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Mainone starts undersea cable connectivity In Cote d’Ivoire

Izunna Okpala

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MainOne announced that its submarine cable is live and ready for service in Cote d’Ivoire. The initiative is the first commercial cable system in operation to introduce spectrum sharing technologies that will provide ability to expand the sharing of resources and reduce the cost of providing broadband services to the area.

The entrance of MainOne into the market in Cote d’Ivoire would promote the availability and accessibility of world-class infrastructure that meets market needs at any time. The infrastructure must ensure maximum uptime efficiency and reduced latency for its customers as the organization improves bandwidth capacity and retains direct links to various regional and international Internet exchanges including the Nigerian Internet Exchange (IXPN), Ghanaian Internet Exchange (GIX), London Internet Exchange (LINX) and Amsterdam Internet Exchange (AMSIX).

The network of the company will provide accessible and flexible broadband services in Cote d’Ivoire, along with secure and reliable solutions, offering support services to service providers. This will provide optimized Internet connectivity for business as well as point-to-point communication services for businesses and enterprises, riding on its submarine cable along West Africa to the rest of the world.

Likewise, MainOne also announced the availability of its Tier III-built Cote d’Ivoire Data Center facility to meet the shared service needs of corporate clients, public institutions and service providers, promoting their cost reduction and operational efficiency push. It will provide customers with rack spaces to conveniently collate their This infrastructure while gaining access to fully redundant electricity, cooling, carrier-grade protection, and shared fire prevention facilities. The facility would allow companies in Cote d’Ivoire to achieve substantial savings in deploying their technology infrastructure and carrier-neutral interconnection with multiple operators, providing them with value-added services and ensuring that they remain focused on their core business while MainOne manages their assets.

Speaking about the impact of MainOne’s Cote d’Iviore services, Kazeem Oladepo, MainOne’s Regional Executive, said, “We remain committed to providing infrastructure and connectivity services that support the region’s digitization journey and economic development. Our investment into Cote d’Ivoire will see MainOne contributing to the growth of the local economy, by serving enterprises and telecommunication providers with world-class connectivity solutions and data center expertise.”

MainOne’s submarine cable is the first private subsea cable to provide West Africa with open-access, broadband capacity in 2010, announcing the boom in the region’s observed Internet access. The MainOne network spans the West African coast with fully operational landing stations from Seixal in Portugal via Accra in Ghana to Lagos in Nigeria, adding new branches in Dakar, Senegal and Grand Bassam, Cote d’Ivoire and linking additional branching units in Morocco and Tenerife.

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US inauguration: How to watch the inauguration and parade

Izunna Okpala

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Mr. Biden and Ms. Harris will be sworn in as the President and Vice of the United States of America respectively. They will be along with their spouses, Jill Biden and Douglas Emhoff. They will conduct a review of the military and visit Arlington National Cemetery to lay a wreath at the Tomb of the Unknowns. They will be joined by three former presidents and their wives, who will also be present at the swearing-in: Barack and Michelle Obama, George W. and Laura Bush, and Bill and Hillary Clinton.

Watch the live coverage below:

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A conference on blockchain and health is scheduled to be held at the Africa Blockchain Developers Call.

Izunna Okpala

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The Africa Blockchain Developers Call (ABDC) Pan-African Bootcamp on blockchain technology has declared its intention to hold a weekend conference on incorporating blockchain technology into Africa’s health sector.

In an attempt to execute comprehensive blockchain training sessions and promote the implementation of specially designed applications for different sectors in Africa, the Bootcamp, officially launched on 5 September, has taken on a host of African developers.

The Bootcamp also features virtual weekend conferences on many use-cases for blockchain. These conferences are aimed at encouraging creative and comprehensive discussions on the implementation of blockchain technology in Africa, including platform presentations by businesses and panel sessions on many Blockchain issues. The first meeting, focusing on Blockchain in Finance, took place on September 5. It featured a keynote speech given by Professor Anicia Peters, University of Namibia Pro-Vice Chancellor for Science, Innovation and Development.

The next conference, scheduled to take place on October 3rd, will focus on the theme: Blockchain in Health. The keynote speech will be given by Arnab Paul, President of the Kolkata Chapter in India. Several organizations and startups will also give platform presentations via their representatives based on medical use cases for blockchain technology.

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HealthPlus is experiencing a power struggle 2 years after obtaining $18 m from Alta Semper Capital

Izunna Okpala

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A press release apparently released on September 25 by the Board of HealthPlus, one of the largest integrated pharmacy chains in West Africa, confirmed that the company no longer needed the services of its founder, Bukky George, as CEO.

The decision to terminate the appointment of George came with the announcement of Chidi Okoro, the interim leader.

Okoro, a renowned pharmacist and management executive, is to take on the position of Chief Officer of Transformation. Okoro, akin to the position of a CEO, can simplify day-to-day management, help the company scale, and achieve profitability.

And a letter that appears to be from the board of HealthPlus to the Pharmacists Council of Nigeria (PCN) states that George “remains a shareholder of the company, a member of the board of the company, and may engage at board level in the company’s decision-making process.”

Afsane Jetha and Zachary Fond, Managing Partner & CEO, and Director of Alta Semper Capital, respectively, have signed it off.

From investment and partnership to a fight for power

Alta Semper Capital LLP is a private equity (PE) company that invests in Africa-wide healthcare and consumer businesses. In 2017, the PE company invested in Macro Pharma, a medicated cosmetics company in Egypt.

It made deals with HealthPlus and the Moroccan oncology and radiology clinic, Oncologie et Radiologie du Maroc (ODM), the following year.

The letter from Alta Semper Capital to the PCN

Source Techpoint

The HealthPlus investment was $18 million.

HealthPlus, founded by George in 1999, has expanded to more than 90 retail outlets, employing over 850 employees, including more than 150 pharmacists. In Nigeria, the company claims to be present in 11 of the 36 states in the world.

Operating branches in strategically placed suburban areas, airports, and shopping malls are also recognized.

Alta Semper Capital ‘s investment was to help HealthPlus grow its store footprint. In addition, to attract more talent, grow fulfillment centers and pursue initiatives in eCommerce.

The cash inflow, however, is said to have given the PE firm a majority stake in the company, which is one of the reasons why the company is facing problems at the moment.

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