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Mahindra Comviva Bags 2 Awards @ GTB Innovation Event

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Mahindra Comviva, the global leader in providing mobile financial and VAS solutions, today announced that it has won two major awards at the Global Telecom Business (GTB) Innovation Awards 2013.

The company has been awarded for EcoCash mobile payment services to Econet Zimbabwe, powered by its mobiquity® mobile money platform and Managed Music services to Airtel Africa for Hello Tunes.

The Awards were announced at Global Telecoms Business Innovation Summit 2013, held in London recently.

GTB Award recognizes innovation which has made a huge difference to the service providers and their consumers.

EcoCash was recognized for delivering financial and payment services to the Zimbabweans – the majority of whom are unbanked and thereby providing a mechanism of organized financial services to reach all segments of the society.

Mahindra Comviva’s mobiquity®mobile money platform provides EcoCash customers with multi-functional and secure account to receive salaries, initiate international and domestic remittances, buy airtime, pay utility bills and merchant payments.

Within 14 months of launch, EcoCash has amassed over 2 million customers and 7 million transactions per month. Currently, an approximate 70,000 customers enroll for the service every month.

With its Managed Music services, Mahindra Comviva assumes complete responsibility for managing Airtel’s ringback tones business in 9 countries, by meeting the entertainment needs of music loving people in Africa. By combining platform and end-to-end services management – from content sourcing to services marketing – Mahindra Comviva has succeeded in uplifting music revenues for Airtel Africa.

The Hello Tunes service, powered by Mahindra Comviva’s CRBT solution has witnessed multi-fold increase in subscriber base, revenue and content downloads in last two years.

Mahindra Comviva is one of the largest music aggregators in the African continent, having collaborated with over 70 partners, including local and international content providers/copyright bodies/ local artists and production houses in the region.

Mahindra Comviva is one of the largest music aggregators in the African continent, having collaborated with over 70 partners, including local and international content providers/copyright bodies/ local artists and production houses in the region.

Expressing delight at winning the award, Manoranjan Mohapatra, CEO, Mahindra Comviva said, “These awards are recognition of our leadership in the mobile financial and digital services in Africa. It is an honor to be appreciated for our continuous efforts to innovate and bring the best of digital life to consumers. We had envisioned this growth for mobile content and financial services long ago and are pleased to experience the realization of this augmented reality. Consumer demand and appetite for such services would only grow in the coming years.”

Mahindra Comviva’s mobiquity® is a highly robust, secure, scalable and feature rich mobile financial solutions platform that delivers a range of financial and payment services such as mobile money, branchless banking, mobile banking, mobile payments and point of sale solutions for proximity payments, supporting various handset bearers including Client App, QR codes, NFC, USSD and STK.

The solution has been deployed by over 60 service providers in 40 countries and serves over 500 million mobile users globally.

Mahindra Comviva manages an operator’s complete music and infotainment services portfolio, bringing together content technology platform, discovery, analytics and recommendation tools, storefront management and business & marketing expertise to drive growth and usage.


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E-Business

Report Shows Start-ups Fuel Innovations in Africa

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Bloomberg has released its second annual “25 African Startups to Watch” list, underscoring the growing influence of venture-backed innovation across the continent.

Published thursday, the list highlights companies building solutions in “environments where infrastructure or systems have failed to deliver.”

The featured start-ups build solutions to challenges such as accessing healthcare in Chad, moving goods in Kenya, securing loans in South Africa, and safeguarding borders in Nigeria.

Nigeria, South Africa and Kenya jointly lead with four companies each, reflecting the ongoing strength of Africa’s three most visible start-up ecosystems.

The 25 companies span 13 countries and sectors including healthcare, fintech, security, climate resilience, waste management, and transport.

Nigeria’s four startups are 10mg Health, Remedial Health, Sycamore and Terra Industries, covering areas from healthcare financing and pharmaceutical supply chain integrity to digital lending and defence technology.

South Africa’s contingent includes Omnisient, Amesect, AURA and Jem. Omnisient uses grocery purchase data and AI to extend credit to those outside traditional financial systems.

Kenya’s notable four include Zeraki, a school-data analytics platform partnering with Safaricom to reach secondary students across the country.

According to Bloomberg, a defining theme this year is the source of funding.

Nearly half of the total capital raised by these start-ups came from African investors, marking a shift from previous years when international capital predominantly drove early growth.

International backers such as 8VC, controlled by Palantir Technologies co-founder Joe Lonsdale, and Google continue to see value in investing in African companies, Bloomberg noted.

The report also highlights that start-ups across the continent almost doubled their debt fundraising in 2025, even as equity financing from venture capital firms declined.

Separately, the Start-up Ecosystem Report 2026 states that Kenya has overtaken Nigeria as Africa’s top startup investment destination, attracting $984 million in 2025.

Jennifer Zabasajja, Bloomberg Television’s chief Africa correspondent and anchor, highlighted the dual significance of the list, the variety of solutions being built and the growing role of African-sourced capital in backing them.

She noted that the list comes at a consequential moment, one shaped by global disruptions, from the conflict in Iran to sweeping cuts in US foreign healthcare assistance, that have made the case for African-owned capital more urgent than ever before.


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NDPC Raises Alarm: Fake News, Data Abuse Could Destroy Nigeria’s 2027 Elections

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Nigeria Data Protection Commission has warned that the growing misuse of personal data and digital platforms could undermine Nigeria’s democratic process ahead of the 2027 general elections.

NDPC Raises Alarm: Fake News, Data Abuse Could Destroy Nigeria’s 2027 Elections

NDPC

The warning was delivered during the 2026 Press Week organised by the FCT Council of the Nigeria Union of Journalists in Abuja.

Speaking at the event, Vincent Olatunji, national commissioner and chief executive officer,  NDPC, who was represented by Itunu Dosekun, head of Media Unit at the commission, said disinformation and unlawful exploitation of personal data posed serious threats to credible elections.

The event had the theme: “2027 Election: Defending Democracy in the Era of Disinformation.”

Dosekun said the struggle for credible elections was no longer confined to polling units, noting that digital platforms had become major channels for manipulated narratives, fake news, propaganda and AI-generated misinformation.

According to him, the rapid growth of social media platforms, messaging applications and data-driven political campaigns has created vulnerabilities capable of influencing voter perception and weakening public trust in democratic institutions.

He warned that the abuse of personal data for political profiling and psychological targeting had become one of the most dangerous threats facing democracies worldwide.

“The misuse of citizens’ personal information carries serious social implications, especially for vulnerable groups who may not fully understand how their data is harvested, processed and weaponised online,” he said.

Dosekun noted that coordinated disinformation campaigns could inflame ethnic tensions, spread fear and discourage civic participation, particularly among young Nigerians.

He described the Nigeria Data Protection Act, 2023, as a critical legal framework aimed at protecting citizens against unlawful data processing and digital exploitation.

According to him, the law gives Nigerians greater control over their personal information while placing obligations on organisations, institutions and political actors to handle data responsibly.

Dosekun also called for stronger collaboration among political parties, media organisations, technology firms, civil society groups and citizens to promote responsible digital behaviour ahead of the elections.

He stressed the role of journalists and media professionals in combating fake news, fact-checking information and safeguarding public discourse.

According to him, protecting personal data should not only be seen as a privacy issue but also as a democratic responsibility necessary for maintaining public confidence, national stability and electoral credibility.

Stakeholders at the event emphasised the need for improved digital literacy, stronger regulation and increased public awareness to prevent the abuse of digital platforms during future elections.


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Anthropic Raises $65 Bn to Expand AI Research, Innovation

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Anthropic, artificial Intelligence company, has said that  it has secured sixty-five billion dollars in a new funding round, raising the company’s valuation to about nine hundred and sixty-five billion dollars.

Anthropic Raises $ 65 Bn to Expand AI Research, Innovation

The development places the company ahead of its rival, OpenAI, maker of ChatGPT, which was valued at about eight hundred and fifty-two billion dollars earlier this year.

Anthropic, founded by former OpenAI employees and led by Dario Amodei, chief executive officer, has emerged as one of the leading firms in the global Artificial Intelligence industry.

The company is widely recognised for its advanced coding capabilities and generative AI models, particularly its AI assistant known as Claude.

Unlike some competitors focusing mainly on general consumers, Anthropic has concentrated on delivering AI solutions to enterprise and business clients.

The company also says it places strong emphasis on AI safety while expanding its products and services amid growing competition in the sector.

Krishna Rao, chief financial officer of Anthropic, said the new funding would support the company’s research efforts and help meet rising global demand for its AI technologies.

Reports indicate that the investment round attracted major Silicon Valley venture capital firms, including Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital.


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