Vodafone Spain and mining player Geoalcali unveiled a plan to install a private 5G network in one of the latter’s facilities, infrastructure set to connect people and machinery in the most remote underground areas.
The mine is to be located in Navarra, Spain, with workers set to benefit from voice and data connectivity through smartphones, and access to push-to-talk systems in the most demanding locations.
Vodafone Spain indicated installing nodes “even in the deepest” parts of the site would significantly improve “communication and access to data in real time”.
The network includes private 4G and 5G access and will form part of a wider digitalisation project of the working environment in and around the mine. This includes video surveillance systems, Wi-Fi connectivity, digital twins and site monitoring with drones.
Vodafone Spain positioned the deployment as a “breakthrough in the mining sector”, adding it “opens the door to replicating this solution in other industries looking to take advantage of the benefits of private 5G connectivity”.
Mining has proved a popular area for private mobile network projects and deployments given the remote nature of the sites and need for reliable communication for worker safety applications within the often dangerous environment.
As the year 2025 unfolds, AT is excited to announce the next phase of its journey towards innovation and growth. The company’s commitment to providing valuable experiences is driven by the continued support and trust of its customers.
AT has outlined several initiatives aimed at enhancing customer experience and driving technological advancement. To better serve its customers, AT is expanding its footprint by opening additional customer service centers across the country.
This strategic expansion will make AT’s services more accessible, bringing the company closer to its customers, no matter where they are. In addition to this, AT will be introducing innovative products and services designed to keep customers at the forefront of a rapidly evolving digital landscape.
These advancements promise more seamless convenience and engagement, transforming how users connect with technology. Recognising the crucial role of small-scale businesses in the economy, AT is broadening its Business-to-Business services to support their growth.
Alongside existing offers, the company is developing tailored solutions to empower these enterprises, equipping them with the necessary tools to thrive in a competitive market. To ensure a seamless digital experience, AT is making substantial investments in its network infrastructure.
The goal is to provide faster and more reliable data and call networks, enabling customers to stay connected effortlessly, whether for professional pursuits, leisure, or keeping in touch with loved ones. AT’s mobile money service, ATMoney, is set to unveil new features designed to offer greater flexibility and enhanced benefits.
These forthcoming innovations will streamline financial management, making it more straightforward and rewarding, in line with the convenience and security customers have come to expect from the service. Through its corporate social responsibility initiative, AT Touching Lives, the company continues to support and raise awareness about Sickle Cell disease.
Over the past four years, AT has collaborated with esteemed institutions such as the National Blood Service of Ghana, the International Sickle Cell Centre Ghana (ISCC Ghana), and the 37 Pediatric Sickle Cell Clinic.
Efforts have included creating educational content, donating essential medical equipment, providing financial support, and organizing blood donation drives to contribute to the education, prevention, management, and eventual cure of Sickle Cell disease in Ghana and beyond. The company eagerly anticipates building more partnerships to magnify its impact in 2025.
AT remains focused on enhancing customer experience, delivering value, and staying at the forefront of innovation. The company expresses gratitude to its customers for their continued support and looks forward to a year of success, greater connection, and growth. AT, Life Is Simple.
As telecommunications operators continue to manage an expanding array of threats, here’s the EY analysis of the 10 biggest risks they face in 2025.
In brief
Trust and talent issues lead the sector risk landscape, as security threats escalate with responsible AI and digital skills also in focus.
Ineffective technology transformation and value chain disruption are new entries, reflecting changing internal and external pressures.
As we enter 2025, telcos must take a holistic, ecosystem-wide view of risks — and zero in on the role of people and tech in their transformation efforts.
The global telecoms industry’s comparatively strong share price performance in the past year suggests it has weathered recent challenges, such as the cost-of-living crisis, relatively well. However, the industry faces significant existing and emerging threats — and every telco needs to recognize and address these.
As in previous years, telcos’ risks can be broadly categorized into four types: compliance, operational, strategic and financial. But much has changed within this overarching framework over the past 12 months. For example, the industry’s risk profile has shifted toward the need to transform and drive greater internal efficiency and agility through actions focused both on the workforce and technology stack. At the same time, security challenges continue to evolve in new directions at pace.
Also on the rise are risks around disruptive competition from outside the sector, including from hyperscalers, along with looming threats on the horizon impacting the industry’s value chains. And while artificial intelligence (AI) presents clear opportunities for telcos, it also raises a number of threats that have knock-on effects on several of the specific risks in the top 10.
Risk 1: Underestimating changing imperatives in privacy, security and trust Generative AI (GenAI) is already having a positive impact among connectivity providers, notably in customer support functions. However, EY research finds that two-thirds of customers want better explanations about how AI is being used, while four in 10 employees (via ey.com US) are not confident that they know how to use AI responsibly. Added to this, security threats are evolving at pace: AI is making cyberattacks smarter while 57% of telcos are concerned about security attacks impacting physical assets at a time when sabotage affecting subsea internet cables is on the rise. Looking ahead, telcos’ trust credentials are under unprecedented pressure.
(Source: EY Decoding the Digital Home, October 2024)
Risk 2: Inadequate talent and skills and culture management The EY 2024 Telco of Tomorrow found that senior industry executives’ people priorities are headed by talent, skills and culture. And when asked to rank the inhibitors of transformation in their organizations, they put poor internal collaboration and missing skills second and third respectively, behind lack of budget. The sector’s relatively high degree of remote working — as highlighted by the EY Work Reimagined Survey — poses particular challenges to collaboration and upskilling. Meanwhile, 85% of telco employees believe HR functions will require major or moderate change over the next five years, underlining the transformation that is required to support better talent management.
Risk 3: Ineffective transformation through new technologies A range of emerging technologies will propel transformation of telcos in the future: The EY Telco of Tomorrow research shows that process automation and software-based networks are currently seen as the most important, but that AI is expected to dominate in years to come. Here there are strategic choices to make, from use case prioritization through to the selection of open source of proprietary large language models. Crucially, telcos also face important decisions on what performance measures to use. While confidence in AI’s transformative potential is high, the right KPIs will be vital in assessing the progress of transformation programs.
Risk 4: Poor management of the sustainability agenda Effective reporting of sustainability progress is essential for telcos. Yet according to the 2024 EY Climate Action Disclosure Barometer, the quality of climate disclosures by telcos and tech companies stands at just 55%, well below the 94% rating for disclosure coverage. And while climate change is likely to be a material risk for many companies in the sector, only 36% reference climate-related matters in their financial statements, typically via qualitative rather than quantitative references. Equally worrying, just 51% of telecoms and technology companies currently disclose their plans for transitioning to renewable energy sources.
Risk 5: Inability to take advantage of new business models Telcos are under pressure to seek new routes to revenue growth, given that recent subscription price hikes may not be sustainable. Emerging network-as-a-service business models are in focus, with 92% of telco CEOs viewing them as a critical growth driver in the future, while many operators are doubling down on network application programming interfaces – a market predicted to reach US$6.7b by 2028.1 However, realizing these ambitions will be made harder by telcos’ heavy reliance on intermediaries. Similarly, their ability to increase revenues from B2B customers may be hampered by factors like “co-opetition” and service delivery challenges.
Risk 6: Inadequate network reliability and resilience Despite ongoing infrastructure upgrades, EY research shows that more than one in four households often suffer from unreliable fixed broadband connectivity, with no improvement year-on-year. Mobile data reliability is in decline, both in perceived reliability and tested throughput levels, while more sophisticated 5G standalone (SA) networks offering better performance levels have been slow to materialize. Against this challenging backdrop, AI presents both opportunities and risks around network quality — helping operators manage their networks better, but also potentially squeezing capacity by increasing uplink traffic.
Risk 7: Ineffective engagement with external ecosystems Changing supplier ecosystems offer telcos new routes to growth and efficiency. The shift to open radio access networks (Open RAN) promises several positive impacts for operators, ranging from a greater choice of vendors to improved network capabilities. However, only 17% of telcos cite Open RAN as a critical element of their network strategy, with many first-phase deployments still relying on a single vendor. Partner ecosystems also require focus: the EY Reimagining Industry Futures Survey 2024 (pdf) finds that enterprise customers prefer service providers that provide capabilities through partners. Robust ecosystem relationships will be mission-critical for telcos going forward.
Risk 8: Failure to mitigate value chain disruption Telcos are expecting their competitive landscape to broaden and evolve over the coming years, signalling new challenges. While they currently regard other telcos and mobile virtual network operators (MVNOs) as being among their top three competitive threats, they expect hyperscale cloud providers to dominate the competitive landscape in five years’ time, with satellite companies also posing a growing challenge. As telcos face these shifting pressures, they’re lagging behind others in the ecosystem on R&D spending, potentially limiting their long-term ability to innovate. Industry research shows telcos spend only 1% of their revenue on R&D — well behind network equipment providers at 17%.3.
Risk 9: Inability to adapt to the changing regulatory and policy landscape The EY Telco of Tomorrow Survey finds that industry leaders expect to face a widening range of regulatory and policy issues, with a growing impact from emerging domains like AI regulation and digital markets. Further challenges include network supplier regulation, which is both in flux and inconsistent between countries. Alongside new areas of regulation, established regulatory domains are evolving in new ways. Spectrum sharing rules are being proposed and updated in various countries while regulations on pricing are expanding in scope, driven by consumer protection policies, with pricing controls even featuring as part of merger remedies.
Risk 10: Inadequate operating models to maximize value creation Asset-light strategies are continuing to gain ground, with operators in multiple regions carving out or spinning off tower, fiber and data center assets. EY research finds that 72% of telco CEOs believe that carve-outs and divestitures will increase in their region in the coming 12 months. Further out, 44% of telco leaders believe the industry will split into retail-focused “servcos” and wholesale-oriented “netcos” within the next five years. While asset-light M&A brings financial benefits, opportunities to reconfigure operating models are being overlooked: most executives believe that they should have done more with the remaining business during divestment than simply eliminate costs.
Actions for telecommunications operators to manage risk mitigation We believe three overarching actions can help operators mitigate the risks we’ve highlighted.
Identify emerging threats affecting the ecosystem As connectivity assumes an increasingly central role in digitization, telcos need to identify risks that are emerging outside their organization — whether in supply chains, the competitive landscape, or the policy and regulatory space. Identifying such risks requires ongoing proactive monitoring of the external environment. This is particularly true of the cybersecurity and policy areas, which are both evolving at pace.
Focus on the impacts of people and technology transformation Telcos’ transformation horizons are adapting to new possibilities unlocked by frontier technologies, adoption of which is also being accelerated by rising stakeholder demands for efficiency and sustainability. But alongside the need for new tech, the requirement for re-skilling and fresh talent has never been higher. All of this means the transition to new technologies should be accompanied by a clear organizational purpose, robust risk protection and effective governance to maintain business resilience as transformation programs progress.
Ensure end-to-end risk management: Telcos’ risk management approach should be holistic and programmatic, with a clear process for identifying, evaluating and managing risks across the organization. This involves executive risk owners working with cross-functional teams to track risks and assess their impacts, accompanied by regular reviews of risk containment plans and controls effectiveness. Above all, it’s vital to embed a risk culture throughout the business — one that can adapt and respond to changes in risks as they emerge and evolve.
Summary As telecoms operators embark on 2025, they’re confronted by a risk universe that blends internal threats centered on the imperative for operational and workforce transformation, with external threats springing from shifts in the competitive, technology and regulatory landscapes. The keys to successful risk mitigation in such an environment? A forward-looking risk perspective that considers threats across the enterprise and its entire ecosystem — supported by a risk-oriented culture that enables rapid and effective responses.
Source: Cedric Foray & Adrian Baschnonga (EY Global)
Telecel Ghana Foundation has launched the Telecel Digitech Academy at St. Cecilia RC School, Hodome in the Volta Region, to equip young students across Ghana with the essential digital skills required for the future. The Telecel Digitech Academy is a hands-on practical approach to Science, Technology, Engineering, and Mathematics (STEM) education with the aim to prepare the next generation of Ghanaians for the evolving global economy.
Speaking at the launch event, Augusta Andrews, Director of Legal and External Affairs at Telecel Ghana, emphasized the academy’s mission of empowering students, particularly young girls.
“The Telecel Digitech Academy is not just about providing technological tools, but empowering our youth to be creators, problem-solvers, and leaders. Our goal is to give as many students as possible the opportunity to succeed in the digital economy,” she stated. The academy places a strong focus on inclusivity, ensuring that 70% of participants are girls, addressing the gender gap in STEM education across the country.
The Telecel Digitech Academy, under the Foundation’s connected learning pillar, will focus on providing practical knowledge in robotics, programming, and website development, ensuring students are not only consumers of technology but creators and innovators. The initiative is also part of the Foundation’s broader commitment to bridging the digital divide and fostering future-ready skills for students in both urban and rural areas.
In support of the initiative, the Director of the National STEM Centre Mrs. Olivia Serwaa Opare, stressed on the importance of partnership and collaboration to achieve Ghana’s digital agenda. In a speech read on her behalf, she said, “programs like the Telecel Digitech Academy are shaping Ghana’s future. To truly empower our youth and prepare them for a competitive global market, we must ensure that they do not just use technology but understand and master it,” she added that digital literacy and STEM education are no longer optional but essential for the country’s growth.
David Asumadu, CEO of Asustem Robotics, one of the implementing partners in the program, highlighted the academy’s emphasis on practical application. “We are not just teaching students how to code or build robots. We are preparing them for the future of work, where technology will be at the core of everything,” he explained. The academy’s curriculum covers website development, scratch programming, Internet of Things (IoT), and robotics, providing students with the tools to innovate in various fields. He further encouraged students to embrace the skills they acquire, noting, “After this training, you’ll be able to develop websites, work on AI projects, and apply your knowledge in the real-world challenges.”
The Telecel Digitech Academy will run along the GES school term and is designed to supplement traditional classroom education with project-based learning.
The Minister of Communication, Innovation, and Digital Economy, Dr Bosun Tijani announced that the Federal Government has approved a 50% tariff hike for telecommunications companies to sustain and develop the industry. The new tariff is aimed at enabling telecom operators to invest in infrastructure and improve connectivity across the nation.
The minister made this statement at the maiden Robotics and Artificial Intelligence Nigeria (RAIN) Summit held on Saturday in Ibadan. The event, themed “The Rain of Transformation is Upon Us: CEOs Arise,” brought together industry leaders and stakeholders to discuss technological progress in Nigeria.
Addressing the audience, Tijani urged Nigerian youths to drive innovation, emphasising that the government’s role is to provide the infrastructure needed for progress.
He stated, “The biggest challenge for governments is individuals. As we invest in infrastructure to drive the progress of technology, we need innovators, entrepreneurs, and individuals to actually build the technologies.”
Tijani also praised Dr Olusola Ayoola, the founder of RAIN, for his contributions to Nigeria’s technological development.
“Without folks like him and the work they are doing in the ICT terrain, it will be difficult for Nigeria to develop technologically. Governments cannot build the progress we want. What governments can do is lay the foundation for that progress,” he added.
The minister highlighted the transformative potential of robotics and artificial intelligence (AI), noting their importance in shaping Nigeria’s future. “The productivity and prosperity that nations seek will come from the smart application of AI,” Tijani remarked.
He further expressed optimism about the work being done by RAIN, stating, “With what RAIN is building, we will start to see more direct applications coming from the innovation that young people are driving. Our role is to continue to support these efforts.”
Chief Aderemi Oseni, Special Guest and Chairman of the House Committee on the Federal Road Maintenance Agency, stressed the importance of identifying and developing technological capacities among youths. He argued that creating opportunities in technology could significantly reduce youth unemployment.
Former CEO of First Bank of Nigeria, Dr Adesola Adeduntan, echoed this sentiment, highlighting the transformative impacts of robotics and AI on business operations.
“Robotics and AI have revolutionised decision-making, improved efficiency, reduced operational costs, and delivered personalised services to customers,” he said.
Bayo Akande, Senior Special Assistant to the Oyo State Governor on ICT and e-Governance, highlighted the state’s technological strides. He noted that Oyo State had invested significantly in building robotics and AI hubs for educational purposes, ensuring an enabling environment for technological transformation.
Dr Olusola Ayoola, Convener and CEO of RAIN described the summit as a platform to unite young Nigerian entrepreneurs and innovators. He emphasised that Nigeria can leverage advanced technologies like AI and robotics to achieve prosperity if harnessed effectively.
“RAIN has a network in about 50 institutions across Nigeria, aimed at advancing tech development through AI and robotics. Policy direction should focus on making AI and robotics learning accessible to youths, supported by local experts as trainers,” Ayoola said.
The summit concluded with awards of excellence presented to the Minister of Communication, Innovation, and Digital Economy, Dr Bosun Tijani, and Justice Ruqayat Ayoola, the mother of RAIN’s CEO.
The Artificial Intelligence For Sustainable Development (AI4SD) Shecodes project has been launched at Kumasi Technical University (KsTU) to empower females.
The initiative, funded by the French Embassy in Ghana, seeks to equip female students with the skills necessary for careers in Artificial Intelligence (AI), Science, Technology, Engineering, and Mathematics (STEM).
The project, rolled out in partnership with KsTU Women in Engineering (WinE), targets female students from various departments at the Kumasi Technical University (KsTU), providing them with coding training in AI and other STEM fields.
Dr. Eunice Akyereko Adjei, the team lead for AI in Education, revealed the challenges women face due to stereotypes in male-dominated fields.
Dr. Eunice Akyereko Adjei, the team lead for AI in education.
She noted that the AI4SD project in education will address and change these biases, promoting a more inclusive environment for women in technology.
“We want to break stereotypes faced by women in male-dominated fields, and we’re ready to help women sharpen their skills,” she said.
The project will inspire students to use their knowledge to address developmental challenges in Ghana and beyond.
“When we give students skills training for a specific program, we’ll give them a challenge, and they’re required to use the skills they acquire from the training to solve them.
We expect to see prototypes from most of these students because many of them are offering engineering courses,” she added.
Dr. Kingsford Sarkodie Obeng Kwakye, a member of AI in education under the AI4SD project, introduced the students to machine learning, popular machine learning frameworks, and ethical issues in machine learning.
Dr.Kingsford Sarkodie Obeng Kwakye, member of AI in education.
He, however, called for more collaboration to ensure the success of similar projects.
“Machine learning is transforming education, there should be more collaboration with stakeholders for its success,” he advised.
The Artificial Intelligence For Sustainable Development (AI4SD) Shecodes training will officially commence on the 8th of February at KsTU.
Prof. Abena Agyeiwaa Obiri-Yeboah, Pro Vice Chancellor of Kumasi Technical University (KsTU), reaffirmed the university’s commitment to inclusive education during the event.
Prof. Abena Agyeiwaa Obiri-Yeboah, Pro Vice Chancellor of Kumasi Technical University (KsTU)
She emphasized that, “the AI4SD project in education aligns with the university’s vision”.
The Pro Vice Chancellor encouraged students to take full advantage of the coding opportunities provided in the training.
Prof. Robert Dery Nagre, Dean of the Faculty of Engineering and Technology at KsTU, stressed on the need to include Artificial Intelligence (AI) in the institution’s engineering curriculum.
“AI is shaping the world on a daily basis, cutting across every field. It’s time we embrace it fully
AI is not included as part of the core courses in the engineering curriculum at KsTU.
However, last year, efforts were made to make AI a compulsory subject for all engineering students.
While the initiative was not fully implemented, the university plans to include AI in the curriculum in the next revision of its programs,” he revealed.
The MTN Ghana Foundation has taken a significant step in advancing science, technology, engineering, and mathematics (STEM) education with the handing over of a modern integrated STEM laboratory at Wiamoase in the Ashanti Region. The ultra-modern integrated STEM Lab is the first of its kind in the region.
The facility is part of MTN Ghana Foundation’s commitment to empower young people through education and innovation. The integrated STEM Lab will provide students and teachers with hands-on experience in robotics, programming, electronics and other STEM related programs.
Robert Kuzoe and Chief Cutting the ribbon
The MTN Ghana Foundation supported the project with GHS 746,425.00 to furnish the Integrated STEM Lab with the following equipment:
Lego Education: The latest LEGO education STEM learning solution for pre-school, primary and secondary school students. SPIKE Essential will engage students in hands-on investigation of STEM concepts using everyday themes.
REV Robots: This kit has over 1400 parts. The kit provides the most robot design flexibility of any kit on the market, providing teams with a strong foundation to build on.
Drone Technology
Virtual Reality Sets
Scratch, Java and Python Programing
Science Research
The MTN Ghana Foundation’s support for STEM education and this project reaffirms MTN’s belief that everyone deserves the benefits of a modern, connected life.
Students inside the Integrated Science Lab
Speaking at the handing over ceremony, Robert Kuzoe, Senior Manager of the MTN Ghana Foundation, reiterated MTN’s commitment to bridging the digital gap in underserved and unserved communities. He said “Our support for STEM education and this project reaffirms our belief that everyone deserves the benefits of a modern, connected life. I am happy to say that this Integrated STEM Lab is more than just a building; it is a gateway to opportunities. It symbolizes hope, progress and a brighter future for the children and youth of Wiamoase and beyond”.
For his part, the Chief of Wiamoase, Nana Boakye Yiadom, expressed his appreciation to the MTN Ghana Foundation for the initiative and urged the students to embrace digital literacy and make good use of the facility to learn digital skills.
Telecel Ghana Foundation in partnership with SHE Hub Ghana has trained 140 women entrepreneurs from the informal sector in Kumasi on digital and financial skills as part of the telecommunications giant’s annual Ashanti Month celebrations.
Fusing digital and financial skills with entrepreneurship, the training is aimed at exposing women business owners in the informal sector to digital and financial tools that will elevate their businesses to new heights to promote inclusive economic growth.
The women, who represent a diverse group of vocational traders include hairdressers, dressmakers, traders, and agribusiness owners, were each presented with a digital phone and a year’s supply of mobile data by the telco at the end of the training, a move designed to help them access the critical digital tools and apply their new skills to expand their market reach.
Delivering the keynote at the opening ceremony, Board Chair and Co-founder of Telecel Group, Nicolas Bourg highlighted the long-term value of the skills they will acquire and the advantages it would afford them as business owners in today’s rapidly evolving economy.
“Having a good understanding of digital tools and financial management skills will help you connect with a wider customer base through online platforms, expand your market reach and assist you in making informed financial decisions to secure your business’ future. Utilise the opportunity to ensure the growth of your business” Nicolas said”.
The training forms part of Telecel Ghana’s 2024 Ashanti Month celebrations in Kumasi, which include key activities such as headlining the 67th Asantehene Open Golf Tournament, customer visits by senior management, health screenings, clearing the medical bills of indebted patients in the regional hospital and market activations.
Head of Foundation, Sustainability and External Communications, Rita Agyeiwaa Rockson, explained the purpose and significance of the digital and financial skills training in expanding businesses. “This training is an opportunity to level the playing field for women in the informal sector who face barriers in accessing the tools and knowledge that could help them grow. Today, that changes. We are giving the beneficiaries of the training the intellectual and physical tools to unlock the full potential of their businesses.”
The training module focused on digital tools for business promotion – the use of mobile apps, social media, and e-commerce platforms to improve service delivery and expand customer reach; and secondly, financial literacy – budgeting, record-keeping, and utilising mobile financial services to improve financial management and support sustainable business growth.
Each of the participants shared updates on their business and how the training will help them scale, as well as asked questions on several areas of the training for better grasp. At the end of the training, each received a smart phone with a special Telecel package of 2.5GB data every month for a year.
Training participant and owner of BLERG Couture, Priscilla Osei Brempong, was excited and grateful for the opportunity to build her capacity through the digital and financial skills training. “I’ve always wanted to reach more customers and grow my business. With the digital phone and data, I can now advertise online and manage my finances more easily. This training is exactly what I needed to take my business to the next level,” Priscilla said.
Exabeam has announced the debut of LogRhythm Intelligence Copilot, a generative AI-powered capability that provides actionable insights to security teams and accelerates workflows. This release strengthens Exabeam’s position as a recognized innovator, offering true AI to automate cybersecurity while others fail to deliver.
LogRhythm Intelligence Copilot uses purpose-driven AI to assess the nature and impact of a cyber threat and suggest the next measures. The new functionality helps security teams to respond more quickly, think more strategically, and confidently neutralize threats.
Less than 90 days after Exabeam joined forces with LogRhythm, the company released LogRhythm Intelligence to empower self-hosted LogRhythm SIEM customers with machine learning-based AI. Embedded in LogRhythm Intelligence, it delivers automated Threat Summaries, which provide a concise overview of critical detections, categorize threats using the MITRE ATT&CK® framework, and recommend next steps tailored to each case.
Drawing on the success of Exabeam Copilot, the fastest-adopted feature in the cloud-native New-Scale Security Operations Platform, LogRhythm Intelligence Copilot empowers customers with faster threat response, contextual insights, and improved communication of threats. Empowering novice and seasoned analysts alike, LogRhythm Intelligence Copilot is a productivity win for overworked teams.
“While others talk about innovation, we deliver it,” said Steve Wilson, Chief Product Officer at Exabeam. “The cybersecurity industry is flooded with buzzwords and half-baked AI tools that add complexity without solving the problems SOC teams face. Exabeam technology isn’t just about AI for AI’s sake—it’s about delivering real, measurable outcomes. With Exabeam, AI-powered cybersecurity isn’t a pipe dream; it’s a reality—security teams benefit from simplified workflows that produce immediate results, streamlining daily workflows.”
KCB Bank Kenya, in partnership with Mastercard, has officially released Kenya’s first multi-currency prepaid card. This unique technology is intended to simplify international transactions, allowing clients to spend easily in several worldwide destinations.
This card, designed to address the different demands of students, sports, online shoppers, corporations, and corporations, offers a low-cost way to manage overseas transactions. It makes frequent travelers and global spenders more comfortable by lowering excessive transaction fees.
The card supports 11 major currencies such as Kenyan Shilling, US Dollar, British Pound Sterling, Euro, Swiss Franc, Australian Dollar, Canadian Dollar, Indian Rupee, Japanese Yen, South African Rand, and Chinese Yuan.
Angela Mwirigi, Director of Digital Financial Services at KCB Bank Kenya, stated, “The launch of this card marks a significant step in strengthening our long-standing partnership with Mastercard. This collaboration brings together two industry leaders, combining our expertise, innovation, and shared vision to offer exceptional financial solutions that align with our goal of being the bank of choice in Kenya.”
The prepaid feature allows cardholders to load specific amounts, providing better spending control. Users can manage their prepaid balances through a self-serve portal on the website. Real-time exchange rates automatically convert currencies during purchases, eliminating the need for multiple wallets or currency exchanges.
Once enrolled, cardholders will benefit from favorable exchange rates and reduced conversion costs, eliminating unexpected charges and simplifying global spending. The card’s ability to manage multiple currencies removes the need for separate currency accounts or physical cards, ensuring greater convenience and security.
Shehryar Ali, Senior Vice President and Country Manager for East Africa at Mastercard, remarked, “We are excited to partner with KCB Bank Kenya to launch the country’s first platinum multi-currency prepaid card, which offers the highest number of currencies. This historic milestone is a significant step in redefining global commerce. Our solution simplifies cross-border transactions, allowing individuals and businesses to focus on what truly matters. At Mastercard, we are committed to fostering secure, flexible, and accessible payment ecosystems that drive global opportunity.”
