Tag Archives: revenue

McKinsey & Company Predicts African Fintech Revenues Could Reach an Impressive $30 Billion by 2025

As the fastest-growing start-up industry in Africa, African fintech raised over US$1,3 billion in 2021 alone, the success of fintech companies is being fuelled by several trends, including increasing smartphone ownership, declining internet costs,  expanded network coverage, and a young, fast-growing, and rapidly urbanizing population. [i] African fintech has a significant impact on day-to-day life […]

Frost & Sullivan: Need for Increased Functionality Drives EMEA Contact Center Systems Market

Enterprises pushing for tighter integration between various contact center applications   LONDON, Dec. 13, 2012 /PRNewswire/ — Technology upgrades and migration to IP/SIP are key drivers for the contact center systems market in Europe, Middle East and Africa (EMEA). Revenue growth in the analytics segment is robust, followed by the quality monitoring (QM) segment. Despite the presence […]

Higher Data Penetration Creates New Opportunities in South Africa

BOSTON, Dec., 2012 /PRNewswire/ — Cloud services, mobile advertising and mobile apps will be some of the highest growth segments in the South African market, contributing half a billion dollars in new revenue from 2012-2017, according to a new report from Pyramid Research (www.pyr.com). South Africa Telecom Market Forecast analyzes the South African telecom market in […]

MITSUMI IT Distribution Africa concluded its GITEX 2012 debut on a high note

MITSUMI IT Distribution has concluded its GITEX debut successfully which run from October 14 – 18, 2012 at Dubai World Trade Centre.  GITEX is the ICT business gateway to the Middle East, Africa and South Asia (MEASA) region. This year, for the very first time, MITSUMI has exhibited its world-class product portfolio from renowned global […]

TelOne Deploys FTS’ Convergent Billing & Customer Care Solution

FTS’ Leap™ Billing Supports Zimbabwean Operator’s Fixed, Mobile and Broadband Services AfricaCom 2012 | Cape Town, South Africa | Booth E13 | November 14, 2012: FTS, a global provider of billing, customer care and policy control solutions for communications and content service providers, today announced that Zimbabwe’s TelOne has successfully implemented its Leap Billing software, […]

Transition Networks Showcases Full Product Portfolio for Mobile Backhaul Migration at AfricaCom

Transition Networks Simplifies Service Provider Mobile Backhaul Migration to IP Every Step of the Way Cape Town, Africa — November 13, 2012 — Transition Networks Inc., the fiber access technology expert, a wholly owned subsidiary of Communications Systems, Inc. (NASDAQ-GM: JCS), today announced it is showcasing a full-suite of mobile backhaul products built to provide […]

Nigeria’s Constitution Review: Nigerians reject rotating the presidency between North and South

By Hussaini Umar Nigerians yesterday rejected single term presidency, which is being canvassed by President Goodluck Jonathan, during the House of Representatives Public Hearing on the review of the 1999 Constitution at the 360 Federal Constituencies in the country. Also, in most states, the call for the creation of additional states and the recognition of […]

International Gateway Traffic Verification System Now Fully Operational in Rwanda

CAPE TOWN, South Africa, November 8, 2012/PRNewswire via African Press Organization (APO)/ — A Joint Realization of Global Voice Group and SGS Societe Generale de Surveillance for the Rwanda Utility Regulatory Agency Global Voice Group (GVG) and SGS Societe Generale de Surveillance are proud to announce that the International Gateway Traffic Verification System (IGTVS), commissioned […]

IMF Concludes ECF Review Mission to the Central African Republic

BANGUI, Central African Republic, November 8, 2012/African Press Organization (APO)/ – A mission from the International Monetary Fund (IMF) led by Mr. Norbert Toé visited Bangui, Central African Republic (CAR), during October 24 to November 8, 2012 to conduct the first review of the three-year program supported under the Extended Credit Facility (ECF). The mission […]

Orange Business Services appoints new General Manager in Middle East & Africa

  Orange Business Services appoints new General Manager (.pdf Acrobat Reader)   priority on banking & finance, oil & gas and smart cities sectors   Orange Business Services, the business services arm of France Telecom-Orange and one of the Middle East’s major ICT employers, has appointed Jean-Luc Lasnier as the new General Manager for the […]

Oncobiologics and Boston Oncology Team Up to Deliver Biosimilar Therapies for Cancer and Immune Disease to Middle East and North African Markets

CRANBURY, N.J. and CAMBRIDGE, Mass., Nov. 6, 2012 /PRNewswire/ — Oncobiologics, Inc. and Boston Oncology, LLC today announced a strategic partnership that will allow Boston Oncology to license, manufacture, and commercialize four of Oncobiologics’ biosimilar therapies for cancer and immunological disease in the Middle East and North African (MENA) regions. Under the agreement, Boston Oncology—a […]

IMF Concludes Staff Mission to Uganda

  KAMPALA, Uganda, November 6, 2012/African Press Organization (APO)/ – An International Monetary Fund (IMF) team visited Kampala from October 24 to November 6, 2012 to carry out discussions with the Ugandan authorities for the fifth review of their IMF-supported economic and financial program. The mission met with Hon. Maria Kiwanuka, Minister of Finance, Planning, […]

Deforestation Costing Kenyan Economy Millions of Dollars Each Year and Increasing Water Shortage Risk, UNEP and Kenya Forest Service Report Finds / Services from Kenya’s Water Towers Underpin Many Sectors of Economy

NAIROBI, Kenya, November 5, 2012/African Press Organization (APO)/ – Deforestation deprived Kenya’s economy of 5.8 billion shillings ($US 68 million) in 2010 and 6.6 billion shillings in 2009, far outstripping the roughly 1.3 billion shillings injected from forestry and logging each year, according to a joint Kenya Forest Service (KFS) and UN Environment Programme (UNEP) […]

Airtel Nigeria appoints Segun Ogunsanya as Chief Executive Officer

  Segun Ogunsanya will be responsible for defining and delivering the business strategy and providing overall leadership for Airtel Nigeria LAGOS, Nigeria, November, 2012/African Press Organization (APO)/ – Bharti Airtel (http://www.airtel.com), a leading global telecommunications services provider with operations in 20 countries across Asia and Africa, today announced the appointment of Segun Ogunsanya as the […]

Summit aims to encourage enterprises and governments to be tech intensive and ICT empowered

  Enterprises and governments to be tech intensive and ICT empowered (Microsoft Word) The anticipated annual IT Leaders West Africa Summit will take place from 28 to 29 November 2012 in the heart of Ghana’s esteemed capital city, Accra. The summit is produced by international business-to-business conferencing company, Kinetic Events; key strategic information providers to […]

MarketsandMarkets: World Sensors Market in Healthcare Applications is expected to reach $13.11 billion by 2017

  DALLAS, August, 2012 /PRNewswire/ — According to a new market research report “World Sensors Market in Healthcare Applications (2012-2017), Global Forecast & Analysis – Segmentation by Type of Sensor (Temperature, Pressure, Chemical, Flow, Level, Position, Image and Biosensors), Monitoring, Therapeutic, Diagnostic, Drug Discovery & Delivery Applications, Geographical & Country-wise Markets“ published by MarketsandMarkets (http://www.marketsandmarkets.com), […]

Frost & Sullivan Recognizes Sonic Foundry for its Continued Dominance in the Lecture Capture Solutions Market

  With its flagship platform, Mediasite, the company has sustained highest market share for past six years   MOUNTAIN VIEW, Calif., Aug. 21, 2012 /PRNewswire/ — Based on its recent analysis of the lecture capture solutions market, Frost & Sullivan recognizes Sonic Foundry with the 2012 Global Frost & Sullivan Award for Market Share Leadership. For […]

Ethiopian Airlines buys additional plane for US$276 million

By Sanday Chongo Kabange (ABN) HONG KONG – Ethiopian Airlines has ordered an additional 777-200LR aircraft valued at US$276 million from Boeing, bringing the number of similar planes to six. The Addis Abba-headquartered carrier is to add an additional aircraft to its fleet, less than two months after two plane crashes in Ghana and Nigeria […]

Online ID OD: Illegal Web Trade in Personal Information Soars

  LONDON, July 17, 2012 /PRNewswire/ — Experian CreditExpert’s identity web monitoring service reveals more than 12 million pieces of personal information traded online globally between January and April 2012 More than 12 million pieces of personal information were illegally traded online by identity fraudsters in the first four months of 2012, new figures from […]

Mobile Retail Commerce Rises While Social Shopping Drops in Second Quarter, Reports IBM

ARMONK, N.Y., July 16, 2012 /PRNewswire/ — Mobile shopping rose while social media sales fell, providing an indication of where US retailers may invest in order to capture the attention and loyalty of the digital consumer, according to a new report from IBM (NYSE: IBM). The IBM Retail Online Index, a cloud-based analysis of the […]

Manama Hotels Top List of Global Revenue Earners

Ernst & Young Reports Bahrain Hotels Top List of Largest Increase in Revenue per Available Room MANAMA, Bahrain, July 12, 2012 /PRNewswire-USNewswire/ — Bahrain’s hotel industry tops list of global revenue earners in the Middle East/North Africa region according to the latest report issued by Ernst & Young. Hotels in Manama reported a 52.1 percent increase […]

Africa – Mobile Voice Market and Major Network Operators

Market penetration to reach 60% among Africa‘s one billion people in 2012 Mobile phones represent more than 90% of all telephone lines in Africa. Market penetration passed the 50% mark in 2010 and is expected to reach 60% in 2012. Subscriber growth across the continent has slowed to around 17% p.a, but several individual markets […]