This Week: New legislation in Uganda

Editor’s Notice

Week 40, 2022
Learn time: 5 minutes

Governments throughout Africa appear to be on a quest to trample on residents’ digital rights. In Uganda, the Pc Misuse Invoice turns into legislation, whereas Nigerians threat turning into collateral harm within the authorities’s ongoing swimsuit towards Meta. Learn on to search out out extra about this and different tales from TechCabal this week.

Contract Editor

Pamela Tetteh Editor, TechCabal.

Editor’s Picks

	Pc Misuse Invoice turns into Ugandan legislation A month after the Ugandan parliament handed the controversial Pc Misuse (Modification) Invoice, Ugandan president Yoweri Museveni has signed it into legislation. Many critics imagine that the federal government will misuse the invoice to infringe on civil and digital rights. Read more.
	Zimbabwe and Namibia embrace CBDC This week, 2 Southern African nations, Zimbabwe and Namibia, expressed sturdy curiosity in central financial institution digital currencies (CBDC). Zimbabwe introduced that it’s working by itself CBDC and Namibia acknowledged that it’s critically contemplating creating a Namibia Greenback CBDC. Learn more.
	Airtel Cash and M-Shawri change into impartial Not like human mother and father who preserve their kids shut to guard them, enterprise mother and father do the other. Dad or mum firms of fintech merchandise M-Shawri and Airtel Cash have separated from them to protect them from the dangers of the telecom enterprise. Extra separations lie forward. More details here.
	Orange Cash strikes in Botswana Orange could have sliced off greater than it may possibly juice. The cell cash service minimize the commissions of its brokers in Botswana by 60%. In response, the sellers and brokers have gone on what appears to be a nationwide strike. Read about it.

	Port Harcourt to tax Bolt drivers In Port Harcourt, a number of Bolt drivers have been alerted that they’ll now need to pay ₦12,000 to the state’s transport ministry to register their automobiles, in addition to ₦200 month-to-month, to function within the state. The drivers suspect foul play and are reluctant to conform. Read Bolt’s response.

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	Be Cellular Africa launches EUR & USD accounts Be Cellular Africa has launched a platform that can allow clients to open USD and EUR enterprise accounts on-line inside 48 hours. That is welcome information at a time when African companies are shedding entry to international trade services offered by banks. More details.
	MTN’s 5hr outage in SA Three days in the past, there have been over 1,500 MTN customers throughout South Africa reported that between 11:30 AM and three PM they couldn’t entry voice or information providers within the area, together with company customers. Apparently, MTN isn’t all the time all over the place you go. Learn more.
	Soccer in 4K is coming to Africa Cristiano Ronaldo and different footballers enjoying on the FIFA World Cup shall be caught in 4K. South African streaming service Showmax introduced that viewers in sub-Saharan Africa will be capable to stream the video games in 4K decision for the primary time ever. Read more.
	Fb adverts to value extra in Nigeria It’s getting an increasing number of costly to be Nigerian. Nigerians could need to pay ₦25,000 ($57.5) to ₦500,000 ($1,151) to promote on Meta’s platforms—Fb and Instagram, if the social media big loses an ongoing lawsuit with the Promoting Regulatory Council of Nigeria. Read more.

Who introduced the cash this week?

Egyptian fintech Telda, raised $20 million in seed funding from GFC, Sequoia capital and Block with the target to revolutionize finance for the MENAP Area.
Flapkap, a MENA-based firm that provides revenue-focused financing to e-commerce manufacturers, received $3.6 million in seed funding. QED led the spherical, and different traders included Nclude, A15, and Outliers.
Nigeria-based information and intelligence firm Stears, raised $3.3 million in seed funding.
Nigeria’s Lifestores healthcare, a pharmaceutical enterprise, raised $3.3 million in pre-series A funding led by Health54.
Egyptian magnificence providers firm, Glamera raised $1.3 million in a seed funding spherical led by Riyadh Angels Traders (RAI).
Egyptian tech-enabled market iSUPPLY, raised $1.5 million in a pre-seed spherical led by Disrupt Techventures and different undisclosed traders.
Prop supply, a South African proptech firm raised an undisclosed quantity of funding to develop its residential product providing.
Vezeeta, an Egyptian healthtech firm, raised an undisclosed quantity of funding from present traders comparable to Golf Capital and VNV International.