Market Watch

17 February 2025 — Tether , the largest company in the digital asset industry, announced today the signing of a Memorandum of Understanding (MoU) with the government of the Republic of Guinea. This strategic collaboration aims to explore blockchain and peer-to-peer technologies, the possibility of driving economic growth, and positioning the country as a leader in Africa’s digital transformation. The MoU underscores Tether’s commitment to supporting blockchain adoption globally, aligning with its mission to foster innovation, education, and the responsible use of digital assets. This initiative goes beyond traditional learning by building a strong foundation for sustainable success. The MoU aims to focus on education, innovation, and sustainable technology practices while facilitating the transfer of international knowledge and best practices to Guinea. It hopes to establish the groundwork for the country’s adoption of blockchain technologies and create an environment conducive to innovation. A key element of this initiative is the possible development of blockchain expertise and education in collaboration with Cité des Sciences et de l’Innovation de Guinée (City of Science and Innovation of Guinea). Educational programs would be introduced across Guinea’s public and private sectors to raise awareness, build skills, and cultivate local talent in digital technologies. Tether […]

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Tokyo (Jiji Press) — A Japanese government panel agreed Thursday to promote digital transformation to tackle the aging of public infrastructure, including water supply and sewage systems. This followed a high-profile road collapse accident in Yashio, Saitama Prefecture, near Tokyo, last month, which is believed to have been caused by a broken sewage pipe. At a meeting of the digital administrative and fiscal reform panel, Prime Minister Shigeru Ishiba, who heads the group, instructed related officials to urgently work on the use of digital technologies for water and sewage systems to ensure that their operations by local governments are sustainable. Article continues after this advertisement He called for introducing such technologies within about three years, against the previous deadline of five years. For water and sewage systems, satellites and artificial intelligence systems will be used to collect and analyze data on temperature, geology and other factors to identify areas where water leaks may occur. Drones will be employed for inspections inside water pipes in order to find spots requiring repairs early. Ishiba also announced a plan to establish a public-private team to discuss how to develop AI data centers and power infrastructure in an integrated way. Details will be […]

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Africa is undergoing a digital renaissance. With over 570 million internet users as of 2023, the continent is home to the world’s fastest-growing digital economy. Mobile money transactions in Sub-Saharan Africa alone reached $832 billion in 2022, accounting for 70% of the global total. Countries like Kenya, Nigeria, and South Africa are leading the charge, leveraging disruptive technologies such as artificial intelligence (AI), blockchain, and the Internet of Things (IoT) to drive innovation and economic growth. Yet, as the world stands on the brink of the quantum computing era, Africa faces a pivotal moment. Quantum computing, with its unparalleled computational power, could redefine the continent’s digital future—and Ghana is poised to be at the forefront of this transformation. Ghana, often referred to as the "Gateway to Africa," has made remarkable strides in its digital journey. Mobile penetration exceeds 130%, and mobile money transactions hit GHS 1 trillion (approximately $100 billion) in 2023, according to the Bank of Ghana. The government’s Digital Ghana Agenda has expanded broadband access, promoted e-governance, and fostered fintech innovation. However, challenges such as the digital divide, cybersecurity threats, and infrastructure limitations persist. Only 45% of Ghanaians have internet access, and rural areas remain significantly underserved. […]

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For most public sector organizations, digital transformation is a work in progress, with the complexity of integrating new systems and privacy and security concerns remaining key barriers, according to a report by SolarWinds. 6% of respondents report having fully completed their digital transformation journey, while most indicate they are somewhere along the journey Only 6% of respondents report having fully completed their digital transformation journey, while most indicate they are somewhere along the journey, with efforts either well underway (41%) or beginning implementation in some areas with limited progress (42%). “As the public sector navigates the evolving technology landscape, more organizations will continue to redirect operations and workloads to the cloud and adopt hybrid IT solutions,” said Travis Galloway , Senior Advisor, Government Affairs at SolarWinds. “This adds another layer of complexity to data security and compliance across operations, along with the added pressures of budget constraints,” Galloway continued. The most pressing security challenges today include vulnerabilities in monitoring systems and the critical need to safeguard sensitive information from cyber threats. Participants ranked the general hacking community (59%) and careless/untrained insiders (58%) as their top-ranked security threats, emphasizing the need for stronger security awareness training , enhanced tools, and […]

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Press release from: Getnews / PR Agency: Headlineplus The Digital State LLC: Pioneering Digital Transformation Under Image: https://www.globalnewslines.com/uploads/2025/02/76db97ae03a2d6d579d0d946b3b84b2c.jpg Jacksonville, FL – February 21, 2025 – The Digital State LLC, a trailblazing technology company headquartered in Jacksonville, Florida, is redefining the digital landscape with its comprehensive suite of innovative solutions. Founded and led by CEO Rafik El Guettabi, the company is committed to propelling businesses into the future through cutting-edge digital transformation and innovation. Comprehensive Digital Solutions The Digital State [https://www.thedigitalstate.io/] offers a wide array of services designed to meet the diverse needs of modern businesses. These include digital marketing, software development, artificial intelligence integration, machine learning, and more. By providing robust digital infrastructure solutions-such as high-speed internet, cloud computing, and secure data centers-the company ensures that clients are well-equipped to thrive in today’s fast-paced digital environment. Leadership Rooted in Innovation Rafik El Guettabi’s background plays a pivotal role in shaping The Digital State LLC’s strategic direction. With over seven years of experience in software development and IT, as well as PMP certification, he brings a structured, results-driven approach to digital transformation. His expertise in project management, software engineering, and emerging technologies ensures that the company remains at the forefront […]

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man in car showroom Consumer preferences are moving toward digital experiences in the online car marketplace, and Carvana and CarGurus are leveraging technology and artificial intelligence ( AI ) to improve the buying process. Both companies reported strong performances in 2024, using digital tools to optimize customer engagement and refine their business models, though each has faced distinct challenges along the way. Carvana’s Strategic Growth Drivers and AI Investment Carvana recorded a 33% year-over-year increase in retail units sold (416,348) and saw its revenue rise 27%, to $13.67 billion. According to the company’s Q4 shareholder letter , Carvana has three main growth drivers: continuously improving its customer offering; increasing awareness, understanding and trust of the brand; and increasing inventory selection and other benefits of scale. “The pieces are all in place,” the letter says. “We are a team that knows how to build. We have an offering customers love. We have a uniquely profitable and highly scalable business model. And we have already built, acquired, and invested in the most complex and expensive parts of the infrastructure necessary to be many multiples larger than we are today. We achieved the numbers above with just 1% market share. We are […]

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Press Releases Regional/International News St Lucia Digital Transformation St. Lucia – Access to fast, reliable internet is no longer a luxury; it is a necessity for economic growth, education, and digital transformation. Recognizing this, the Caribbean Digital Transformation Project (CARDTP) is leading the charge in developing a Broadband Policy and Strategy for Saint Lucia. The initiative aims to close infrastructure gaps, ensure universal broadband access, and strengthen the country’s digital resilience. At a recent stakeholder consultation, project leaders and industry experts emphasized that bridging the digital divide is essential to Saint Lucia’s modernization efforts. The Broadband Policy and Strategy is a critical step toward achieving universal broadband access, fostering economic growth, and strengthening digital connectivity. Sheralin Monrose-Gustave, Project Manager of CARDTP, emphasized the policy’s importance in expanding digital services, bridging connectivity gaps, and equipping governments, businesses, and individuals across the Eastern Caribbean with the technologies and skills needed for the digital age. “What we have found is that while the government and Saint Lucia, by extension, have made tremendous strides in digital transformation and modernization, there remain significant gaps one of the most critical being infrastructure. This initiative specifically aims to address those gaps by ensuring universal broadband access, […]

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Vietnam’s retail sector is rapidly advancing in terms of digital transformation, with retailers embracing data-driven strategies and diversified sales channels to cut costs and streamline operations. Many retailers in Vietnam are laying the groundwork to build a modern store experience. Photo courtesy of Zebra. The positive assessment was announced at the launch of Zebra Technologies Corporation, a global leader in digitizing and automating frontline workflows 17th Annual Global Shopper Study on Tuesday. In Vietnam, the total retail sales of consumer goods and services saw a year-on-year increase of 8.5%, reaching over VND5.2 trillion ($207.5 billion) from January to October 2024, according to the General Statistics Office (GSO). The Ministry of Industry and Trade has also forecast that Vietnam’s retail market to reach $350 billion by 2025, underscoring the sector’s robust trajectory. “Many retailers in Vietnam are laying the groundwork to build a modern store experience,” said Christanto Suryadarma, sales vice president for Southeast Asia (SEA), South Korea and Channel APJeC, Zebra Technologies. However, the study also shows shoppers are not the only ones who are worried about the impact of theft and crime on the in-store experience. The majority of retail associates (84% globally, 72% in Asia Pacific (APAC) […]

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Infosys co-founder Nandan Nilekani in an interaction with Moneycontrol Managing Editor Nalin Mehta at the AIMA event in New Delhi on February 21. Moneycontrol News first published: Feb 22, 2025 09:54 am Discover the latest Business News , Budget 2025 News , Sensex , and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated! Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347

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Asset digitalization is one of the most dynamic transformations taking place in the world of finance. However, virtual assets have also posed new challenges to traditional rules of law, regulation, and financial market operations. In this episode of BizTalk, CGTN’s Guan Xin moderated a panel at the 2025 World Economic Forum, gathering insights from global experts.

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