Subscribe to Updates
Get the latest creative news from FooBar about art, design and business.
Author: Chris Anu
Central Bank of Liberia Launches Transformational Inclusive Instant Payments System (IIPS) Powered by Mojaloop
The Mojaloop Foundation and the Central Bank of Liberia (CBL), in collaboration with Singapore-based ThitsaWorks and The AfricaNenda Foundation, today announces the launch of the Liberian Inclusive Instant Payments System (IIPS), a modern real-time interoperable payments platform powered by Mojaloop, the open-source payments infrastructure built to advance digital financial inclusion. IIPS will principally enable mobile money transfers between two Mobile Network Operators, Lone Star Cell MTN and Orange Liberia and represents a major milestone in the CBL’s mission to digitize the national economy and strengthen seamless interoperability across all key payment channels, including mobile money operators, commercial banks, microfinance institutions,…
Koos Bekker Naspers and Prosus chairman Koos Bekker has sold shares in both companies worth about R2.5-billion over three trading days, according to regulatory disclosures. Filings published by Naspers and its European-listed subsidiary, global consumer technology investor Prosus, show that a family trust linked to Bekker disposed of shares in the two companies between 17 and 19 December 2025, with the proceeds earmarked for property development at hospitality venues in South Africa, the UK and Italy and owned by the Bekker family. In the Naspers transaction, the trust sold 792 800 Naspers N ordinary shares through on-market trades on the…
2025 marked a turning point for Cell C, says the company. 2025 marked a turning point for Cell C, with the operator focusing on stabilising its business, strengthening network partnerships and refining its strategy in a highly competitive mobile market.In an e-mail interview with ITWeb, Cell C CEO Jorge Mendes says: “We returned to sustainable profitability and growth, validating the capex-light, network strategy and giving us the confidence to step back into public markets. That culminated on 27 November with Cell C’s listing on the JSE Main Board under ticker code CCD, marking the start of our next chapter as…
The Competition Tribunal has approved the sale of Herotel to Vumatel, but only subject to an extensive set of conditions aimed at safeguarding competition. The decision clears the way for Vumatel, which is already a shareholder in Herotel, to acquire full control of the business. Vumatel, a subsidiary of Maziv, is South Africa’s largest fibre-to-the-home operator. Herotel operates across several layers of the telecommunications value chain, including national and last-mile fibre infrastructure, retail internet access services and fixed-wireless access. The combination raised concerns about market power, vertical integration and access to critical infrastructure. The tribunal has imposed binding conditions that…
Herotel operates fibre infrastructure. The Competition Tribunal has approved the merger in which Vumatel will acquire control of Herotel.In a statement, the tribunal says it has approved the transaction subject to conditions which address competition and public interest-related concerns. The conditions can be accessed here.Vumatel, already a shareholder in Herotel, is South Africa’s largest wholesale fibre-to-the-home provider. It is wholly owned by Community Investment Ventures Holdings which also controls several firms including Dark Fibre Africa. CIVH is majority-owned by the JSE-listed investment group, Remgro.Herotel operates across multiple layers of the telecommunications market, including national fibre infrastructure, last-mile fibre infrastructure, retail…
1GLOBAL strengthens its partnership with Revolut, expanding the leading neobank’s mobile data plan offering to the Polish market. 1GLOBAL, a technology-driven global mobile communications provider, strengthens its partnership with Revolut, expanding the leading neobank’s mobile data plan offering to the Polish market. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251216769985/en/By integrating 1GLOBAL’s eSIM capability into its multi-service app, Revolut’s customers in Poland who signed up to the waitlist can now enjoy bundled mobile plans that include competitively priced domestic data plans starting at zł 25 per month (approx. €6.00 per month) with unlimited calls and texts in…
Mastering Complexity & Increasing Efficiency: CES 2026: dSPACE Demonstrates Test and AI Solutions for SDV Development
At CES 2026, dSPACE will present a comprehensive validation portfolio with AI-supported software-in-the-loop and hardware-in-the-loop solutions for accelerated SDV development. At CES 2026, dSPACE will showcase end-to-end test solutions that enable vehicle manufacturers to efficiently master the increasing complexity in the development of software-defined vehicles. At booth 4500 in West Hall, dSPACE will present a comprehensive validation portfolio with AI-supported software-in-the-loop and hardware-in-the-loop solutions for accelerated vehicle development. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251216117958/en/AI is a strategic enabler throughout the entire development and test process. dSPACE has been exploring how the latest developments in generative…
New Survey of Nearly 4,300 C-suite Leaders Reveals Intensifying Demand for Faster Innovation, Higher ROI and Stronger Business Resilience
New Survey of Nearly 4,300 C-suite Leaders Reveals Intensifying Demand for Faster Innovation, Higher ROI and Stronger Business Resilience Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, managed services and Agentic AI ERP innovation solutions, and the leading third-party support provider for Oracle, SAP and VMware software, today announced the findings of its new global survey, “C-suite Imperatives: Accelerating Innovation in a Shifting Landscape.” The research was conducted in partnership with Censuswide surveying nearly 4,300 CFOs, CIOs, CEOs and CISOs across the globe, examining the pressures influencing executive-level technology decisions and the priorities shaping their…
Xsolla Integrates SPENN in Rwanda and Zambia Giving Developers Access to a Strong Consumer-Merchant Ecosystem
Xsolla Integrates SPENN In Rwanda And Zambia Giving Developers Access To A Strong Consumer-Merchant Ecosystem Xsolla, a global video game commerce company that helps developers launch, grow, and monetize their games, today announced that it has added SPENN to its payments solution portfolio in Rwanda and Zambia. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251216303338/en/Both Rwanda and Zambia are mobile-first, wallet-led economies where mobile money drives financial inclusion and rapid growth in digital transactions. Reports found that approximately 86% of Rwandan adults own or have used mobile money. As of mid-2024, mobile money transaction volumes in Zambia…
OAG announces today the appointment of Filip Filipov, ex-Skyscanner executive, as new Chief Executive Officer. Filip Filipov currently serves as the company’s Chief Operating Officer and takes over from Phil Callow who has chosen to step down having completed thirteen transformational years at the helm of OAG to pursue his many other interests. Since joining in 2024, Filipovhas played a leading role in the company’s ambitious next phase of growth and ongoing acceleration. He will now lead OAG into a new era defined by advanced data products and AI-driven intelligence. Before joining OAG, Filipov held senior roles in travel technology…