According to an industry study released at the 2013 Mobile World Congress on Wednesday, the use of "mobile money" is witnessing a worldwide boom; with millions of people using their mobile devices to make payments, rather than paying in cash or using credit cards.

At the 2013 Mobile World Congress (MWC) in Barcelona, Spain, on Tuesday, Plastic card payment firm MasterCard unveiled the mobile point of sale (MPOS) technology, which has already been rolled out in Kenya in cooperation with Equity Bank.

During the course of the launch of `cloud computing services' in Lagos, Information Communication Technology (ICT) firm, Business Connexion (BCX) said that one of the key reasons why Small and Medium Enterprises (SMEs) have continued to remain in the informal sector in Nigeria is that the cost of technology in the country is quite high.

In the wake of the 5th BRICS Summit scheduled to be held in Durban next month, a country-wide road show has been launched in South Africa, with the aim of educating the people about the significance of the meet, as well as the country's membership of the BRICS grouping, which includes Brazil, Russia, India, China and South Africa.

The Nigerian Communications Commission (NCC) has recently announced a new set of conditions for Mobile Number Portability (MNP); a move which the authorities believe is aimed at improving overall telecom services in the country.

The weak economic environment notwithstanding, bigwig packaging and paper group Mondi Ltd. has managed to boost its cash generation for the year ended December 2012, and has also paid out an 8 percent higher dividend.

In a recent confirmation, billionaire entrepreneur and serial adventurer Richard Branson said that he intends participating in the March-scheduled 2013 Cape Argus Pick n Pay Cycle Tour, flying the team colours of Virgin Active SA.

In a Friday statement, Africa's biggest mobile-phone operator MTN Group Ltd. (MTN) said that an internal investigation, into the procedure which the company had followed for obtaining a wireless-service license in Iran back in 2005, has revealed that it had not violated any laws to secure the license.