ICT distributor Rectron suffers cyber attack

ICT distributor Rectron suffers cyber attack

Rectron has confirmed it has become a victim of a cyber attack. ICT distributor Rectron has informed stakeholders that it has become the latest victim of a cyber attack. In a statement, the company says the incident, identified on 15 July, “has affected certain information technology systems and operations”. According to Rectron, investigations are ongoing…

Read More
Africa: Egypt’s Reme-D Gets .45m to Scale Molecular Diagnostics in Africa

Africa: Egypt’s Reme-D Gets $1.45m to Scale Molecular Diagnostics in Africa

Egyptian healthtech startup Reme-D has raised $1.45 million in a Pre-Series A funding round led by Anara Impact Capital to expand production of its molecular diagnostic tests and grow its presence across Africa and other underserved markets. The round included participation from the Global Innovation Fund, Africa Health Ventures and other investors. The funding follows…

Read More
Samsung Fold8 series unveiled as folding phone war looms

Samsung Fold8 series unveiled as folding phone war looms

Samsung has taken the wraps off its latest Galaxy foldable smartphones as competition in the category intensifies, with Apple widely expected to enter the market in September. Samsung has dominated the foldable smartphone market since introducing the first Galaxy Fold, giving the company years of experience refining the category before rivals, including Apple, arrive with…

Read More
Africa: Ai’s Growth Potential in Africa Hinges On Electricity, Connectivity and Skills, IMF Says

Africa: Ai’s Growth Potential in Africa Hinges On Electricity, Connectivity and Skills, IMF Says

Artificial intelligence could increase Sub-Saharan Africa’s economic output by about four percent over the next decade, but only if governments make substantial investments in electricity, internet connectivity and digital skills, the International Monetary Fund said in a report released Tuesday. Without those reforms, the region would capture only marginal gains from the AI revolution, with…

Read More