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TUNIS, Tunisia - Tuesday, 30. August 2022

(BUSINESS WIRE)--Africa Finance Corporation (AFC), the leading infrastructure solutions provider in Africa, and Mizuho Bank, a leading global bank with one of the largest customer bases in Japan, have signed a Memorandum of Understanding to collaborate on project & infrastructure finance, trade finance and treasury to drive sustainable economic growth in Africa and Asia. This agreement was signed at the just concluded 8th Tokyo International Conference on African Development in Tunisia.

Through this partnership, AFC and Mizuho Bank are committed to co-financing infrastructure projects in Africa across key sectors including energy, transport and telecoms. The agreement also aimed at realignment of Africa’s trading position, providing innovative finance instruments to facilitate trade between Africa and Japan.

Additionally, Mizuho Bank will leverage AFC’s specialist industry expertise and global n ... Read more »

REHOVOT, Israel - Tuesday, 30. August 2022

Global initiative now includes an innovation sprint on cellular agriculture as a strategic choice for reducing food’s environmental impact and enabling greater food security

(BUSINESS WIRE) --  Aleph Farms, the first cultivated meat company to grow steaks directly from non-genetically engineered animal cells, today announced that it has been officially recognized by the Agriculture Innovation Mission for Climate (AIM for Climate) as an Innovation Sprint Partner. As part of this innovation sprint, $40 million is being invested in cellular agriculture R&D over the next five years through Aleph Farms with the support of L Catterton, Strauss Group, VisVires New Protein, CPT Capital, Synthesis Capital, Food Tank and Christensen Global. Aleph Farms will introduce its products into global markets as soon as regulatory processes conclude and approvals are finalized.

The United States and the United Arab Emirat ... Read more »

SEATTLE - Tuesday, 30. August 2022

Second AWS Middle East (UAE) Region allows customers to run workloads and store data securely in the UAE while serving end users with even lower latency

The new AWS Region is estimated to support an average of nearly 6,000 full-time jobs annually through a planned investment of more than $5 billion (AED 20 billion) in the UAE through 2036

Tens of thousands of customers in the Middle East and North Africa are innovating on AWS, including Al Ghurair Investment, Alef Education, Dubai Islamic Bank, GEMS Education, the UAE Ministry of Health and Prevention, and YAP

(BUSINESS WIRE) -- Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), today announced the launch of its second Region in the Middle East, the AWS Middle East (UAE) Region. Starting today, developers, startups, entrepreneurs, and enterprises, as well as government, education, and nonprofit organizations will have even greater choice for ... Read more »

(BUSINESS WIRE)--NTT Ltd., a leading IT infrastructure and services company, today announced the launch of Edge-as-a-Service, a managed edge compute platform that gives enterprises the ability to deploy quickly, manage and monitor applications closer to the edge.

NTT and VMware, in collaboration with Intel, are partnering to innovate on edge-focused solutions and services. NTT uses VMware’s Edge Compute Stack to power its new Edge-as-a-Service offering. Additionally, VMware is adopting NTT’s Private 5G technologies as part of its edge solution. The companies will jointly market the offering through coordinated co-innovation, sales, and business development.

NTT’s Edge-as-a-Service offering is a globally available integrated solution that accelerates business process automation. It delivers near-zero latency for enterprise applications at the network edge, optimizing costs and boosting end-user experiences in a secure environment.

NTT’s ... Read more »

VANCOUVER, British Columbia - Monday, 29. August 2022 AETOSWire 

VANCOUVER, British Columbia--(BUSINESS WIRE)--Quectel Wireless Solutions, a global IoT solutions provider, has announced that its 5G NR module RM520N-GL, compliant with 3GPP Release 16 (R16) standards, has been certified to operate on T-Mobile’s 5G and LTE-A networks in the United States.

With this certification, RM520N-GL customers can commercially deploy their home gateways, industrial routers, industrial automation devices, unmanned delivery vehicles, robots, drones, consumer and industrial laptops and other next generation IoT applications on T-Mobile’s 5G and LTE-A networks.

“We are thrilled to see that Quectel has made further significant progress in 5G, as our module supporting 5G R16 features has gained this important certification in the North American market,” said Norbert Muhrer, President and CSO of Quectel. “This confirms our commitment to d ... Read more »

New Partnership Addresses the Region's High Demand for xIoT Attack Surface Management and Remediation Capabilities

(BUSINESS WIRE) -- Phosphorus, the leading provider of advanced and full-scope security for the extended Internet of Things (xIoT), today announced a new distributor partnership for the Middle East and Africa (MEA) with CyberKnight, a leading cybersecurity value-added distributor for the region, in preparation for the official opening of the Phosphorus MEA office in Dubai on January 1st, 2023. The new partnership will see the two companies jointly delivering a new generation of xIoT security solutions for the MEA market.

With the CyberKnight partnership, Phosphorus will significantly expand its global presence in the MEA region, providing a critical xIoT security technology to these fast-growing markets. Phosphorus’s Enterprise xIoT Security Platform is the world’s first and only security technology capable of delivering attack surface ma ... Read more »

(BUSINESS WIRE) -- Moove, the world's first mobility fintech, today announced the signing of a Memorandum of Understanding [MoU] with MUFG, one of the world's leading financial groups and Suzuki, one of the world's leading suppliers of vehicles to mobility businesses. Through this MoU, Moove, which provides revenue-based financing to mobility entrepreneurs, aims to advance financial inclusion and job creation as well as upskilling opportunities in the sector.

Signed at the eighth Tokyo International Conference on African Development [TICAD] conference, the tri-party agreement is one of the first to involve an African fintech company and underscores the opportunity to leverage technology to improve the livelihoods of millions of people in emerging markets. Moove's alternative credit scoring technology will enable access to vehicle financing to mobility entrepreneurs, backed by the strength of MUFG's financial services capabilities and Suzuki's expertis ... Read more »