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Ethio Telcom has set February 2021 as the new deadline for the completion of its privatization plan. Until then, the state-owned Ethio Telecom remains one of the world’s existing monopolies.
Google has graduated its first virtual cohort of Startups Accelerator. 20 startups went through the 12-week virtual program, received mentorship, and attended several workshops on product development and business growth.
See Also: The Big 5 Daily: 11th September 2020
Shortly after Communications Authority of Kenya issued new draft regulations that compel telcos to compensate subscribers that experienced network outages. Safaricom, Telcom, and Airtel Kenya have decided to issue out credit equivalent to usage over a period the outage lasted.
PayPal and Visa have partnered to offer “Instant Transfer” to help people and businesses to access transferred funds in split seconds. This service for both domestic and cross-border payments in international markets.
Also, on the Big 5 Daily, Nigeria’s geostationary communication satellite, NIGCOMSAT-1R is being used by the Agency for Air Navigation Safety in Africa to broadcast Satellite-based Augmentation System signals over the African and Indian Ocean region (AFI). This is a major step in developing satellite navigation solutions for the continent by a local provider.
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