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MITI Sphere Solutions Ignites Technological Renaissance at GITEX AFRICA 2024

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Amidst the electrifying atmosphere of GITEX AFRICA 2024 (https://GITEXAfrica.com), MITI Sphere Solutions Private Limited emerges as a beacon of innovation, propelling Africa into the forefront of the digital era.

With a fusion of visionary strategy and groundbreaking technology, MITI Sphere Solutions captivates audiences at GITEX AFRICA 2024, unveiling a breathtaking ensemble of transformative solutions set to redefine Africa’s technological landscape.

MITI Sphere Solutions’ dedication to accelerating development and enabling companies is at the core of its introduction. Every product, from workplace apps that maximize productivity to custom web solutions that give online businesses life, is painstakingly created to lead businesses to unmatched success. The innovative products from MITI Sphere Solutions complete these services:

Signulu: A beacon of collaboration, Signulu lit up the horizon with its global eSignature platform, offering a seamless path to contract management and fostering a culture of efficiency and connectivity. Signulu stands as a paragon of innovation in the digital signature realm, surpassing industry standards with its advanced features and intuitive interface. Visit Signulu (https://www.Signulu.com)
Attainica: Breaking barriers in talent acquisition, Attainica dazzled with its cloud-based ATS solution, revolutionizing recruitment processes and empowering HR professionals to unearth top talent effortlessly. With its cutting-edge features and unparalleled user experience, Attainica sets the benchmark for modern recruitment platforms. Visit Attainica (https://www.Attainica.com)
Utyla: Radiating with the brilliance of innovation, Utyla emerged as a guiding light in talent assessment with its cutting-edge interviewing platform, redefining the landscape of talent discovery. Through its advanced analytics and immersive user interface, Utyla offers a transformative approach to talent evaluation, setting new standards for the industry. Visit Utyla (https://www.Utyla.com)

Each product represents a pinnacle of innovation and a testament to MITI Sphere Solutions’ unwavering dedication to excellence.

As GITEX AFRICA 2024 draws to a close, MITI Sphere Solutions remains steadfast in its commitment to driving digital transformation and fostering economic growth across Africa. With a vision to harness the power of technology for the betterment of society, the company stands poised to lead Africa into a prosperous future fueled by innovation and collaboration.

“With innovation as our compass and excellence as our guiding principle, MITI Sphere Solutions is lighting the path towards a brighter tomorrow for Africa and beyond,” remarked Santosh Sagu, Director of MITI Sphere Solutions.

Distributed by APO Group on behalf of GITEX Africa.

Media Contact:
Santhosh Sagu, Director
santhosh.sagu@miti.us

Contact Information:
Santhosh Sagu, Director
MITI Sphere Solutions Private Limited
Hyderabad, Telangana
Email: santhosh.sagu@miti.us

Ramana Krosuri, Interim CEO
MITI Sphere Solutions Private Limited
Email: ramana@miti.us

About MITI Sphere Solutions Private Limited:
MITI Sphere Solutions Private Limited is a leading technology company dedicated to driving innovation and shaping the future of technology in Africa. With a focus on excellence and customer satisfaction, MITI Sphere Solutions offers a comprehensive range of services and products designed to empower businesses and drive digital transformation.

Syncthesis at Gitex Africa 2024

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For us all at SYNCTHESIS, we are thrilled to have participated as a collaborator in onboarding projects and companies at the just-concluded Gitex Africa 2024 (https://GITEXAfrica.com) in Marrakech, Morocco.

SYNCTHESIS (https://Syncthesis.com) is an agency Connecting Ideas and Creating Solutions.

Our involvement in this prestigious event has been a truly enriching experience, allowing us to engage with some of the brightest minds and most innovative projects in the industry.

Throughout the event, we had the opportunity to connect with various stakeholders, share our expertise, and contribute to discussions that are shaping the future of embodied projects across the continent. We are particularly proud of the synergies created and the collaborative spirit that was evident in every session and workshop.

Gitex Africa 2024 has provided a unique platform for us to showcase our commitment to advancing embodied technologies and sustainable practices. We have gained invaluable insights and forged new partnerships that we believe will drive significant progress in our field.

We would like to extend our heartfelt thanks to the organizers, our fellow collaborators, and all the participants who made this event a resounding success. Syncthesis (https://Syncthesis.com) is excited about the future and looks forward to continuing our work with such an inspiring community. Together, we can achieve great things and contribute to the development and success of embodied projects and companies in Africa and beyond.

Distributed by APO Group on behalf of GITEX Africa.

Ecobank Group launches 2024 Fintech Challenge with US$50,000 Prize

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The 2024 Ecobank Fintech Challenge has opened applications for early-stage and mature startups to partner with Ecobank (www.Ecobank.com) across its 35 African markets; This marks the 7th edition of the Fintech Challenge.

Ecobank , the pan-African financial services Group, officially opens call for applications to the 7th edition of its Fintech Challenge. This annual competition invites early-stage and mature fintech startups to partner with Ecobank, offering a grand prize of US$50,000 and a chance to scale their solutions across Ecobank’s extensive network spanning 35 African countries.

Despite the fintech eruption in the African continent, a McKinsey report [1] reveals that fintech start-ups in Africa are still facing several challenges such as reaching scale, navigating an uncertain regulatory environment, or managing scarcity of funding. The Ecobank Fintech Challenge provides a unique opportunity for Fintech Entrepreneurs to address these challenges by not only offering financial rewards but by also providing Ecobank’s expertise in diversified markets operations and the right solutions to scale across its pan-African footprint and international presence such as France.

“Building partnerships with fintechs is a catalyst for driving financial inclusion in Africa. At Ecobank, we prioritize fintechs in our Growth, Transformation, and Returns strategy “, said Jeremy Awori, Chief Executive Officer of Ecobank Group. “We have enhanced this new edition of the Ecobank Fintech Challenge to continue to provide fintech entrepreneurs with a premier platform to showcase groundbreaking solutions, while creating unparalleled opportunities for growth and expansion across 35 markets in Africa.”

Last year’s competition attracted 1,490 entries of real quality, which underscores the significance of this pan-African challenge. Successful applicants reaching the Grand Finale and Awards Ceremony in October 2024 will have the chance to join the highly coveted Ecobank Fintech Fellowship programme, with the overall winner receiving a cash prize of US$50,000.

Ecobank Fintech Fellows will gain access to numerous opportunities through collaboration with Ecobank and its partners, potentially including:

Multinational product rollout: an opportunity to integrate their solutions with Ecobank, opening doors to potential product launches within Ecobank’s expansive 35-country Pan-Africannetwork.
Service provider partnerships: Selected fintechs may become Pan-African service partners within the Bank’s ecosystem.
Access to Ecobank’s Pan-African Banking Sandbox: Fellows will receive exclusive access to Ecobank’s cutting-edge APIs, enabling them to test and develop their products for the Pan-African market.
Priority access to Ecobank’s Venture Capital partners for funding exploration.

Since inception, 60 fintech startups have been inducted into the Ecobank Fintech Fellowship.

The Ecobank Fintech Challenge is designed in partnership with international advisory firm, Konfidants, and is supported by various partners.

Applications for the 7th Ecobank Fintech Challenge are now open to fintechs and developers from across Africa, as well as global Africa-centered fintechs. Interested parties can find out more about the competition and submit their applications through the official website: EcobankFintechChallenge.com

The deadline for entries is 7 July 2024.

[1] Fintech in Africa: The end of the beginning | McKinsey (https://apo-opa.co/4ectW6e)

Distributed by APO Group on behalf of Ecobank Transnational Incorporated.

Media Contact: 
Christiane Bossom
Group Communications
Ecobank Transnational Incorporated
Email: groupcorporatecomms@ecobank.com
Tél.: +228 22 21 03 03
Web: www.Ecobank.com

About Ecobank Group (or ‘Ecobank Transnational Incorporated’ or ‘ETI’):
Ecobank Group is the leading private pan-African banking group with unrivalled African expertise. Present in 35 sub-Saharan African countries, as well as France, the UK, UAE and China, its unique pan-African platform provides a single gateway for payments, cash management, trade and investment. The Group employs over 14,000 people and offers Consumer, Commercial, Corporate and Investment Banking products, services and solutions across multiple channels, including digital, to over 32 million customers. For further information, please visit www.Ecobank.com.

Government proposes record 1 trillion billion budget for 2024/25

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The Ethiopian government has proposed a record budget of about one trillion birr for the 2024/25 fiscal year, a 25% increase over the previous year’s budget.
In a statement from the Prime Minister’s Office, it was announced that the Council of Ministers approved the approximately one trillion birr budget at their latest session. This would mark the first time Ethiopia’s national budget has reached the one trillion birr threshold.
The government previously allocated 801 billion birr for the 2023/24 fiscal year, which was roughly on par with the prior year’s budget.
The proposed increase in spending for the upcoming 2024/25 fiscal year represents a significant boost in the government’s resources and is intended to support continued economic development and social programs across the country.
However, some economists and financial analysts have expressed skepticism about the government’s ability to effectively utilize and account for such a large influx of funds. Questions remain about how the additional resources will be prioritized and what impact the expanded budget will have on Ethiopia’s fiscal sustainability in the long run.
The budget proposal will now be submitted to the parliament for review and approval before the start of the new fiscal year on July 1, 2024.