South Africa’s vibrant fintech sector is set to experience a significant transformation with the upcoming introduction of the Conduct of Financial Institutions (COFI) Bill.  This pivotal legislation aims to streamline and unify the complex web of financial regulations into a cohesive industry standard, potentially reshaping the operational landscape for financial institutions across the board. Consolidating […]

SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, is launching SOLV Ghana, a business-to-business (B2B) online marketplace that offers micro, small, and medium enterprises (MSMEs), short-term invoicing financing, buy now pay later services, and business loans via a trusted marketplace of verified buyers and sellers. Empowering MSMEs in Ghana “At SOLV, our mission […]

PalmPay, a leading Fintech company, has bolstered its in-app safety features to shield users from the surge in fraudulent activities within the digital banking system. The increase in fraudulent incidents has particularly impacted the fintech ecosystem in Nigeria, with Mobile, Web, and Point of Sales (POS) terminals being prime targets for fraudsters in 2023. The […]

MoneyHash, an Egyptian fintech startup, has recently secured a significant milestone by raising $4.5 million in seed funding. This injection of capital signals a vote of confidence in MoneyHash’s vision to transform the landscape of financial transactions across Africa. At its core, MoneyHash aims to facilitate payments in Africa through innovative fintech solutions, leveraging technology […]

Choosing the right robot vacuum for your needs can be overwhelming, especially when comparing high-end models like the iRobot Roomba j7+ and the Roborock S7 MaxV Ultra.  Both offer impressive features and boast intelligent navigation, powerful cleaning, and convenient self-emptying docks. However, some key differences might influence your decision. When tackling dirt, dust, and debris, […]

The Federal Government of Nigeria’s government has detained two senior executives of Binance, a prominent cryptocurrency exchange company in Africa. This move comes in the wake of escalating tensions surrounding the regulation of cryptocurrencies in the country, with significant implications for both the financial sector, national security and the Nigerian economy. The Arrest and Regulatory […]

Data storage is essential for businesses because it helps with operations, efficiency, and expansion. Businesses are able to keep track of a plethora of information, including client purchases, product specifications, and market tendencies, due to data storage. When used for research, decision-making, and strategy development, this data is invaluable. It makes it easier to meet […]

A new electric motorcycle venture has been launched in Kenya, thanks to a partnership between Kofa, a Ghanaian energy storage company, and Autopax, a Kenyan assembly and distribution company.  The venture aims to provide sustainable and affordable transportation solutions for the African market, especially for boda-boda services, corporate fleets, and personal use. The partnership was […]

SHELT Global Limited, a European cybersecurity firm that provides managed Security Services (MSS) to leading institutions in Europe, the Middle East, and Africa, has announced the launch of its new headquarters and training academy in Lagos, Nigeria.  The launch was celebrated recently with a cocktail party attended by SHELT’s clients and partners, who were given […]

Jeff Bezos, the founder and former CEO of Amazon, has recently made headlines with his substantial sale of Amazon stock, amounting to billions of pounds.  This move has sparked curiosity and speculation about its implications for Bezos, Amazon, and the broader market. Understanding the context, motivations, and potential outcomes of such a significant divestment is […]

At the Mobile World Congress, Lenovo revealed an intriguing ThinkBook Transparent Display Laptop concept. This cutting-edge gadget has a 17.3-inch transparent MicroLED display. When the display is off, people may see through it thanks to its up to 55% transparency. When illuminated, it reaches a peak brightness of 1000 nits and becomes entirely opaque, but […]

With effect from February 2024, Ifeanyi Odoh will take over as Country President for Schneider Electric Kenya, a worldwide leader in energy management and automation. From his position as South East Asia’s Strategy and Transformation Leader overseeing Vietnam and Cambodia, Ifeanyi moves to Schneider Electric Kenya. Ifeanyi is a seasoned company executive who has championed […]

Intellect Design Arena Ltd, a cloud-native fintech firm serving banking and insurance clients across the globe, has launched its ‘first principles’ technology suite, ‘eMACH.ai’, tailored for bankers in the Middle East and Africa.  This suite, an open finance platform, is based on five core principles: configurability, richness, scalability, ease of integration, and composability. It empowers […]