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Equity Bank, one of Kenya’s largest financial institutions, has been hit by a debit card fraud scheme. This led to the theft of approximately $2.1 million (KES 179.6 million) from numerous accounts. The breach has sparked a major investigation by…
The South African International Trade Administration Commission (ITAC) has been affected by the latest cyberattacks by hackers. The cyberattack on the commission happened in January 2024. It led to the exposure of the personal information of stakeholders. ITAC Hacked By…
Kenyan startup MarketForce made a surprising announcement, revealing the closure of its flagship B2B eCommerce platform, RejaReja. This decision coincides with the launch of their new venture, Chpter, focusing on the growing trend of social commerce. Co-founder Tesh Mbaabu disclosed…
BasiGo, a trailblazer in electric mobility in Kenya, has achieved a major milestone in the shift towards eco-friendly transportation in the country. On April 17, 2024, BasiGo introduced Kenya’s first-ever assembly line solely dedicated to producing state-of-the-art electric buses. This…
Are you a student in Uttar Pradesh looking to fulfill your academic aspirations? The UP Scholarship 2024 program, provided by the state government, could be your gateway to financial assistance. This initiative is designed to help students from various backgrounds…
Nigerian banks, under CBN, are facing a capital rearrangement and have predicted plans to raise about $3.03bn (N3.46tn) in fresh capital. In March, the Central Bank (CBN) significantly raised the minimum capital requirement, especially for international commercial banks, which now…
X, previously known as Twitter, is considering implementing a fee for new users to post content on the platform, in an effort to address issues with bot accounts and spam that have been a long-standing problem. This decision could have…
Cellulant, an African payment company, has announced the appointment of several high-profile executives to its management team. This move signifies a major step forward in its growth strategy. Cellulant New Hires Focus on Technology Advancement These appointments focus on bolstering…
Africa Code Week (ACW) is a large-scale program aimed at empowering young Africans and has recently achieved a major milestone. Through partnerships with organizations such as UNESCO, the Association for the Development of Education in Africa (ADEA), and Irish Aid,…
Seacom, a global Telecoms provider, has launched a low-earth orbit (LEO) satellite service. The satellite is a form of the ones Elon Musk’s Starlink has popularized in recent years. The service, which is being offered in partnership with Eutelsat OneWeb,…