Modest rebound for the BETI in October

The BankservAfrica Economic Transactions Index (BETI), which measures the value of all electronic transactions cleared through BankservAfrica at seasonally adjusted real prices, showed a steady recovery in October 2024 following September’s weaker performance. The...

Teraco in world first with 120MW solar power plant

In a world first for a data centre operator, Teraco has started construction of its 120MW utility-scale solar PV power plant in the Free State, creating its own sustainable energy source. The plant is expected to come online in late 2026. “Driving renewable energy...

Delving into the stresses and challenges of entrepreneurs

A new report from venture capitalist firm, Flourish Ventures, provides a unique glimpse into the passions, motivations, challenges, and coping mechanisms of early-stage entrepreneurs across 13 African countries. Surveying more than 160 startup founders – Passion and...

Infostealers surge as cybercriminals get more innovative

There is a concerning trend in the cybersecurity landscape: the rise of Infostealers and the sophistication of attack methods employed by cybercriminals, according to Check Point’s Global Threat Index for October. The Index continues to highlight African...

Kaspersky uncovers new stealthy ransomware

Kaspersky’s Global Emergency Response Team has identified a previously unseen ransomware strain in active use – deployed in an attack following the theft of employee credentials. The ransomware, dubbed “Ymir”, employs advanced stealth and encryption methods. It...

Africa prepares for 5.5G

Kathy Gibson reports from AfricaCom – While much of Africa is battling to connect with 5G technology, 5.5G is already on the horizon. The digital and intelligent future is here, with technologies like artificial intelligence (AI) key to driving it forward. But...