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automobiles

Airtel Money introduces ‘Paybill Rudishiwa’ to give back 50% transaction fees as airtime

Airtel Money on Thursday introduced ‘Paybill Rudishiwa,’ as a means of giving back 50 percent of paybill transaction fees as airtime to customers. This incentive is available to customers making payments to over 2 million merchant paybills in Kenya. Paybill Rudishiwa not only enhances value but also ensures users stay connected throughout the festive period. […]

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U.S. lawmakers accuse State Department of discriminating against Nigerians, Kenyans in high visa rejections compared to Asians

Three U.S. lawmakers—Gwen Moore, Sheila Jackson Lee, and Sara Jacobs—have rebuked the U.S. State Department under Secretary Antony Blinken for disproportionately rejecting student visa applications from Nigeria, Kenya, Ghana and other African nations while approving far more visas for applicants from other regions, particularly Asia.   In a letter addressed to Blinken on January 24, […]

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Trending in Africa tech space

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Power outage halts Tanzania’s electric train services, stirs concerns over grid stability

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Google hires new country director for South Africa

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OX Delivers expands electric fleet across East Africa with $163 million agreement

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Yasiri: Making quality education abroad accessible to African students

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NECO expands global reach by accrediting foreign institutions in Niger Republic, Equatorial Guinea

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Ghana, Gambia partners to implement ECOWAS Free Roaming Initiative, to reduce cross-border communication costs

Fintech

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Bank of Tanzania to begin accepting applications for Fintech Regulatory Sandbox in January 2025

The Bank of Tanzania (BOT) has opened applications for its Fintech Regulatory Sandbox, which will be open from January 2 through 22, 2025. This project aims to foster innovation and financial innovations by providing a regulated testing environment. Under the Bank of Tanzania (Fintech Regulatory Sandbox) Regulations 2024, the sandbox was created to facilitate the […]

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Cryptocurrency

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Yellow Card targets Nigerian crypto market with SEC approval

Yellow Card, a prominent crypto exchange in Africa, on Thursday announced its intent to secure regulatory approval from Nigeria’s Securities and Exchange Commission (SEC).  This move follows the company’s recent acquisition of a Crypto Asset Service Provider (CASP) licence in South Africa, showcasing its commitment to expanding its operations in Nigeria’s evolving crypto landscape. Read […]

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Product Review

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New iPhone16 suggests high battery capacity

With the iPhone 16 leaks making headlines, anticipation for Apple’s latest smartphone release is at an all-time high.  Among the plethora of leaked details, one aspect that has caught the attention of tech enthusiasts is the reported battery capacities. Let’s delve into the revelations provided by analyst Majin Bu and explore the potential implications for […]

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Startups

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Bolt expands accelerator program to South Africa, offers R40,000 funding to startups

Bolt officially expanded its Accelerator Programme to South Africa on December 4, 2024. This initiative aims to empower local entrepreneurs, particularly Bolt drivers and their families, by providing seed funding and mentorship.  Following successful launches in Nigeria, Ghana, and Kenya, Bolt is now seeking 10 startups to receive €20,000 (approximately R380,000) in funding. Read also: […]

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Tech with Pelumy

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Safaricom records KES 17.5 billion loss as Ethiopian birr depreciates

Safaricom’s profit in Ethiopia plunged by 17.7 percent to KES 28.1 billion, down from KES 34.1 billion, according to the company’s half-year financial report released on Thursday. As one of Africa’s leading telecom operators,  the decline in profit for the half-year that ended September 30, 2024 was largely attributed to the depreciation of the Ethiopian […]

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AI

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OpenAI considers monetising ChatGPT, other AI products with ads

OpenAI, the creator of ChatGPT, is mulling the introduction of advertisements for its AI products and offerings. This potential shift was announced on Monday during an interview with CFO Sarah Friar.  She emphasised the company’s commitment to being “thoughtful about when and where we implement them” as it explores this new revenue stream. Read also: […]

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