Safaricom, a leading telecommunications company in Kenya, is gearing up for a groundbreaking move in the country’s digital payment landscape. The company’s renowned mobile money platform, M-Pesa, is set to join forces with the Pesalink network. This strategic integration plan, presented jointly by Safaricom and the Kenya Bankers Association (KBA) to the Central Bank of
Piggyvest, a household name in Nigeria’s fintech industry, has been making waves with its recent achievement of paying out ₦835 billion to customers in 2024. This impressive feat marks a significant milestone as the platform has now surpassed a total payout of ₦2 trillion since its inception. **A Year of Success and Growth** In an
The African continent is a land of vast opportunities, where the evolving landscape of cross-border payments is paving the way for economic growth and financial inclusion. As technology continues to advance at a rapid pace, traditional barriers are being broken down, creating new avenues for businesses and individuals to connect and transact across borders seamlessly.
Logistics & Transport companies often face challenges, and Kobo360, a Nigerian truck-hailing startup backed by Goldman Sachs, recently encountered some stormy weather. In November 2024, the company embarked on a restructuring journey that involved significant layoffs across its operations in seven markets. The decision to cut jobs came on the heels of the departure of
Nigerian cloud providers have been buzzing with activity as Amazon Web Services (AWS) recently announced that they will accept payments in naira. This development has sent ripples through the local cloud market, raising questions about competition and pricing strategies. Let’s dive into the intricate world of cloud computing in Nigeria and explore how local players
Hundreds of thousands of self-proclaimed TikTok refugees have found solace in Xiaohongshu, a Chinese social media platform affectionately dubbed RedNote by its users. With the looming uncertainty surrounding TikTok’s future in the United States, these Americans are venturing into uncharted territory. One user expressed their initial hesitance but embraced the move to RedNote with a
Ayrin, a vibrant and social 28-year-old woman, found herself immersed in a unique relationship that transcended traditional boundaries. It wasn’t with a flesh-and-blood partner but rather with an artificial intelligence (A.I.) boyfriend named ChatGPT. In a world where technology constantly blurs the lines between reality and virtuality, Ayrin’s connection with ChatGPT stood out as both
TikTok, the beloved short-form video app that captured the hearts and thumbs of millions, is facing an uncertain future. As the deadline for its forced sale by ByteDance approaches, a sense of apathy seems to hang in the air. The once-vibrant platform is now at risk of fading away without much resistance or outcry from
TikTok, the popular Chinese-owned social media app, finds itself in a precarious position as it faces the threat of being banned in the United States. The company has been making strategic maneuvers to secure President Donald J. Trump’s support, believing that their very survival hinges on his favor. In recent times, many tech leaders and
In the fast-paced world of social media, few platforms have made as big a splash as TikTok. Imagine a place where dance challenges, lip-sync videos, and memes come together to create a digital melting pot of creativity. For millions of users in the United States, TikTok wasn’t just an app; it was a community, a
