Author: Smart Megwai

Smart is a technology journalist covering innovation, digital culture, and the business of emerging tech. His reporting for Innovation Village explores how technology shapes everyday life in Africa and beyond.

The popular Netflix documentary ‘Free Money’, which explores a universal basic income experiment in a Kenyan village, has landed the streaming giant in hot water. “Four Kenyans have filed a lawsuit,” Business Daily reports, “against the producers, alleging that their poverty was commercially exploited without their informed consent.” The plaintiffs…

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“There’s a credit-building problem and remittance issue for Africans globally,” the Founder and CEO of Kredete told Innovation Village in an exclusive interview, shedding light on the groundbreaking financial technology company he’s built to bridge the financial gap for African immigrants. Fresh off a successful $2.25M seed funding round, Kredete…

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Nigerian investment startup Rise has further solidified its presence in the African fintech landscape with the successful acquisition of Kenya’s stock trading platform, Hisa. This strategic move marks Rise’s second acquisition in less than a year, following its takeover of another digital trading platform, Chaka, in September 2023. The deal…

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Chipper Cash, a leading cross-border payments platform, has secured a broker-dealer license from the Ghana Securities and Exchange Commission (SEC). This significant milestone grants Chipper Cash direct access to Ghana’s financial markets, allowing the company to offer a wider range of services to its customers. Dion Jon Taylor Samson, the…

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Pick n Pay, one of South Africa’s leading retail chains, has announced plans to close or rebrand around 100 stores as part of a broader restructuring strategy. The decision comes amidst a period of stagnant growth and declining profitability for the retailer. In a recent trading statement covering the 21…

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The Federal Government of Nigeria has announced plans to commence the rollout of a 90,000-kilometer fibre optic cable network across the country in February 2025. This ambitious project aims to significantly expand Nigeria’s broadband infrastructure, increasing its backbone network from 35,000 kilometers to 125,000 kilometers. The Minister of Communications, Innovation,…

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