Key Developments
Eutelsat and Q-KON Join Forces to Launch Africa's First OneWeb LEO Satellite Service
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.
Related Articles
Register Now
Empower Africa Times Newsletter
Share :
You may also like...
Shekel Mobility Secures $7 Million in Funding to Drive Growth in African Automotive Market
Shekel Mobility, a B2B auto dealers marketplace catering to the African used car market, has secured $7 million in funding to propel its growth and expansion plans.
Jumo: The South African Fintech Pioneering the Future of Financial Services in Africa
Founded in 2015, Jumo is a dynamic fintech company that marries cutting-edge technology and financial expertise to deliver inclusive financial services to underserved communities.
South Africa Gets $300 Million Support From the African Development Bank for Energy Transition and Climate Resilience
The African Development Bank (AfDB) has approved a $300 million facility for South Africa to support its Energy Governance and Climate Resilience Programme.