Nigeria’s digital lending boom was built on small, instant loans between ₦5,000 ($3.61) and ₦10,000 ($7.21) disbursed within minutes on sleek apps. But that model is beginning to shift. Digital lenders across the country are retreating from small-ticket loans, shifting toward larger loans and borrowers with verifiable income as regulatory pressure, tighter privacy rules, and
Bolt and WANATU have secured their e-hailing operator licences ahead of South Africa’s March 11 deadline, clearing a key hurdle in the country’s first serious attempt to regulate its e-hailing industry. In a statement shared with TechCabal, Bolt said it received its Certificate of Registration from the National Public Transport Regulator (NPTR) on February 27.