By Oystein Bergmann, Bureau Chief, Scandinavia Nokia’s research arm, Nokia Bell Labs, a global technology group, e&, announced today that they have signed a year-long, non-binding memorandum of understanding (MoU) for R&D collaboration to create AI-based use cases for strategic industrial sectors. The goal is to develop responsible AI solutions...

By Darren Incorvaia  An academic partnership to improve diversity in clinical trials has drafted its first industry team members. Amgen and Merck will help Equitable Breakthroughs in Medicine Development (EQBMED) enroll patients in local clinical trials as part of the partnership’s pilot programme. "Partnering with industry leaders Amgen and Merck...

By Oystein Bergmann, Bureau Chief, Scandinavia Nokia announced a strategic partnership with Zain Iraq to upgrade its telecom operator network in the south of Iraq. The three-year deal marks Nokia's first entry into the microwave (MW) business with Zain Iraq, enhancing network capacity and modernizing the infrastructure to support future...

GE Vernova’s Financial Services business and Lizard Renewables, a renewable energy company based in Italy, have announced the creation of Alva Power, a 50-50 joint venture. The aim of Alva Power is to support Italy's electrification and decarbonisation goals by funding the development of renewable energy projects. Initially, the joint...

By Cyber Era NG Special Correspondent Safaricom and Mastercard have signed a partnership to accelerate the adoption of payment acceptance and cross-border remittance services in Kenya. This collaboration is set to benefit over 636,000 merchants using M-PESA, Safaricom’s leading mobile money service. Kenya’s payment acceptance market continues to grow, with...

By Oystein Bergmann, Bureau Chief, Scandinavia Nokia today announced a strategic partnership with iSAT Africa to enhance rural connectivity in Liberia, aiming to bridge the digital divide and bring reliable, affordable network access to underserved communities. This deployment will span over three years and cover approximately 200 sites across rural...

By Jelena Pajic The European Bank for Reconstruction and Development (EBRD) is stepping up its support for micro, small and medium-sized enterprises (MSMEs) in Montenegro through a long-term partnership with micro-credit institution Alter Modus. The Bank has agreed to provide funding to Alter Modus for three projects, for a total...

By Nigina Mirbabaev The European Bank for Reconstruction and Development (EBRD) has invested €23 million (US$25.5million) in the inaugural international bond issued by Lithuania’s Šiaulių Bankas. This investment is part of a €300 million issue listed on the Euronext Dublin stock exchange and builds on a long-standing partnership between the...

By Rezo Bitsadze The European Bank for Reconstruction and Development (EBRD) has relaunched its Risk-Sharing Facility (RSF) in Azerbaijan by partnering with AccessBank to share risk in loans provided to local small and medium-sized enterprises (SMEs). Under the RSF agreement, the EBRD and AccessBank will each provide up to €15...

By Kingsley I. Ilechukwu, Bureau Chief, South West, Nigeria At the Hyperscalers Convergence Africa Conference held yesterday at the Federal Palace Hotel, Lagos, south west, Nigeria, leading experts in technology and infrastructure development convened to discuss regulatory frameworks for fostering digital infrastructure in Africa. Among the distinguished panelists were the...