Author: Staff Writer
Founders Factory Africa, an early-stage venture capital firm, has rebranded as 54 Collective, with a focus on supporting African start-ups using a R3 billion investment fund. 54 Collective, builds on its track record of investing in and scaling early-stage ventures in Africa. The new name, 54 Collective, reflects the firm’s ambitious pan-African vision, aspiring to help entrepreneurs grow their businesses to serve all 54 African countries. “Our catalytic capital and value-add support to founders, through our Venture Success Platform, signifies our evolution and ongoing mission to support entrepreneurs across Africa and enable them to build without boundaries to drive commercial…
Huawei Cloud successfully hosted the Database Innovation Forum 2024 in Cape Town, South Africa. The theme of the forum was “GaussDB: A Better Way to Database”. In collaboration with local customers and partners, Huawei introduced its GaussDB solutions to enable various public and private industries in the country to access distributed database technologies and accelerate digitalisation. GaussDB is a trustworthy data foundation for mission-critical workloads because it ensures high availability, performance, security, scalability, and intelligence. At this forum Huawei Cloud also launched its GaussDB Pioneer Programme to promote innovation and further adoption of database technologies in the country. Huawei Cloud…
Aleph is announcing a sales partnership that will expand Pinterest’s digital advertising solutions to 11 new markets across LATAM, Asia, the Middle East and Africa: Costa Rica, Dominican Republic, Ecuador, Guatemala, India, Israel, Morocco, Nigeria, Peru, South Africa and Turkey. “South Africa’s social media landscape is one of most vibrant and diverse on the continent with the estimated 26 million users gravitating to an average of eight platforms per person. The growing popularity of Pinterest among local users – nearly half of social media users turn to the platform for inspiration each month – presents a unique opportunity for brands.…
During major sporting events, concerns about safety and crowd management reach new heights. In this context, effective video surveillance, including effective smart video storage and analytics, becomes an essential tool to guarantee the safety of participants, public and infrastructure. The challenges : capacity and endurance Modern smart video surveillance faces several challenges, primarily the fact that cameras must be able to operate 24/7 to ensure uninterrupted coverage. Storage solutions must therefore offer high capacity and exceptional endurance to handle high-resolution video streams. Western Digital’s WD Purple Pro hard drives, for example, are specifically designed for these requirements, supporting capacities of…
Growthpoint Properties (JSE: GRT), the country’s real estate investment trust (REIT), is set to transform the commercial real estate landscape by introducing a clean, green energy benefit scheme called e-CO2 at 10 of its properties in Sandton, Johannesburg. With all major elements already in place for the scheme to debut in July 2025, Growthpoint will deliver the first green energy to its office buildings through wheeling, reducing carbon footprints and generating Renewable Energy Certificates (RECs) for tenants using the latest blockchain technology. The Growthpoint e-CO2 green energy benefit scheme (e-CO2 is short for electricity minus carbon dioxide and pronounced “eco…
Irvine Partners, independent creative communications agency in Africa, today announced the opening of its second European office in Stuttgart, Germany. This expansion coincides with the launch of a dedicated travel and tourism division within the agency. Established in South Africa in 2010, Irvine Partners has grown its pan-African network, with wholly owned offices in Kenya, Ghana, and Nigeria. In late 2020, the agency expanded its international reach with the opening of its London office, which is now the group’s headquarters. The decision to launch the German office alongside a dedicated travel and tourism division is a natural evolution for Irvine…
In a strategic move aimed at enhancing client experience, inq., a global leader in Edge solutions, has directed its efforts on better servicing clients through South Africa, a key region with a significant presence of multinational corporations. This aligns with the new group-level strategy to leverage South Africa’s robust market landscape, ensuring that its diverse client base expectations are exceeded through the concentration of efforts in the region. “Along with this move, the Security Operations Centre (SOC) and Network Operations Centre (NOC) will be located in South Africa covering Namibia, Swaziland, Botswana and Mozambique” says Andile Ngcaba, Executive Chairman at…
From ‘Yahoo Boys’ who operate online to the seemingly innocent man or woman on the street, scammers are everywhere, and their tactics are becoming increasingly sophisticated. Dave Barber from Walking with Winners says, “You wouldn’t be able to spot a scammer in the street. They don’t have a distinct appearance, like being covered in tattoos and wearing thick gold chains, while offering you a brilliant investment opportunity. Scams are also not chance encounters. Scammers do their best to fit into society and in this way are able to gain your confidence.” According to the Southern African Fraud Prevention Service (SAFPS),…
Telkom welcomed the Competition Commission’s recommendation to the Competition Tribunal (Tribunal) to approve the proposed transaction to sell 100% of Swiftnet, with conditions. Telkom obtained shareholder approval on 24 May 2024 for the sale of the masts and towers business housed in Swiftnet for R6.75 billion to an infrastructure fund managed by a subsidiary of Actis LLP with Royal Bafokeng Holdings as its B-BBEE partner. This decision remains pivotal to Telkom’s goal of unlocking shareholder value and streamlining our focus on core operations and strategic initiatives. The disposal is now been referred to the Tribunal for their final decision. The…
Melon Mobile, Africa’s first truly digital telco, has launched a campaign inviting all South Africans to experience their fully customisable and super flexible mobile network — for free. This is the first time a mobile company in SA has allowed customers to sign up with the option to later opt out, putting the power of experience in the hands of those it belongs to, the customer. In a move that challenges the traditional business model, Melon Mobile is offering a 14-day free trial with 5GB Data plus unlimited Calls & Texts, allowing consumers to take their service for a test…