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In order to improve cash availability across Nigeria, the Central Bank of Nigeria (CBN) has announced new regulations targeting banks with non-functional Automated Teller Machines (ATMs). This initiative is part of the broader CBN ATM regulations designed to ensure that…
Starlink has made a significant move in the Kenyan internet market by introducing an affordable kit just three days after Safaricom, the country’s leading internet service provider (ISP), announced a substantial increase in its fiber internet speeds. The new Starlink…
Samsung Introduces Account on Galaxy Store: Samsung recently enforced a requirement that users must have a Samsung account to download or update apps from the Galaxy Store. This change was enforced yesterday, September 25, and It applies to all regions.…
Next Narrative Africa and HEVA Fund have unveiled a $40 million fund for African Filmmakers. The fund will be used to support content creators in Africa and the diaspora. The announcement came during the United Nations General Assembly in New…
Xiao CFO released from Custody: Transsion Holdings announced last week its Chief Financial Officer, Xiao Yonghui, has been freed from detention by Chinese authorities. Details about it remain scarce, raising more concerns about internal governance and broader challenges facing the…
Bolt Drivers Migration: Bolt drivers are threatening to migrate to other e-hailing platforms due to rising tensions over fare increases and operational grievances. Earlier this month, Bolt announced a 15% fare hike, citing ongoing fuel scarcity and operational challenges faced…
There has been a significant update to the Telegram user privacy system. The messaging app has said it will hand over users’ IP addresses and phone numbers to authorities who have search warrants or other valid legal requests. Telegram User…
M-KOPA has gained 5 million customers. Surprisingly, it gained 2 million customers in a short period. M-KOPA customer growth is quite astounding. No wonder it became the leading financial technology company for emerging markets in Africa. The company also announced…
The national president of the Amalgamated Union of App-based Transporters of Nigeria (AUATON), Mr. Adedamola Adeniran, has been accused of intimidation by a rival faction of the union. The AUATON President was accused shortly after the factional president of the…
Kofa, a Ghanaian company, and PASH Global, an impact investor, have expanded Kofa battery-swapping network in Ghana. The Special Purpose Vehicle (SPV) expansion is backed by a £2.35 million commitment from the Shell Foundation through its Transforming Energy Access (TEA)…
