The most recent Trade in Transition report, incorporating perspectives from international trade specialists and senior executives, including representatives from Egypt, emphasizes a significant uptick in businesses' adoption of technology and adaptable trade tactics. This study underscores the resilience of Egyptian enterprises in the face of economic adversities in 2023 and apprehensions surrounding geopolitical developments.

Read more: Tech Integration Surges: Insights into Egypt's Business Landscape for 2024

NetBlocks, an internet observatory, reported a major disruption in internet connectivity affecting West and Central Africa. This outage was compounded by multiple failures reported by operators of subsea cables in the region. Despite the widespread impact, the precise cause of these cable failures remained unclear at the time of reporting.

Read more: Internet Outage Hits West, Central Africa Due to Subsea Cable Failures

Technology has always been at the heart of global economic development, and always will be. Throughout this evolution of technological advancement, there is one trend that significantly stands out as a key driver in this growth trajectory— the time to market (TTM) of products and services and the speed at which they are released by organizations and businesses.

Read more: 5.5G Pivotal in Exploring Industrial Dividends

In the past decade, mobile financial services (MFS) have transformed the landscape of financial transactions, making it easier, faster, and more accessible for people around the globe to manage their money. This transformation is particularly significant in developing countries, where traditional banking infrastructure is sparse, but mobile phone penetration is high. From mobile banking to mobile wallets to peer-to-peer transfers to microloans, MFS have become a cornerstone of economic activity for individuals and businesses alike.

Read more: The Evolution and Impact of Mobile Financial Services

Qvantel, a leader in Digital BSS, announced that they have signed an agreement with Etisalat Misr by e& at Mobile World Congress (MWC) to implement their Qvantel Flex BSS solution to help in the digital transformation of Etisalat BSS. By utelizing Qvantel Flex BSS running on AWS Outpost, Etisalat Misr by e& can quickly develop and implement new use cases and try out new business models.

Read more: Qvantel Provides Support to Etisalat Misr by e& in BSS Transformation

Driven by AI technologies, telecom companies are embarking on an accelerated transformation journey. Recognizing that advancing digital intelligence transformation hinges on the integration of vast carrier knowledge, experience, and data with cutting-edge AI technologies, Huawei, the leading global provider of information and communications technology (ICT) infrastructure and smart devices has identified the critical need for this fusion.

Read more: Transforming Telecoms: Huawei ICT Services & Software Enable Digital Intelligence Acceleration

In a digital era defined by rapid technological advancements, African businesses are poised to embark on a transformative journey fueled by the power of artificial intelligence (AI). With the introduction of AI-driven solutions, particularly in the realm of search advertising, businesses across the continent are set to experience unprecedented levels of efficiency, effectiveness, and success.

Read more: African Businesses to Use AI for Streamlined Search Advertising

With the electric vehicle (EV) market in South Africa expected to grow at a rate of 16.3% annually until 2028, with a projected value of ZAR 615 million by 2024, it's evident that the automotive landscape is headed towards a future defined by innovation. However, the shift to electric vehicles represents just the tip of the iceberg for the automotive sector. By 2030, an estimated 95% of new vehicles sold globally will be interconnected, heralding an era dominated by software, customization, and automation.

Read more: Navigating Trust and Innovation in South Africa's Automotive Technology

Telecom Review successfully presented its latest webinar titled ‘African Vistas: The Rural Connectivity Revolution’, which gathered industry experts to discuss the current state of connectivity in Africa, along with sustainable solutions and challenges and Government policies and public/private collaborations.

Read more: Telecom Review Panel: ‘African Vistas: The Rural Connectivity Revolution’

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