Market Watch

Dr. Mark-Oliver Kevor has been appointed as the Acting Director-General of NITA Dr. Mark-Oliver Kevor has been appointed as the Acting Director-General of the National Information Technology Agency (NITA) by His Excellency John Dramani Mahama. Dr. Mark Oliver Kevor is an IT expert and a Lecturer. He served on the Board of the National Communication Authority (NCA) under the previous NDC government. In an appreciation statement, Drark Oliver Kevor expressed his gratitude for the opportunity and outlined his vision for Ghana’s digital future. “I am deeply honoured by His Excellency John Dramani Mahama’s trust and confidence in me. This appointment is both a privilege and a call to serve, and I am fully committed to advancing Ghana’s digital transformation agenda,” Dr. Kevor stated. He emphasized NITA’s critical role as the implementing agency for government ICT and digitalization policies, adding, “As the implementing agency for government ICT and digitalization policy, NITA plays a crucial role in shaping the future of our nation’s technological landscape.” Dr.Kevor pledged to collaborate with stakeholders to enhance digital infrastructure, improve public service delivery through technology, and create opportunities for innovation and economic growth. “Together, we will drive a digital revolution that benefits all Ghanaians,” he […]

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Aamal IT partners with Huawei to enhance cloud services, accelerate digital transformation, and drive innovation across industries through strategic collaboration. Aamal Company Q.P.S.C., one of the region’s leading diversified companies announces a new Memorandum of Understanding (MoU) between its fully owned subsidiary, Aamal Information Technology, and Huawei, a leading global provider of information and communications technology (ICT) infrastructure and smart devices. The MoU took place on the sidelines of the Web Summit, which has recently took place in Doha. The partnership aims to enhance collaboration through Aamal IT’s onboarding to the Huawei Cloud Partner Network and participation in the Cloud Service Provider Program. Aamal IT, a provider specializing in trading computer networking equipment, web development, IT consulting, software trading, and programming, will leverage Huawei’s cutting-edge cloud technologies to drive mutual growth and deliver advanced cloud solutions to customers. This strategic partnership is set to empower organizations to thrive in an increasingly digital world. Partnering with Huawei is a remarkable step forward in our journey to establish Aamal IT as a dynamic and innovative player in the technology sector. This collaboration will enable us to offer cutting-edge cloud solutions and strengthen our market position. We are excited about the opportunities […]

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e& UAE deploys Ciena’s 1.6T optical technology, boosting AI, 5G, and cloud connectivity, shaping the region’s digital transformation and future networks. e& UAE, the telecom arm of e&, marked a Middle East and Africa regional first, deploying Ciena’s WaveLogic 6 Extreme (WL6e) on its optical network. This advanced technology boosts the network with ultra-high speed 400G client infrastructure connectivity, supporting 10 Gb home services and wholesale and domestic business customer traffic with 100G and 400G requirements. It also elevates the delivery of premium customer experiences over e&’s 5G network and optimizes the optical network infrastructure to strategically support the traffic sensitivity of artificial intelligence (AI) data center hubs. By leveraging WL6e, which is powered by cutting-edge 3 (nm) nanometer silicon technology, e& UAE is doubling the data transmission capacity per wavelength to up to 1.6 Tb/s, all within its existing network footprint. e& has successfully deployed 1.6 Tb/s per wavelength, confirming its enhanced optical network capabilities. The Middle East and Africa region is on the verge of a digital evolution, thanks to favorable government policies, demand for cloud services, 5G, and more. WL6e helps put e& UAE in the driver seat by bringing high-speed connectivity to its customers and […]

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Digitalisation – The Missing Piece of the Clean Industrial Deal Yesterday, the European Commission unveiled the long-awaited Clean Industrial Deal (CID) ; a cornerstone initiative for the future competitiveness and sustainability of the European industry. However, one of its key shortcomings is the absence of a clear and ambitious vision for the role of digitalisation. A competitive and clean industry cannot thrive without a profound digital transformation. Digitalisation is not a mere complement but a key enabler of decarbonisation, circularity, and production efficiency. The adoption of emerging technologies and digital solutions is crucial for enhancing productivity and driving growth, optimising resource use and reducing emissions across European industries. The CID acknowledges that electrification and renewable energy integration require smart grids, advanced metering, and digital platforms to manage energy infrastructure. However, investment in these technologies remains insufficient. Furthermore, Europe continues to suffer from chronic underinvestment in digital infrastructure, which hampers the widespread adoption of advanced solutions in the energy and industrial sectors. Without a robust digital strategy, the CID will struggle to meet its own competitiveness and decarbonisation objectives at the pace demanded by the global landscape. Digitalization must be established as a strategic pillar, reinforced by concrete measures to […]

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Ethio Telecom, Ethiopia’s leading telecommunications provider, recently launched a suite of innovative cloud-based enterprise solutions to drive digital transformation across various sectors. By introducing 7 cloud-based enterprise solutions, including IoT-powered Digital Livestock Tracking, AI-driven ERP solutions, and a next-generation Push-to-Talk/Video communication system. ለፋይናንስ ተቋማት አዲስ በክላውድ ላይ የተመሰረተ ኮር ባንኪንግ ሶሉሽን ይፋ አድርገናል! ኩባንያችን የማይክሮ ፋይናንስ ተቋማትን እና የቁጠባና ብድር ኅብረት ስራ ማህበራትን በዘመናዊ የዲጂታል ፋይናንሺያል ቴክኖሎጂ ለማስታጠቅ የሚያስችል ¼ pic.twitter.com/UdztW0lEDU — Ethio telecom (@ethiotelecom) February 27, 2025 Text translation: ” We have launched a new cloud-based core banking solution for financial institutions! Our company is committed to equipping microfinance institutions and savings and credit cooperatives with modern digital financial technology.” Ethio Telecom’s CEO, Frehiwot Tamiru, emphasized the significance of these new solutions in driving Ethiopia’s digital transformation journey. “Cloud adoption is the future of enterprise operations, and we are bringing world-class solutions tailored for Ethiopia’s market.” These solutions leverage Ethio Telecom’s Telecloud infrastructure, ensuring data security, AI-driven automation, and seamless API integrations. By utilizing these innovative technologies, businesses can streamline their operations and improve efficiency. This partnership allows for a seamless transition to digital solutions, driving growth and success in the ever-evolving technological landscape. Read: Ethio Telecom & […]

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Union Minister Ashwini Vaishnaw (File photo) New Delhi: Union Minister Ashwini Vaishnaw on Thursday said that the Prime Minister Narendra Modi-led NDA government is working for fair compensation for media houses. Addressing a gathering at an event in New Delhi, the Union minister for Information and Broadcasting outlined the vision for fostering a digital news ecosystem that is both credible and efficient. Noting that the media industry is undergoing a major transition in the present times, he stressed that in this changing landscape, it is important to examine the role of traditional media and how it can adapt to these (new-age) transformations. "Along with traditional media, which included newspapers and television as major mediums, digital media has emerged in a significant manner. In many spheres, particularly among the younger generations, there has been a complete shift from traditional media to digital media. This transition also brings challenges related to employment, creativity, copyright issues, and ensuring fair compensation for content creators, producers, and other stakeholders in the media industry. From the government’s side, we are fully prepared to provide any necessary support required during this transition," the Union Minister, who also holds the Electronics & Information Technology portfolio, said. Vaishnaw […]

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Satya Nadella, CEO at Microsoft Satya Nadella, CEO of Microsoft at No.2 in the Technology Magazine Top 100 Leaders for 2025 Satya Narayana Nadella, born on 19 August 1967 in Hyderabad, India, has been the driving force behind Microsoft’s resurgence and innovation since becoming the company’s CEO in 2014. Under his leadership, Microsoft has embraced cloud computing, AI and a culture of continuous learning, propelling the company to a market valuation exceeding US$3tn. Satya Nadella, CEO at Microsoft Satya’s career journey Satya’s passion for technology led him to pursue a bachelor’s degree in electrical engineering from the Manipal Institute of Technology in 1988. He furthered his education with a Master’s in computer science from the University of Wisconsin-Milwaukee in 1990 and an MBA from the University of Chicago Booth School of Business in 1997. Joining Microsoft in 1992, Satya held several key positions, including Executive Vice President of Microsoft’s Cloud and Enterprise group, where he was instrumental in building the company’s cloud computing platforms. Youtube Placeholder Industry influence Satya is renowned for fostering a culture of empathy, collaboration and growth within Microsoft. He emphasises the importance of a ‘learn-it-all’ mindset over a ‘know-it-all’ attitude, encouraging continuous development among employees. […]

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ZeroNorth , a Copenhagen-based tech company focused on the maritime industry, has just announced a €19 million debt financing from CIBC Innovation Banking to fuel its growth strategy through M&A. Søren Meyer , CEO of ZeroNorth, said: “ The maritime industry is navigating unprecedented complexity, largely driven by the challenges of the energy transition and evolving regulations. To meet these demands effectively, the industry needs unified technology solutions that simplify operations and enhance decision-making. Our M&A strategy has enabled exactly that. “ With this facility from CIBC Innovation Banking, we aim to continue our role as an industry consolidator, bringing together fragmented solutions to create greater value for customers and accelerate the energy transition for the industry .” Since its founding in 2020, ZeroNorth has worked to establish itself as a leader in the energy transition and digital transformation of the maritime sector by helping the industry optimise commercial performance and reduce its emissions. In 2024, ZeroNorth’s customers have reportedly optimised 1.5 million voyages through the company’s platform, enabling a reduction of more than 1 million metric tonnes of CO2 emissions. By combining advanced technology, expertise, and trusted data at scale, their platform analyses “ billions of data points […]

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data insurtech pexels-pixabay-158826 This piece is by Daren Rudd, Head of Business, Technology and Innovation Consulting, Insurance UK, CGI. It starts with value In the world of insurance, transformation is often driven by the search for cost reduction. Whether through automation, digitisation, or restructuring, organisations have historically pursued operational efficiency as the primary goal. However, true transformation needs be about more than just cost-cutting, it must create real long-term value for the business, its people and its customers. This critical point is often lost in the excitement of new technology, and this is especially true with the current buzz around generative AI (GenAI). Value in transformation needs to go beyond short-term financial gains. It requires a strategic approach that enhances customer experience, empowers employees, and future-proofs business models. To strike this balance, insurers need to critically evaluate how they integrate technology while preserving the human elements that have long defined the insurance industry. AI: The elephant in the room AI is dominating boardroom conversations, with insurers heavily researching its potential. GenAI and large language models (LLMs) in particular have captured industry attention. However, while AI, in its various forms, offers opportunities to improve business operations, it is not a […]

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Garith Peck, Managing Executive: Cloud & Cybersecurity at BCX. As businesses continue to embrace digital transformation, cloud technologies provide the flexibility, scalability, and innovation needed to stay competitive in today’s fast-paced market. For the C-suite, understanding these key cloud trends and how they impact industries is critical for staying ahead of the curve. Cloud trends in Africa Cloud computing continues to experience significant growth across Africa. According to a McKinsey report , approximately 45% of African business workloads are already on the public cloud. The rise of cloud adoption is fuelled by the demand for scalable, cost-effective IT solutions that support digital transformation across industries. For instance, Safaricom in Kenya leverages cloud platforms to scale its M-Pesa mobile money service, ensuring secure and efficient transactions for millions of users. The banking, telecommunications, and oil and gas sectors are leading the way in cloud adoption. These industries benefit from cloud computing’s ability to enhance operational efficiency, improve customer experiences, and drive innovation. Many African businesses are increasingly adopting hybrid and multi-cloud strategies to avoid vendor lock-in, strengthen resilience, and optimise costs. Hybrid cloud solutions combine public and private cloud environments, offering greater flexibility and control over where and how data […]

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