kenya’s e-citizen payment continues to glitch today
Kenyan users who seek services through the e-Citizen platform will continue to face various transaction challenges. Such include slow payment processing time, resulting in the customer’s delay in accessing services, while others…
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Is Nigeria Finally Ready for Crypto? SEC To Issue Crypto Licenses in August
Nigerian Securities and Exchange Commission (SEC) announced it will begin issuing crypto licenses in August 2024.…
Zone, NIBSS Collab To Make POS Payments Use Blockchain Tech
The Nigerian blockchain payment infrastructure, Zone has partnered with the Nigerian Inter-Bank Settlement Scheme (NIBSS) to…
Twiga Foods Faces Tough Times, fires 59 Employees
The Kenyan Agritech startup, Twiga Foods will lay off 59 employees as it plans to restructure…
MTN’s Billion-Dollar Mistake: The Visafone Story
The Visafone chapter has closed for MTN, but not without a hefty price tag. The company…
Nigeria Squanders Over ₦100 Billion on Unproductive Space Program
Between 2021 and 2023, Nigeria spent ₦101.744 billion on its space program, which 2016 promised to…
Hohm Energy in Trouble Months After $8M Raise, CEO Resigns
The South African solar startup, Hohm Energy, is currently suspending operations due to financial challenges, including…
Jumia Cuts Losses to $19M (₦30bn) Despite Forex Challenges
In its pursuit of profitability, Jumia meticulously reduced losses in Q2 2024 through sales and marketing…
Kenya Reduces Interest Rate to 12.75% Amid Cooling Inflation
In July, the Central Bank of Kenya (CBK) announced it would reduce the interest rate by…