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Flutterwave Appoints Former CBN Director as New Board Chairman
In a strategic step to improve its management and enhance collaboration within the industry, Flutterwave, the top payments technology company in Africa, has named Dipo Fatokun, a former CBN Director, as its new Board Chairman. Fatokun’s appointment shows Flutterwave’s strong…
Youverify Announces $2.5 million pre-Series A investment from a Saudi Arabian Company
Youverify, a Nigerian organization that provides id verification and anti-money laundering (AML) solutions for banks and startups has secured a whopping sum of $2.5 million in funding in a pre-Series A round. The funding was secured from Elm, an organization…
Flutterwave’s COO Steps Down
Flutterwave’s chief operating officer, Bode Abifarin, has stepped down and left the largest fintech company in Africa. She left the company after a series of achievements for six years in the company. Bode Abifarin Steps Down As COO Of Flutterwave…
Kenya and Rwanda Top the Africa Youth Digital Readiness Index
Kenya has come out on top as the first country in the East Africa Youth Digital Readiness Index. Followed closely by Rwanda and Kenya. Kenya was ranked first because of the wide usage of the mobile money operational system, government…
MTN Uganda Wins Fastest Mobile Network Award from Ookla
MTN Uganda has been awarded with the fastest mobile network during the Q3 – Q4 2023. The participants were analyzed by the Ookla company, an internet testing and analysis company. The award was given at a Mobile Award Congress (MWC)…
TikTok Faces Ban in the US
TikTok, the well-known short video platform owned by a Chinese company called ByteDance, is encountering a major problem in the US market. The US House of Representatives passed a bill on Wednesday, March 13th, 2024, with support from both parties…
UK Government Funded DigiGirls Programme Equips 65,000 Nigerian Women
The UK government is working to reduce the digital gap in Nigeria. The DigiGirls programme, run by the CyberSafe Foundation, has helped more than 65,000 women and girls in Nigeria learn important digital skills. This program empowers them and encourages…
Telkom Kenya Loses 800,000 Subscribers
Telkom Kenya, the third-largest mobile network operator in the country, is facing a significant loss of customers. Within a short span of three months, a large number of 800,000 Telkom’s mobile subscribers left the service due to network tower issues.…
BimaLab Africa Insurtech Accelerator Program Gets $600,000 Support from Swiss Re Foundation
The Swiss Re Foundation recently supported the BimaLab Africa Insurtech Accelerator Program with a sum of $600,000. This grant is for Bimalab Africa to expand further in Africa. The program was previously operating in Nigeria, Egypt, Ethiopia, Ghana, Kenya, Morocco,…
Uber Launches Uber Comfort in Kenya
Uber, one of the major ride hailing services in the world, has introduced Uber Comfort in Nairobi, Kenya. This premium service is already available in 3 other African countries: Ivory Coast, Ghana and South Africa. Although the service is a…