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You are here: Home / Archives for Technology

Technology

21 August 2024

Taboola Partners With Aleph Holdings to Accelerate Operations in Africa, Connecting Advertisers and Publishers With Consumers and Readers

Location: MyPR

Taboola (Nasdaq: TBLA), a global leader in powering recommendations for the open web, today announced an expansion of its operations to serve advertisers and publishers in Africa. Partnering with Aleph Holdings, Taboola’s advanced AI-powered technologies and consumer reach will now be accessible to advertisers and publishers in countries including South Africa, Nigeria, Kenya, Egypt and …

Read moreTaboola Partners With Aleph Holdings to Accelerate Operations in Africa, Connecting Advertisers and Publishers With Consumers and Readers
21 August 2024

Enhancing Local Government Service Delivery in the South African Context

Location: MyPR

By Dr Daniel Govender (Academic Head- School of Law and Administration at Regent Business School) Local government in South Africa suffers from challenges such as bureaucratic inefficiencies, lack of resources, and widespread corruption, which together often hinder local government’s ability to meet the dire needs of the community effectively. Regent Business School’s Academic Head of …

Read moreEnhancing Local Government Service Delivery in the South African Context
20 August 2024

Tributes continue for Prof Muxe Nkondo

Location: News

Tributes continue for Prof Muxe Nkondo

Science, Technology and Innovation Minister, Prof Blade Nzimande, has expressed his shock and great sadness at the news of the passing away of Professor Muxe Nkondo. 

Nkondo, who passed away at the age of 83 on Sunday, has been described as a friend, colleague, and fellow intellectual in the struggle against apartheid and the development of the democratic order in the post-1994 period. 

“Prof Nkondo has a special place in the history of both the struggles leading up to the fall of apartheid and the emergence of a democratic order in the early 1990s. 

“I remember him as a radical scholar, organic intellectual, activist, and a leading figure amongst the first generation of Vice-Chancellors who led our higher education system through its difficult first decades of transformation,” the Minister’s statement read. 

According to Nzimande, Nkondo placed great importance on the recognition of African liberation as a process of not only overcoming the legacies of political disempowerment but one of cultural, social, economic and intellectual emancipation.

“In other words, for him, attainment of formal, political rights must be matched by transformations in all other aspects of human life.” 

The Professor was said to be deeply influenced by radical post-independence and liberation thinkers such as Walter Rodney, Franz Fanon, Amilcar Cabral, CLR James and Steve Biko. 

“He framed the importance of cultural and intellectual freedom at the centre of his work – an orientation that perhaps explains his lifelong commitment to higher education and intellectual work which spanned a wide range of fronts, from higher education, arts and culture, public administration, rural development civil society and economic development.” 

The late academic occupied senior roles as Deputy Vice-Chancellor at the University of the North and Vice-Chancellor of Venda University. 

He was also a leading figure in the association of historically Black universities and campaigned relentlessly for recognition of their distinctive role and place within the higher education landscape, and redress and equity.

At the University of Venda, according to the department, Nkondo pioneered a vision emphasising the rural development mission of the university, rooted in its social context. 

He also promoted a science, technology and innovation agenda of the university that tackled pressing development issues such as water security, food production, sanitation, small business development and cultural production, working closely with local communities.

Indigenous Knowledge Systems

The Professor also served as Chairperson of the technical team and reference group that drafted the Indigenous Knowledge Systems (IKS) National Policy for the Department of Science and Technology (DSI).

“It is hard to pigeon-hole the intellectual contribution of Prof Nkondo as he was truly a polymath, whose contributions spanned a stunning range of areas including science and technology, higher education, arts and culture, public administration, human settlements, tourism, and rural development.” 

According to the Minister, he was not only an African intellectual focusing on the local and national questions of development in South Africa but was also, par excellence, a pan-African intellectual who worked actively across the continent to advance a new African agenda for the African Union (AU) and New Partnership for Africa’s Development (NEPAD). 

He was among 500 African scholars invited by the AU in 2004 to Dakar, Senegal, to speak on the role of intellectuals in Africa’s development.  

“The Department of Science and Innovation will surely miss his seminal contributions to our understanding of the role of science and technology in the emancipation of South Africa’s most marginalised communities.” 

Nzimande stated that his contributions to IKS continue to resonate in the DSI’s White Paper on Science and Innovation and Decadal Plan. 

READ | President Ramaphosa mourns passing of Prof Muxe Nkondo

“I wish to join our President, Cyril Ramaphosa, in expressing my heartfelt condolences to the wife of Professor Nkondo, Professor Olga Nyondo and their children and extended family,” he added. – SAnews.gov.za

Gabisile
Tue, 08/20/2024 - 10:32

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Read moreTributes continue for Prof Muxe Nkondo
20 August 2024

Leading researchers to be acknowledged at 2024 NRF Awards

Location: News

Leading researchers to be acknowledged at 2024 NRF Awards

Science, Technology and Innovation Minister, Professor Blade Nzimande, will address the prestigious National Research Foundation (NRF) Awards at the Sun City Resort, North West, on Thursday.

The NRF, an entity of the Department of Science and Innovation (DSI), funds research and the development of high-end human capacity and critical research infrastructure to promote knowledge production across all disciplinary fields. 

This year’s event is significant as it marks 25 years of the NRF promoting research, innovation and partnerships that contribute to building an inclusive, knowledge-based society in South Africa. 

The annual awards are a highlight of the academic calendar, drawing together the leading lights of local and international academia. 

The ceremony recognises the scientists behind groundbreaking research conducted at South Africa’s higher education institutions. 

The awards are presented in two categories, these include the special awards that recognise extraordinary contributions to the South African knowledge base. 

The finalists in this category include three DSI-NRF Centres of Excellence – Human Development, Epidemiological Modelling and Analysis, and Biomedical TB Research. 

The second category is the NRF ratings-based awards, which are based on a rigorous peer review system that evaluates the research impact of nominees over the past five years.

“Each year several researchers have their research output peer-reviewed and are given ratings by the NRF,” a statement by the department read. 

These ratings fall under the categories of A (leading international researchers), B (internationally acclaimed researchers), C (established researchers), P (prestigious awards) or Y (promising young researchers). 

“These ratings recognise these researchers’ standing in their fields as well as the world-leading nature of their work. To obtain an A rating, a researcher must be recognised by their peers as a leading international scholar in their field.”

In addition, an A-rated researcher must be based on the high quality and high impact of their recent research output. 

Meanwhile, the P rating is awarded to researchers who, based on exceptional potential demonstrated in research performance and output during doctoral and/or early post-doctoral careers, are considered likely to become future international leaders in their respective fields. 

“Researchers who have received A and P ratings will be acknowledged at the NRF Awards.” – SAnews.gov.za

Gabisile
Tue, 08/20/2024 - 12:44

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Read moreLeading researchers to be acknowledged at 2024 NRF Awards
20 August 2024

Work, life and Artificial Intelligence (AI): 34% believe that AI can be a better boss than a human

Location: News
Kaspersky

AI is becoming a new member of society according to results from a new Kaspersky (www.Kaspersky.co.za) survey titled ‘Excitement, Superstition and great Insecurity – How global Consumers engage with the Digital World' (https://apo-opa.co/3WRj99J). The study also found that today artificial intelligence is taking on new roles in fields where it can succeed and be trusted by humans.

Based on statistics from Similarweb (https://apo-opa.co/46WpO7u), ChatGPT, one of the world's most popular chatbots, garnered 153 million visits in the first month after its launch in November 2022, and peaked at 2 billion visits in April 2024. In light of the rapid advancements in AI, Kaspersky has conducted an in-depth study to explore current levels of confidence in AI. The study examines its roles from management positions in the workplace to assisting with significant life decisions.

According to the study, respondents see AI as their team member at work, and a manager – 34% globally believe AI can be a fairer boss than a human being because of its impartiality. For respondents from the Middle East, Turkiye and Africa (META) region this statistic is 40%. In South Africa it is 42%.

Another area where AI can play an active role is education. 47% of respondents globally, 60% in the META region and 68% in South Africa foresee children being taught through virtual experience and Metaverses in the near future.

Half (50%) of all consumers globally, 53% in the META region and 64% in South Africa believe that AI has already become an unavoidable part of their lives, with 43%, 46% and 52% respectively having a positive outlook on its potential to bring about many exciting opportunities and improve the future for everyone. A large portion of respondents admit that AI has capabilities in creative areas – 62% globally, 59% in the META region and 53% in South Africa believe AI is a credible producer of works of art.

AI can also be considered a reliable companion and an assistant in everyday life. More than half of respondents (57%) globally, 67% in the META region and 60% in South Africa would like to use AI to run their daily lives more efficiently.

48% of those surveyed globally, 60% in the META region and 56% in South Africa are ready to use an AI chatbot to have conversation online - 31%, 38% and 33% respectively would use it to help them to find the right partner on a dating app. In fact, 48% globally, 58% in the META region and 63% in South Africa believe that human relationships will change because of the impact of AI if virtual characters start replacing real-life partners.

“We are witnessing the growing adoption of AI as a valuable tool, assisting people in diverse areas. Beyond traditional applications, such as processing and analysing data, AI is being entrusted with more intriguing personal roles, including romance, education, and work. As AI technologies continue to evolve, their potential to drive innovation and improve human experiences becomes even more profound. However, this advancement also brings unexpected risks and sophisticated threats, ranging from overreliance — putting too much trust in AI advice — to AI-generated phishing, deepfakes and identity theft. These are the challenges that we need to address across multiple levels,” comments Vladislav Tushkanov, Machine Learning Technology Research Group Manager at Kaspersky.

In order to protect users against AI-driven threats, Kaspersky suggests:

  • Install a trusted cybersecurity solution (https://apo-opa.co/3yU026X) that can offer protection against AI-enhanced phishing by detecting malicious pages and preventing interaction with them. Such a solution will assist in identifying and blocking fraudulent emails and websites aiming to steal personal information.
  • To counter the risks posed by deepfakes, it is wise to avoid trusting requests for data or money immediately, even if they seem to come from friends, family members or colleagues. Verifying the authenticity of the request through alternative communication methods is a prudent step.
  • Utilising an online Privacy checker (https://apo-opa.co/3AtvdGX) is essential for adjusting privacy settings to limit exposure to AI-enhanced identity theft. This approach minimises the amount of personal information accessible online, making it more challenging for threat actors to exploit personal data.

The full Kaspersky report ‘Excitement, Superstition and great Insecurity – How global Consumers engage with the Digital World' is available via this link (https://apo-opa.co/3WRj99J).

Distributed by APO Group on behalf of Kaspersky.

About the survey:
In June 2024, Kaspersky commissioned Arlington Research to conduct an online survey of 10,000 respondents to explore the respondents' attitude towards current digital superstitions, AI role in human's life and topic of digital immortality. The sample included 1,000 respondents from each of the UK, Germany and France, and 500 in Spain, Italy, Portugal, Brazil, Mexico, Russia, Kazakhstan, India, China, Indonesia, Turkiye, KSA, UAE, and South Africa.

About Kaspersky: 
Kaspersky is a global cybersecurity and digital privacy company founded in 1997. With over a billion devices protected to date from emerging cyberthreats and targeted attacks, Kaspersky's deep threat intelligence and security expertise is constantly transforming into innovative solutions and services to protect businesses, critical infrastructure, governments and consumers around the globe. The company's comprehensive security portfolio includes leading endpoint protection, specialized security products and services, as well as Cyber Immune solutions to fight sophisticated and evolving digital threats. We help over 200,000 corporate clients protect what matters most to them. Learn more at www.Kaspersky.co.za. 

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Read moreWork, life and Artificial Intelligence (AI): 34% believe that AI can be a better boss than a human
20 August 2024

Affordable winter warmth: Why residential air conditioners outshine gas heaters

Location: MyPR

Modern air conditioners offer a compelling alternative to traditional gas heaters. As temperatures drop and energy bills rise, households explore affordable ways to stay cosy indoors. While traditional gas heaters have long been a staple, a new heating alternative is gaining momentum – residential air conditioning units. Modern air conditioners can provide efficient and cost-effective …

Read moreAffordable winter warmth: Why residential air conditioners outshine gas heaters
19 August 2024

Unveiling the Power of Toyota Engines: Your Guide to Optimal Performance

Location: MyPR

When it comes to choosing an engine that combines performance, durability, and efficiency, Toyota stands out as a top contender. Whether you’re upgrading your vehicle or in need of a replacement, Toyota engines offer an array of options that cater to various driving needs and preferences. This guide explores the different Toyota engines available, focusing …

Read moreUnveiling the Power of Toyota Engines: Your Guide to Optimal Performance
19 August 2024

President Ramaphosa mourns passing of Prof Muxe Nkondo

Location: News

President Ramaphosa mourns passing of Prof Muxe Nkondo

President Cyril Ramaphosa has sent his deep condolences to the family, friends and associates, nationally and internationally, of the late Prof Muxe Nkondo, who passed away in the early hours of Sunday.

In a statement, President Ramaphosa said he was deeply saddened by the passing of eminent scholar, academic, social policy and heritage expert Prof Nkondo, who passed away at the age of 83.

Nkondo is survived by his wife, Prof Olga Nkondo; his children, Ntsako, Muxe, Mikateko, Zava, Mbonya and Nkenyezi; grandchildren and a great grandchild.

Nkondo was a former Vice-Chancellor of the University of Venda, Deputy Vice-Chancellor of the University of the North and Harvard Andrew Mellon Fellow in English.

As the chair of varied expert panels and reference groups, he made significant contributions to the development of public policy in areas from tourism, human settlements and public administration to science and technology, and arts and culture.

He lectured extensively at universities in the United States of America and served as a curriculum development and governance advisor to the University of South Africa, the University of KwaZulu-Natal, Tshwane University of Technology, Central University of Technology, and Walter Sisulu University.

Nkondo served on numerous boards and associations on the African continent and elsewhere and led the conceptualisation of the Liberation Heritage Route.

“Prof Nkondo has left us at the end of a life distinguished by his relentless pursuit - and generation – of knowledge that has made his country, continent and the world a richer, more inclusive place.

“His ideas and their application have impacted on lives and institutions across the globe. They have also a diaspora of academics, leaders and administrators who have benefited from Prof Nkondo’s inexhaustible intellect and interest in the betterment of humanity.

“His legacy is monumental and will continue to ripple through our lives. May he rest in peace after his extraordinary, enriched and enriching life,” President Ramaphosa said. – SAnews.gov.za

 

DikelediM
Mon, 08/19/2024 - 10:13

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Read morePresident Ramaphosa mourns passing of Prof Muxe Nkondo
19 August 2024

Displayit Prepares for a Vibrant Post-Summer Trade Show Season with a Full Spectrum of Display Solutions

Location: MyPR

As businesses ramp up their marketing efforts for the upcoming trade show season, Displayit, a leader in trade show displays, trade show banners, and trade show stands, is well-prepared to meet the surge in demand. The company is anticipating a busy season as exhibitors seek innovative solutions to captivate audiences at various corporate events and …

Read moreDisplayit Prepares for a Vibrant Post-Summer Trade Show Season with a Full Spectrum of Display Solutions
19 August 2024

Rev Up Your Ride with Toyota Engines

Location: MyPR

When it comes to reliability, performance, and longevity, Toyota engines are in a league of their own. Toyota’s reputation for producing high-quality, dependable engines has made them a top choice for drivers around the world. Whether you’re tackling your daily commute or embarking on a weekend adventure, Toyota engines can be the heartbeat of your …

Read moreRev Up Your Ride with Toyota Engines
18 August 2024

Discover the Chery Tiggo Range: Urban Elegance Meets Adventure

Location: MyPR

The Chery Tiggo range is making waves in the SUV market, merging style, performance, and practicality. Whether you’re navigating busy city streets or tackling rugged terrains, the Chery Tiggo models promise a dependable and enjoyable driving experience. Let’s explore the unique features and capabilities of the Chery Tiggo 4 Pro, Chery Tiggo 7 Pro, Chery …

Read moreDiscover the Chery Tiggo Range: Urban Elegance Meets Adventure
18 August 2024

Immersive Home Entertainment from Surround Sound to 4K Projection

Location: Entertainment, MyPR

Creating an immersive home theatre experience is more accessible than ever with advancements in audio and visual technology. Integrating a surround sound system, 4K projector, and loudspeakers, including wireless speakers, can elevate your home entertainment setup.   Surround Sound Systems: Bringing Cinema to Your Living Room A surround sound system is the backbone of any …

Read moreImmersive Home Entertainment from Surround Sound to 4K Projection
18 August 2024

Making Life Easier with Home Automation Systems

Location: Entertainment, MyPR

The concept of smart homes has rapidly evolved from a futuristic idea to a practical reality. With advancements in smart house technology, homeowners can now enjoy increased convenience, security, and energy efficiency.    Smart Homes: A New Era of Living Smart homes are designed to provide seamless control over various household devices and systems. By …

Read moreMaking Life Easier with Home Automation Systems
18 August 2024

Boosting Healthcare Efficiency with Medical Billing Software in South Africa

Location: MyPR

The healthcare industry in South Africa faces numerous challenges, from managing patient records to ensuring accurate and timely billing. One of the critical solutions to these challenges is the adoption of advanced medical billing software. This technology offers numerous benefits, including improved accuracy, enhanced efficiency, and better financial management for healthcare providers.   Streamlining Operations …

Read moreBoosting Healthcare Efficiency with Medical Billing Software in South Africa
18 August 2024

Securing Your Space: Modern Solutions for Safety and Protection

Location: MyPR

In today’s world, ensuring the security of both personal and professional spaces is paramount. Advancements in technology have brought forth a variety of doors and windows designed to offer maximum protection against threats. These security features are not just about physical barriers but also about peace of mind. Let’s explore some of the most effective …

Read moreSecuring Your Space: Modern Solutions for Safety and Protection
17 August 2024

President Ramaphosa signs Electricity Regulation Amendment Act into law

Location: News

President Ramaphosa signs Electricity Regulation Amendment Act into law

President Cyril Ramaphosa has signed into law the Electricity Regulation Amendment Act which sets out far-reaching reforms of the country’s electricity sector, including the establishment of a competitive electricity market.

In a statement on Friday, the Presidency said the bill assented to by the President amends the Electricity Regulation Act of 2006. This is so as to respond to current realities in the electricity sector. 

It also opens up pathways to greater competition and reduced energy costs; increases investment in new generation capacity to achieve energy security; establishes an independent transmission company as the custodian of the national grid; and imposes severe penalties for damage to and sabotage of infrastructure.

The Electricity Regulation Amendment Act provides for the establishment, duties, powers and functions of the Transmission System Operator SOC Ltd (TSO) – which must be established as an independent entity within five years – and for the National Transmission Company of South Africa to act as the TSO in the interim. 

It also provides for an open market platform that allows for competitive, wholesale or retail buying and selling of electricity.

The Act provides for market operation as a new activity that may be licensed by the National Energy Regulator of South Africa (NERSA). 

In addition, it requires the development of a Market Code that will establish rules to govern the future competitive market and outlines the process through which the code will be approved.

The Act further clarifies the principles that apply to the setting or approval of prices, charges and tariffs, providing, among others, that NERSA must enable an efficient licensee to recover the full cost of the licensed activity, must allow for a reasonable return proportionate to the risk of the licensed activity, and may provide for incentives for continued improvement of technical and economic efficiency.

As it does so, the regulator may consider factors such as security of supply, the diversity of supply and the promotion of renewable energy.

In addition, the Act distinguishes between tariffs that must be set or approved by the regulator, such as network charges, and those which are subject to a direct supply agreement or arise as an outcome of a competitive market.

“To ensure a level playing field for competition between multiple electricity generators, the Act provides that the system operator shall not discriminate between different generators or customers in relation to dispatching or balancing the system, except for objectively justifiable and identifiable reasons approved by the regulator. 

“Access to the transmission and distribution power system must be objective, transparent and non-discriminatory,” said the Presidency.

These changes are in line with the broader reforms guided by the Energy Action Plan and the Eskom Roadmap, which aim to modernise and transform South Africa’s electricity system to end load shedding and ensure long-term energy security.

It is anticipated that diversity of supply and the promotion of renewables will stimulate a demand for new skills, innovation and technology in the electricity sector, which will generate new industrial activity and in turn mitigate unemployment.

Reinforcing the protection of public infrastructure as part of the fight against crime, the law provides for fines of up to R1 million or five years in prison – or both – for persons who, among other offences, damage, remove or destroy any transmission, distribution or reticulation cable, equipment or infrastructure.

Penalties for persons who unlawfully receive such cables, equipment or infrastructure face fines of up to R5 million or 10 years in prison, or both.

Going forward, the Act will lead to long term energy security, a more competitive energy system, more rapid uptake of renewable energy sources, and ultimately lower energy prices for all South Africans.

The Electricity Regulation Amendment (ERA) Bill was passed through a majority in the National Assembly in March. 

READ | National Assembly passes Electricity Regulation Amendment Bill 

-SAnews.gov.za 
 

Neo
Sat, 08/17/2024 - 08:32

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Read morePresident Ramaphosa signs Electricity Regulation Amendment Act into law
16 August 2024

IAB SA 2024 Bookmarks Finalists’ Showcase Encourages AI Use, Audacity And Creative Collaboration

Location: MyPR

Today, 15 August 2024, the IAB South Africa Bookmark Awards hosted its second Finalists’ Showcase, supported by Google, Nielsen and Rainmaker Media, ShopriteX, ahead of the awards ceremony celebrating South Africa’s digital media and marketing industry. Host and moderator Ann Nurock, Cannes Lions Trend Spotter for the Creative Circle, Ster Kinekor and Bizcommunity and Partner …

Read moreIAB SA 2024 Bookmarks Finalists’ Showcase Encourages AI Use, Audacity And Creative Collaboration
16 August 2024

The power of wealth sponsorship

Location: MyPR

Giving back through investment enables people and corporates feel a profound sense of fulfilment and connection to the communities they support. Through investment platforms such as The Aions Exchange (AEX) – a micro-investment platform that is the brainchild of venture builder Aions Creative Technology –individuals and corporates alike are able to meaningfully impact socio-economic development …

Read moreThe power of wealth sponsorship
16 August 2024

Transport Management System

Location: MyPR

Integrated Transport Management and Fleet Management Software for South Africa You are with Fleataable The Best Fleet and Transport Management Software Thousands of customers recognized Fleataable as the best transport & fleet management software. The digitalization of the transport industry has resulted in the invention of online interface platform transportation management software With Fleataable, we …

Read moreTransport Management System
15 August 2024

President Museveni And King Mswati III Call For A Unified African Market And Political Federation

Location: News
State House Uganda

President Yoweri Kaguta Museveni and the First Lady and Minister of Education and Sports, Maama Janet Museveni have today welcomed the King of Eswatini, His Majesty, Mswati III at Entebbe International Airport.

His Majesty, Mswati III who is in Uganda for a three-day State Visit at the invitation of President Museveni was accompanied by his wife, Queen Inkhosikati Make Lamashwama and other high-level delegates.

At Entebbe International Airport, President Museveni was flanked by Ministers and service chiefs.

Upon arrival, the visiting King was accorded a 21-gun salute and inspected a guard of honour mounted by the Uganda People's Defence Forces (UPDF).

President Museveni later received his guest at State House Entebbe and held discussions focusing on enhancement of bilateral cooperation between the two countries.

In their discussions, President Museveni emphasised a clear vision for African prosperity, rooted in his experience as a student activist in the 1960s, a liberation leader, and now as a head of state.

“If Africans want prosperity, it comes from producing goods or services and selling them,” President Museveni stated.

He underscored the need for African nations to access larger markets to maximise economic benefits, highlighting Uganda's internal market of 46 million people as insufficient on its own.

“The fragmentation of the African market is a big disaster,” President Museveni warned.

He compared the continent's potential with that of Latin America, which, despite abundant natural resources, struggles with poverty due to its fragmented markets.

“I always tell my Ugandans here that if you want to be like Latin America, you are welcome because if you look at them, despite their wealth in natural resources, they still run to the USA for prosperity to get medical care, education, and other benefits,” he said.

The President argued that Africa's success lies in integrating markets across the continent, similar to how the United States operates with a vast and unified market.

He called for a model where African nations not only produce but also own and share in the benefits of their resources, rather than relying on foreign investments that often exploit the continent's wealth.

The President highlighted the need for African countries to collaborate on capital-intensive projects.

He also gave the example of Uganda's petroleum sector, where East African nations are invited to co-invest in infrastructure such as pipelines and refineries.

“It's not common sense that I produce, and you only buy. You can't say that to a brother,” President Museveni remarked, emphasising the importance of shared ownership.

President Museveni lauded the East African Community (EAC)'s progress in rebuilding and expanding to include eight member states, addressing both economic and political integration.

Beyond economic integration, President Museveni stressed the need for political federation in East Africa, which he views as crucial for establishing a strong military defence for the continent.

He highlighted the disparity in military capabilities between African nations and global powers like the United States, which boasts superior land, air, sea, and space forces.

“Africa must have the capacity to defend itself from all threats,” President Museveni asserted.

He called for a united African defence strategy as part of the broader vision for political federation.

His Majesty King Mswati III called for an enhanced cooperation between African nations, emphasising the need for unity in driving the continent's development.

He also expressed gratitude for the warm reception and hospitality extended to him and his delegation.

He highlighted the longstanding relationship between Uganda and Eswatini, noting that it had been years since their last meeting at a Commonwealth event.

“Your Excellency, I convey greetings from the Queen Mother, the government, and the people of Eswatini, and I wish to inform you that we are ready to strengthen ties between the two nations,” the King stated.

King Mswati went on to propose that Uganda and Eswatini establish regular communication channels to avoid neglecting the friendships and agreements already in place.

He stressed that African countries must work together to achieve progress in key areas such as poverty alleviation, job creation, education, and technological advancement.

“If we work together, there is much we can achieve. But if one country moves on its own, it cannot go far,” he said.

King Mswati III pointed out that Africa possesses abundant natural resources, yet the continent has struggled to produce efficiently due to the exploitation of these resources by foreign entities.

He advocated for African nations to share expertise and technology, citing Uganda's achievements in areas such as crude oil development as an example of successful collaboration.

“Now that we have mastered a lot of technology and expertise, we must take advantage of our resources,” the King stated.

The King further emphasised the need to promote entrepreneurship and knowledge exchange between Uganda and Eswatini, suggesting the establishment of distribution centres and routes to facilitate trade.

He also proposed increased cooperation between the Southern African Development Community (SADC) and the East African Community, expressing hope for a stronger economic partnership.

In terms of cultural ties, King Mswati III highlighted the similarities between the cultures of Uganda and Eswatini.

He proposed the organisation of cultural festivals to showcase these connections and attract tourists from around the world.

“We should promote our unique cultures, which are similar in many ways to support tourism and strengthen our bonds,” he added.

The King called for the opening of direct flight routes between Eswatini and Uganda to boost tourism and cargo trade.

He noted the potential for increased tourism, particularly given Uganda's rich natural attractions such as the Nile River and mountains.

“Let us work together to promote tourism by making travel between our countries easier and more accessible,” he urged.

King Mswati III also expressed support for Uganda's leadership in hosting the African Union's Humanitarian Agency and congratulated President Museveni on Uganda's chairmanship of the Non-Aligned Movement and the G77+China group.

He reiterated his country's willingness to cooperate with Uganda in various sectors, including the export and assembly of electric cars.

In Transport and Infrastructure, the two Heads of State also called for an expedition of cooperation processes regarding the creation of a hub by the Kingdom of Eswatini for marketing Kiira Motors Corporation's “Kayoola EVS” electric buses to the SADC region, using the advantage of the Maputo harbour area.

In conclusion, King Mswati III extended an invitation to President Museveni for a State Visit to Eswatini, emphasising the importance of continued collaboration between the two nations.

“Africa needs to work together to achieve economic independence, and our partnership with Uganda is a step in that direction,” he concluded.

Strengthening Bilateral Ties:

During the visit, Uganda and Eswatini further solidified their relationship through the signing of a Memorandum of Understanding.

The agreement was signed by Uganda's Minister of State for Foreign Affairs, Hon. Oryem Henry Okello, and Eswatini's Minister for Foreign Affairs and International Cooperation, Hon. Senator Pholile Shakantu.

Additionally, the two countries' agriculture Ministers discussed enhancing cooperation in the agricultural sector.

Eswatini, officially the Kingdom of Eswatini and also known by its former official name Swaziland and formerly the Kingdom of Swaziland, is a landlocked country in Southern Africa. It is bordered by Mozambique to its northeast and South Africa to its north, west, south, and southeast.

The Eswatini delegation included high-level officials such as HRH Princess Lindiwe and Hon. Manqoba Khumalo, Minister of Commerce, Industry, and Trade, among others.

On the Ugandan side, key ministers such as Hon. Babirye Milly Babalanda, Minister for the Presidency, Dr. Monica Musenero, Minister for Science, Technology, and Innovation, Hon. Mwebesa Francis, the Minister of Trade Industry and Cooperatives, and Hon. Katumba Wamala, the Minister of Works and Transport were also in attendance.

Distributed by APO Group on behalf of State House Uganda.

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15 August 2024

Ecobank Group Announces the Top Finalists for the 2024 Ecobank Fintech Challenge at its first ever Semi-Finals event in Lagos, Nigeria

Location: Business
Ecobank Transnational Incorporated

Ecobank (www.Ecobank.com), the pan-African Bank, has announced the top finalists for the first-ever and inaugural 2024 Ecobank Fintech Challenge Hybrid Semi-Final event held at the Ecobank Pan African Centre in Lagos, Nigeria. The finalists were selected from a cohort of 40 highly competitive Fintechs that made it to the semi-final stage of the competition. This year's challenge attracted over 1,550 applications from 70 countries in Africa and other global regions.

The finalists will showcase their innovative solutions at the Ecobank Fintech Challenge Grand Finale, scheduled for 27 September 2024, at the Ecobank Pan African Centre in Lomé, Togo. The event will be streamed live on Ecobank Group's social media channels, allowing a global audience to participate. Finalists of the challenge will compete for the US$50,000 ultimate prize during this highly anticipated event. 

Speaking at the Semi-Final, Jeremy Awori, Chief Executive Officer of Ecobank Group, remarked, "The finalists in this year's Ecobank Fintech Challenge have showcased exceptional talent and innovation; and we look forward to welcoming them to the Finale. At Ecobank, we're committed to collaborating with these business builders to develop products and services that will benefit our customers and contribute to our continent's progress”.

Showcasing the future of African fintech, here are the exceptional finalists of the 2024 Ecobank Fintech Challenge:

  • BuuPass, Kenya
  • Daba Finance,Ivory Coast
  • EasyEquities, South Africa
  • Exuus, Rwanda
  • Melanin Kapital Neobank, Kenya
  • MiaPay, Togo
  • PaySika, Cameroon
  • PROBOUTIK, Senegal
  • Sawport Video Banking as a Virtual Branch, Nigeria
  • Sproutly, Nigeria
  • Vaultpay, Democratic Republic of the Congo
  • YMO Africa, Guinea

The Ecobank Fintech Challenge, a flagship initiative of the Ecobank Group, organised for seven consecutive years, continues to serve as a premier continental platform for promoting innovation and collaboration between Fintechs and the pan-African Bank's cross-border markets spanning 35 countries. The challenge remains a significant event, attracting key players within the fintech ecosystem and beyond. It provides a unique opportunity for fintech entrepreneurs to address challenges such as reaching scale, navigating an uncertain regulatory environment, and managing scarcity of funding. In addition to financial rewards, the challenge offers Ecobank's expertise in diversified market operations and the right solutions to scale across its pan-African footprint and international presence.

Since inception, 60 fintech startups have been inducted into the Ecobank Fintech Fellowship.

The Ecobank Fintech Challenge is designed in partnership with international advisory firm Konfidants and is supported by various partners including Huawei, Proparco, TechCabal, BlueSpace, Afrilabs, Africa Fintech Network, MEST Africa, Naija Startups, Expand In Africa and Founders Africa.

This year's Grand Finale will bring together fintechs, regulators, investors, financial institutions, global technology companies, tech hubs, entrepreneurs, and industry experts.

Ecobank invites all key stakeholders within the Fintech ecosystem, and members of the general public to register for the Grand Finale via this link: https://apo-opa.co/4cndn5H.

Streaming platforms:

  • YouTube: Ecobank Fintech Challenge & Ecobank Group
  • Facebook: https://apo-opa.co/3WO7Q21

Distributed by APO Group on behalf of Ecobank Transnational Incorporated.

Media Contact:
Christiane Bossom
Group Communications
Ecobank Transnational Incorporated
Email: groupcorporatecomms@ecobank.com
Tél.: +228 22 21 03 03
Web: www.Ecobank.com

About Ecobank Group (or ‘Ecobank Transnational Incorporated' or ‘ETI'):
Ecobank Group is the leading private pan-African banking group with unrivalled African expertise. Present in 35 sub-Saharan African countries, as well as France, the UK, UAE and China, its unique pan-African platform provides a single gateway for payments, cash management, trade and investment. The Group employs over 14,000 people and offers Consumer, Commercial, Corporate and Investment Banking products, services and solutions across multiple channels, including digital, to over 32 million customers. For further information, please visit www.Ecobank.com.

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14 August 2024

Discover the Finest Used Engines at Lou Appels Engine Room

Location: MyPR

When it comes to finding a reliable and cost-effective solution for your car’s engine needs, Lou Appels Engine Room stands out as a premier destination. Known for its extensive selection of high-quality used engines, Lou Appels ensures that you get back on the road quickly and affordably. In this blog, we’ll dive into the offerings …

Read moreDiscover the Finest Used Engines at Lou Appels Engine Room
13 August 2024

Turning Ordinary Events into Unforgettable Experiences

Location: Entertainment, MyPR

Event management has evolved significantly over the years, becoming a sophisticated blend of creativity, technology, and meticulous planning. At the forefront of this evolution is a pioneer in turning ordinary events into extraordinary experiences.    The Art of Event Management Event management is more than just coordinating logistics; it’s about creating unforgettable experiences. Experts in …

Read moreTurning Ordinary Events into Unforgettable Experiences
13 August 2024

African Energy Week (AEW) 2024 Launches Upstream Oil & Gas Forum Amid African Liquefied Natural Gas (LNG) Market Expansion

Location: News
African Energy Chamber

Africa's upstream oil and gas sector is attracting substantial investments, with an $800-billion capital expenditure program focusing on LNG alongside traditional deep-water oil projects currently underway. This investment cycle is expected to boost Africa's LNG production capacity at a time when global gas demand is on the rise.

Responding to this environment, African Energy Week (AEW): Invest in African Energy 2024 will host a two-day Upstream Exploration & Production (E&P) Forum spotlighting Africa's LNG prospects. The forum will feature a series of strategic sessions and presentations, highlighting major LNG and floating LNG (FLNG) developments and investment opportunities shaping the sector.

AEW: Invest in African Energy is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit www.AECWeek.com for more information about this exciting event.

Mozambique is at the forefront of Africa's LNG growth, with the $20-billion Mozambique LNG project led by TotalEnergies set to produce 12.8 million tons of LNG per annum by 2028. Eni's second FLNG production project in the country – Coral Norte – and ExxonMobil's Rovuma LNG development are anticipated to reach FID by 2025. The country achieved natural gas sales of $1.7 billion in revenue in 2023, mostly driven by the start up of the Coral Sul FLNG project in November 2022.

The Nigeria LNG (NLNG) Train 7 expansion project is approaching completion, set to boost the country's LNG capacity by 35%, adding roughly 8 million tons per annum. The project is part of Nigeria's broader strategy to enhance its LNG production capabilities to meet both local and regional demand. In June 2024, the Nigerian National Petroleum Corporation signed a Project Development Agreement (PDA) with marine infrastructure company Golar LNG to deploy a FLNG vessel in the offshore Niger Delta region. The PDA plans to monetize 400-500 million standard cubic feet of gas per day, producing LNG, LPG and condensate, with FID expected by Q4 2024.

Under the Upstream E&P Forum, a session on The Demand Economics Driving the Growth of African LNG and FLNG will explore Africa's LNG portfolio, shedding light on supply and demand dynamics and future investment opportunities. Speakers will include Managing Director & General Manager of Eni Rovuma Basin Marica Calabrese, Africa Finance Corporation Vice President Taiwo Okwor, and senior representatives from Golar LNG, Angola LNG, and UTM Offshore.

In West Africa, Equatorial Guinea is also establishing itself as a major LNG player through its Gas Mega Hub (GMH) initiative, which aims to pool regional gas resources to become a central hub for gas processing, liquefaction and distribution. Last October, US oil and gas company Marathon Oil entered into an LNG sales agreement with commodity trader Glencore for Equatorial Guinea's Alba field, positioning the company for the GMH's next phase of development. Meanwhile, the Greater Tortue Ahmeyim (GTA) LNG project, spanning Mauritania and Senegal, is set to reach first production by Q4 2024, with a capacity of 2.3 million tons per year.

In southern Africa, Angola's LNG market is also growing, launching the second phase of the Falcão natural gas project last December, as well as developing the country's first non-associated gas development project in Soyo. South Africa's Virginia Phase 2 project is set to produce commercial quantities of LNG and liquid helium, with a capacity of 670,000 cubic meters of LNG per day. Meanwhile, the country's Port of Ngqura FLNG project involves the installation of a floating storage and regasification unit, gas-to-power infrastructure, cryogenic pipelines and a terminal for processing, storing, on-site exploitation and distribution of gas acquired from the country's on- and offshore fields.

A session on The Game Changer: Examining African Gas will outline Africa's natural gas reserves, production capacities, infrastructure development and export potential, highlighting potential for transitional energy, power generation and diversified growth. The session will feature senior representatives from Equatorial Guinea's national oil company (NOC) GEPetrol, Seplat Energies, and Mozambican NOC Empresa Nacional de Hidrocarbonetos.

With these developments on the horizon, Africa's leading upstream markets are positioning themselves as key players in the global LNG industry. AEW: Invest in African Energy 2024 will provide a pivotal platform for stakeholders to engage in discussions, forge partnerships and explore new opportunities within Africa's growing LNG sector.

Distributed by APO Group on behalf of African Energy Chamber.

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