With the multiplication of digital transformation across Africa, cybersecurity has become a top priority for countries across the continent. To protect themselves and their institutions from potential threats, they are taking steps to strengthen their cyber defense.

Chinese tech company Huawei launched a cybersecurity training program for Zimbabwean government officials in Harare on Monday, aiming to strengthen their defenses against online threats.

The four-day course brings together 100 officials from various ministries. The curriculum covers global cybersecurity trends and data security governance.

"Huawei takes cybersecurity seriously, and we have made it a top priority in all of our operations and product development. Huawei invests heavily in research and development to ensure our technologies are secure and resilient against evolving cyber threats," said Yang Shengwan, managing director of Huawei Zimbabwe. 

This initiative comes as digital transformation accelerates across Africa. Zimbabwe ranked 24th with a score of 47.7 out of 100 in the International Telecommunication Union's (ITU) Information and Communication Technology Development Index in 2024, up from 42.7 in 2023. In the ITU's Global Cybersecurity Index, Harare placed 17th in 2020 with a score of 36.49.

Adoni Conrad Quenum

 

Posted On jeudi, 22 août 2024 09:57 Written by

Last July, TerraPay raised $95 million to expand digital payments across the continent. The company continues its efforts by involving African stakeholders in its initiatives.

British payment solutions provider TerraPay has partnered with several mobile money operators, including Africa's Mpesa and Sama Money, to create the Wallet Interoperability Council, announces a press release dated August 20.

With that council, the British firm aims to interconnect mobile money operators to facilitate cross-border payments and fund transfers.

This initiative addresses real market challenges and has the potential to reshape perceptions around wallet usage for cross border commerce; thus, enabling easy access for interoperability within the council's wallet participants globally,” said Sekou Kane Diallo, Deputy CEO and CIO of Sama Money.

The launch of this association comes at a time when mobile money solutions are rapidly expanding across the continent. According to the "State of the Industry Report on Mobile Money 2024" by the GSM Association (GSMA), the value of mobile money transactions in Sub-Saharan Africa reached a staggering $912 billion in 2023, a 22% increase from the previous year. The same report shows that Africa accounts for 835 million of the 1.75 billion registered mobile money accounts worldwide, representing 47.7% of the accounts.

Adoni Conrad Quenum

 

Posted On jeudi, 22 août 2024 09:52 Written by

In Nigeria, financial inclusion remains a challenge, as 36% of the population lacks access to banking services. Efforts are underway to expand financial services and ensure that everyone can benefit from technological and financial advancements.

On Monday, August 19, in Lagos, Nigerian businessman Tony Elumelu launched the operations of the new digital microfinance bank, UCEE Microfinance Bank. This institution is a subsidiary of United Capital Group, a major investment bank, and aims to harness the synergy between technology and finance to reach financially excluded populations in Nigeria.

During the launch, United Capital Group CEO Peter Ashade praised UCEE Microfinance Bank's hybrid model, which combines traditional microfinance with digital innovations. "In today's market, it is essential to provide solutions that cater to both tech-savvy customers and those who prefer traditional banking. UCEE is well-positioned to address these diverse needs," he stated.

UCEE Microfinance Bank offers a mobile application that allows users to manage their accounts, access loans, and conduct transactions with ease, no matter where they are. Additionally, a USSD code will be introduced for customers in rural areas and those without smartphones.

The launch of UCEE, the seventh subsidiary of the group, marks a significant milestone in expanding access to financial services for all, particularly marginalized populations. This initiative is expected not only to support individuals and businesses in achieving their financial goals but also to help bridge the financial inclusion gap in Nigeria.

According to a report by EFInA, an organization that promotes inclusive finance in Nigeria, financial inclusion in the country has seen significant growth, rising from 56% in 2020 to 64% in 2023, reflecting ongoing efforts to make financial services more accessible to everyone.

Samira Njoya

 

Posted On mercredi, 21 août 2024 10:49 Written by

Agriculture is a strategic economic sector that generates wealth and employment in Africa. However, a number of countries are still struggling to organize it effectively. Digital technology can help to overcome this weakness

The Federal Ministry of Agriculture and Food Security has inaugurated a Technical Working Group (TWG) focused on developing a seamless database to accurately identify Nigerian farmers, a press release by the Federal Ministry of Information and National Orientation dated August 17 revealed. The initiative, led by Permanent Secretary Mr. Temitope Fashedemi, aims to improve the distribution of agricultural inputs and support to farmers across the country.

During the inauguration ceremony, held recently at the Ministry’s Conference Room in Abuja, Fashedemi emphasized the importance of this initiative in shaping the future of Nigeria's agricultural sector. He noted that a reliable database would enable the Ministry to more effectively deliver services and resources to the farmers who need them most.

To achieve this goal, the Ministry plans to collaborate with the National Identity Management Commission (NIMC), which will play a crucial role in creating a robust database. The Permanent Secretary highlighted that this collaboration would help ensure the accuracy and completeness of the data collected, thereby enhancing the Ministry's ability to implement agricultural programs efficiently.

The TWG, comprising members from the technical departments of the Ministry and NIMC, has been tasked with developing effective modalities for collaboration between the Ministry and NIMC. The group's Terms of Reference (TOR) include creating a comprehensive work plan with clear timelines and roles, designing data collection tools to capture essential farmer information such as identification details, farm size, and crop types, and identifying training programs for field officers and data collectors to ensure data accuracy, the release further stated.

The database will help assess financial credibility for connecting farmers to microfinance and subsidy programs, facilitating access to credit and aid.

According to the latest data from the World Bank, agriculture, forestry, and fishing contributed approximately 22.72% to Nigeria’s GDP in 2023. This underscores the importance of the government's initiative to develop a comprehensive database of farmers. With agriculture being such a vital part of the economy, accurate data collection will enable a more targeted and effective distribution of resources, ultimately enhancing productivity and supporting economic growth.

Hikmatu Bilali

Posted On mardi, 20 août 2024 14:18 Written by

Over the past five years, Nigeria has experienced significant adoption of crypto assets, coinciding with successive declines in the value of the naira. The government, viewing these assets as contributing to the depreciation of the local currency, has decided to regulate the sector to restore order.

The Nigerian government is set to regulate the cryptocurrency industry by September 2024. Zacch Adedeji, Executive Chairman of the Federal Inland Revenue Service (FIRS), announced this during the FIRS 2024 Stakeholders Engagement with the Senate and House of Representatives Committees on Finance on August 17.

The proposed legislation will address the regulation of cryptocurrency transactions, an area currently lacking legal oversight in Nigeria. "While we cannot ignore cryptocurrency as there is currently no law in Nigeria regulating it, there is a need for legislation to govern this type of transaction," he stated.

In parallel, the Securities and Exchange Commission (SEC) is encouraging virtual asset service providers to join its Accelerated Regulatory Incubation Programme (ARIP) to expedite their registration and compliance with the upcoming Digital Assets Rules.

Nigeria is currently Africa’s largest cryptocurrency market and one of the leading markets worldwide. According to New York-based research firm Chainalysis, the country ranked second in the 2023 Global Crypto Adoption Index that measures crypto adoption across the globe. The widespread adoption highlights the need for a legal framework that can both harness the economic potential of cryptocurrencies and address associated risks, ensuring that the sector contributes positively to Nigeria's economic development.

Hikmatu Bilali

Posted On mardi, 20 août 2024 14:03 Written by

African countries are rapidly digitizing their administrative services. To maximize the benefits for their citizens, they need reliable identification systems.

TECH5, a contactless biometrics solution provider, announced on Thursday, August 15, that it has partnered with the Mauritanian government and local integrator SmartMS to launch the pilot phase of a digital identification solution in Mauritania. Funded by the United Nations Development Programme (UNDP), this project aims to modernize the country's digital identity infrastructure.

"We are proud to be part of this project contributing to the technological transformation of the country. Mauritania looks to be on track to become one of the first countries to adopt fully digital national ID biometrically linked to its holder," said Ameya Bhagwat, TECH5 Chief Revenue Officer.

For this pilot phase, a software solution was developed to facilitate the digital integration and verification of citizens. Tested by over 70 people, this solution adheres to NIST (National Institute of Standards and Technology) standards for identity verification and incorporates biometric verification via OpenID Connect flows. This enables password-free access to the Mauritanian e-government portal. Users are verified by the application through a selfie, which is then compared to their digital identity derived from their passport or ID card.

The successful completion of the pilot project led to the recent launch of the "Houwiyeti" application, an innovative solution that combines functionality and security, leveraging open-source and digital technologies. This initiative is fully aligned with the Mauritanian government's and its partners' goals of promoting an inclusive and rights-respecting digital transformation. It also reflects a broader trend in Africa, where biometrics is playing an increasingly crucial role.

According to the "Biometrics - Global Market Trajectory & Analytics 2020" report published by the American research firm Global Industry Analysts, the biometrics market in Africa and the Middle East is expected to grow at an annual rate of 21%, while the global biometrics industry could reach $82 billion by 2027. This trend underscores the growing importance of biometric technologies in global digital development and their potential to transform governance systems and public services.

The implementation of this digital identity system in Mauritania represents a significant step toward the modernization and efficiency of public services. By providing secure and streamlined access to government services through a biometric-based mobile application, this system not only improves ease of access for citizens but also strengthens the security of digital transactions.

Samira Njoya

 

Posted On mardi, 20 août 2024 12:27 Written by

Committed to a greener future, Orange has set ambitious goals to reduce its environmental and climate impact across its 17 markets in Africa and the Middle East. Various initiatives are underway to achieve these objectives.

Orange Middle East and Africa (OMEA) has converted 10,000 telecom sites and about 20 data centers to solar energy, the company said on Friday, as part of its strategy to bolster infrastructure resilience and maintain profitability.

For Jean-Michel Canto, Chief Climate Officer of OMEA, "Solarization is now a standard configuration for new sites, with an 11% increase in the number of solar sites each year."

In Liberia, where the electrification rate is 12%, the company has solarized 77% of its sites. Jabateh Dweh Charles, Power Manager Operations at Orange Liberia, said this reduced their carbon footprint and fuel consumption by 25% in 2023 compared to 2022.

OMEA's 2023 Corporate Social Responsibility report showed a more than 70% increase in renewable energy use compared to 2022, bringing the share to 32.8% of total energy consumption.

The company prioritizes site solarization and collaborates with energy partners (ESCO – Energy Service Company). In 2022, Alioune Ndiaye, Chairman of OMEA's Board of Directors, noted that solar energy supply saves up to 55 million liters of fuel annually.

These investments align with OMEA's "Lead the Future" and "Net Zero Carbon" by 2040 plans. The company aims to reduce greenhouse gas emissions by 30% by 2025 and 45% by 2030.

Dorothée Vignalou, Chief Financial Officer of OMEA, said, "We have always placed environmental and energy issues at the heart of our regional strategy. Recent crises have strengthened our determination to ensure sustainable management while addressing local community challenges."

 

Posted On mardi, 20 août 2024 09:25 Written by

Lack of internet access can be addressed by making mobile phones affordable in African countries. This is crucial for ensuring that all citizens, regardless of their socio-economic status, can participate in the digital economy

The Malawi Communications Regulatory Authority (MACRA) plans to launch a local smart device assembly program aimed at producing affordable mobile phones to bridge the significant digital divide in the country, Director General of MACRA Daud Suleman revealed on August 14. This was during the 3rd session of the National Youths Conversations hosted by the National Youth Council of Malawi (NYCOM) as part of commemoration of the International Youth Day 2024.

The Director General emphasized the importance of a collaborative effort from various stakeholders to enhance digital service access across the nation. “We need a multi-sectoral approach for citizens to have access to digital services at a reasonable distance,” he stated.

According to the Alliance for Affordable Internet (A4AI), cell phones, particularly smartphones, are still inaccessible to low-income populations in Africa. This situation hinders the participation of most of Africa’s population in the digital economy. Without a phone, there is no way to connect to the Internet or use digital services. The price disparity between cell phones and average incomes also exacerbates digital inequalities. People who cannot afford these devices miss out on the benefits of digital technology, including access to information, financial services, online education, and economic opportunities.

While no specific launch date has been provided, the upcoming initiative is expected to address the disparity in digital access.

The initiative aligns with the Malawi 2063 (MW2063) agenda, which seeks to transform Malawi into a prosperous, self-sufficient, and industrialized 'upper-middle-income country' by 2063.

Hikmatu Bilali

Posted On lundi, 19 août 2024 15:05 Written by

Digital transformation is essential for the socio-economic development of the country. The government is ramping up its efforts to successfully complete ongoing projects aimed at enhancing citizens' well-being through access to efficient and inclusive digital services.

The Burkina Faso Ministry of Digital Transition, Posts, and Electronic Communications has achieved a performance rate of 55% for the first half of 2024, according to an evaluation of its objective contract recently conducted by Prime Minister Apollinaire Joachimson Kyelem de Tambèla. This result reflects the ministry’s commitment to meeting the targets outlined in its roadmap.

According to the ministry's statement, key achievements contributing to this success include "strengthening the legal framework for the digital sector, digitizing certain administrative services, acquiring equipment to enhance and secure the digital network, and restoring electronic communication services in high-security challenge areas."

Despite this "satisfactory" performance, some projects have experienced significant delays. Efforts to rehabilitate existing infrastructure and extend digital services to rural areas have been hindered by security challenges, exacerbated by political instability, which has affected the ministry's ability to adhere to its initial timeline.

For the second half of the year, the ministry plans to intensify ongoing projects, including the digitization of at least 100 administrative procedures, the creation of citizen service centers to facilitate access to online services, and the implementation of the Digital Transformation Acceleration Project. These initiatives are part of a broader strategy to position Burkina Faso as a leader in Africa for integrating information and communication technologies (ICT) into key sectors such as public administration, education, health, commerce, and agriculture.

Despite these advancements, Burkina Faso faces significant challenges. According to the "Measuring Digital Development – ICT Development Index 2024" report published in June by the International Telecommunication Union (ITU), Burkina Faso ranks 43rd out of 47 African countries in ICT development. This ranking highlights the considerable obstacles the country must overcome to fully harness digital technologies and improve the living conditions of its citizens.

Samira Njoya

 

Posted On lundi, 19 août 2024 13:29 Written by

Clear regulatory frameworks can foster innovation in the fintech sector, attracting investment and encouraging the development of new technologies and business models that can drive economic growth on the continent.

The Bank of Ghana (BOG) issued on August 16 a draft of guidelines designed to regulate digital assets. This move comes in response to the growing prominence of digital assets in the country. The Bank is currently seeking public input on the proposed measures and welcomes recommendations by August 31, 2024.

The draft guidelines are designed to outline the BOG’s proposed regulatory measures and invite feedback from industry stakeholders and the general public. The regulatory framework is expected to address the operations of exchanges and platforms involved in buying, selling, trading, and holding digital assets. It will also delineate which asset types are covered and regulate interactions between financial institutions and Virtual Asset Service Providers (VASPs).

The BOG plans to work with other regulatory bodies, such as the Securities and Exchange Commission (SEC), to develop complementary frameworks that align with their respective regulatory roles. Once the framework is finalized, VASPs operating in Ghana will need to seek authorization from either the BOG or the SEC, depending on their services. Those failing to register within the designated timeframe will be deemed to be operating illegally.

The BOG has acknowledged ongoing challenges in the sector, including regulatory and legal uncertainties, cybersecurity risks, market manipulation, and consumer protection issues.

According to a 2023 report by Chainalysis, Ghana ranks among the top - 29 out of 154- countries globally in terms of cryptocurrency adoption. This indicates a high level of interest and use of digital assets in the country. The Bank’s action reflects a proactive response to the growing interest and use of cryptocurrencies, aiming to address potential risks and opportunities associated with their widespread adoption.

Hikmatu Bilali

Posted On lundi, 19 août 2024 13:09 Written by
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