Samsung South Africa has announced the launch of its Equity Equivalent Investment Program (EEIP), which will provide R280 million to South African tech companies over a period of 10 years. At the core of this initiative lies a bold objective: to empower Black-owned and women- owned businesses in the ICT…
Author: Jessica Adiele
Mastercard has teamed up with Dinarak, Jordan’s mobile wallet innovator, to increase digital payment adoption across the country. The 7 July 2025 press announcement confirmed their goal: deploy digital-first multi‑currency prepaid cards and premium prepaid offerings that extend financial services to underserved populations in Jordanian communities. Since being licensed by…
Kuda Bank, one of Nigeria’s most prominent digital-first financial institutions has launched a new multicurrency wallet feature that will be available starting with support for U.S. dollars. The Kuda app has been updated to allow users to send, receive, hold, and convert USD directly, which is a welcome development in…
After weeks of disruption, Nigerian telecom operators have confirmed the resumption of SIM swap services, which were temporarily suspended due to issues linked to the National Identity Management Commission (NIMC). The service is reportedly being restored nationwide, as per various sources and public statements from major telcos. But while it’s…
FirstBank of Nigeria has officially launched a new facial biometric authentication feature for its mobile banking app, signaling a bold move toward a more secure and frictionless digital banking experience. Passwords, PINs and physical tokens are no longer necessary as customers can use the feature to log in and authorize…
After almost a decade of speculation, failed talks, and obscure tweets, Tesla is now poised to enter India. The electric vehicle (EV) giant is set to establish a manufacturing presence in the world’s third-largest auto market, marking a significant milestone in its global expansion strategy. It has been a challenging…
The online job search giant Indeed and its sister company Glassdoor have announced their intentions to lay off approximately 1,300 employees, which accounts for roughly 15% of their combined workforce. According to Recruit Holdings, the move is part of a larger plan to streamline operations and increase the integration of…
On a global scale, Nigeria is now doubling down on its tech ambitions. Through a new strategic partnership with GITEX Global, one of the largest tech exhibitions in the world and expand to include 300 youth-led startups who will present their solutions at the Expand North Star event in Dubai.…
The National Identity Management Commission (NIMC) has announced that it will now waive the ₦28,574 fee usually charged for correcting a date of birth on the National Identification Number (NIN), but only under specific conditions. The NIMC has announced that individuals who experienced errors in the registration process due to…
MTN Uganda is broadening the scope of its mobile money platform, MoMo, with the goal of driving greater financial inclusion and unlocking new economic opportunities for individuals and businesses across the country. MoMo’s expansion is a continuation of the telecom giant in-house efforts to transform it from merely an online…
The most strategic AI acquisition of Meta was quietly concluded in July. Play AI, a company that produces AI-generated natural voices, has been confirmed as taken over by internal memos and news organizations, with its entire team set to join Meta. The acquisition is intended to enhance Meta’s audio capabilities…
The Dangote Refinery’s decision to lower the ex-depot (gantry) petrol price by ₦820 per litre down from ₦840 appears to be a bold move aimed at changing Nigeria’s fuel dynamics. The firm’s X profile, as confirmed by multiple media outlets, indicates a rapid shift in pricing approach that may extend…
If your Gmail inbox has become a jungle of newsletters, coupon alerts, and forgotten mailing lists, there’s finally a machete to cut through the chaos. Google recently introduced a “Manage Subscriptions” feature, enabling users to view all active subscriptions in one place and unsubscribe with a single click. It appears…
Kuda Technologies latest figures show a record-breaking 14.3 trillion transactions made in the first half 2025, with over 300 million operations. A staggering 8.5 trillion was generated by retail users, with the remaining amount coming from its business banking arm. The number of business transfers alone surpassed ₦1.5 trillion, and…
Jack Dorsey’s latest tech venture, Bitchat (which sounds like a weekend project) is incredibly intriguing as it offers hints at the growing trend of secure and decentralized communication. In early July, the Twitter co-founder released a beta version of Bitchat through TestFlight, which also included supplementary whitepaper on GitHub. All…
Redington Turkey and Mastercard have recently formed a partnership that appears to be both timely and strategic, in midst of rapidly evolving cyber attacks. It’s not a flashy acquisition or merger, but rather preparing for heightened digital dangers through synchronized attacks. Redington Turkey, part of the global Redington group with…
Xiaomi’s new product, the Redmi Pad 2, is not just a budget-friendly tablet, but also offers several features that are typically found in midrange models. By combining the tablet’s impressive 60Hz refresh rate, quad Dolby Atmos speakers with a slim build of just 9,000 mAh battery, and Helio G100Ultra chipset,…
The passing of the Nigeria Data Protection Act (NDPA) has sparked concerns about whether it might mirror data privacy laws in other countries. Recently, Multichoice was sanctioned by the NDPC and fined over ₦766.2 million. It’s not just a legal matter; this fine is merely an ironic restriction. Multichoice, which…
Flutterwave, one of Africa’s most prominent financial technology firms, has marked a major step in its international growth by revamping and reintroducing its Send App to users across a broader range of U.S. states. This follows the company’s successful acquisition of 20 new Money Transmitter Licenses (MTLs), boosting its total…
Many industry observers were taken aback by Amazon’s announcement to quietly shut down its standalone Freevee streaming app in August. Freevee Originals, licensed movies and Live TV users will have to switch to Prime Video – which is still free with no subscription and heavily supported by advertisers. The statement…