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TPG ventures into African market with purchase of $47.5m stake in telco Cellulant
Private equity group TPG has announced its first venture into the African market as its Rise Fund acquired a stake in telco firm Cellulant. TPG will buy a $47.5m stake in the digital payments provider, which reaches around 40 million people over 11 African countries.
- Categories
- Finance, Investing, Technology
- Region
- Sub-Saharan Africa
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Ghana unveils mobile money interoperability platform
Mobile money interoperability went live in Ghana following a number of delays, a step hailed by the country’s Vice President for propelling the country into one of the global leaders for the technology.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Viewpoint: Big Tech is an extractive industry, it must be regulated as such
Web activists have long bemoaned the dangers to privacy posed by these firms. But now the squeaky clean liberal image of Big Tech has been shattered by the scandal around Cambridge Analytica's use of personal Facebook data to help win the Brexit and Trump votes.
- Categories
- Technology
- Tags
- data
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China’s Major Tech Firms Will Dominate SE Asia’s Emerging Markets: Who Wins And Who Loses?
Digital behemoths Alibaba and Tencent are expanding their e-commerce, cloud and data capabilities across the SEA region, which has a rapidly growing population of more than half a billion people.
- Categories
- Finance, Technology
- Region
- Asia Pacific
- Tags
- e-commerce, fintech, MSMEs, public policy
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Viewpoint: Can blockchain be the foundation of sustainable social impact?
Blockchain can impact the way that we identify things and the way that we interact and with the digital world. It has the potential to create a more transparent and fair society.
- Categories
- Technology
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Inside the Jordan refugee camp that runs on blockchain
By letting a machine scan his iris, he confirmed his identity on a traditional United Nations database, queried a family account kept on a variant of the Ethereum blockchain by the World Food Programme (WFP), and settled his bill without opening his wallet.
- Categories
- Technology
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Launch in Karachi: National incubation centre to start operations
After making inroads into Lahore, Islamabad and Peshawar, a national incubation centre (NIC) is being established in Karachi to train youth who are looking forward to becoming tech-based entrepreneurs with the objective of dismantling old-fashioned systems and introducing new creative solutions.
- Categories
- Technology
- Region
- South Asia
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Amazon’s Internet is a new lightweight browser app for emerging markets
The aptly named app is the latest product to emerge from Amazon, and it’s an Android web browser meant specifically for emerging markets. On Google Play, the full name of the app is “Internet: Fast, lite and private,” and it promises to be “lighter than the competition.”
- Categories
- Technology
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