The Empower Africa Business Platform is Now Live !!!
This innovative solution provides a reliable backup internet connection for a leading digital bank in South Africa, ensuring uninterrupted service even in case of terrestrial network disruptions.
The undisclosed bank, among the pioneers of digital banking in South Africa, utilizes Q-KON’s Twoobii Smart Satellite Services.
This service harnesses the power of LEO satellites to deliver consistent internet speeds of 50 Mbps with minimal latency, guaranteeing seamless operations regardless of ground-based infrastructure challenges.
“This implementation marks a significant leap forward in securing reliable connectivity for African financial institutions, particularly those embracing the digital banking revolution,” states Eutelsat Group.
“The low latency and high bandwidth offered by LEO technology empower banks to offer uninterrupted services to their customers, even in remote areas or locations prone to terrestrial network outages.”
This pioneering collaboration between Eutelsat, Q-KON, and the South African digital bank paves the way for broader adoption of LEO-based solutions within the African banking sector.
It showcases the potential of Twoobii Eutelsat OneWeb in enhancing financial services by guaranteeing continuous, secure, and high-speed connectivity across the continent.

BasiGo, a prominent provider of electric bus solutions in sub-Saharan Africa, has successfully secured $42 million in new capital.

Aruwa Capital Management, a leading early-stage growth equity fund, has announced a follow-on investment in AgroEknor, a prominent hibiscus flower exporter and wellness brand.

Injaro Investments Advisors Limited, a prominent Ghanaian investment firm, announced the successful closing of its Injaro Ghana Venture Capital Fund (IGVCF), securing GHS 216 million (USD 17.5 million).