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Softcom Announces Day X, The Launch of Intuitive Solutions For Businesses

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SoftCom Day X - Investors King

Softcom has announced the launch of new intuitive solutions and initiatives the company has built to accelerate inclusion and growth for Africans which will be happening on Day X: July 29, 2021.

The company states that it has thoroughly examined the state of society and what sustainable growth looks like for people and businesses and has designed products and platforms focusing on unlocking the inherent potential that exists in every individual.

Day X will expose us to an ecosystem of tools that will empower business owners to sell better, sell more, identify people, control their money and make better decisions. Initiatives and platforms have also been designed with the entrepreneur to enable ambitious and early-stage businesses to position themselves for rapid growth.

Softcom also states that its crucial strategy is to make these human-centered solutions accessible to all entrepreneurs who are dreamers and those who have begun to take action. This ability to deliver value and innovation of active or passive entrepreneurs within any society will ultimately contribute to its people and businesses’ collective growth and advancement.

In his newly released letter to the public, Yomi Adedeji, CEO of Softcom X, wrote; ”Our ultimate goal is to create an open world with equitable access to intuitive solutions that address the most basic human needs and by doing so enable societal development, business growth and human prosperity.”

Day X will provide answers to questions entrepreneurs ask, no matter the size of their ambition and help them commence their journey of leveraging these human-centered tools to drive transformational growth for themselves and society at large.

Day X will take place virtually. To find out more about Softcom and register for Day X, visit here

About Softcom
Softcom is a 14-year-old company with experience in innovation, technology solutions for businesses and enabling access at scale.

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Telecom Operators Assure Full Service Restoration Following Undersea Cable Cut

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Telecommunications - Investors King

In the wake of disruptions caused by cuts in undersea fiber-optic cables along the coasts of Cote d’Ivoire and Senegal, telecom operators in Nigeria are committed to restoring voice and data services to their full capacity by Tuesday.

The Chairman of the Association of Licensed Telecommunications Operators of Nigeria (ALTON), Gbenga Adebayo, provided assurances in an interview.

Last Thursday’s incident, which affected major undersea cables supplying broadband Internet connectivity to Nigeria and other West African countries, prompted widespread disruptions across various sectors including banking, telecommunications, and financial services.

Notable affected cables include the West African Cable System and African Coast to Europe, along with SAT3 and MainOne, which reported downtimes due to the cable cuts.

Despite the challenges posed by the disruption, telecom operators swiftly mobilized alternative service providers over the weekend to mitigate the impact.

While some providers have already confirmed partial restoration of services, others are in the process of completing migration, leading to ongoing delays and congestion.

According to the Nigerian Communications Commission (NCC), services have been restored to approximately 90% of their peak utilization capacities.

Reuben Muoka, Director of Public Affairs at NCC, highlighted that operators have activated alternative connectivity to ensure optimal data and voice services operation pending full repairs of the undersea cables.

Adebayo expressed confidence in the restoration efforts, emphasizing the significant progress made to minimize disruptions.

He underscored the collaborative efforts among telecom operators and alternative service providers to navigate the challenges posed by the cable cuts.

The disruptions highlight the critical importance of undersea cables in maintaining seamless connectivity in today’s interconnected world.

Going forward, plans for global collaboration to enhance the protection of undersea cables and ensure their resilience are underway, spearheaded by the Minister of Communications and Digital Economy, Bosun Tijani.

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Minister Bosun Tijani Leads Global Effort to Safeguard Undersea Cables Amidst Disruptions

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Undersea-cable

Minister Bosun Tijani of Nigeria’s Ministry of Communications and Digital Economy has initiated a global collaboration.

The minister took to social media to announce plans aimed at enhancing the protection of undersea cables, emphasizing the critical role these cables play in the digital economy.

Tijani’s proactive stance comes in the wake of undersea cable cuts that have impacted countries across West Africa, including Ghana, Togo, and Senegal.

Recognizing the urgency of the situation, Tijani underscored the need to review international laws and forge partnerships with regional and global bodies to safeguard this essential infrastructure.

Acknowledging the disruption faced by affected nations, Tijani assured stakeholders that the Nigerian Communications Commission (NCC) is actively engaged in resolving the issues.

His initiative marks a significant step toward ensuring the resilience and reliability of undersea cables, which serve as lifelines in today’s interconnected world.

In light of the disruptions, various sectors, including banking, telecommunications, and financial services, have encountered operational challenges.

Sarafadeen Fasasi, President of the Association Of Mobile Money and Bank Agents In Nigeria, highlighted the significant impact on financial transactions and reconciliation processes, causing headaches for businesses and customers alike.

While the cause of the cable cuts remains under investigation, efforts to restore services are underway.

However, authorities in Ghana estimate that full service restoration may take up to five weeks.

Meanwhile, stakeholders are hopeful that Minister Tijani’s global collaboration will expedite solutions to safeguard undersea cables and mitigate future disruptions, ensuring uninterrupted connectivity essential for economic, academic, and social activities.

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MTN Nigeria Grapples with Network Disruptions from Overseas Cable Damage

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MTN Nigeria - Investors King

MTN Nigeria is currently contending with network disruptions stemming from damage to an overseas undersea cable, causing widespread inconvenience for its customers.

The telecommunication giant confirmed the issue in a statement, acknowledging the connectivity disruptions experienced by its subscribers.

Reports indicate that the glitch has affected both voice and data services, resulting in communication disruptions for millions of subscribers across the country.

Subscribers have expressed frustration on social media platforms over the prolonged network outage, with complaints ranging from failed call attempts to concerns about the failure to receive bank alerts.

MTN Nigeria assured its customers that it is actively working to resolve the issue and restore services as quickly as possible.

The telecom operator emphasized the critical importance of consistent internet and communication services, pledging to swiftly address the disruptions.

Efforts are underway to reroute traffic through alternative network paths and expedite the repair process for the damaged cables in collaboration with consortium partners.

Despite the challenges, MTN Nigeria remains committed to minimizing service interruptions and maintaining connectivity for its customers.

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