OP-ED: The Silicon Valley Model' Is Not to Blame for the Death of African Tech Darlings
I have just seen yet another complaint about how the mythical Silicon Valley model in Africa is responsible for startup deaths. Critics have offered this theory as a proverbial sin [...]
Nigeria Drops Charges Against Binance Executive Tigran Gambaryan
After a seven-month legal clash with Binance executive Tigran Gambaryan, Nigerian Federal prosecutors have withdrawn fraud and money laundering charges against him. “The government has reviewed the case and, taking [...]
Why Social Engineering is Still the Top Cybersecurity Threat – and What to Do About It
Social engineering remains the most pervasive form of cyberattack for one reason – humans are easier to hack into than most machines. Exploiting our psychological, personality or behavioural weaknesses, cybercriminals [...]
Binance Intergrates Crypto with Mobile Money in West and Central Africa
Binance has integrated its crypto system in West and Central Africa, allowing users to purchase crypto directly through mobile money payments, the blockchain ecosystem and cryptocurrency infrastructure provider. We remain [...]Jumia Halts Operations in South Africa and Tunisia
E-commerce retailer, Jumia Technologies, will double down on its operations and solidify its market in Kenya, Egypt, Morocco, and Nigeria to recover lost revenues incurred by its latest exit from [...]Yellow Card raises US$33mn in Series C round to fuel expansion
Yellow Card, an African Cryptocurrency startup, has closed its Series C round after raising US$33 million from different investors led by Blockchain Capital. “This fundraise not only demonstrates our resilience, [...]Kenya's Cyber Attacks Rose by 16.5% Between April and June
Between April and June this year, the Kenyan Cyber space recorded more than 1 billion attacks compared to the 971.4 million threats recorded in the preceding quarter. Malware attacks fell [...]Starlink Kenya Subscribers Grow Nearly 2000% in a Year
Satellite data subscription grew by 1,955.3% after the licensing and launch of Starlink Internet Services Kenya in July 2023, a new report by the Communications Authority (CA) shows. Unlike traditional [...]Kenya, Italy to Revive Space Center, Partner on Launches
Kenya and Italy will revive the Luigi Broglio space center in Malindi to launch earth observation satellites, Adolfo Urso, Italy's industry minister said at a press conference on Sunday. The [...]
Former Flutterwave Employee Loses $900K Appeal
Clara Wanjiku Odero, a Kenyan tech founder and CEO of Softbank-backed Credrails, has lost her appeal against Pan African fintech Flutterwave. The Court of Appeal, however, upheld the lower court's [...]Govt Plans to Delete Konza' from Technopolis Authority in New Bill
A new, government sponsored, bill before the National Assembly is seeking to replace Konza Development Authority with Technopolis Development Authority. If the bill becomes law, the Technopolis Development Authority will [...]Safaricom Revives Talks with Starlink as Competition Heats Up
Safaricom PLC has confirmed it is in talks with Elon Musk’s Starlink and other satellite companies, as competition heats up in its home market where it enjoys a dominant position [...]
