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2025-04-052025-04-051111100
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Nanotech startup metalchemy wins pitch competition addressing food waste crisis

Metalchemy, a UK-based nanotech startup, won the PITCH competition at Web Summit Qatar 2025 with its innovative antibacterial silver nanoparticle solution that extends food shelf life, addressing the food waste crisis. The company, led by CEO Federico Trotta, plans to expand into healthcare applications while gaining recognition and investment opportunities from the event. With a focus on sustainable food preservation and future growth, Metalchemy is poised to make a significant impact across industries.

aurora tech award highlights women founders transforming technology in emerging markets

The Aurora Tech Award has announced its 2025 finalists, celebrating outstanding female founders from emerging markets who are innovating in technology. This year's shortlist includes entrepreneurs from MENA, LATAM, Central Asia, and APAC, with startups focusing on sectors like AI, fintech, and healthtech. The award, established by inDrive, aims to support women-led tech ventures that create significant social impact, with the winner to be revealed at an event in Cairo on April 12, 2025.

Huawei launches FDD tri-band Massive MIMO to enhance global 4G and 5G networks

Huawei has launched its FDD tri-band Massive MIMO globally, enhancing 4G capacity and 5G experiences. This innovative solution, now deployed in several African countries, significantly boosts 4G traffic handling by 90% during peak hours and improves user-perceived speeds by 320%. With plans for expansion in 15 additional countries, it addresses the growing mobile data demands driven by rapid urbanization and population growth.

huawei cloud expands in africa enhancing digital transformation and local services

Huawei Cloud has expanded its presence in Africa with new availability zones in Egypt and Nigeria, enhancing local data sovereignty and reducing latency for businesses. The company aims to support digital transformation across various sectors, investing significantly in local talent and infrastructure to drive innovation and efficiency.

nigerian startup dojah enhances fraud prevention tools for businesses across africa

Nigerian startup Dojah is revolutionizing fraud prevention with its all-in-one identity verification solutions, launched in January 2021 by Tobi Ololade and Ayomide Oso. The company offers tools for real-time fraud detection, transaction monitoring, and AML compliance, serving businesses across Nigeria, Ghana, Kenya, and South Africa.With US$1.25 million in pre-seed funding, Dojah has verified 50 million identities and aims to expand its services throughout Africa. Operating on a B2B SaaS model, the startup focuses on scalability and market growth as demand for its solutions increases.

Huawei Cloud solidifies leadership in South Africa's growing cloud market

Huawei Cloud is rapidly solidifying its position as a leading cloud provider in South Africa, recording over 125% growth in the past year. With a focus on sector-specific solutions and localised services, it addresses key customer concerns around cost and security, while supporting enterprises in their digital transformation journeys. The cloud market in South Africa is projected to expand significantly, driven by increased digitisation and the adoption of advanced technologies.

huawei cloud strengthens leadership in south africa's growing digital market

Huawei Cloud is rapidly solidifying its position as a leading cloud provider in South Africa, driven by a tailored business model and a commitment to localised services. With a growth rate exceeding 125% in the past year, the company supports enterprises in navigating digital transformation through sector-specific solutions and robust infrastructure. As the cloud market in South Africa is projected to expand significantly, Huawei Cloud's focus on cost management and security addresses key customer concerns, positioning it as a trusted partner for businesses across various industries.

Lagos and Huawei launch intelligent transport systems to enhance urban mobility

Lagos State has partnered with Huawei Technologies to implement four new Intelligent Transport System (ITS) sites aimed at improving traffic management and road safety. The initiative will utilize AI-powered solutions and Automatic Number Plate Recognition (ANPR) cameras to enhance urban mobility, reduce congestion, and provide real-time traffic information for commuters. This collaboration marks a significant step in Lagos' ambition to become a smart city, fostering efficiency and productivity for businesses and residents alike.

energy prices and the us dollar a complex relationship

The strong US dollar has historically impacted energy and commodity prices, with a negative correlation observed between the dollar and crude oil, US natural gas, and thermal coal. While crude oil shows the most significant negative linkage, the correlation varies and is influenced by global economic conditions and supply disruptions. Despite expectations of a weaker dollar in the coming year, supply and demand factors remain the primary drivers of commodity prices.

sterling bank accuses miden systems of harassment and debt evasion tactics

Sterling Bank Limited has petitioned the Inspector-General of Police over alleged harassment by Miden Systems Limited and its director, Dr. Brendan Usoro, following a court ruling mandating debt settlement. The bank claims Usoro is misusing political connections and law enforcement to evade financial responsibilities, while Miden Systems has accused the bank of mismanagement and fraud. A recent court ruling dismissed Miden Systems' attempt to overturn the debt judgement, reinforcing the bank's position.
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