Articles by "company"
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West Africa’s leading telecommunications and data services company, MainOne, today celebrated five years of leadership in transforming the region’s Internet landscape.
According to the company, it has invested over $300 million in infrastructure in West Africa towards improving connectivity and data center services in West Africa in the past five years.
Within this period, the company says it has ensured to its customers highly available and reliable services with zero downtime experienced on its core submarine cable infrastructure over its period of operations.
Chief Executive Officer, Funke Opeke, says the company had made investments in growing directly and through partnerships its fiber terrestrial network and POPs across the region and opened a Tier III Data Center, MDX-I, which was the first of its kind for the region in Lagos earlier this year.
MainOne provides its services to seven countries in West Africa, and has worked with an impressive list of 500+ major telecom operators, ISPs, government agencies, large enterprises, and educational institutions in the region.
The company is regarded as the leading Internet transit provider in West Africa, interconnected with the London Internet Exchange (LINX), Amsterdam Internet Exchange (AMIX), Nigerian Internet Exchange (IXPN) and the Ghanaian Internet Exchange (GIX).
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SAN JOSE, CA - AUGUST 10: A sign is posted in front of the Cisco Systems headquarters on August 10, 2011 in San Jose, California. Cisco Systems reported better-than-expected fourth quarter revenues with a 3.3 percent rise to $11.2 billion as the company continues to scale down its business. (Photo by Justin Sullivan/Getty Images)
Cisco, the world’s biggest maker of switching equipment and routers that run the Internet, has announced plans to invest more than $10 billion in China along with local business partners over the next several years.
Following high-level meetings between top executives and Chinese Vice Premier Wang Yang and other government agency leaders, the company said it had signed a Memorandum of Understanding (MoU) with China’s state planner, the National Development and Reform Commission, to expand investment in the country.
Cisco also signed an MoU with the Association of Universities (Colleges) of Applied Science (AUAS) to advance technical training of information and communications engineers, in a deal that will see it invest in a four-year network engineer training program with 100 universities and colleges of applied science recommended by AUAS.
The investment is expected to be used to fund innovation, equity investment, research and development and job creation.
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Ecobank and MasterCard
Ecobank Transnational Inc., is arguably Africa’s largest bank by geographical reach, has signed a landmark multi-country agreement with global payments technology company MasterCard to bring MasterCard’s payment solutions to more than 32 sub-Saharan African markets.
The agreement culminates the multi-country licensing agreement signed by MasterCard and Ecobank in January 2014, which will see Ecobank issue MasterCard debit, prepaid, and credit cards to millions of its customers over the next 10 years.
As part of the deal, Ecobank will also roll out innovative MasterCard acceptance solutions designed to expand the number of merchant locations that accept MasterCard payment cards on the continent.
The move is expected to increase the acceptance and adoption of electronic payments in Africa.
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