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Moove, an African mobility FinTech, today announced its launch in Cape Town as part of its growth plans across the continent. The expansion marks the fourth city in which Moove has launched within only 15 months of operations, and coincides with five new hires for Moove’s global C-suite and the milestone of completing one million Uber trips in Moove-financed cars. The rollout in Cape Town follows Moove’s recent $23m Series A funding and builds on existing operations in Johannesburg, Lagos and Accra, with a goal of democratizing vehicle ownership across Africa. Plans are set to establish a presence in more…
Huawei’s annual flagship event for the global ICT industry – Huawei Connect 2021 – kicked off today. Huawei Rotating Chairman Eric Xu opened the event with a keynote speech titled “Innovating Nonstop for Faster Digitalization”. This year’s event, themed “Dive into Digital”, explores how digital technology can better integrate with business scenarios and industry know-how to address critical business challenges, and how stakeholders can work together more effectively to foster an open industry ecosystem and drive shared success. The event is scheduled to have four keynotes, five summits, and 66 sessions, featuring more than 200 speakers, including industry visionaries, business…
Huawei Connect 2021 opened today, with Eric Xu, Huawei Rotating Chairman, delivering a keynote speech Innovating Nonstop for Faster Digitalization that included the launch of Huawei Cloud UCS. This Ubiquitous Cloud-Native Service is the industry’s first distributed cloud-native product. Zhang Ping’an, CEO of Huawei Cloud and President of Huawei Consumer Cloud Service spoke about Huawei Cloud : Everything as a Service. In this keynote, two new regions were announced, and ten new services launched include MacroVerse aPaaS, OptVerse AI Solver, Huawei Cloud Stack 8.1, Pangu drug molecule model, and SparkRTC. Zhang also announced the first virtual human, Yunsheng, to join…
Digital transformation is crucial to ensuring that South Africa thrives in an age of mass disruption. That disruption is taking place across a variety of industries but also presents major opportunities for those willing to take them. That was the message from the Huawei Connect Summit, which commenced today. This year’s event, themed “Dive into Digital”, explores how digital technology can better integrate with business scenarios and industry know-how to address critical business challenges, and how stakeholders can work together more effectively to foster an open industry ecosystem and drive shared success. “So many organisations around the world have recognised…
Mining company Exxaro is developing a 70MW Lephalale Solar Project that will supply renewable energy to the Grootegeluk Complex. The Grootegeluk Complex is an integrated coal operations owned by another subsidiary of Exxaro, Exxaro Coal. Exxaro is executing the project through its renewable energy subsidiary Cennergi. The Grootegeluk Complex will derive long term sustainable benefits from the Lephalale Solar Project, including security of clean electricity supply, significant energy cost savings and a carbon footprint reduction. Roland Tatnall, Exxaro’s MD for Energy says “we are pleased to announce that Exxaro Coal and Cennergi have concluded a term sheet setting out material…
KFC South Africa has launched its very own in-house delivery service – KFC Delivery PLUS, enabling consumers to place their orders via the KFC mobile app or website. This addition is a key expansion of the brand’s eCommerce commitment and comes just a month after the launch of its WhatsApp ordering platform – a first for the QSR sector locally. “There is no doubt that much has changed in the world over the past 18 months. The nature of the various lockdowns and the need to isolate has driven a huge shift in consumer attitudes towards online ordering. This trend has been a key driver of the launch of KFC Delivery PLUS – focusing on fresh and fast delivery, to all corners of SA,”…
South Korean tech giant LG Electronics is buying Cybellum, a leading vehicle cybersecurity risk assessment solution provider. The deal allows LG to assume an approximate 64% stake in the tech company valued at $140 million or R2 billion, a strategic move that will enhance LG’s cybersecurity capabilities and accelerate its efforts to become an Innovation Partner for Future Mobility. Remaining shares will be acquired in the near future with the final valuation and total investment amount to be confirmed at that time. On top of this initial investment, LG committed to a simple agreement for future equity (SAFE) to invest…
Africa’s largest security services provider has been created after the Competition Tribunal approved the acquisition of digital signature services company Lawtrust by JSE-listed Altron. The R245-million deal will see Lawtrust being integrated into Altron, which also acquired identity management market leader, Ubusha Technologies, in 2019 to form Altron Security. Altron Group Chief Executive, Mteto Nyati, said the acquisition of Lawtrust positioned Altron Security as a one-stop shop for digital and information security. Lawtrust is a digital trust services and cyber information security solutions company which provides solutions used to verify the authenticity of digital identities and counterparty systems in transactions,…
Africa Data Centres, the only pan-African network of interconnected, carrier-and cloud-neutral data centres on the continent, has completed its new Johannesburg data centre, based in its Midrand Campus which is one of the largest in Africa. This state-of-the-art facility, designed with the latest global standards is the ideal location for technology companies and enterprises to secure IT infrastructure in an interconnected environment. This ultra-modern facility continues to strengthen the leading position that Africa Data Centres has in the South African market. The new hyperscale data centre is one of the continent’s most significant data centre deployments, which alongside existing facilities across…
Vodacom, and Mondia, a private m-commerce company dedicated to connecting, digitalising and monetising mobile consumers, announced the rollout of the Mum & Baby maternal health service across Lesotho from September 2021. Mum & Baby is a freemium mobile health intervention that provides Vodacom subscribers with maternal, neonatal and child health information designed to encourage good health practices amongst pregnant women, mothers, partners and caregivers. Vodacom partnered with Mondia to create Mum & Baby’s tailored content, which includes videos, expert articles, and information-sharing SMS messages. Mum & Baby also provides interactive tools including a due-date calculator, an immunisation calendar, a medication…