Wema Bank Cracks Down on Fraud: Suspends Seven Fintech Partners
Wema Bank is working hard to have good partnerships and follow the rules set by the Central Bank of Nigeria.
MarketForce Shifts Focus: Closes RejaReja B2B E-commerce, Dives into Social Commerce
MarketForce started as a sales tool but switched to B2B e-commerce with RejaReja.
Starlink to Restrict Roaming in Unlicensed Regions
Roaming allows users to access the internet service in areas outside of Starlink's authorised regions.
Cellulant Revamps Leadership Post-CEO Departure, Aims for Profitability
These hires are crucial for Cellulant's business across 13 African markets. The company aims to excel in checkout, payout, and banking solutions, focusing on sustainability and profitability.
SafeBoda Launches Eco-Friendly Electric Option, Going Green in Uganda
The transition to electric bodas brings several benefits. Firstly, it reduces air pollution in cities and provides quieter rides for passengers.
Seacom Launches Satellite Service Following Subsea Cable Disruption
Unlike regular internet, which relies on local stations, satellite internet can keep working even if local stations fail, like during a power outage.
Nigeria’s Bid to Extradite Binance Executive from Kenya Hits Legal Snags
Cooperation between law enforcement agencies, including Interpol, is limited by legal frameworks.
South African Authorities Grant Crypto Licences to VALR, Luno, and Zignaly
This approval follows the FSCA's recent announcement indicating its intention to grant operating licences to 59 crypto firms, with hundreds more undergoing review.
Pula Secures $20M Series B to Provide Insurance to 100 Million African Farmers
Pula works with over 100 partners in 22 countries to reach farmers. Instead of selling insurance directly to farmers, they embed insurance offers in farm input costs or credit.
Canal+ Boosts MultiChoice Ownership to 40.01%
Speculation has arisen regarding Canal+'s potential to acquire a majority stake in MultiChoice, surpassing the 50% threshold.