The collaboration grants Liquid exclusive rights to sell and distribute Globalstar’s XCOM RAN private network 5G access solution in these markets.

This innovative technology is poised to revolutionize industries, particularly mining in Africa, by enhancing the 5G experience and supporting AI-driven applications.

Strive Masiyiwa, founder and chairman of Liquid Intelligent Technologies, expressed enthusiasm about the partnership, highlighting the potential for providing large enterprises like mines with their own 5G private networks capable of supporting advanced services such as AI.

Liquid will offer comprehensive customer support for Globalstar’s products and services, including technical assistance and warranty coverage.

The partnership also explores potential expansion into Globalstar’s satellite, Band n53 spectrum, and IoT solutions.

Dr. Paul E. Jacobs, CEO of Globalstar, emphasized the significant market potential for their technology in the regions served by Liquid.

He highlighted the unique capabilities of the XCOM RAN product in enabling mission-critical wireless applications, particularly when combined with Globalstar’s n53 midband spectrum.

The partnership aims to accelerate the deployment of advanced wireless technology across Africa, the Middle East, and the Gulf.

The historic journey, which took place between August 7 and 11, 2024, transported 96 passengers between Lagos and Cotonou.

This achievement underscores Treepz’s commitment to providing innovative and reliable transportation solutions across Africa.

The company has consistently been at the forefront of the mobility sector, having transported over 5 million passengers within its existing markets of Nigeria, Ghana, Kenya, and Uganda through its rental marketplace.

Onyeka Akumah, Founder and CEO of Treepz, expressed pride in the company’s accomplishment.

“This is a momentous occasion for Treepz. We are excited to be pioneers in cross-border transportation and to demonstrate our capacity to meet the growing demand for efficient mobility solutions across Africa,” Akumah said.

The round trip, covering nearly 1400 kilometers, involved a fleet of five well-maintained buses equipped with insurance, tracking, and communication systems to ensure passenger safety and comfort.

Beyond cross-border rentals, Treepz offers a comprehensive suite of corporate mobility services, including employee transportation, event logistics, airport transfers, and school bus shuttles.

This latest achievement solidifies Treepz’s position as a leading player in the African mobility industry, setting a new standard for cross-border transportation services.

The ambitious undertaking involves the installation of over 13,000 solar panels across an area of approximately 28,100 square meters.

This massive solar array will generate a total of 6 megawatts of electricity, significantly reducing the shopping centre’s reliance on the grid.

The decision to invest in solar power comes in response to the ongoing load-shedding challenges faced by South Africa.

Eastgate’s parent company, Liberty Two Degrees, has committed to a sustainable future and aims to achieve net-zero carbon emissions.

“This is a monumental achievement for Eastgate and a testament to our dedication to environmental responsibility,” said Melinda Isaacs, L2D’s Developments executive.

“By reducing our carbon footprint and ensuring uninterrupted operations during load shedding, we are creating a more sustainable and resilient future for our customers, tenants, and the community.”

The completed solar installation is expected to generate substantial energy savings and contribute to a cleaner environment.

Eastgate Shopping Centre remains committed to providing a seamless shopping experience for its customers, even during challenging times.

This innovative platform aims to tackle the challenges of financial exclusion, exorbitant transaction fees, and limited banking access prevalent in many African countries.

At the core of the NeoNomad platform is ZARcoin (ZARC), a stablecoin pegged to the South African Rand.

By seamlessly integrating cryptocurrency and traditional currency, ZARC facilitates swift and secure digital transactions both domestically and internationally.

The platform also ensures transparency and accountability through rigorous adherence to anti-money laundering, counter-financing of terrorism, know-your-customer, and privacy regulations.

“Our goal is to empower individuals to make informed financial decisions,” said Hanres Beukes, CEO of NeoNomad. “By creating a robust financial ecosystem, we aim to overcome barriers like infrastructure limitations and enable greater financial participation.”

Leveraging Solana Pay technology, the NeoNomad app offers instant, low-cost transactions through a decentralized e-banking system.

Users can effortlessly make cryptocurrency payments at physical stores by scanning QR codes, thanks to seamless integration with existing point-of-sale systems.

NeoNomad’s hybrid exchange platform represents a significant step forward in financial inclusion for Africa, promising to transform people’s interactions with money.

The collaboration aims to boost the growth of Somali businesses by providing them with a secure and efficient way to conduct online transactions.

The payment gateway will enable businesses to expand their customer reach, boost revenue, and compete effectively on a global scale.

Shehryar Ali, MasterCard’s Country Manager for East Africa and Indian Ocean Islands, emphasized the partnership’s significance, stating that it will enable Somali businesses to tap into the growing e-commerce market.

The platform aligns with MasterCard’s broader goal of integrating 50 million micro and small businesses into the digital economy by 2025.

Premier Bank’s involvement in this initiative is part of its 2030 strategy to create a comprehensive payment ecosystem benefiting both cardholders and merchants.

The rapid growth of online shopping in Africa, fueled by increased internet penetration and the impact of the COVID-19 pandemic, presents a significant opportunity for Somali businesses.

With a growing mobile phone and internet user base, the Premier Payment Gateway is well-positioned to meet the evolving needs of Somali consumers who are increasingly seeking convenient and secure online shopping experiences.