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The European Union (EU) has taken a significant step towards the creation of a level playing field in digital sphere by initiating investigations against three tech giants: Apple, Google’s parent company Alphabet, and Meta (formerly Facebook). The investigations are based…
The Nigerian government detained two Binance employees a few weeks ago. This was due to the country’s attempt to fight the devaluation the platform had on its currency. The executives were identified a week ago as Tigran Gambaryan and Nadeem…
The Africa Fintech Summit (AFTS), a pacesetting body in the African financial technology space, that encourages innovation and collaboration, has published a landmark report with the title “Nigeria Fintech Marketing Outlook 2024”. This study of its kind throws more light…
The Lagos State Government has started impounding Uber and Moove’s vehicles after warning the e-hailing services about vehicle impoundment few weeks ago. This is due to their refusal to integrate the API with the state government database. According to the…
In a move set to redefine the financial landscape of East Africa, Nigeria’s premier financial institution, Access Bank Plc, has just concluded an agreement to buy Kenya’s National Bank from KCB Group Plc. This momentous acquisition marks the ongoing expansion…
At the Presidential Innovation Awards, winners received their checks at State House in Nairobi yesterday. This marked a significant occasion in Kenya’s drive towards youth empowerment and innovation. It was hosted by the President of Kenya, President Ruto, and attended…
The Tech Challenge was initiated by Irish government Minister Darragh O’Brien in South Africa. This was done as a way to mark St. Patrick’s Day in South Africa. The Irish Tech Challenge South Africa is a partnership between the Embassy…
Ride-hailing giant Bolt is changing the course of business in Kenya with the €20,000 Accelerator Program, which is the first of its kind and meant to empower their drivers and families. This initiative takes a big step towards not only…
President Ruto William had a meeting with officials of Meta about how Kenyan content creators can start earning from their content. Meta agreed and has announced that Kenyan content creators can start earning in the next three months after the…
Ethiopia’s most significant financial institution, the Commercial Bank of Ethiopia (CBE), is in the middle of a major crisis after a “systems glitch,” which caused an approximately $40 million loss. The whole thing, which unfolded over the weekend, has completely…
