Forcepoint’s impressive journey began with the ICT Champion Awards held on October 12, 2023. Here, the company secured the coveted ‘Data Protection Service Provider in Hybrid Cloud’ award. This recognition underscored Forcepoint’s commitment to fostering secure and trusting environments by understanding digital identities and their cyber capabilities, thereby safeguarding employees and critical data. Continuing their winning streak, Forcepoint triumphed in the ‘New Product / Service Launch’ category…
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Little App has joined forces with Absa Bank Kenya PLC and Visa to unveil an innovative Near Field Communication (NFC) payment feature. This collaborative effort aims to streamline and expedite the payment process on Little App taxis by allowing drivers to accept card-based payments using an Android smartphone, offering enhanced efficiency for both customers and drivers. The convenient, fast and secure option leverages Absa’s Mobi Tap app solution which turns a smartphone into a point of sale (POS) allowing customers to simply tap their contactless debit or credit cards on the driver’s Android phone or tablet to make a payment. …
Liquid Intelligent Technologies (Liquid) appoints Oswald Jumira as the CEO of Liquid C2 business unit. He will drive Liquid C2’s growth, innovation and strategy in the cloud and cyber security business. Oswald was the CEO of Vaya Technologies (Vaya), one of the business units of Cassava Technologies. Commenting on his appointment, Hardy Pemhiwa, President and Group CEO of Cassava Technologies, said, “Oswald’s appointment as CEO of our Cloud and Cyber Security business was a natural choice for us. He has been a member of the senior management team for many years, including as CEO of Vaya Technologies. He has deep industry…
British International Investment (BII), the UK’s development finance institution (DFI) and impact investor, today announced a US$26.5 million commitment to AFEX, Africa’s leading commodities platform, which currently operates over 200 warehouses in Nigeria, Kenya, and Uganda and serves over 450,000 farmers. The investment will support structural improvements in Africa’s agricultural industry, which will significantly benefit smallholder farmers and lead to improvements in food security. The signing of BII and AFEX’s new partnership took place today. It was attended by British Deputy High Commissioner in Lagos Jonny Baxter, BII Chief Executive Officer Nick O’Donohoe, and AFEX Group CEO Ayodeji Balogun. BII’s…
Verdant Capital played a pivotal role as the strategic and financial advisor for the joint venture transaction between Africa’s leading data centre operator, Open Access Data Centres (OADC), a WIOCC Group company, and TEXAF, one of the Democratic Republic of Congo’s oldest business groups. The landmark joint venture agreement, signed in July, signifies the parties’ commitment to revolutionizing the DRC’s digital landscape by establishing the country’s first open access, carrier-neutral data centre. Operating under the co-owned subsidiary, Open Access Data Centres-TEXAF Digital (DRC), the joint venture combines OADC’s pan-African data centre expertise with the WIOCC Group’s continent-wide hyperscale connectivity infrastructure…
Chapel Hill Denham’s Nigeria Infrastructure Debt Fund (NIDF) has agreed to provide long-term financing to Tizeti Network Limited – West Africa’s pioneer solar-based internet service provider. The senior debt facility will be used to finance the rollout of Tizeti’s state-of-the art broadband network across 15 states in Nigeria. Anshul Rai, the Chief Executive Officer of NIDF, said, “Chapel Hill Denham is excited to partner Tizeti in the expansion of fast, reliable broadband network across Nigeria. Digital economy is a key strategic pillar for Nigeria to accelerate its economic and social development, and providing access to affordable internet services is crucial…
With hybrid work becoming popular and new tech like AI depending on data mining, there are growing concerns amongst many businesses regarding cybersecurity. As Cybersecurity Awareness Month draws to a close, Veerakumar Natarajan, Country Head, Zoho Kenya shares some thoughts on technical security, privacy measures for businesses, and the importance of Zero Trust model. Kenya is now the third-most targeted country by cyber criminals in Africa, after Nigeria and South Africa, according to The Communications Authority of Kenya (CA). In a report released at the beginning of October, the regulator said the frequency, sophistication and scale of cyber threats targeted…
Entering the world of crypto can be a spooky experience filled with jump scares and unsettling myths, particularly for those who venture into this realm without a reliable guide. As Halloween approaches, to ensure that users are well-prepared, Binance unmasks the truth behind the two of the most haunting concerns in the crypto space, shedding light on the origins of these trends and dispelling the myths that have cast a shadow of doubt. According to the 2023 Geography of Cryptocurrencies report published by Chainalysis, crypto adoption in Kenya is strong, with an overall index ranking of 21. Cryptocurrencies have become an important…
Bybit, the world’s third most visited crypto exchange, announced that its co-founder and CEO, Ben Zhou, was a featured panelist at the 4th Tbilisi Silk Road Forum. The event, held under the theme “Connecting Today, Resilient Tomorrow” in Tbilisi, Georgia, on October 26 and 27, brought together global leaders to explore the dynamic landscape of fintech and cryptocurrency in rising economies. Ben Zhou joined a panel of esteemed speakers, including Natia Turnava, Acting Governor and First Vice-Governor of the National Bank of Georgia; Pedro Vieira, Partner at 500 Global; Dr. Andreas Glarner, Legal Partner at MME; and Salim Dhanani, CEO &…
Nowadays, more and more people use their phones to place bets, so the bookmaker 1xBet has developed a special application that allows you to bet on sports with additional comfort. This 1xbet app review will allow you to find out how this development works and what advantages it has. First of all, the application allows you to quickly go to the line of gaming events and place a bet. The application icon can be placed in any convenient place. Also, the mobile application consumes significantly less phone resources. This is because the site may load additional advertisements, tabs, stories, banners…