Saudi Aramco’s digital arm is in talks to take a significant minority stake in Mavenir, in a deal that is likely to value the U.S. telecommunications software maker at about $3 billion, people familiar with the matter told Reuters on Friday. Aramco Digital is in talks to invest about $1 billion in Mavenir and a deal...
Day: <span>25 November 2024</span>
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Vodacom Group launches initiative to upskill 1million young people across Africa
Vodacom Group has partnered with technology providers to provide young people on the continent with access to digital skills as part of its commitment to driving digital literacy for Africa’s next generation. Together with AWS, Microsoft, Skillsoft and other collaborating organisations Vodacom aims to bridge the digital skills gap across eight African countries and upskill...
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Telecoming and MTN partner to launch cloud gaming in South Africa
MTN, Africa announces the launch of Cloudplay, a revolutionary new cloud gaming service, with Telecoming, a sportech company specializing in developing and distributing mobile experiences for sports and entertainment. This project marks a new milestone in the ongoing collaboration between the two companies. MTN Cloudplay will allow MTN users in South Africa to access a...
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Yellow Card Secures Crypto Asset Service Provider Licence in South Africa
Yellow Card, Africa’s leading stablecoin-based infrastructure provider, has been issued a Crypto Asset Service Provider (CASP) licence by the Financial Sector Conduct Authority (FSCA) in South Africa. Commenting on the FSCA’s decision to issue the licence to Yellow Card Financial South Africa, Chris Maurice, Yellow Card’s co-founder and CEO, said, “The CASP licence underscores Yellow...
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How FMCG retail can turn Black Friday into a festive season win
Black Friday has become an integral part of the South African retail calendar. With consumers rushing to find the biggest and best deals, many retailers view the event as a race to the bottom. However, in the fast moving consumer goods (FMCG) sector, Black Friday has evolved into a strategic investment of getting customers into...