Nigeria’s first digital bank WEMA ALAT keeps boosting the fintech sector
Finance options and transactions are undergoing a massive transformation all over the world. Payments, lending, asset, and wealth management are…
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Report: Africa’s average mobile fraud rate reached 16.4% in 2021
Payment structure narratives are changing as a result of technological advancements. Naturally, this convenience increases the risk of payment fraud….
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The African Development Fund approves a $14.2 million grant to promote a financial digitalization initiative
Malawi’s government and the African Development Fund (ADF) have agreed to a $14.2 million grant to improve infrastructure and create…
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South African Authorities Take Huawei to Court Over Hiring Mostly Foreign Workers
South Africa has asked a court to fine Huawei Technologies’ local unit for violating hiring rules and to order the…
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6 must-have financial management apps for business owners
Financial management no longer entails poring over blotchy ledgers. Even the tried-and-true spreadsheet has become obsolete. Instead, there are a…
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WhatsApp is releasing a new voice calling interface for Android beta testers
WhatsApp has begun to roll out a new voice call interface. The most recent rollout is only available to a…
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Twitter is back online after a software glitch knocked out service
Twitter said on Friday that it had fixed a software bug in its microblogging website that had caused service disruptions…
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Egyptian e-health startup Nawah Scientific raises funding Cairo Angels Syndicate Fund
Nawah Scientific, an Egyptian life sciences and biotech startup, has received funding from the Cairo Angels Syndicate Fund (CASF) as…
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Mdundo is looking for more telco partnerships after seeing an increase in music streaming revenue from Tanzania and Nigeria deals
Mdundo, an Africa-focused music streaming service, is counting on more collaborations with telcos across the continent to increase its earnings…
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YouTube Ready for Web3 Move, Plans Foray into NFTs and Metaverse Despite Aiming to Go Carbon-Free
YouTube is getting ready to jump on the Web3 bandwagon, incorporating elements like non-fungible tokens (NFTs) and the metaverse into…
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Acronis Launches Its First Cloud Data Center in Nigeria
LAGOS, Nigeria, February 10th, 2022 – Today, Acronis, the global leader in cyber protection announced the availability of a new Acronis…
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Following Zambia, Kenya is investigating the possibility of a digital currency
Kenya’s central bank has asked the public to share their thoughts on the possibility of adopting a digital currency by…
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Binance, a cryptocurrency exchange, will invest $200 million in Forbes
Binance, a major cryptocurrency exchange, will invest $200 million in Forbes, the media company announced on Thursday, as it prepares…
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Report: TikTok Shares Your Data Compared to Any Other Social Media App
YouTube and TikTok, according to a recent study published by mobile marketing company URL Genius, track users’ personal data more…
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Lamin Darboe of Bantaba is set to assist African startups tap into diaspora wealth
A few months into the coronavirus pandemic, in April 2020, a team of four African-origin students in Sweden—including The Gambia-born…
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Mr. Green Africa, Kenyan recycling startup completes latest round of funding
Mr. Green Africa, a Kenyan plastics recycling pioneer, has received a significant investment from impact investors and key industry stakeholders…
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Google Hustle Academy is planning to train 5,000 SMEs across Africa
Google announced today that the newly launched Hustle Academy will provide free training to 5,000 small and medium-sized enterprises (SMEs)…
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Government launches ride hailing service, ‘Lagos Ride’
In yet another ambitious move to improve the aesthetics of Lagos, Babajide Sanwo-Olu, the government of Lagos, has rolled out…
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How Kalibotics is using robotics to improve edtech, agritech, e-waste management
In 2018, two Nigerian siblings, Olugbenga Abejirin and Mayowa Abejirin, who have technical skills in programming and software development, with…
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AVEVA Will Showcase Path To Digitalization And Net-Zero For Energy Companies At EGYPS 2022
AVEVA, a global leader in industrial software that drives digital transformation and sustainability, has announced its participation in the Egypt…
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Mecho Autotech, Nigerian startup secures $2.15m seed funding
Mecho Autotech, a Nigerian vehicle repair and maintenance startup, has raised $2.15 million in seed funding to expand its capacities…
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SendChamp, a Nigerian’s startup is helping businesses reach customers via different means
SendChamp, a Nigerian startup, provides communication APIs and customer relationship management tools to developers and businesses, allowing them to reach…
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Application open for Visa’s Everywhere Initiative (VEI) Programme
Visa has announced its Everywhere Initiative (VEI) program, which is a global open innovation program that will allow fintech and…
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Docklands Ventures acquires South African startup, ParkUpp
Docklands Ventures has acquired South African startup ParkUpp, a marketplace that connects owners of parking spaces with companies and individuals…
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Google announces 2-Step Verification auto enrollments to protect internet users
Google has announced the expansion of its two-step verification (2SV) process for log-ins to improve account security after its newly…
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Prices of Bitcoin and Ether fall slightly as bearish investors manage to hold back the most popular altcoins
Bitcoin has been on a steady bull run since February 4, but there appears to be a price ceiling for…
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Instagram Adds Bulk Delete Capabilities and a slew of New Account Controls
As part of its Safer Internet Day initiatives, Instagram has rolled out a set of new features to make it…
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BasiGo receives $4.3 million in seed funding to accelerate mass transit EV adoption in Kenya
BasiGo, a Kenya-based electric vehicle startup, has raised $4.3 million in seed funding three months after establishing operations in East…
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App for Egyptian investment Tiger Global, Prosus Ventures, and others invest $20 million in Thndr.
The MENA region has approximately 400 million people and a $500 billion annual savings. However, because they are a young…
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Around 50% of $2bn African tech fund raised in 2021 went to fintech startups
Africa’s fintech sector is a funding magnet, absorbing nearly half of the continent’s more than $2 billion raised by tech…
