Browsing Tag

data

Inside Absa: The Role of Data in Transforming Africa’s Banking Scene

Data-Driven Strategies at Absa: A Conversation with Hartnell Ndungi Managing data across diverse countries and markets can feel like trying to juggle flaming torches while riding a unicycle. It’s no small task. It takes not just vision but strong leadership to navigate these complexities effectively. This was a prominent theme during our conversation with Hartnell Ndungi, the Chief Data Officer at Absa—one of Africa’s largest banking institutions. In an era where data shapes industries, Absa is taking significant strides…

Africa Unveils First Space Agency in Cairo to Close Satellite Data Gap

The African Space Agency (AfSA) has officially opened its doors in Cairo, Egypt, marking a pivotal moment for the continent and its aspirations. Established under the auspices of the African Union (AU), this agency is not merely a new bureaucratic entity; it embodies a collective vision. A vision directed toward addressing pressing issues such as climate change while striving to keep pace with advancements in space technology and Earth observation. As we stand on the precipice of space exploration, it’s worth noting that…

Cyberattack Exposes Customer Data, Yet Financial Systems Stand Strong

MTN Group Addresses Recent Cybersecurity Incident In an era where digital security is paramount, MTN Group, a leading telecommunications giant, has recently found itself at the center of a significant cybersecurity event. The company's spokesperson emphasized that “our core network infrastructure, billing systems, and financial services platforms are safe and fully functional.” However, they did not disclose specifics regarding the number of countries affected or the scope of the incident,…

World Bank Questions Accuracy of Nigeria’s Data

Imagine trying to juggle several items in the air, only to discover you’re constantly a step behind your peers. This is essentially the predicament Nigeria found itself in after a recent evaluation by the World Bank. A comparison was drawn between Nigeria’s statistical apparatus and those of several countries, such as Mexico, Colombia, South Africa, and Brazil. These nations, by the Bank’s standards, seem to soar higher in terms of statistical proficiency. It’s a stark reminder that, in the global arena,…

Concerns Emerge Over Data Privacy with Somalia’s Introduction of a New National ID System

MOGADISHU, Somalia— As Somalia embarks on an ambitious journey to bring its identification framework into the digital age, the rollout of the new National Identification and Registration Authority (NIRA) system is lighting up the proverbial switchboard with public apprehension. The buzz isn’t just white noise; concerns about the safekeeping and longevity of personal data are resonating across the nation like a chorus of warning bells. Imagine the skepticism swirling around the NIRA initiative as a tempestuous cloud, casting…

Kenya to Begin Releasing Essential Inflation Data to Enhance Targeting Efforts

FILE PHOTO: A worker cradles freshly baked bread at a bustling Nairobi supermarket, May 8, 2017. Picture taken May 8, 2017. REUTERS/Baz Ratner/File Photo Purchase Licensing Rights There's a new wind blowing through Kenya’s financial corridors, touched by whispers of "Did you hear about the inflation twist?" The statistics office is sharpening its pencils and rolling out core inflation data for the first time. It's a tale as rivetting as any economic thriller (if such a thing exists). The move is akin to giving a GPS to…

Data from the black box goes missing just moments before the South Korean plane tragedy.

On December 29, a Jeju Air jet tragically crashed near Muan airport in South Korea, marking a dark chapter in aviation history. The incident claimed the lives of 179 people, making it the deadliest airplane accident ever recorded on South Korean soil. To add to the mystery, the flight’s black boxes—those all-important flight data and cockpit voice recorders—stopped recording just four minutes before the aircraft collided with a concrete structure. Talk about cutting things a little too close for comfort. Now, this wasn’t…

inauguration of a data center near Dakar, a

In Senegal, a state data center was inaugurated in Diamniadio on Tuesday, June 22, near Dakar. The infrastructure, presented as a "tool for digital sovereignty", will make it possible to store data from the administration and the private sector. A "revolution" according to the authorities, in particular to facilitate the dematerialisation of administrative procedures. A project included in the emerging…

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