Browsing: technology

Flutterwave enables Google Pay for African businesses. www.theexchange.africa

Online payment solutions are immensely beneficial for their users, both customers and merchants alike. Online payments help reach global customers, reduce the cost of transactions and provide payment security (compared to cash payments). They create a more pleasant experience for the users who need not rush to banks and malls to buy or pay for their needs.

Pan-African fintech giant Flutterwave has kept its promise about Google Pay, as users of the global payment service can now use it for transactions with merchants on Flutterwave’s stores.

Google Pay was designed to enable users’ safe, seamless, contactless payments. It uses near-field communication (NFC) technology to facilitate fund transfers for retailers in physical stores. Users can also save their card details into the Google Wallet service and make online or in-app payments.…

The signing ceremony was attended by Jonas Bogoshi, CEO of BCX, Selina Yuan, Alibaba Group Vice President, and Alibaba Cloud Intelligence International President and Daniel Jiang, General Manager of the Middle East and Africa, Alibaba Cloud Intelligence. www.theexchange.africa

Partnerships have largely driven technology innovation and global collaborations among tech companies, and Alibaba Cloud is not slowing down in committing itself to such partnerships.

System integrator Business Connexion (BCX) has announced a strategic partnership with Alibaba Cloud, the digital technology and intellectual backbone of the Alibaba Group, to bring the best-in-class cloud technologies to local businesses in South Africa to drive local digitalization.

  • System integrator Business Connexion (BCX) has announced a strategic partnership with Alibaba Cloud
  • The two parties sealed an exclusive distribution contract to grant BCX exclusive rights and authority to distribute Alibaba Cloud’s products and services in the country.

According to Selina Yuan, Alibaba Cloud Intelligence International President, “Partners have always been a key focus for Alibaba Cloud, and we are committed to providing them with strong support for our ongoing co-creation and value-add – both technologically and commercially – to further empower our customers.”

According to …

How artificial intelligence will impact the South African workforce. www.theexchange.africa

CyborgIntell Africa says it will work closely with financial institutions and other enterprises to help them rapidly develop, deploy and operationalize AI applications at scale.

A statement says the CyborgIntell platform addresses the key challenges companies face in the data science/machine learning lifecycle – from data selection and modelling, and operationalizing AI, to managing risk and governance.

“AI is a powerful and transformative technology, yet many companies across the world find it difficult to unlock its full potential. More than a third (36%) of organizations take more than 90 days to deploy data science machine learning (ML) projects, while the failure rate of such initiatives is estimated to be 85% across industries,” said McLachlan, CyborgIntell managing director.…

Smart Agriculture through Mobile Technologies in Africa. www.theexchange.africa

Smartphone adoption in Africa remained sluggish in the latter part of the last decade. This is beginning to change as a combination of pandemic-driven demand for better connectivity and improved affordability of smartphones drive uptake.

According to a report by GSAM, by the end of 2020, 495 million people subscribed to mobile services in Africa, representing 46 per cent of the region’s population, an increase of almost 20 million in 2019.  It is estimated that 615 million people in sub-Saharan Africa will subscribe to mobile services by 2025, equivalent to 50 per cent of the region’s population.

  • Utilizing the development of mobile digital technologies can assist farmers in gaining access to essential data and information needed to solve certain farming management systems and underlying constraints.
  • It is estimated that 615 million people in sub-Saharan Africa will subscribe to mobile services by 2025, equivalent to 50 per cent of the
Liquid Cloud Brings Amazon Web Service Direct Connect to Business Customers Across Africa. www.theexchange.africa

FastConnect will be offered at current Africa Data Centre (ADC) facilities all over the continent for Liquid Cloud’s co-located clients in addition to organizations using Liquid CloudConnect as a service. An organization’s on-premises applications and Oracle Cloud Fusion Applications will be connected through this solution, improving the user experience. Businesses may move massive volumes of data safely, economically, and effectively with FastConnect via Liquid CloudConnect.

Whether on-premises or co-located through ADC facilities around the continent, Liquid will assist its customers in achieving simplicity, enterprise-class security, and seamless operations.

In July, Liquid also launched its first Cyber Security Fusion Centre in Johannesburg in a bid to eliminate silos and enhance threat visibility leading to deeper collaboration across teams and increased cyber resiliency.…

Brazil's Ebanx expands into Africa with an eye on mobile money. www.theexchange.africa

Much like it did in South America, EBANX wants to centre its strategy on collaborations and partnerships with global merchants. The company processes payments for Uber, Airbnb, and over 1,000 digital companies throughout Latin America.

In a statement, the CEO and co-founder, João Del Valle, explained that although Africa’s digital economy is still nascent, its exciting potential motivated his company’s decision. “Africa’s fast-growing digital economy is only in its early days, and it’s projected to grow up and to the right for the next few decades. Together with local players, EBANX will be a catalyst to realize the many benefits of a digital economy even faster.”

“Expanding our solutions to African countries speaks directly to EBANX’s mission of creating access, and having Pipefy as a merchant makes this moment even more special to us, expanding solutions and services throughout regions full of opportunities,” Paula Bellizia, the President of Global Payments …

Cellulant Partners with Orange Money for Wallet Transfers in Botswana. www.theexchange.africa

Customers can also buy airtime and access other mobile network operator services using their Visa or Mastercard debit and credit cards through Tingg, Cellulant’s digital payments platform.

Tingg by Cellulant is at the forefront of ensuring digital financial solutions are available across the continent. Tingg, which integrates 211 banks in Africa, is a one-stop payment aggregator for multinational corporations, mid-caps, and small and medium-sized enterprises (SMEs).

Tingg enables merchants to receive, view and reconcile all their payments through a single platform or their system by integrating Tingg’s Application Programming Interfaces (APIs), eliminating the need to subscribe to multiple providers’ payments and, in the case of mobile money, mobile network operators (MNOs) and banks.…

How to build your future with Digital Technology. www.theexchange.africa

The ZSE’s 2020 research found that individual Zimbabweans made a meagre amount of contributions to the regional capital market. A few of the obstacles mentioned are a lack of understanding of the investment process and the notion that it is the realm and preservation of the wealthy in society.

According to an article by Mail and Guardian published May 25, 2022, this survey prompted the bourse to launch ZSE Direct, a product that would make access to the market straightforward even for first-time investors.…

AWS opens new offices in Johannesburg, South Africa. www.theexchange.africa

In 2020, Amazon launched the Africa (Cape Town) Region, the first AWS Infrastructure Region in South Africa. However, plans for the construction of a new Cape Town-based Amazon Africa headquarters were blocked earlier this year by the Cape Town High Court as Amazon had allegedly not gone through the proper process to acquire the land.

Meanwhile, retailer Pick n Pay migrated its entire on-premise information technology infrastructure to Amazon Web Services (AWS).

In a statement, AWS says Pick n Pay worked with Lemongrass Consulting, an AWS Premier consulting partner with migration and SAP Consulting Competencies, to migrate its on-premises SAP environment to AWS and implement a modern SAP HANA platform.

According to the US-based cloud computing giant, moving to the cloud will enable Pick n Pay to streamline its operations and modernize the supply chain network for its stores, develop new digital customer experiences in omnichannel grocery, and expand into …

Trucks loaded with logs in Bangui, capital of the Central African Republic. www.theexchange.africa

The Central African Republic was the 186th largest exporter in the world in 2020 with a total export value of US$127 million. The country's exports decreased by US$26.1 million over the past five reported years, from US$153 million in 2015 to US$127 million in 2020.

Rough wood which contributed US$51.9 million in export earnings, gold (US$34.7 million), diamonds (US$14.7 million), sawn wood (US$9.55 million) and refined copper (US$6.66 million) are the most recent export leaders. China (US$50.8 million), the United Arab Emirates (US$37.3 million), Italy (US$12.2 million), Belgium (US$6.84 million), and France (US$4.5 million) are the Central African Republic's top export markets.…

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