Connect with us

Business

Chamber of Mines of Mozambique to Promote Graphite Market Prospects as Critical Mineral Africa (CMA) Partner

Published

on

Chamber of Mines

Energy Capital & Power partners with the Chamber of Mines of Mozambique to promote opportunities within the country’s market for energy transition metals during this year’s Critical Mineral Africa Summit

CAPE TOWN, South Africa, July 31, 2024/APO Group/ — 

Mozambique’s government approved the creation of a state-owned mining company to exploit the country’s critical minerals, including graphite, of which it is the world’s third-largest producer. Despite its significant reserves, Mozambique currently only utilizes one third of its graphite resources and mining capacity. The new company ­– Mozambique Mining Exploration Company (http://apo-opa.co/3Ae6vdb) – aims to increase production and development across the country’s critical mineral sector.

To promote Mozambique’s critical mineral prospects, the Chamber of Mines of Mozambique has joined this year’s Critical Mineral Africa (CMA) Summit (http://apo-opa.co/3WK7wCK) as a strategic partner. Geert Klok, Chairman of the Chamber of Mines of Mozambique, will engage in high-level panel discussions and exclusive networking sessions to showcase the latest developments and lucrative opportunities for global investors in Mozambique’s critical mineral sector.

Cooperation between private and public sector entities with global stakeholders is crucial to unlock the capital and technologies required for continued market growth

The Critical Minerals Africa 2024 Summit on November 6 – 7 serves to position Africa as the primary investment destination for critical minerals. The event is held alongside the African Energy Week: Invest in African Energy 2024 conference on November 4 – 8, offering delegates access to the full scope of energy, mining and finance leaders in Cape Town. Sponsors, exhibitors and delegates can learn more by contacting sales@energycapitalpower.com

“Mozambique’s burgeoning critical mineral sector represents an opportunity for the country to enhance job creation, economic growth, and contribute to the global fourth industrial revolution. Cooperation between private and public sector entities with global stakeholders is crucial to unlock the capital and technologies required for continued market growth,” states Rachelle Kasongo, CMA Conference Director.

To maximize mining sector’s contribution to GDP growth, Mozambique – through private and public sector mining entities such as the Chamber of Mines of Mozambique ­– is optimizing cooperation with global mining sector stakeholders. The country is conducting a series of graphite exploration activities in the Cabo Delgado province with Australian mining firm Triton Minerals and Chinese miner Shandong Yulong Gold. Mozambique is also working with UK mining firm Tirupati Graphite on graphite exploration and production at the 119.6 million tons Montepuez Mine in Cabo Delgrado. The country is home to the world’s largest graphite mine – the Balama Graphite Project (http://apo-opa.co/3Ae6xlj) – producing 350,000 tons per year to supply global electric vehicles technology firms such as Tesla and South Korea’s Posco Future M. Chinese miner DH Mining. The mine will start the production and processing of the over 5 million tons of graphite resources in Nipepe (http://apo-opa.co/3Ae6yWp) district in the Mozambican provinces of Niassa in December 2024, with over $90 million invested in infrastructure to date.

As the official representative of Mozambique’s mining sector, the Chamber of Mines of Mozambique will provide insights into the current state and future prospects of the country’s graphite sector at the CMA summit.

Distributed by APO Group on behalf of African Energy Chamber.

Business

OPPO Elevates ColorOS 15 with Microsoft’s Advanced AI Productivity Features

Published

on

SHENZHEN, CHINA – Media OutReach Newswire – 21 November 2024 -OPPO has strengthened its cooperation with Microsoft to deliver advanced AI productivity features to ColorOS 15, OPPO’s next-generation smart device experience.a

“To deliver advanced AI experiences, we are incredibly proud to partner with Microsoft, a pioneer in the field. At the cutting edge of global AI development, Microsoft lays a strong foundation for ColorOS 15’s language features. These save OPPO users time and headspace, ensuring meaningful, advanced AI productivity tools are always just a tap away”.—Nicole Zhang, General Manager of AI Product at OPPO
 
ColorOS 15’s AI Speak uses Microsoft’s advanced AI productivity features, reading web pages aloud so users can consume content hands-free while reducing their screen time. These ultra-intelligent models also power OPPO Documents’ translation features and the Voice Translate application, breaking down language barriers in seconds.

Microsoft’s AI capabilities enhance ColorOS 15 with practical, time-saving features, including accurate audio transcription within the new Recorder and Notes apps, boosting organisation and delivering time-saving benefits.

ColorOS 15, featuring Microsoft’s advanced AI capabilities, will debut at the global launch of OPPO’s upcoming Find X8 Series.
 



 

Continue Reading

Business

Yellow Card Secures Crypto Asset Service Provider Licence in South Africa

Published

on

Stablecoin adoption is surging throughout Africa, with sub-Saharan Africa having the highest adoption rate in the world at 9.2%

JOHANNESBURG, South Africa, November 20, 2024/APO Group/ — 

Yellow Card (www.YellowCard.io), Africa’s leading stablecoin-based infrastructure provider, has been issued a Crypto Asset Service Provider (CASP) licence by the Financial Sector Conduct Authority (FSCA) in South Africa.  

Commenting on the FSCA’s decision to issue the licence to Yellow Card Financial South Africa, Chris Maurice, Yellow Card’s co-founder and CEO, said, “The CASP licence underscores Yellow Card’s commitment to its customers in South Africa and regulatory compliance across the continent.This achievement reflects our dedication to providing secure, compliant and transformative solutions for our customers both in South Africa and across Africa.  

The CASP licence underscores Yellow Card’s commitment to its customers in South Africa and regulatory compliance across the continent

Stablecoin adoption is surging throughout Africa, with sub-Saharan Africa having the highest adoption rate in the world at 9.2%. In South Africa alone, where the number of total users of crypto assets is estimated to amount to 5.8 million people, stablecoins have experienced growth of 50% month over month since October 2023, displacing bitcoin as the country’s most popular cryptocurrency.  Yellow Card is excited to play a pivotal role in this financial revolution in South Africa. 

Yellow Card, which launched in South Africa in 2020, has facilitated over US$3 billion in transactions in the last several years and now operates in 20 countries across the continent. The company recently completed a US$33 million Series C financing, led by Blockchain Capital and existing investors, including Polychain Capital, Valar Ventures, Third Prime Ventures, Coinbase Ventures, and Block, Inc. (Square/Cash App), reflecting strong investor confidence in its mission.   

As the stablecoin landscape continues to evolve, Yellow Card is committed to leading the charge in making digital assets accessible and secure for businesses across Africa. With the recent licensing and funding, the company plans to expand its B2B offerings by enhancing its stablecoin rails, upgrading infrastructure, and advancing its B2B API and Widget. These efforts will empower businesses with seamless solutions for liquidity management and their general operations. 

To learn more about Yellow Card, visit: https://YellowCard.io/

Distributed by APO Group on behalf of Yellow Card Financial.

Continue Reading

Business

Telecoming and MTN Partner to Launch cloud gaming in South Africa

Published

on

MTN Cloudplay will allow MTN users in South Africa to access a wide range of cloud-based video games, providing a high-quality gaming experience without the need for downloads or high-end gaming consoles

JOHANNESBURG, South Africa, November 20, 2024/APO Group/ —

  • Both companies extend their collaboration to introduce cloud gaming in South Africa.
  • MTN Cloudplay aims to revolutionize digital entertainment with affordable, high-quality gaming access.

MTN, Africa’s leading telecommunications operator with over 290 million subscribers across the continent, announces the launch of Cloudplay, a revolutionary new cloud gaming service, with Telecoming (www.Telecoming.com), a sportech company specializing in developing and distributing mobile experiences for sports and entertainment. This project marks a new milestone in the ongoing collaboration between the two companies.

MTN Cloudplay: A Game Changer

MTN Cloudplay will allow MTN users in South Africa to access a wide range of cloud-based video games, providing a high-quality gaming experience without the need for downloads or high-end gaming consoles. The service will allow customers to stream high-end PC games to their mobile phones, enabling them to play anywhere, anytime.

This service seeks to democratize access to high-quality mobile gaming for the whole family; including various genres which include retro games and exciting popular gaming titles with multi-device gameplay, at an affordable price of only R79 per month.

Jason Probert, General Manager for Digital Services at MTN South Africa shared his thoughts on the collaboration:

Customers can use their existing Steam licenses on the service, and have access to more than 300 games on the service for only R79 per month

“We’re thrilled to launch MTN Cloudplay in South Africa. We’re committed to enabling our customers to enjoy the benefits of a modern connected life and the advent of 5G means that it is now possible to stream and play games without the need for a PC or console. Customers can use their existing Steam licenses on the service, and have access to more than 300 games on the service for only R79 per month.”

Alí Karaosman, MEA Director of Telecoming says “It is very exciting for us to extend our collaboration with MTN, bringing our nearly decade-long experience in this market and supporting the operator in this innovative digital entertainment offering, we are convinced that MTN Cloudplay will revolutionize the way users in South Africa enjoy video games. For Telecoming, this partnership with MTN is a strategic step in our mission to bring esports and innovative digital services to Africa. We are committed to continuing to develop technological solutions that enhance digital leisure for people in the region.”

Service Details

MTN Cloudplay is available to all MTN users in South Africa since November 2024. With a vast library of over 340 games from over 50 publishers, this cloud gaming service offers an unmatched gaming experience on any device.

MTN Cloudplay is accessible to MTN subscribers. Users can visit https://Cloudplay.MTN.co.za to explore the platform and enjoy a wide selection of gaming titles.

Highlights

  • Extensive Game Library: Enjoy classics like Contra, PacMan and Mortal Kombat and modern hits like Hogwarts Legacy and Borderlands 3.
  • Bring Your Own License (BYOL): Access games you’ve purchased on Steam, such as Grand Theft Auto V and Fallout 4.
  • Multi-Device Access: Play on any device and switch seamlessly between them.
  • Low Latency: Experience responsive gameplay with minimal lag.
  • Subscription: Available directly on https://Cloudplay.MTN.co.za or via the MTN Play https://Play.MTN.co.za website for R79 per month.

Distributed by APO Group on behalf of Telecoming.

Continue Reading

Trending

Exit mobile version