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Huawei Tech Summit 2021: Making Technology the New Driving Force for the Post-Epidemic Era : TechMoran
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Top Mining Company Exxaro Achieves Efficient Productivity Through Connectivity
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African markets are in some respects skipping over the fossil fuel age altogether. Till very recently, the first thing that hit you when landing in Nigeria was the sharp hit of diesel fumes in the air. The reason for this was because more than 30% of the country relied on diesel generators to fill the huge gap in electricity distribution. Inefficiencies like this have meant sub-Saharan Africa’s 910m people consume less electricity each year than the 4.8m people of the US state of Alabama. This is why green and sustainable electricity like solar power will be hugely welcome and help the region leapfrog over legacy energy pathways – directly to solar.
Huawei OceanStor Dorado all-flash storage speeds transactions in the era of Bank 4.0
Australia’s top four banks have removed 2,150 ATM terminals and closed 175 bank branches since June 2020. In India, the local real-time payment system, United Payments Interface (UPI), saw an increase in spending by roughly 70 percent over the first seven months of 2020, while in the UK, the average daily transaction value processed by the Faster Payments service rose by more than 10 percent from the fourth quarter of 2019 to the end of March 2020. According to the 2020 McKinsey Global Payments Report, the COVID-19 pandemic accelerated a series of existing trends in consumer and business behaviors, significantly boosting the ongoing shift towards e-banking, digital and instant payments and bringing about half a decade’s worth of changes in just a few months.
Africa is open for solar
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