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Nigeria’s telecom regulator, Nigerian Communications Commission has rejected the recent increase in the prices of voice and data services by telecom operators in the country. This hike, a 10% tariff increase, is the latest effort…
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South Africa’s Financial Sector Conduct Authority (FSCA), through the Financial Advisory and Intermediary Services (FAIS) Act, has declared that cryptocurrency assets are classified as financial products, allowing them to be regulated. However, the FSCA’s head…
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After two years of litigation, pan-African fintech company Cellulant said it has arrived at a mediated out-of-court settlement with its co-founder, ex-co-CEO, and former head of its Nigerian operations, Bolaji Akinboro. Akinboro has been cleared…
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The latest African startup to close shop is Notify Logistics. Why? You guessed right, they also ran out of money. The company, whose business model bears a close resemblance to Adam Neumann’s WeWork, leased office…
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ecosystem By Ngozi Chukwu Oct 21, 2022 Image source: Techcabal Get the best African tech newsletters in your inbox TC Daily Next Wave Events Weekender More from this author Newsletters This Week: The Nigeria Startup…
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Moove, an automobile financing firm, has raised £15 million from Emso Asset Management to scale its recently launched operations in the United Kingdom. This recent funding comes two months after Moove expanded into London with…
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Ask An Investor By Ngozi Chukwu Oct 20, 2022 Image source: Techcabal Get the best African tech newsletters in your inbox TC Daily Next Wave Events Weekender More from this author ecosystem FoondaMate expands to…
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In February, right at the tipping point of the Russo-Ukrainian conflict, the lives of 76,000 international students were thrown into disarray. Many of these students—19,000 of them African—had left their home countries for the relatively…
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South African media company Primedia, announced that it has purchased land in Africarare’s Ubuntuland metaverse. The company made the announcement at its inaugural PrimeX event in Johannesburg, adding that the move is in line with…
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South African mobile network operator, Telkom has announced that MTN has decided to step away from acquisition talks which started in July 2022. MTN has also confirmed its withdrawal from the negotiations. Telkom stated that…
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Several things formed memories for people of different generations when they were growing up. And it’s sometimes impossible for people to relate to popular experiences in the same way even if they were born in…
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Social commerce is a fast-growing sector, particularly on the African continent. Over 384 million Africans use social media, and there are over 281 million online shoppers on the continent. The market is predicted to grow…
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