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88 Customers Exposed in South Africa’s First National Bank Glitch
In South Africa, the personal details for 88 South African home loan applicants were accidentally leaked after a technical glitch in the First National Bank (FNB) mobile app in 2023. The county’s Information Regulator found this out after some preliminary…
Nigerian Edtech Platform Dexude gets Funding from Business Finland TEMPO
Dexude, a leading ed-tech platform with operations in Nigeria, has announced that it has secured the prestigious Business Finland TEMPO funding. This funding approval marks a key moment in Dexude’s mission of transforming education through AI-powered, live-first, expert-led, and community-driven…
EFCC Blocks 1,146 Bank Accounts Involved in Unauthorized Foreign Exchange Deals
A Federal High Court order has permitted Nigeria’s Economic and Financial Crimes Commission, EFCC, to block 1,146 accounts. These accounts were said to be connected with an ongoing investigation into unauthorized foreign exchange dealings, money laundering, and terrorism financing. EFCC…
Burkina Faso suspends BBC Africa and VOA over Human Rights Abuse Report Coverage
Burkina Faso has barred local internet from accessing the BBC and Voice of America. This was after the broadcasters aired a rights report accusing the army of attacks on civilians in its battle against jihadists. Burkina Faso Bans Foreign News…
Kenya’s GoBeba, Ghana’s Kola Market & SA’s NewForm Foods Raise $200K Each from Madica
In a move highlighting the growing vibrancy of Africa’s innovation scene, Madica, a pan-African venture capital firm, has announced a significant investment of $200,000 each into three promising startups: GoBeba (Kenya), Kola Market (Ghana), and NewForm Foods (South Africa). This…
Airtel Kenya Reduces its Rates after Reduction of the Mobile Termination Rates
Airtel Kenya reduced its call rates to other mobile networks from KES 0.58 per minute to KES 0.41 per minute. This will be effective March 1, 2024. The reduction follows the Communications Authority of Kenya (CA) directive to lower mobile…
Multichoice Nigeria Increases the Prices of DStv and GOtv
In a move certain to impact millions of subscribers across the country, Multichoice Nigeria, the leading pay-TV operator, has announced a fresh increase in subscription fees for both its DStv and GOtv platforms. The price adjustments, communicated via email to…
Unified Payments Receives the Award of the second holder of the Payment Terminal Service Aggregator licence
The Central Bank of Nigeria (CBN) has granted the country’s second Payment Terminal Service Aggregator (PTSA) license to the premier financial technology company, Unified Payments. This is to combat financial crimes and market irregularities. The move is targeted at implementing…
Kenyan Lawmakers Passes Historic, Free Trade Deal with the European Union
Kenya has signed a trade deal with the European Union (EU). This deal will increase the flow of goods and services between the two countries. Also, the deal ends a clash with neighboring East African Community (EAC) partners who previously…
US Signs Bill that Might mean a TikTok Ban
In a move that has sent shockwaves through the tech industry, the United States government has signed a new bill that could potentially lead to a nationwide ban on the popular social media platform, TikTok. The bill, which was passed…