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A federal High Court in Abuja refuted the Inspector General of Police’s (IGP) action of ordering 12 banks and financial institutions to reverse billions of naira withdrawn from Flutterwave account. This huge sum of money was allegedly withdrawn at Wema…
The Independent Communications Authority of South Africa (ICASA) has announced a consultation on a proposed new licensing framework for satellite services in the country. The move aims to establish a comprehensive regulatory and licensing framework for satellite services in South…
The recent outage of Guaranty Trust Bank’s (GTBank) website has sparked considerable concern among customers and industry observers. Initially speculated to be the result of a cybersecurity attack, the true cause appears to be far less alarming: a delay in…
Samsung Electronics has officially launched the highly anticipated Galaxy Fold 6 and Galaxy Flip 6 in Kenya, marking a significant milestone in the company’s commitment to innovation in the mobile technology sector. This announcement coincides with the opening of a…
South Africa has published a new national AI policy framework and is seeking feedback from stakeholders. The Department of Communications & Digital Technologies is in charge of the framework. National AI Policy in South Africa This framework is the first…
Changelabs, an entrepreneurship support organization, has launched its flagship Fintech for future accelerators in Egypt. The initiative aims to help fintech startups develop their products and raise funding. Changelabs Launches MENA Fintech Accelerator The Program will support 12 innovative SMEs…
African Development Bank (AfDB) has approved a $10 million investment in the KawiSafi II Fund. The significant move is to support Africa’s Climate startups. The investment was approved by the Bank’s Board of Directors and will be allocated from a…
Detained Binance executive Tigran Gambaryan’s health is quickly declining and is “mostly bedridden,” and he is reportedly being denied “adequate” access to his legal team. His legal team has not been allowed into Kuje Prison to meet him since July…
Lagos State Government has decided to tokenize real estate on the blockchain. According to Africa’s Web 3 and Digital Economy Aggregator, Cyberchain, this development can lead to shared prosperity, as more Nigerians can participate in real estate investments previously out…
Safaricom has shut down its API access previously granted to PrivPay. This was due to several violations of compliance set in place by the organization. Safaricom Shutdown PrivPay PrivPay is a fintech startup in Kenya that allows customers to make…