Justice Emeka Nwite, today, denied bail to Tigran Gambaryan, a Binance employee facing charges of money laundering and terrorism financing. The decision has been met with strong condemnation from Binance, who asserts that the charges against Gambaryan are “meritless.” The atmosphere in the courtroom was tense as the judge announced…
Author: Smart Megwai
Liquid Intelligent Technologies, a pan-African technology leader, and Eutelsat Group, a global satellite operator, announced a strategic distribution partnership today to expand low Earth orbit (LEO) satellite services. This collaboration will bring enterprise-grade LEO satellite services to a broader range of businesses and communities across the continent. This partnership is…
The Nigeria Data Protection Commission (NDPC) has officially granted a license to the Institute of Information Management (IIM) to conduct examinations and certify data protection professionals within the country. This decision aims to cultivate a robust domestic talent pool of certified data protection officers, addressing the growing demand for expertise…
Leading telecommunications companies Orange and Vodacom are reportedly engaged in discussions to form a strategic partnership in Africa, aimed at reducing costs and expanding network coverage across the continent. This potential collaboration could revolutionise the African telecommunications landscape, bringing enhanced connectivity and digital services to millions. Sources reveal that the…
In a surprising turn of events, BritBox, the UK-centric streaming service, is set to bid farewell to South Africa after a relatively short three-year stint. This unexpected exit, confirmed by the company to multiple sources including MyBroadband and TechCentral, marks the end of an era for local Anglophiles who have…
In a harrowing tale of survival amidst tragedy, 29-year-old electrician Delvin Saers from Mossel Bay Town in South Africa was pulled from the rubble of a collapsed building in George after enduring over 24 hours trapped beneath the debris. Saers’ rescue, facilitated by desperate voice notes he sent to his…
MultiChoice Africa Holdings (MAH), a leading provider of entertainment and educational content across the continent, and Uganda’s Ministry of ICT and National Guidance have announced a strategic partnership aimed at bolstering local content production, promoting digitalization, and fostering skills development within the country’s creative industries. The Memorandum of Understanding (MoU)…
Zeepay, fresh off a $3 million equity investment from Verdant Capital Hybrid Fund, has secured regulatory approval from the Bank of Ghana (BoG) for its outbound money transfer service. This landmark achievement establishes Zeepay as the first mobile money operator to receive such authorization under the BoG’s regulatory sandbox framework.…
TikTok, the social media giant renowned for its short-form video content, is testing the waters of long-form video with a new feature allowing select users to upload videos up to 60 minutes in length. This strategic move marks a significant shift from the platform’s signature bite-sized videos and positions it…
Internet services across East Africa are back online after a four-day outage triggered by damage to two crucial undersea cables, EASSy and SEACOM. The disruption, affecting Kenya, Uganda, and other nations, was confirmed resolved on May 16th by major providers like Safaricom and Airtel Uganda. However, the return of connectivity…
The recent suspension of Nigeria’s cybersecurity levy has sparked a nationwide conversation about the best way to fund and strengthen the country’s digital defenses. While the levy aimed to raise funds for cybersecurity initiatives, its abrupt halt leaves us pondering: was it the right solution? The levy, which imposed a…
Flutterwave, Africa’s renowned fintech unicorn, has confirmed a security breach that resulted in the unauthorised transfer of ₦11 billion ($7 million) to several accounts in April 2024. However, the company vehemently asserts that no customer funds or data were compromised during the incident. The breach, the fourth reported in the…
As the digital landscape in Nigeria continues to evolve, the National Information Technology Development Agency (NITDA) is taking proactive steps to ensure a safer and more responsible online environment. In a recent meeting with representatives from TikTok, the popular social media platform, discussions centered on the crucial role of content…
The Corporate Affairs Commission (CAC) is embracing digital transformation to streamline business registration in Nigeria. By harnessing the power of artificial intelligence (AI), the agency aims to slash registration times from days or weeks to mere minutes, making it significantly easier for entrepreneurs to launch their ventures. This ambitious move,…
At the recent Nigerian International Book Fair in Ibadan, Accessible Publishers Ltd. unveiled their groundbreaking e-learning platform, StudyBase, poised to transform education across Nigeria. Designed to empower students, teachers, and schools, StudyBase offers a comprehensive suite of features aimed at enhancing the learning experience and addressing the challenges facing Nigeria’s…
Following recent directives from the Central Bank of Nigeria (CBN) and the Corporate Affairs Commission (CAC) mandating PoS agent registration, the National Association of Mobile Money and Bank Agents in Nigeria (AMMBAN) is escalating its opposition. The association is preparing to take legal action against the CAC, arguing that the…
MTN Rwanda has taken a significant step towards environmental responsibility by launching the nation’s first-ever paper-based biodegradable SIM cards, known as “bioSIMs.” This initiative is a significant addition to the telecom provider’s sustainability portfolio and aligns with both Rwanda’s Green Growth and Climate Resilience Strategy and the MTN Group’s broader…
The Nigerian Securities and Exchange Commission (SEC) is poised to unveil a series of stringent regulatory measures aimed at curbing the crypto market within the country. A key component of this crackdown, according to SEC Director General Emomotimi Agama, will be the delisting of the Nigerian naira from peer-to-peer (P2P)…
Prominent civil society organization Socio-Economic Rights and Accountability Project (SERAP) has issued a 48-hour ultimatum to President Bola Tinubu, demanding the immediate revocation of the Central Bank of Nigeria’s (CBN) controversial cybersecurity levy and threatened legal action if the order is not rescinded. SERAP strongly condemns the 0.5% levy on…
The democratic process faces a new breed of adversary – not foreign powers or shadowy groups, but sophisticated AI algorithms capable of generating highly convincing deepfakes. Amidst a looming ‘disinformation arms race’ with potentially dire consequences for elections worldwide, Microsoft and OpenAI are taking action. The tech giants announced a…