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Wema Bank Plc., a prominent financial institution in Nigeria renowned for its innovative banking practices, recently made a strong statement by ending multiple partnerships with fintech companies. This strategic decision was made to protect customer funds and address the issue…
WeBuyCars, a popular pre-owned motor vehicle market, has been listed on the Main Board of the Johannesburg Stock Exchange (JSE) under the share code “WBC.” Before listing, the 23-year-old company planned to issue 417,181,120 shares and targeted an R7.8 billion…
The Central Bank of Nigeria (CBN)’s directive mandating the linkage of National Identity Numbers (NIN) to all tier-1 bank accounts by March 1, 2024, has passed with a significant portion of banks yet to implement the policy. This has left…
Android users can now use the ‘Find My Device’ feature on their phones and this is great news for Android users. The new feature is courtesy of Google’s new ‘Find My Device’ network. This unique feature allows you to find…
The National Association of Telecommunications Subscribers (NATCOMS) has appealed to the Nigerian Communications Commission (NCC) to extend the NIN-SIM Linkage deadline from September 14 to September 30. This move comes as telecoms disconnect unlinked lines after the September 14 deadline.…
Colombian fintech Minka expands into Africa. Colombian cloud-based fintech startup Minka has announced plans to expand its operations into Africa. The first phase of this expansion will see Minka setting up shop in Eastern and Southern African countries, including Kenya,…
In an exciting development for the fintech landscape in the MENA region, FlapKap, an Egypt-born and Abu Dhabi-based fintech platform, has successfully raised $34 million in a pre-Series A funding round. This significant financing comes nearly two years after the…
When well-known inventions are mentioned, they are mostly mentioned alongside inventors of non-African descent but then there are African inventors whose innovations have changed the course of history far and wide but most of these African innovators remain unknown. While…
MTN Defends Against Vodacom Lawsuit: Vodacom recently took MTN South Africa, Cell C, and Liquid Intelligent Technologies to court. The company challenged the legality of their spectrum pooling arrangements. The conflict, rooted in South Africa’s telecoms regulations, mirrors the fierce…
Kenya has made a significant move in making use of the transformational power of Artificial Intelligence (AI) by declaring that it will work on developing an all-inclusive National AI Strategy. This initiative, which was launched on April 8, 2024, in…
