Nigerian banks and fintechs to charge 0.5% cybersecurity levy on all transactions
Starting May 20, 2024, Nigerian banks and fintechs will charge users a 0.5% cybersecurity levy on each electronic transaction.
Wave is the only African startup on YC’s top-earning startup list
Senegalese fintech Wave has been listed as the only African Y Combinator alumni with the highest revenue, according to the 2024 opt-in list.
West African subsea cables repaired after weeks-long damage
The mending of WACS on Tuesday, April 30, means traffic would resume flowing across the system in no time via normal routes
BuuPass acquires QuickBus to drive intercity booking in Africa
BuuPass, a Kenyan travel booking platform, has acquired its Nigerian and South African competitor, QuickBus.
Kenya's comms regulator deplatforms dozens of TV stations
Some affected stations are Pwani TV, Mt.Kenya TV, Christian Faith TV, Kwese Free Sport, Harvest Family TV, Daystar TV, and Mitume TV
Binance and Yellow Card missing from South Africa's licensed crypto firms’ list
South Africa released a list of 75 licensed crypto asset service providers, but major players like Binance and Yellow Card are missing.
TLcom closes $154 million fund to back early-stage startups in Africa
TLcom Capital has raised a $154 million fund to invest in early-stage startups, extending its reach beyond Sub-Saharan Africa to Egypt.