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Tapswap, the popular tap-to-earn game on Telegram, has once again announced the postponement of its highly anticipated Shares-to-Token exchange event to the third quarter of 2024. This latest delay comes amid heightened interest in Tapswap, with the project reportedly attracting…
KuCoin Imposes 7.5% Tax Crypto Transactions in Nigeria: One of Nigeria’s popular crypto exchanges, KuCoin, has announced that it will begin collecting a 7.5% Value-Added Tax (VAT) on transaction fees from its users in the country starting next Monday, July…
Kano emerges as Nigerian startups hub! For a long time, Lagos has been synonymous with Nigeria’s tech scene. However, a new player is rapidly emerging in the north: Kano. Kano, the commercial capital of Northern Nigeria, has witnessed a phenomenal…
In a recent interview, Olubayo Adekanbi, CEO and co-founder of Data Science Nigeria (DSN), highlighted the growing versatility of Artificial Intelligence (AI) as a general-purpose technology. Adekanbi’s remarks came during his speech at the Microsoft AI for Non-Profit event, where…
A South African company called VezoPay has launched a smart payment ring that allows users to ditch their wallets and even their phones when making purchases. This new payment ring, developed by South African entrepreneurs Jake Pinkus and Lawrence Baker,…
A long-standing dispute between Nigerian banks and telecom companies regarding a $132 million USSD debt appears to be nearing a resolution, albeit slowly. The crux of the issue lies in the unpaid fees accrued by banks for utilizing Unstructured Supplementary…
Is Cryptocurrency the future of finance Africa? Cryptocurrency is rapidly gaining traction across the globe, and Africa is no exception. Digital currencies offer a plethora of advantages, including financial inclusion, reduced transaction fees, and enhanced security. These benefits have many…
Nigeria has achieved a significant milestone in its telecommunications industry, with the country now producing 100% of its SIM cards locally. This achievement comes just two years after the federal government implemented a ban on the importation of SIM cards,…
The recent Africa Fintech Festival has sparked dynamic discussions about the future of fintech regulations across the African continent. A key takeaway from the event was the advocacy for innovative regulatory approaches, particularly the exploration of “fintech passporting” – a…
The world of technology is witnessing a paradigm shift as developing nations are rapidly embracing advanced artificial intelligence (AI) tools at an unprecedented rate. This surge in Advanced AI adoption in developing nations stands in stark contrast to the more…