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Canon showcases cutting edge technology at CABSAT 2018

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By peter oluka

Canon showcased its latest industry-leading innovations at CABSAT 2018, the leading broadcast, satellite and creative media event in the Middle East and Africa region.

The leader in imaging solutions also provided visitors with the opportunity to experience its full range of security solutions, Pro Video portfolio and professional imaging products first-hand at dedicated shooting areas and end to end workflow scenarios.

At the three-day event, Canon unveiled the latest additions to its Pro-Video segment with the launch of its 4K XF Series cameras, XF405 and XF400, which is in addition to the recent launch of the EOS C200, the 4K compact digital cinema camera from the esteemed Cinema EOS range. Under the XA series, XA-11 and XA-15 mark their entry into the region along with the low light network camera with remarkable performance, the ME20F-SHN.

The company also presented evolved and seamless workflow solutions that enable more efficient and cost-effective production for broadcasters and filmmakers.

Speaking about the event Roman Troedthandl, managing director – Canon Central and North Africa (CCNA) said, “Canon’s presence in CABSAT, which is considered to be one of the most important events in broadcast and media technology regionally and globally; is integral to showcasing our commitment towards playing a vital role in the cinema industry. Celebrating the incredible potential of filmmakers in Africa, Canon is set on clearing any hardships they may face enroute, through offering all the necessary technical and technological support they require, and this year we are going even further and extending our participation towards supporting young and aspiring filmmakers.”

“We also understand that there is an increasing integration of 4K into mainstream television dramas, documentaries and movies, and we are committed to continually evolving to meet the fluctuating needs of broadcasters and filmmakers with the latest additions to our innovative Cinema EOS series. As well as consistently strengthening and enhancing our partnerships with Tier 1 partners in markets like Nigeria, Morocco, West Africa and Egypt while hand in hand expanding our presence through an extended network of Tier 2 partners in Egypt, Nigeria and Morocco,” Troedthandl added.

Designed to benefit broadcasters and filmmakers alike, The EOS C200 is the first Cinema EOS camera to feature the revolutionary Cinema RAW light format which provides the same flexibility in colour grading as Cinema RAW in a smaller file size, enabling filmmakers to record internally to a CFast 2.0™ card.

Canon Team at the conference

Delivering incredible low-light performance and perfect for critical surveillance operations, the ME20F-SHN produces full colour and Full HD resolution images in limited light scenarios and packs in network capability and built-in video analytics into a lightweight and compact body. These innovations also support the convenience of seamless network integration with the ability to fit directly into existing workflows.

In addition to showcasing its full range of 4K, Full HD and HDR products, Canon also provided broadcast and cinematography professionals with a variety of end to end workflow scenarios including shooting experiences as well as review and editing processes. The ecosystem of videography was brought to life via a touch and try product section, dedicated shooting areas of Maasai Mara and a bakery area, a security zone and a chroma key area. Canon had also teamed up with the global leader in manual and robotic camera support systems, Vinten, to demonstrate the versatility of the ME200 and C200.

“Canon is set on becoming even more than a technical partner to customers in the African continent. We understand that the region is flourishing and becoming one of the rapidly growing media markets in the world; thus, we will continue expanding our footprint in the market via encouraging young talents and catering to their technical as well as support-related needs.” Said Somesh Adukia, sales & marketing director B2C – Canon Central and North Africa (CCNA). “We are very excited to be hosting a specific panel discussion during CABSAT that tackles the future of the filmmaking industry in Africa, as well as reviving our support to the youth by engaging them in a Canon Filmmaking Challenge; one of many initiatives which have been set to further support the filmmaking ecosystem in the region” He added.

Bringing the event to a successful closure, Canon awarded the shortlisted filmmakers for their efforts in bringing their stories to life. The announcement was made during the panel discussion which covered the future of the filmmaking industry in Africa alongside 3 prominent actors Injy El Mokkadem from Egypt, Omar Lotfi from Morocco and TY Bello from Nigeria.

Where the first-place winner, (Youness Hamiddine) from Morocco was awarded a (5D Mark 4) Canon camera. The second place winner (May El Hossamy) from Egypt and the third place winner (Ifeoma Nkiruka Chukwuogo) from Nigeria have both also received a (6D Mark 2) Canon camera.


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Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University. Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

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NIMC Disowns Fake NIN Portal

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National Identity Management Commission (NIMC) has warned Nigerians to disregard a viral online flyer claiming that a free portal has been opened for the correction of National Identification Number (NIN) data.

NIMC Disowns Fake NIN Portal

In a statement posted on its official X (formerly Twitter) handle, the commission described the flyer as fake and cautioned the public against using any links associated with it.

“The public is hereby advised not to use the above for modifying their NIN data. All modifications should only be done via the official channel,” NIMC stated, directing users to its authorised self-service portal.

The misleading flyer, which has circulated widely on social media, carries the logos of NIMC and the federal government, falsely claiming that authorities had launched a special correction portal in response to a “high level of complain.”

It lists services such as name, gender, and date of birth corrections, and provides links redirecting users to a suspicious “gvly.xyz” domain—an address the commission says is not affiliated with any government platform.

NIMC noted that the flyer has since been marked “FAKE” in red, indicating it is being recirculated as part of efforts to debunk the misinformation.

The Commission reiterated that all NIN data modifications can only be carried out through its official self-service platform, urging Nigerians to remain vigilant and avoid falling victim to online scams.


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Moniepoint Acquires Orda Africa to Transform Africa’s $50Bn Restaurant Sector

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Moniepoint Inc. (“Moniepoint” or the “Company”), Africa’s all-in-one financial ecosystem platform for individuals, businesses and their customers, today announced the acquisition of Orda Africa (“Orda”), a leading cloud-based restaurant management platform operating in Nigeria.

Moniepoint Acquires Orda Africa to Transform Africa's $50bn Restaurant Sector

Moniepoint

Under the terms of this acquisition, Orda will become part of the Moniebook platform, Moniepoint’s all-in-one Point-of-Sale (POS) and business management platform. Since launching its business management tools product in 2025, Moniebook has rapidly become the go-to platform for thousands of African businesses seeking integrated financial and operational tools, seamlessly unifying payments and bookkeeping in one platform.

With Orda, restaurant owners can now gain access to this proven ecosystem that creates unprecedented opportunities to scale operations, optimize performance, and access credit, as well as the extensive reach of Moniepoint which has powered growth for millions of African businesses.

The acquisition comes as Africa’s food service industry experiences unprecedented growth, with the sector valued at $50 billion and Nigeria’s market alone projected to reach $19.31 billion by 2030, growing at 11.73% annually. With Orda’s restaurant-focused capabilities now part of the Moniepoint ecosystem, the platform is well-positioned to capture this opportunity.

Founded in 2015 by Tosin Eniolorunda and Felix Ike, today Moniepoint has grown into one of Nigeria’s leading distributors of financial services as well as a trusted platform for many of the country’s MSMEs especially in the informal sector.

The company has considerably expanded its offerings to include digital payments, business and personal banking, credit, cross-border payments, and business management tools with a customer base exceeding 20 million active businesses and personal banking customers and processes over US$250 billion in digital payments transaction value annually.

Tosin Eniolorunda, Co-Founder and Group CEO of Moniepoint Inc., said: “The food industry isn’t just about feeding people, it’s a major source of jobs and daily survival for many Africans. It highlights how vital the informal sector is, not just for the economy, but for everyday life across the continent.

Data has shown us that Africa’s restaurant sector is one of the continent’s most dynamic economic engines, yet the majority of food businesses still operate with manual processes and fragmented tools. By bringing Orda into Moniepoint, we are giving restaurant owners what they deserve: one simple platform that handles everything from managing their kitchen to growing their business. Our goal remains to create financial happiness for Africans, giving them the tools to reach their full potential and that’s exactly what we’ve built here.”

Founded in 2020, Orda was built to give Africa’s small and independent restaurants the tools they need to run more efficiently, providing a purpose-built software to businesses that had long operated without it.

Guy Futi, CEO of Orda, reassured existing customers: “Orda has found the perfect home in Moniepoint. We have spent years building deep expertise in restaurant operations, but we have always known that to truly transform the industry, we needed to connect that expertise with comprehensive financial infrastructure.

“That’s exactly what this integration delivers. For our customers, we are assuring a smooth transition with no disruption to the platform and retained access to the support you are used to. What changes is your access to opportunities.

“Over the coming weeks, being part of Moniepoint means you’ll have more tools, more reach, and more ways to grow your business than ever before”

Combining their respective strengths, Moniepoint and Orda deliver a purpose-built solution that empowers food businesses at every scale to manage orders, track inventory, pay suppliers, and access working capital, all in one seamless experience.

This move represents a demonstrated commitment to building a dedicated financial infrastructure designed around the unique complexity of Africa’s food economy.

For the millions of food entrepreneurs across the continent, from the everyday buka owner to the high-end restaurateur, this acquisition means less time managing multiple tools or carrying out arduous manual work and more time doing what they do best – feeding Africa.


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Tech Firms Sack over 45,000 so Far in 2026

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More than 45,000 jobs have been cut across the global technology sector in the first few months of 2026, according to data from RationalFX, signalling that the industry is still adjusting after a period of aggressive hiring rather than returning to a full growth phase.

Tech Firms Sack over 45,000 so Far in 2026

“In 2025, automation, artificial intelligence, and sustained cost-discipline measures drove much of the downsizing, with entire departments restructured or eliminated in favour of leaner, AI-assisted workflows. This trend has continued full steam into 2026,” said Alan Cohen, analyst at RationalFX.

According to the report, if the current rate of redundancies is sustained, total layoffs in 2026 could surpass the 245,000 recorded in 2025.

The majority of these layoffs have been concentrated in the United States, with major companies continuing to trim their workforce despite stable core operations.

Amazon has announced approximately 16,000 job cuts this year, while Block has also reduced thousands of roles as it tightens operations and shifts focus towards artificial intelligence.

There are indications that further reductions may follow.

Meta is reportedly considering additional layoffs as it increases investment in AI infrastructure, while PayPal and Klarna are reassessing spending and hiring strategies amid ongoing uncertainty.

Established technology firms are also undergoing restructuring. Dell has reduced its workforce by around 11,000 over the past year as part of a broader reorganisation, while Salesforce has cut approximately 1,000 roles in 2026 while aligning its teams more closely with AI-driven products.

Outside the United States, layoffs have been smaller in scale but more geographically dispersed.

Australia has reported around 2,650 job cuts so far this year, followed by Sweden with roughly 1,923 and Netherlands with about 1,700.

Other markets have also been affected. Israel and India have recorded approximately 1,539 and 1,520 layoffs respectively, with Israel’s startup ecosystem particularly sensitive to tighter funding conditions, while in India, both startups and larger IT firms have reduced headcount as global client spending slows.

In Singapore, around 1,016 layoffs have been reported, reflecting a softer hiring environment across Asia’s major technology hubs, where companies are adopting a more cautious approach amid uneven demand.

Across Europe, job cuts have been comparatively limited but still noticeable.

The United Kingdom has recorded around 1,000 layoffs, while Czech Republic and Germany have seen smaller reductions.

The broader trend suggests that technology companies are shifting towards leaner operations and more defined priorities following years of expansion. Increasing investment in automation and artificial intelligence is also reshaping the types of roles in demand.

For employees, the impact is becoming increasingly visible, with hiring slowing and becoming more selective. While opportunities remain, companies are taking a more measured approach to recruitment compared to the rapid expansion seen in previous years.

 

Further credit… .storyboard18.com

 


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