- Firms to Build DDoS Scrubbing Centre in Nigeria
21st Century Technologies Limited, an ICT powerhouse in Nigeria, says it is partnering Nexusguard to build the DDoS scrubbing centre in Nigeria and provide the DDoS mitigation service to enterprises and government customers in Africa.
According to a statement, 21st Century builds digital infrastructure including the most advanced global digital security point of present in Nigeria, tier-4 data centre, academy and software development centre to help customers, partners and government in Africa to deploy necessary innovation solutions to remain secure, competitive, lead and win in the era of digital transformation and engagement.
The Chief Executive Officer, 21st Century Technologies, Wale Ajisebutu, stated, “We opted to partner Nexusguard because of their global reach and robustness of their platform. They have helped many companies and governments globally defend against cyberattack.
“Nexusguard is consistently recognised by analysts such as Gartner and Forrester as a market leader. Customers choose to take advantage of our new compelling cybersecurity solution, which will surely capture enormous opportunities for unlimited growth.”
With the DDoS risk increasing worldwide, he stated that service providers would be updating their capabilities to provide not only bandwidth and subscriptions, but also cybersecurity.
That transformation, known as Telco 5.0, he explained, would demand the methodology and mechanics to shift platforms, people and processes to provide optimal security.
He stated that Nexusguard would fulfil that need with its global scrubbing cloud, adding that paired with 21st Century Technologies’ local capacity, the companies would provide a seamless “global+local” scrubbing network that could detect and mitigate both international and local DDoS attacks simultaneously.
The Chief Executive Officer, Nexusguard, Andy Ng, said, “Communications service providers have a new opportunity to help create a global DDoS defence network to protect Internet users. Our partnership with 21st Century Technologies in Nigeria, as with other Telco 5.0 providers around the globe, is critical to not only helping enterprises fortify themselves against future attacks but also to telcos transforming their business.”
Jumia Nigeria Appoints Sunil Natraj as CEO, Outlines Ambitious Expansion Plans
Former Jumia Ghana CEO to Lead E-Commerce Giant as Massimiliano Spalazzi Steps Down
Jumia Nigeria, a prominent player in the e-commerce sector, has announced the appointment of Sunil Natraj as its new CEO.
Natraj, the former CEO of Jumia Ghana, will take the helm of the e-commerce business in January 2024, succeeding Massimiliano Spalazzi, who has been with Jumia Group for 11 years and will be stepping down in December 2023.
The announcement came during a media parley held in Yaba, Lagos, Nigeria, with Francis Dufay, the CEO of Jumia Group, unveiling Natraj as the new leader.
Natraj expressed Jumia’s commitment to becoming a truly Nigerian company and continuing the initiatives started by Spalazzi.
“We want to continue what Spalazzi started,” Natraj stated, emphasizing Jumia’s vision to expand its presence beyond Lagos.
He disclosed plans to extend operations to additional Nigerian cities, with Akure and Ilorin on the radar and a focus on cities en route to Ibadan, Warri, and Benin in the first quarter of 2024.
The overarching strategy is to create a comprehensive network covering the entire country.
Dufay outlined the ambitious goal of targeting cities with populations exceeding 20,000 people, citing successful precedents in Ghana, Cote d’Ivoire, and Senegal.
He acknowledged the challenges faced by Jumia, including a workforce reduction in Q4 2022 and a 73% cut in advertising budgets in Q3 2023.
Despite the hurdles, Dufay highlighted Nigeria as Jumia’s largest market and affirmed the company’s determination to navigate and thrive in the ever-evolving e-commerce landscape.
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Flutterwave Expands Financial Frontier: Acquires Money Transfer Licenses for 13 U.S. States
Africa’s Leading Payments Tech Firm Facilitates Faster, Affordable, and Secure Transfers between the U.S. and Africa
In a significant move towards advancing financial connectivity between Africa and the United States, Flutterwave, Africa’s premier payments technology company, has proudly announced its acquisition of money transfer licenses for 13 key U.S. states.
This strategic expansion aims to expedite, streamline, and secure the transfer of money from the U.S. to Africa and back.
The states covered by the newly acquired licenses include Arizona, Arkansas, Maryland, Michigan, Delaware, Georgia, Maine, Mississippi, Missouri, New Hampshire, Iowa, North Dakota, and South Dakota.
These additions, combined with Flutterwave’s existing partnerships and licenses, now empower the company to serve customers seamlessly across 29 states in the U.S.
Money transfer licenses, issued by state regulators, play a pivotal role in enabling financial technology companies like Flutterwave to engage in the transmission of money.
The acquisition of these licenses fortifies Flutterwave’s commitment to regulatory compliance, safety, and the soundness of its services.
Stephen Cheng, Executive Vice President, Global Expansion and Partnerships at Flutterwave, emphasized the significance of this milestone.
“Getting these licenses expands our regulatory footprint, demonstrates our ability to deliver services with safety and soundness, and fosters trust among regulators, partners, and customers,” stated Cheng.
“We’re growing and are committed to servicing customer needs in as many geographies as possible, particularly with a significant African diaspora.”
Flutterwave’s popular solutions, such as the Send App, are set to benefit greatly from this expansion.
The Send App facilitates easy and secure money transfers between the U.S. and Africa, catering to both individual users and enterprises that rely on Flutterwave for global last-mile payouts.
“Sending money between the U.S. and Africa has been challenging for the African diaspora. These licenses pave the way for Flutterwave to make the Send App available to the African diaspora in the U.S., offering a super user-friendly money remittance experience,” explained Olugbenga Agboola, Founder and CEO at Flutterwave.
“Our mission is to connect Africa to the world and the world to Africa by simplifying payments for endless possibilities. These licenses move us one step closer to our vision, and we will continue to expand this feat to ensure coverage for all states in the U.S. and beyond.”
Flutterwave remains steadfast in its commitment to providing accessible remittance services across the U.S. and has outlined plans for further expansion of licensing coverage in the near future.
This ambitious endeavor reflects the company’s dedication to fostering financial inclusion and creating a seamless financial bridge between continents.
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