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    Innovation Village | Technology, Product Reviews, Business
    Legal

    FCCPC expresses concern as Loan Apps persistently violate regulatory framework

    By Smart MegwaiFebruary 5, 2024

    The Federal Competition and Consumer Protection Commission (FCCPC) has raised an alarm regarding a surge…

    Funding

    Tappi secures investment from Renew Capital Angels for expansion

    By Staff WriterFebruary 5, 2024

    Fresh from announcing a pre-seed raise of $1.5 million in December 2023, Tappi has secured…

    Media

    Multichoice Rejects $2.5 Billion Acquisition Offer from Canal+

    By Staff WriterFebruary 5, 2024

    Pan-African pay-TV operator Multichoice has officially turned down a $2.5 billion acquisition offer from French…

    Africa

    KoinKoin and SR FINANZMANN secure $2m in the latest funding round, bolstering their Corporate OTC operations

    By Tapiwa Matthew MutisiFebruary 5, 2024

    FinTechs KoinKoin and SR FINANZMANN have successfully raised a $2 million private funding round, significantly…

    Business

    Okta plans to lay off roughly 400 employees, constituting 7% of its workforce

    By Tapiwa Matthew MutisiFebruary 4, 2024

    Identity management firm Okta announced on Thursday plans to lay off approximately 400 employees, constituting…

    Apple

    Apple CEO Tim Cook hints at upcoming AI announcement ‘later this year’

    By Tapiwa Matthew MutisiFebruary 4, 2024

    During a call with analysts following Apple’s fiscal first-quarter earnings report, CEO Tim Cook hinted…

    Artificial Intelligence

    Amazon unveils Rufus, an AI-powered shopping assistant

    By Tapiwa Matthew MutisiFebruary 4, 2024

    Amazon announced on Thursday the launch of Rufus, a new AI-powered assistant designed to enhance…

    Africa

    South African fintech startup SOLmate witnesses a surge in cashless transactions in the country

    By Tapiwa Matthew MutisiFebruary 4, 2024

    South African fintech startup, SOLmate, is experiencing robust demand for its digital wallet within the…

    Africa

    Safaricom discontinues M-PESA transactions to unregistered individuals

    By Tapiwa Matthew MutisiFebruary 4, 2024

    Safaricom, the premier telecom provider in Kenya, has announced a policy change preventing M-PESA users…

    Africa

    Starlink’s satellite internet application gets turned down in Botswana

    By Tapiwa Matthew MutisiFebruary 4, 2024

    Elon Musk’s SpaceX owned low-orbit satellite service, Starlink, encountered a setback in their global expansion…

    Business

    Fintech behemoth Flutterwave successfully regains access to $3 million in Kenya

    By Tapiwa Matthew MutisiFebruary 4, 2024

    In July 2023, the Assets Recovery Agency (ARA) of Kenya tried to get court permission…

    Telecoms

    Vodacom Group surpasses 200 Million Subscribers Milestone, Led by Strategic Expansion and Financial Services Growth

    By Smart MegwaiFebruary 2, 2024

    Vodacom Group, in collaboration with Safaricom, has achieved a significant milestone by surpassing 200 million…

    Regulation

    CBN Tightens Grip on International Money Transfers: Banks & Fintechs Excluded, Fees Hiked

    By Staff WriterFebruary 2, 2024

    The Central Bank of Nigeria (CBN) has shaken up the international money transfer landscape with…

    Artificial Intelligence

    With Bard’s latest Update, Nigerian users can now access Gemini Pro and generate AI images

    By Staff WriterFebruary 1, 2024

    Google announced that it is bringing Bard’s latest capabilities — including Gemini Pro in Bard…

    Business

    Zoom slashes approximately 150 Jobs, nearly 2% of its total workforce

    By Tapiwa Matthew MutisiFebruary 1, 2024

    Zoom, the leading video conferencing platform, is laying off approximately 150 employees, marking less than…

    Regulation

    Uber slapped with €10 Million fine by Dutch Regulator for privacy violations

    By Smart MegwaiFebruary 1, 2024

    The Dutch Data Protection Authority (DPA) has levied a hefty €10 million fine against ride-hailing…

    Google

    Google announces over 100 million subscribers for YouTube Premium and Music

    By Tapiwa Matthew MutisiFebruary 1, 2024

    Google has announced that YouTube has amassed over 100 million paid users for YouTube Music…

    Financial Services

    Following shutdown of agency banking, Kippa Co-founder Duke Ekezie departs and pursues new venture

    By Tapiwa Matthew MutisiFebruary 1, 2024

    Kippa, a fintech startup backed by Target Global, saw the departure of its co-founder and…

    Cloud Based Service

    Oracle’s African Expansion Continues: Kenya Emerges as Key Site for Next Cloud Infrastructure Hub

    By Smart MegwaiFebruary 1, 2024

    Oracle, a global technology leader, has unveiled plans to establish a public cloud region in…

    Banking

    CBN removes exchange rate cap, allows market-based limits

    By Tapiwa Matthew MutisiFebruary 1, 2024

    The Central Bank of Nigeria (CBN) has issued a directive to remove the initial cap…

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