Technology

African Banks Adopt IBM Hybrid Cloud to expedite Financial Inclusion

African Banks Adopt IBM Hybrid Cloud to expedite Financial Inclusion

Business, FinTech, Internet, Technology
IBM Hybrid Cloud for Financial Services is developed to assist institutions to address security, and resiliency requirements while supporting business transformation and innovation.   This has led banks across Africa including EcoBank, Attijariwafa Bank, United Bank of Africa, Co-operative Bank of Kenya, Nedbank, and Banco Mais to turn to IBM technologies to help advance financial inclusion across the continent. This shows that African banks acknowledge the significance of digital banking in their growth strategy. Improved access to digital services can help increase the financial inclusion of many consumers across the continent while supporting local economies. Financial institutions across Africa have selected hybrid cloud and AI capabilities from IBM to unlock digital innovation and
Facebook Virtual Reality Meeting App

Facebook Virtual Reality Meeting App

Business, Internet, Technology
Facebook has launched a test of a new virtual-reality remote work app where users can hold meetings as avatar versions of themselves. This app aims at reinventing virtual office spaces. It looks like many of us may be working home for even longer than we initially imagined due to Covid 19 pandemic. Facebook has invested heavily in virtual and augmented reality, developing hardware such as its Oculus VR headsets, working on AR glasses and wristband technologies, and buying a bevy of VR gaming studios, including BigBox VR. The company predicts that this will be the next big computing platform. This will allow it to be less reliant in the future on other hardware makers, such as Apple, the company has said. To get started inside Horizon Workrooms you'll need to buy an Oculus VR h...
Microsoft issues urgent security warning

Microsoft issues urgent security warning

Cyber Security, Internet, Technology
After security researchers found a serious vulnerability in the operating system, Microsoft is urging Windows users to install an update instantly. PrintNightmare security flaw affects the Windows Print Spooler service. Researchers at Sangfor, a cybersecurity company by accident published a how-to guide for exploiting it. The researchers came across vulnerabilities in Print Spooler, which allows multiple users to access a printer. They tweeted about it in late May. They unintentionally published a proof-of-concept online and later deleted it but not before it was published elsewhere online, including developer site GitHub. Hackers that exploit the vulnerability as reported by Microsoft could install programs, view and delete data or even create new user accounts with full user rig...
Facebook Announces the next stage of its e-commerce push.

Facebook Announces the next stage of its e-commerce push.

Internet, Mobile, social media, Technology
CEO Mark Zuckerberg announced three e-Commerce updates that are coming to Facebook products in a live stream: Shops on WhatsApp, and Shop listings in Facebook Marketplace, as well as a new visual product search option on Instagram. The biggest announcement is Shops on WhatsApp, which will allow businesses to showcase their entire Shop within the messaging app, giving shoppers another way to find relevant products, and connect with the business for more information. This could boost businesses' revenues since WhatsApp has a huge user base. Businesses will only need to set up their shop once to have it work across Facebook, Instagram, and WhatsApp. Facebook is also bringing Shop listings to Marketplace thus providing more ways for brands to connect with interested shoppers. Z...
Microsoft pulls plug on Internet Explorer

Microsoft pulls plug on Internet Explorer

Cyber Security, Internet, Technology, Uncategorized
Internet Explorer was launched in 1995 and came preinstalled on every Windows device for almost 20 years beginning in 1997.  Microsoft will finally retire Internet Explorer on June 15, 2022. The web browser is said to be replaced with certain versions of Windows 10. "The future of Internet Explorer on Windows 10 is in Microsoft Edge," reads a blog post from Microsoft published Wednesday. "Not only is Microsoft Edge a faster, more secure and more modern browsing experience than Internet Explorer, but it is also able to address a key concern: compatibility for older, legacy websites and applications." More than two decades ago, IE was riding high—perhaps too high to some. It featured prominently in the browser battle of roughly 20 years ago and in the U.S. government’s antitrust bat
Huawei calculated move  to boost its global business prospects

Huawei calculated move to boost its global business prospects

Business, FinTech, Internet, Mobile, Technology
Huawei calculated move to boost its global business prospects Global technology firm Huawei has embarked on a bold product and services review and enhancement program. This was as part of its business growth strategy to facilitate a fully connected, intelligent world. The finetuning program is geared at enhancing the firm’s digital technologies delivery capacity in the face of the global business challenges arising from the Covid-19 pandemic, among other geopolitical and economic challenges. Speaking when he addressed the Huawei 18th Global Analyst Summit following the recent release of the firm’s 2020 Annual report, Huawei Rotating Chairman Mr. Eric Xu said the firm’s 2021 growth strategy is anchored on five strategic initiatives. The initiatives are geared at optimizing the
Safaricom becomes the first institution to offer 5G Network services in East Africa

Safaricom becomes the first institution to offer 5G Network services in East Africa

Business, Internet, Technology
Safaricom becomes the first operator to offer commercial and superfast 5G network services in East Africa. Safaricom plans to partner with the government and corporates in revving up its newly launched 5G mobile Internet services. To deepen innovation in the health and agriculture sectors. This will be a success through value addition in other sectors and platforms. The telco on Friday launched the upgraded network in major urban centers including Nairobi, Kisumu, Kisii and Kakamega, all of which routinely witness increased data traffic. “The 5G network heralds the era of intelligent connectivity and will be a key driver of this strategy by enabling us to build on the investments and successes of the last two decades to catapult Safaricom to the next level as we enable digital
Kenya Trade Ministry partnership to bridge digital skills gap

Kenya Trade Ministry partnership to bridge digital skills gap

Business, Governance, Startups, Technology
Kenya Government has partnered with Stanbic Kenya Foundation and Microsoft Kenya to impart over 50,000 entrepreneurs with digital skills. The partnership signed between the Ministry of Industrialization, Trade and Enterprise Development and Stanbic Kenya Foundation is going to enhance the employability of MSMEs and Kenyan citizens through digital upskilling. The partnership role to address digital skills gap. It will see private sector players address a digital skills gap within the market through the rich digital learning and skilling Initiative. The programme will target individuals who have lost their jobs during the COVID-19 economic downturn. Stanbic Bank and Microsoft Kenya will roll out the programme across the various counties in Kenya with support from the Ministry an...
Celebrating International Day of Women & Girls in Science

Celebrating International Day of Women & Girls in Science

Technology, Women
Women and girls represent half of the world’s population and, therefore, also half of its potential. Gender equality, besides being a fundamental human right, is essential to achieve peaceful societies, with full human potential and sustainable development. On 11 February, the United Nations, partners worldwide, women and girls set aside this day to mark the International Day of Women and Girls in Science. The Day focuses on the reality that science and gender equality are both vital for the achievement of internationally agreed development goals, including the 2030 Agenda for Sustainable Development. This year's theme is, "Women Scientists at the forefront of the fight against COVID-19." It will be sixth International Day of Women and Girls in Science Assembly whose theme
Safer Internet Day 2021: Together for a Better Internet

Safer Internet Day 2021: Together for a Better Internet

FinTech, Internet, Technology
Safer Internet Day (SID) is an EU wide initiative to promote a safer internet for all users, especially young people. The theme for Safer Internet Day 2021 is “Together for a Better Internet." Over the years, Safer Internet Day has become a landmark event in the online safety calendar. Starting as an initiative of the EU SafeBorders project in 2004 and taken up by the Insafe network as one of its earliest actions in 2005, Safer Internet Day has grown beyond its traditional geographic zone and is currently celebrated in approximately 170 countries worldwide. From cyberbullying to social networking to digital identity, each year Safer Internet Day aims to raise awareness of emerging online issues and current concerns. Safer Internet Day 2021 takes place on Tuesday, February 9th, and