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Timbuktoo Africa Foundation establishes headquarters in Rwanda

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The Timbuktoo Africa Innovation Foundation, which was set up by African leaders during the World Economic Forum (WEF) in Switzerland in January, has settled for Rwanda as its headquarters.

The Foundation was launched as a bold partnership between the United Nations Development Program (UNDP), African governments, and the private sector.

The Timbuktoo Foundation which is fully promoted by the UNDP, aims to address critical gaps and work with African governments, investors, corporates, and universities, to support the African startup ecosystem.

In a statement issued by the UNDP, the innovation foundation will be hosted at the Kigali International Financial Center, Kigali, the capital of Rwanda.

“This is Africa’s moment. And we must stand up for the continent now. I am proud to lend my support to the foundation and its fund, which are most critical in setting the path of its early wins,” Natalie Jabangwe, the foundation’s Interim Executive Secretary, said in the statement.

Also confirming the move,
Rwandan Minister of ICT and Innovation, Paula Ingabire, said collaborative networks will be created across institutions.

“We welcome the establishment of Timbuktoo Africa Innovation Foundation, dedicated to fostering innovation and entrepreneurship across the continent.

“We invite African governments and partners to unite in our mission, creating a vibrant pan-African innovation ecosystem.

“Together, we will forge collaborative networks spanning universities, startups, and venture capital, driving sustainable growth and prosperity for all,” Ingabire said.

According to Ahunna Eziakonwa, the Assistant Secretary-General and Director of the UNDP’s Regional Bureau for Africa, the UNDP designed Timbuktoo as an offering for African youth to spark the startup revolution.

“The Timbuktoo initiative is already building university innovation pods in 13 African cities, including Kigali, as centers for research and development, offering young innovators space to transform their ideas into minimum viable products and profitable ventures, according to the UNDP,” she said.

“Timbuktoo is also establishing thematic hubs as centers of excellence across Africa to offer a world-class one-stop shop for ecosystem and venture-building support in technology areas.

“The UNDP is targeting more than 1,000 startups from across the continent as part of the initiative’s efforts to spark Africa’s startup revolution with an estimated investment of more than 1 billion U.S. dollars over the next 10 years,” Eziakonwa added.

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Cut to undersea cable causes internet disruptions across East, Southern Africa

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Internet services across East and Southern Africa have suffered outages following undersea submarine cable cuts on Sunday.

According to the Group CTIO at Liquid Intelligent Technologies, Ben Roberts, in a post on X on Monday, the faults have been reported in the Eastern Africa Submarine Cable System (EASSy) and the Seacom cables.

Though details of the fibre cut are still unclear, Roberts said three crucial submarine cables in the Red Sea, the Seacom, EIG, and AAE1, suffered cuts and remain unrepaired, leading to the widespread outage.

“We have experienced an outage on one of the undersea cables that deliver internet traffic in and out of the country,” Roberts said.

“We have since activated redundancy measures to minimise service interruption and keep you connected as we await the full restoration of the cable. You may, however, experience reduced internet speeds,” he added.

Four of the nine subsea cables that connect countries like South Africa to the rest of the world were reported as damaged due to incidents on either side of the continent.

In Kenya, this latest outage seems to have affected service providers like Safaricom, Airtel and Telkom Kenya. Safaricom said has since activated redundancy measures to minimise service interruption and keep users connected, according to reports.

Other East African countries affected by the cut are Tanzania, Burundi, Uganda, and Rwanda.

This is the second time Africa has experienced a major fibre cut this year. In March, a suspected underwater rock slid off the coast of Cote d’Ivoire resulting in several submarine cables being offline which affected over 13 West African countries with greater impacts felt in Nigeria, Ghana and Senegal.

The affected cables included Africa Coast to Europe (ACE),
SAT-3 – Submarine Atlantic 3/West Africa Submarine Cable, WACS – West Africa Cable System and MainOne.

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Oracle to increase research, development investments in Morocco

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Global IT vendor, Oracle, has announced plans to expand its research and development (R&D) capabilities in Morocco by growing its local workforce to 1,000 information technology (IT) professionals.

Safra Catz, CEO of Oracle, who made the announcement on Friday, said the investment in the North African country will accelerate the development of Oracle’s cutting-edge technologies that help solve customer challenges worldwide.

“Oracle’s R&D center in Casablanca has already played a critical role in creating technical breakthroughs, enhancing cybersecurity, and delivering impactful new AI capabilities,” said Catz.

“By expanding our R&D presence in Morocco, we can further tap its deep talent pool to accelerate development of solutions that help our global customers grow their businesses and win in their industries,” he added.

Ms. Ghita Mezzour, Morocco’s Minister of Digital Transition and Administration Reform who signed the Memorandum of Understanding (MoU) on behalf of the government, said:

“This ambitious project falls within the strategic and comprehensive Royal Vision of His Majesty King Mohammed VI who called on encouraging Moroccan youth innovation and creativity.

“At this cutting-edge center, young Moroccans will be at the forefront of designing and developing innovative solutions, covering the latest technologies such as artificial intelligence, big data, cloud computing and cybersecurity.

“These solutions will be deployed on a global scale, thus strengthening Morocco’s positioning as a regional digital hub.”

Oracle’s expansion follows the opening of its Morocco Development Center facility at Casanearshore Park in Casablanca, where researchers use Oracle’s cloud, AI, and machine learning technologies to tackle the most pressing challenges facing business, science, and the public sector.

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