WhatsApp, a Meta Platforms has begun testing a beta version of WhatsApp that allows up to 32 people to participate in a call. “With this feature, WhatsApp plans to offer group participants a new way to initiate voice calls,” said WhatsApp watcher WABetaInfo. The new feature is not dissimilar to group calls in Discord, a messaging and social app developed for gamers.
Beta testers – those who have access, anyway – will soon see a new voice waveform icon within a group chat. When activated, the called group members will receive a push notification alerting them of the voice chat, but their phones will not ring.
Groups that have an ongoing voice chat will have a small thumbnail indicating so in a user’s chat list.
Voice chats, like texts and voice notes on WhatsApp, are also end-to-end encrypted, so only the participants of the voice chat can listen to its contents.
According to WABetaInfo, the voice chat feature may be introduced to the stable version of WhatsApp soon. “This appears to be a wider release so some users on the stable version of the app might be able to experiment with the same feature.”
Kelechi Deca
Kelechi Deca has over two decades of media experience, he has traveled to over 77 countries reporting on multilateral development institutions, international business, trade, travels, culture, and diplomacy. He is also a petrol head with in-depth knowledge of automobiles and the auto industry
Global electronic payment platform PayPal has launched a US dollar-linked stablecoin in a bid to boost the adoption of digital currencies for payments and transfers. The stablecoin, known as PayPal USD, is backed by US dollar deposits and short-term US treasuries, and will be issued by Paxos Trust. PayPal’s shares rose 1.4% to US$63.66.
Stablecoins are cryptocurrencies designed to be protected from the wild volatility that makes it difficult to use digital assets for payments or as a store of value.
PayPal USD is fully backed by US dollar deposits, short-term US treasuries and similar cash equivalents. PayPal USD is pegged to the dollar and will gradually be available to the company’s customers in the US, the digital payments firm said.
Last month, a US congressional committee failed to come to an agreement on a bill to establish a federal regulatory framework for stablecoins.
Visa had said in 2021 that it would allow the use of the cryptocurrency USD coin to settle transactions on its payment network.
PayPal USD is fully backed by US dollar deposits, short-term US treasuries and similar cash equivalents, and can be redeemed 1:1 for US dollars. Eligible US PayPal customers who purchase PayPal USD will be able to:
Transfer PayPal USD between PayPal and compatible external wallets;
Send person-to-person payments;
Fund purchases with PayPal USD by selecting it at checkout; and
Convert any of PayPal;s supported cryptocurrencies to and from PayPal USD.
“The shift towards digital currencies requires a stable instrument that is both digitally native and easily connected to fiat currency like the US dollar,” said PayPal president Dan Schulman in a statement on Monday.
As an ERC-20 token issued on the ethereum blockchain, PayPal USD will be available to an already large community of external developers, wallets and web3 applications, and can be easily adopted by crypto exchanges, PayPal said.
Starting in September, Paxos will publish a public monthly reserve report for PayPal USD that outlines the instruments composing the reserves, as well as a public third-party attestation of the value of PayPal USD reserve assets.
Kelechi Deca
Kelechi Deca has over two decades of media experience, he has traveled to over 77 countries reporting on multilateral development institutions, international business, trade, travels, culture, and diplomacy. He is also a petrol head with in-depth knowledge of automobiles and the auto industry
“The idea of grass charcoal had never crossed my mind!” exclaims Mary Tiekor, Handi Women’s Group member and charcoal producer, as she holds a freshly made organic briquette in her hands. “And yet, here it is – and the process is so quick!”
Like Mary, over six million people in Ghana’s savannah ecological zone depend on wood fuel and tree charcoal for daily use, and this represents just a fraction of the more than 2.4 billion people globally that rely on firewood and charcoal for cooking, energy and income.
Unsustainable practices in charcoal production have led to deforestation and degradation of the country’s environment and continue to do so. These environmental challenges are compounded by Ghana’s severe dry season, during which the abundant savannah grass often fuels the characteristic wildfires of those months. The fires can decimate crops and consequently threaten food security.
Now, savannah grass can be used to fuel stoves thanks to a new charcoal production method developed and piloted as part of an initiation by the Millar Institute for Transdisciplinary and Development Studies (MITDS), with financial and technical support from the Forest and Farm Facility (FFF) of the Food and Agriculture Organization of the United Nations (FAO). The new production method aims to capitalize on the potential of the region’s grasses, helping reduce fire risk and forest degradation while contributing to ecological, economic and social goals.
“We have plenty of grass everywhere, but we never knew that it could be useful or help us alleviate poverty,” says Biirbarimah Inuur, a 40-year-old charcoal producer from Naafaa community in the Sawla-Tuna-Kalba district of Ghana’s Savannah region.
From grass to charcoal
Whereas traditional charcoal is produced with biomass harvested from trees, the grass briquettes use harvested grass and a binding agent to create small bricks of charcoal. The process is less labour-intensive and the bricks easier to produce. This technology has created a market for green cooking fuel, incentivizing people to protect the grass and the land.
Additionally, every 100 kilograms of grass charcoal consumed saves two trees, which can net 76 kilograms of carbon credits a year. According to MITDS, widespread use of grass charcoal could offset over 44 000 tons of carbon a year with a potential estimated income of GHS 4.4 million (USD 400 000) in carbon offset credits.
MITDS has piloted the production and use of grass briquettes across five forest and farm producer organizations. FFF additionally provided support for training these producer organizations and facilitated market access and development. Over 95 percent of those involved reported that they felt the new grass briquettes were a good business opportunity.
“It [the grass charcoal] burns slower, and since we women like our food to simmer when cooking, grass charcoal is the right charcoal for us,” says Biirbarimah Inuur.
Training local communities
Local women have been at the centre of the training supported by FFF, MITDS and other regional partners, making up 234 of the 448 people trained. They have learnt how to harvest the grass sustainably, produce the grass briquettes and market their surplus for commercial sale.
“I now prepare my own grass charcoal for cooking. It saves me a lot of money,” says 71-year-old Mary Stella Poerekuu, a retired teacher from Lyssah in the Lawra municipality of the Upper West region.
Local entrepreneurs are now exploring ways to establish more grass charcoal businesses, following the success of pilot businesses in two communities in the Savannah and Upper West regions. The lessons learned from these businesses will be used to upscale the approach across the country.
To improve the marketability of the grass charcoal, FFF and MITDS are also developing grass paper that can be used as packaging for the grass briquettes. This will enable producers to sell their charcoal at higher prices and improve the recognition of the product.
The paper has also been identified as a potential material to improve roofing in rural housing, acting as insulation to cool the houses in the hot, dry season and reducing pressure on forest resources used to produce plywood.
An enabling environment for grass charcoal
Currently, grass charcoal production, at GHS 100 (USD 10) per 100 kilograms, is about twice as expensive as wood charcoal, mainly owing to the additional components required, such as a binding agent.
“The grass used for charcoal is also purchased from communities; whereas felling a tree in the forest is considered ‘free’,” explains FAO Forestry Officer, Sophie Grouwels, the FFF country coach. “However, FFF is supporting MITDS in bringing together green energy experts and policymakers to find ways to enhance the enabling environment for grass charcoal and make it more attractive for communities.”
One proposed solution is to introduce government incentives to propel its use. A similar approach was used with great success in the country when gas stoves were first introduced as an alternative to wood charcoal stoves.
Policymakers are expressing their support for the new technology as an opportunity to protect forest landscapes while strengthening local livelihoods. Following a ban on tree felling for timber production, Edward Ndanbbon Taalak, Nabdam District Coordinator of Ghana’s National Disaster Management Organisation in the Upper East region, was approached by a group of women asking what they would use to cook food for their families.
“I had no answer,” said Taalak. “But now I do. When I return, I will tell them, ‘You can continue to produce charcoal to take care of your families. But this time, you will be producing charcoal from grass, which is more abundant here than trees!’.”
Kelechi Deca
Kelechi Deca has over two decades of media experience, he has traveled to over 77 countries reporting on multilateral development institutions, international business, trade, travels, culture, and diplomacy. He is also a petrol head with in-depth knowledge of automobiles and the auto industry
Safaricom Ethiopia is set to receive funds from the International Finance Corporation (IFC) and Multilateral Investment Guarantee Agency (MIGA), members of the World Bank Group, following the closure of the transaction during a funding ceremony held at the telco’s headquarters in Addis Ababa, Ethiopia.
The company will receive support in the form of full equity investment, a loan, and guarantees to support the ongoing construction and operation of its greenfield telecommunications network to drive digital connectivity across Ethiopia.
“The progress Safaricom Ethiopia has achieved in such a short period is nothing short of remarkable. With the highly anticipated launch of M-PESA, we are excited to witness the profound impact it will have not only on the telecommunications landscape but also on improving financial inclusion for all people across Ethiopia.” Said Mr. Mohamed Gouled, Vice President of Industries at IFC.
Following the closure of this transaction, IFC will hold a minority equity stake in the Global Partnership for Ethiopia BV (GPE), while Safaricom PLC remains the majority shareholder. The other members of the consortium include Vodafone, Vodacom, Sumitomo Corporation, and British International Investment (BII).
“With IFC coming on board as an equity partner, their experience in global operations and the stature of their investment brings a lot of praise and respect to the board. We look forward to their input in helping us make strides in the Ethiopian market,” said Mr. Michael Joseph, Safaricom Ethiopia Chairman.
This significant investment will expedite the company’s ambitious plans to provide affordable internet and reliable connectivity across Ethiopia.
Kelechi Deca
Kelechi Deca has over two decades of media experience, he has traveled to over 77 countries reporting on multilateral development institutions, international business, trade, travels, culture, and diplomacy. He is also a petrol head with in-depth knowledge of automobiles and the auto industry
Africa’s leading telecoms company MTN has announced that its South African subsidiary will offer the Disney+ streaming service to its customers in South Africa for R49/month, including data. This comes after MTN reached an agreement with the Walt Disney Co to offer the Disney+ streaming service to its mobile customers in South Africa for R49/month including data.
The plan, which is specifically designed for use on mobile phones and tablets, includes 500MB/month of “free” streaming data. For R59/month, the streaming data allocation increased to 2GB.
Users can buy the Disney+ mobile package using airtime or by adding it to their bill. Plans are in development for further Disney+ offers for MTN customers.
“Plans are in development for further Disney+ offers for MTN customers,” the telecommunications operator said in a statement on Thursday.
“The Disney+ mobile plan with MTN will offer viewers the same access to Disney+’s vast catalogue of content from the streamer’s iconic brands of Disney, Pixar, Marvel, Star Wars, National Geographic, as well as general entertainment from Star. Using mobile phones and tablets, subscribers will have access to features such as standard-definition data-saver streaming,” MTN said.
Disney’s regular premium plan costs R139/month and includes 4K streaming to large-screen TVs. A mobile plan is available directly from Disney for R49/month, though this does not include bundled streaming data.
Kelechi Deca
Kelechi Deca has over two decades of media experience, he has traveled to over 77 countries reporting on multilateral development institutions, international business, trade, travels, culture, and diplomacy. He is also a petrol head with in-depth knowledge of automobiles and the auto industry
Binance users in China have reportedly traded US$90-billion of cryptocurrency-related assets in a single month in China, where cryptocurrency trading has been illegal since 2021. The transactions made China Binance’s biggest market by far, accounting for 20% of volume worldwide, excluding trades made by a subset of very large traders, the Journal said. The newspaper did not specify the month during which the transactions were made.
Binance’s origins lie in China; though the world’s largest crypto exchange withdrew from mainland China in 2017 during a regulatory crackdown. It did not immediately respond to a request for a comment on the Journal report.
“The Binance.com website is blocked in China and is not accessible to China-based users,” a company spokesman told the media.
The exchange has also been under the scrutiny of US regulators like the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC).
The CFTC sued Binance for operating what it said were an “illegal” exchange and a “sham” compliance programme, while the SEC sued Binance and CEO Changpeng Zhao saying that Binance artificially inflated its trading volumes, diverted customer funds, failed to restrict US customers from its platform and misled investors about its market surveillance controls.
The exchange is also under investigation by the US justice department over possible money laundering and sanctions violations.
Kelechi Deca
Kelechi Deca has over two decades of media experience, he has traveled to over 77 countries reporting on multilateral development institutions, international business, trade, travels, culture, and diplomacy. He is also a petrol head with in-depth knowledge of automobiles and the auto industry
South African real-time digital payments service, PayShap, has shown robust uptake since its launch in March as it records close to a million transactions. The platform which provides interbank real-time digital payments service has processed more than 800 000 transactions, with a settlement value of more than R660-million.
“In the first few months of its introduction, there’s been consistent growth in the adoption levels and transaction volumes for the PayShap service,” said chief product officer at BankservAfrica Mpho Sadiki. “The strong response to this new digital payment service is what we hoped for and we expect the uptake to rise as other banks come on board soon.”
PayShap data by BankservAfrica from the service’s launch date to 31 July 2023 shows that more than 300 000 ShapIDs have been registered. ShapIDs are linked to account holders’ banking profiles and replace the need to share bank account details for payment. Payments processed through PayShap are rapidly authenticated and cleared in the recipient’s bank account in seconds.
For person-to-person payments, ShapIDs are linked to the account holder’s cellphone number. “We are seeing an increase in users opting to use their mobile number as their ShapID for instant and convenient payments,” Sadiki said.
PayShap is currently offered by Absa, Discovery Bank, FNB, Nedbank and Standard Bank, and will be rolled out to other banks soon.
Kelechi Deca
Kelechi Deca has over two decades of media experience, he has traveled to over 77 countries reporting on multilateral development institutions, international business, trade, travels, culture, and diplomacy. He is also a petrol head with in-depth knowledge of automobiles and the auto industry
Openserve, the wholesale networks subsidiary of Telkom has grown the number of homes passed with its own fibre broadband infrastructure to 1.1 million. This, Telkom said in a quarterly financial update on Monday, means that as of end-June, Openserve has been able to pass the milestone of half a million homes connected with fibre.
The connectivity rate for Openserve fibre remains relatively high, too, at 46.5% — meaning that nearly half of homes passed with the company’s fibre have elected to sign up for its services.
In March, Telkom said it had hired Bank of America to manage the sale of a stake in Openserve. Fixed-data next-generation revenue – in other words, revenue not tied to legacy copper networks, for example – rose by 10.6%, driven by growth in broadband. The next-gen network portfolio now contributes 73.7% to Openserve’s revenue.
“The increase in demand for connectivity and consumption continues to reflect on the fixed-data traffic increase of 13.3% to 512PB,” Telkom said. “However, the accelerated decline in total fixed voice revenue of 29% remains a challenge, and resulted in an overall revenue decline of 2.7% for the quarter to R3.1-billion.”
Load shedding also impacted Openserve, with diesel costs in the quarter reaching a staggering R88-million and negatively impacting Ebitda, a measure of operating profit, where the margin fell to 28%, a reduction of 1.9 percentage points from a year ago.
In March, Telkom said it had hired Bank of America to manage the sale of a stake in Openserve, a process that may elicit interest from Telkom rival MTN Group and others.
MTN last year previously engaged in early-stage talks to buy the entirety of Telkom, a deal that would have been complicated to get over the line. Those talks broke down, however, after Telkom engaged wireless broadband upstart Rain in separate negotiations. Those talks led nowhere.
Kelechi Deca
Kelechi Deca has over two decades of media experience, he has traveled to over 77 countries reporting on multilateral development institutions, international business, trade, travels, culture, and diplomacy. He is also a petrol head with in-depth knowledge of automobiles and the auto industry
This year’s rebound in cryptocurrencies is turning messaging platform Telegram into an unlikely marketplace for small traders fearful of missing out on the rally. A new generation of trading bots, built mainly by anonymous developers, has become favourites among traders seeking to gain access to the wild west of cryptocurrencies: decentralised finance. Their popularity has escalated recently as altcoins have rallied sharply. Tokens tied to automated software programs have more than doubled in market value in just a week to exceed US$241-million, according to CoinGecko data.
More crypto traders want to step up their game as the market recovers from last year’s losses. Bitcoin has climbed around 77% this year, while other tokens such as XRP also saw their value jump from last year’s lows. Trading bots allow investors to easily access often-complicated decentralised exchanges, or dexes, that offer more tokens than their centralised counterparts.
Just like everything that sounds too good to be true, the bot craze involves a huge compromise for users. In this case, it’s the risk of yet another rug-pull or hack. But the upside is that the bots allow retail traders to execute manoeuvres — like front-running other users — that previously only sophisticated investors could do.
“The focus [among Telegram trading bots] is usually on low-market-cap coins, meme coins and others with low volume,” said Philipp Zentner, CEO at cross-chain liquidity routing firm Li.Fi. “That by themselves attracts quite a lot of attention because the potential earnings multiples are very large due to liquidity and price gaps.”
Among the new crop is Unibot, which has been created by anonymous developers. Once a Telegram user initiates a chat with Unibot, they can conduct crypto trades in DeFi as easily as sending a text message to a friend.
But it isn’t just about basic buying and selling of tokens; the bot also allows traders to simplify complex transactions. For instance, an advanced feature known as the “mirror sniper” lets users target a specific wallet — owned by another trader — and potentially front-run their trades for potential profit.
Unibot alone has gained more than 6 000 unique users, according to data compiled by Dune Analytics user whale_hunter. The bot has generated revenue worth a total 3 715 ether, or $7-million, in just two months.
The explosive growth is in sharp contrast to that of the DeFi sector, a part of crypto industry that offers financial services without any middlemen thanks to blockchain technology. The total value of cryptocurrencies sent to the DeFi sector has been stuck around the $40-billion to $50-billion range for nearly a year, according to DeFiLlama. DeFi as a whole is still struggling to overcome a series of scandals, most notably the collapse of terraUSD, an algorithmic stablecoin, and the blowup of the FTX exchange.
“The growth in these trading tools … shows some similarities with the growth that we saw in 2021, which is now known as ‘DeFi Summer’,” said Ben Yorke, vice president of ecosystem at crypto trading platform Woo Network. “It’s one of the first new narratives we’ve seen since the implosion of luna and FTX, which drove the current bearish digital asset cycle we’ve been in.”
Suki Yang, a former quantitative trader at crypto fund Pantera Capital, said she’s building a similar bot after she saw the explosive growth of Telegram-based trading bots. The phenomenon indicates that these bots have a “clear market fit” in crypto and they are a profitable business with little funding and resources required, she said.
“At the end of the day, you are starting a business and you would need to make money,” Yang said. “This is something we can build in a month and it’s something people want to use, which is rare in crypto.”
Utilising some of these trading bots can be risky, though, because it could involve users having to sacrifice their privacy and security. Some of these bots ask for private keys — the type of passwords that allow access to a user’s crypto funds — which may not be entirely safe, said Tarun Chitra, CEO and founder at crypto-risk modelling firm Gauntlet. The collapse of FTX last year after it appeared to have lost the majority of customer assets in its care revived the popular phrase “not your keys, not your coins”, as many in the industry lost faith in entities that were supposed to protect clients’ accounts.
“Bot developers can rug any users’ wallets at any given time — or even worse, they can get hacked,” said Or Dadosh, CEO and co-founder of web3 cybersecurity firm Ironblocks.
But in an industry that’s known for its high tolerance to risks, the questions around security with these bots aren’t top of mind for many users. “The rise of these trading bots proves that, at least at this point, early adopters care more about ease of use than tail risk,” Alwin Peng, co-founder at decentralised exchange Vertex Protocol, said.
Kelechi Deca
Kelechi Deca has over two decades of media experience, he has traveled to over 77 countries reporting on multilateral development institutions, international business, trade, travels, culture, and diplomacy. He is also a petrol head with in-depth knowledge of automobiles and the auto industry
South Africa’s state-owned Sentech will at midnight on Monday move TV broadcasters out of the “digital dividend” frequency bands, freeing them up for telecommunications – and those still watching terrestrial television are directly impacted.
In June, communications minister Mondli Gungubele set a deadline for all free-to-air broadcasters to vacate frequencies above 694MHz by end-July. These are the frequency bands allocated to mobile operators during last year’s auction of spectrum by communications regulator Icasa. The operators haven’t been able to utilise the spectrum fully as it is still being used for analogue TV.
Those broadcasters occupying the bands above 694MHz must move to lower frequencies by that date, the minister said. All remaining analogue broadcasting services – utilised by e.tv and the SABC – should temporarily be accommodated in lower frequencies, meaning South Africans still reliant on analogue broadcasts will need to retune their TVs to continue receiving some channels from 1 August.
All digital broadcasting services operating above 694MHz must also be returned to operate on frequencies below 694MHz in order to clear broadcasting services from the 694-862MHz frequency bands, the minister said.
Gungubele then wants all analogue signals switched off – ending a period of “dual illumination” of analogue and digital signals – by no later than 31 December 2024. That gives the broadcasters and the government more time to convert the millions of households still reliant on analogue broadcasts to digital services.
“We have developed a plan towards meeting the 31 July deadline, and our teams are working tirelessly to achieve it,” Sentech spokeswoman Delia Kaunda told TechCentral in response to e-mailed questions. “Consumers will lose access to television services during the implementation of the frequency changes. The television set must be rescanned to tune in to the new channels.”
Sentech provided TechCentral with a detailed table of frequency changes in Excel format to help viewers find channel frequencies in their area after the switch.
TV switch-off
Viewers who struggle to access any of terrestrial channels after 31 July have been advised to contact the Sentech call centre. Both E.tv and the SABC are reliant on the state-owned signal distributor Sentech to implement the frequency changes.
The SABC did not respond to TechCentral’s enquiries regarding its readiness to meet the minister’s deadline. However, e.tv said it is ready to meet it.
“E.tv had to switch off transmitters in Rustenburg and George,” said e.tv chief technology officer Junior Qwabe last week in response to questions. “A further four transmitters – Hoedspruit, Tzaneen, East London and Cape Town – have to be returned to frequencies below 694MHz.”
The move is part of a larger digital migration project that requires all broadcasters to switch from analogue to digital signals. This project was meant to be completed by December 2010, but repeated delays have frustrated mobile operators, which have been unable to access the spectrum to expand their broadband coverage.
The final deadline to complete the entire project has been moved to 31 December 2024.
Kelechi Deca
Kelechi Deca has over two decades of media experience, he has traveled to over 77 countries reporting on multilateral development institutions, international business, trade, travels, culture, and diplomacy. He is also a petrol head with in-depth knowledge of automobiles and the auto industry