In a dramatic turn of events, the Johannesburg High Court, has given its ruling in favor of streaming service Showmax to air the much awaited four part documentary “Tracking Thabo Bester.” The decision came after a last minute bid by…
The WeCare Foundation, a philanthropic organization dedicated to sustainability, has achieved a significant milestone with the successful fundraising of $350,000. This funding will be specifically directed towards accelerating innovation within the lab-grown diamond sector. This achievement marks a pivotal moment…
Wema Bank Plc., a prominent financial institution in Nigeria renowned for its innovative banking practices, recently made a strong statement by ending multiple partnerships with fintech companies. This strategic decision was made to protect customer funds and address the issue…
The Central Bank of Nigeria (CBN)’s directive mandating the linkage of National Identity Numbers (NIN) to all tier-1 bank accounts by March 1, 2024, has passed with a significant portion of banks yet to implement the policy. This has left…
Colombian fintech Minka expands into Africa. Colombian cloud-based fintech startup Minka has announced plans to expand its operations into Africa. The first phase of this expansion will see Minka setting up shop in Eastern and Southern African countries, including Kenya,…
In an exciting development for the fintech landscape in the MENA region, FlapKap, an Egypt-born and Abu Dhabi-based fintech platform, has successfully raised $34 million in a pre-Series A funding round. This significant financing comes nearly two years after the…
Kenya has made a significant move in making use of the transformational power of Artificial Intelligence (AI) by declaring that it will work on developing an all-inclusive National AI Strategy. This initiative, which was launched on April 8, 2024, in…
MultiChoice Nigeria chaos: MultiChoice, a leading video entertainment provider in Africa, is facing a number of challenges in the Nigerian market. The Nigerian economy is currently experiencing a period of instability, characterized by currency volatility and high inflation. These economic…
The South African Competition Commission has prohibited the proposed merger between Vodacom and Maziv, a mobile virtual network operator (MVNO). The decision, which was announced on Friday, follows an extensive hearing process in which the Commission heard arguments from both…
MTN South Africa has remained unconcerned regarding Vodacom’s ongoing efforts to merge with Maziv, a fiber infrastructure company. As the Competition Tribunal continues to hear testimonies from various witnesses about this proposed merger, MTN remains unconcerned about the potential implications…
