November 16, 2024
Facebook-f Twitter Instagram Youtube
Subscribe
  1. Home
  2. Technology

Category: Technology

Fin South Africa companions with NHFC to disburse housing loans to South Africans
Technology

Fin South Africa companions with NHFC to disburse housing loans to South Africans

South African fintech startup Fin announced that it has signed a First Home Finance Subsidy Memorandum of Understanding with the National Housing Finance Corporation (NHFC).  The MOU will see Fin become the first non-bank intermediary…

Do South African startups exit too early? Specialists have their say
Technology

Do South African startups exit too early? Specialists have their say

Since 2015, more than one-third of acquisitions in the African tech space have involved South African companies. Does the hypothesis that some of the exit deals are premature legitimate? South Africa is and has, for…

Airtel Africa experiences 5% decline in revenue for Q1 2023
Technology

Airtel Africa experiences 5% decline in revenue for Q1 2023

Despite a growth in revenue, Airtel Africa has reported a 5% drop in their profit for the first quarter of the year. Airtel’s CEO cites the challenging operating environment and worries about currency devaluation.  According…

Early days, however Safaricom’s Ethiopian enterprise may repay
Technology

Early days, however Safaricom’s Ethiopian enterprise may repay

It has been over seven months since mobile network operator Safaricom officially launched shop in Ethiopia. There are clear signs the company has grown, having onboarded a little more than 3 million customers on its…

M-KOPA closes one in all Africa’s greatest rounds at $250m
Technology

M-KOPA closes one in all Africa’s greatest rounds at $250m

M-KOPA closed a $75m drive back in February 2022. Today, the lender, which also offers other fintech-based services has supplemented its finances with a fund led by Standard Bank Group and has plans to venture…

Nigeria’s new blockchain coverage leaves crypto within the chilly
Technology

Nigeria’s new blockchain coverage leaves crypto within the chilly

With its latest national blockchain policy, Nigeria seems to be going big on blockchain technology. But the West African nation does not seem to be welcoming crypto anytime soon—blockchain policy or not.  On May 3rd,…

Eclipse Nkasi created a complete music album in three days with AI and thinks everybody else ought to too
Technology

Eclipse Nkasi created a complete music album in three days with AI and thinks everybody else ought to too

To prove that AI could create compelling music on a budget, Eclipse Nkasi, created an AI music album in three days with less than $500.  Image source: Dall-E/Ngozi A few months ago, AI-generated images could…

Kenya says Sama should pay salaries
Technology

Kenya says Sama should pay salaries

Lire en français Read this email in French. Editor’s Note Week 19, 2023 Read time: 5 minutes The weekend is here, let us rejoice! Start off your weekend reading the compelling stories that await you…

How an Ecoplexus ponzi scheme scammed Batswana hundreds of thousands
Technology

How an Ecoplexus ponzi scheme scammed Batswana hundreds of thousands

When Tshepang Katso* got the Whatsapp invite from a friend to join an “Ecoplexus investment group”, she was told that it would be like “downloading money from the internet.” It was not until this week,…

South Africa to begin paying people and companies for saving electrical energy
Technology

South Africa to begin paying people and companies for saving electrical energy

South Africa government plans to introduce incentives for individuals and businesses to save electricity. According to South Africa’s Electricity minister Kgosientsho Ramokgopa, the South African government will provide a financial incentive for demand reduction by…

Zimbabwe backs new digital cash with 140kgs of gold, however IMF has considerations
Technology

Zimbabwe backs new digital cash with 140kgs of gold, however IMF has considerations

Southern African country Zimbabwe has backed its new digital money with 140kgs of gold as part of efforts to support the currency. This is despite the IMF’s warning that the policy may lead to the…

SA’s competitors authority greenlights sale of nationwide airline
Technology

SA’s competitors authority greenlights sale of nationwide airline

After 11-months of vetting the transaction, South Africa’s competition authority has given a thumbs up to sale of the country’s national airline. South Africa’s Competition Commission has given the green light to Takatso Consortium to…