South Africa approves $86 million for e-policing

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Editor’s Notice

Week 22, 2023
Learn time: 5 minutes

In South Africa and Nigeria, it looks as if the pockets of residents and the federal government are getting fairly the heatwave because of skyrocketing gas costs. Make amends for the scorching information and extra from all throughout Africa.

Pamela Tetteh Editor, TechCabal.

Editor’s Picks

	SA approves $86 million for e-policing The Gauteng province in South Africa has given the inexperienced mild to R1.7 billion ($86 million) for e-policing. This eye-popping sum shall be used to accumulate crime-fighting devices, together with drones. Learn more.
	Nigeria ends gas subsidies Nigeria has ended gas subsidies. This transfer has despatched transportation costs hovering to new heights. Now, it’s fueling fairly a debate about the way forward for work within the nation. Will people must pedal their technique to the workplace? Learn more.
	Eskom suffers from gas inflation Gasoline can be burning holes in authorities pockets in different African international locations.The bills of South Africa’s state-owned energy utility, Eskom, have greater than doubled as a consequence of the price of gas. Learn more.
	CBN denies naira devaluation The Central Financial institution of Nigeria (CBN) dismissed claims that it devalued the naira to ₦630 per $1 from the ₦461 it beforehand was. Learn more.
	Zero tax for EV producers Throughout the West Africa Automotive Present, Nigeria declared a jaw-dropping 10-year tax “brake” for all electrical automobile producers. Speak about revving up the inexperienced revolution! Learn more.
	Multichoice dabbles in funds As DStv grapples with its TV troubles, Multichoice dives into the fee sport. It has launched a brand-new fee platform in partnership with Rapyd and Basic Catalyst. Learn more.
	Kenya discontinues Humda After spending thousands and thousands of {dollars}, Kenya has paused the roll out of digital ID Huduma Namba. Nevertheless, the brand new authorities is making an attempt out different digital IDs. Learn more.

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Second stage of Hustler’s fund

Kenyan president, William Ruto, has kicked off the sequel of the Hustlers Fund. This time round, the federal government will prolong the help to Chamas and SACCOs

Learn more.

500,000 prospects affected by knowledge breach

South African retail big JD Group has introduced that it suffered an information breach that uncovered the private info of over half 1,000,000 of its prospects.

Learn more.

NearPay wins award at GITEX

Nigerian fintech start-up Nearpays received the coveted Fintech and Blockchain Expertise on the inaugural Gitex Africa tech convention in Marrakech, Morocco.

Who introduced the cash this week?

Morrocan PrestaFreedom, a house providers market, raised $1.1 million in an undisclosed funding spherical from Azur Worldwide Fund.
Zofi, an Uganda-based fintech firm, raised $1 million in pre-seed funding from Advancly, a Nigerian-based investor Advancly.
Moroccan well being tech firm DataPathology received $1 million in an undisclosed funding spherical from Azur Innovation Fund.
Zydii, a Kenya-based digital coaching firm, raised an undisclosed quantity in a pre-seed funding spherical from DOB Fairness, Kua Ventures, Kaleo Ventures, and NaiBAN.