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Fintechs’ Role in Identity and Financial Security Beyond OPTs and Passwords

Fintechs’ Role in Identity and Financial Security Beyond OPTs and Passwords

In the past year, identity theft has skyrocketed – a worldwide trend that has not gone unnoticed by the public. A report from earlier this year showed that consumers are looking for more security from their banks: 56% want more security measures for non-routine transactions, and 47% want more even for

The human element: Why Employee Mistakes Are The Biggest Cybersecurity Threat and How Training Can Make a Difference

The human element: Why Employee Mistakes Are The Biggest Cybersecurity Threat and How Training Can Make a Difference

With almost 88% of data breaches being caused by an employee mistake, a strong human risk management program is with regular employee training and cybersecurity awareness is critical, says Carey van Vlaanderen, CEO of ESET Southern Africa. Ask any cybersecurity specialist about their biggest network safety concern, and it’s

Fawry and Tamatem Plus Join Forces to Enhance E-Payment Experience for Egyptian Gamers

Fawry and Tamatem Plus Join Forces to Enhance E-Payment Experience for Egyptian Gamers

Fawry, Egypt's premier e-payment solutions provider, has entered into a strategic partnership with Tamatem Plus, a leading online store catering to gamers' needs worldwide. This collaboration aims to offer Egyptian gamers easy and seamless access to the market through enhanced e-payment solutions without having to rely on

How Scan to Pay is unleashing the power of QR code payments in South Africa

How Scan to Pay is unleashing the power of QR code payments in South Africa

The QR code payment industry has seen a surge in adoption in recent years, with estimates suggesting a global market value of USD$9.98 billion in 2022. QR codes are seeing a marked increase in popularity in South Africa as well, says Pieter Roux, President Payment Strategy at Ukheshe.

STARZPLAY Partners TPAY for Mobile payments

STARZPLAY Partners TPAY for Mobile payments

In an exciting collaboration, STARZPLAY, one of the region's top three subscription video-on-demand (SVOD) services, has announced a strategic partnership with TPAY, the leading payments provider in the Middle East, Turkey, and Africa (META). With this partnership, customers will be able to make their subscription payments using their

Copy Cat Partners with Volt MX to bring the Low Code Development Solution to Africa

Copy Cat Partners with Volt MX to bring the Low Code Development Solution to Africa

Copy Cat Group has signed a strategic partnership with HCL Volt MX, a low-code application development platform. HCL Volt MX empowers professional developers, enterprise architects, and digital designers to rapidly deliver consumer-grade apps and integrate diverse and complex systems. Volt MX also works with organizations in both the private and

Kenyan Logistics Startup Sendy is Shutting Down Operations

Kenyan Logistics Startup Sendy is Shutting Down Operations

Sendy, a Kenyan logistics startup that allows retailers to purchase fast-moving consumer goods (FMCG) directly from manufacturers is shutting down its operations and exploring a sale of its assets. Sendy co-founder Meshack Alloys confirmed the sale to TechCrunch saying the startup was indeed being acquired. “We are in the middle

Airtel Africa Partners with Mastercard to Foster Financial Inclusivity

Airtel Africa Partners with Mastercard to Foster Financial Inclusivity

Airtel Africa and Mastercard have joined forces to introduce an innovative cross-border remittance service set to transform the way people send and receive money across the African continent. Remittances have long been a significant source of foreign currency for African economies, with an estimated $95.6 billion flowing into the

Bolt Rolls Out Scheduled Rides Option

Bolt Rolls Out Scheduled Rides Option

Bolt, the ride-hailing giant is rolling out a new feature, 'Scheduled Rides', allowing riders to book trips up to 72 hours in advance. This move aims to provide both passengers and drivers with added convenience and flexibility. It is worthy of note that the concept of advanced booking

Talents Arena Secures $750,000 in Pre-Seed Round

Talents Arena Secures $750,000 in Pre-Seed Round

Talents Arena announced closing $750,000 in pre-seed funding from UI Investments, alongside several prominent Saudi and regional angel investors. This funding round comes as the company is rapidly becoming a pioneering force in the AI recruitment industry; playing a critical role in bridging the unemployment gap in the Middle

Grinta bolsters Egyptian presence with the acquisition of auto-cure

Grinta bolsters Egyptian presence with the acquisition of auto-cure

Grinta, a leading e-commerce platform carefully designed to cater to independent pharmacists across Africa and the Middle East, announced its third acquisition of Auto-Cure. The deal was signed by both Mohamed Azab, Co-founder and CEO at Grinta, and Mohamed Rezk, Co-founder of Auto Cure. Auto-Cure is a B2B e-commerce platform

Flat6Labs Announces $100,000 Funding for Construction Tech Startups

Flat6Labs Announces $100,000 Funding for Construction Tech Startups

Flat6Labs, the region's leading seed and early-stage venture capital firm, has launched the "Makers" ConTech Accelerator Program in partnership with SIAC and Dar Al-Handasah (Shair and Partners). The program is the first-ever construction-focused accelerator program in the Middle East that aims to support advanced startups in

Six Female Tech Founders from Kenya Selected for 2023 Future is Female Mentorship Program

Six Female Tech Founders from Kenya Selected for 2023 Future is Female Mentorship Program

Six female-founded Kenyan start-ups are among 20 finalists selected for the Future is Female Mentorship Program. The Future is Female Mentorship Program is a communications mentorship program by the American communications firm C. Moore Media, which was acquired by Allison+Partners. The program, now in its fourth edition, was launched

East Africa leads the Fundraising Trail in Africa with $45.7 million

East Africa leads the Fundraising Trail in Africa with $45.7 million

According to data from BD Funding Tracker, East Africa led the fundraising trail in July, with startups in the region securing 37.4% of the total funds raised.

Rwandan Government Allocates Land 2000 Affordable Green Homes

Rwandan Government Allocates Land 2000 Affordable Green Homes

The Rwandan government has dedicated 14.4 hectares of land to Green City Kigali Company (GCKC), a state-owned enterprise, for the construction of 2,000 'green homes' through a public-private partnership. The Green Homes, designed with a focus on environmental sustainability, will utilize eco-friendly, sustainably sourced, and recycled

GIM-UEMOA Partners with PaySky To Revolutionize Financial Services in West Africa

GIM-UEMOA Partners with PaySky To Revolutionize Financial Services in West Africa

GIM-UEMOA (Groupement Interbancaire Monetique de l'Union Economique et Monetaire Ouest-Africaine), the international organization in charge of the interbank electronic payment system for the West African Economic & Monetary Union (WAEMU) area, has recently signed an agreement with PaySky, the leading digital payments ecosystem enabler for the development of

iKhokha And Mastercard Launch Groundbreaking Contactless Payment Solution In South Africa

iKhokha And Mastercard Launch Groundbreaking Contactless Payment Solution In South Africa

Kenya Police Raid Worldcoin Warehouse and Confiscate Equipment

Kenya Police Raid Worldcoin Warehouse and Confiscate Equipment

Kenyan authorities raided a worldcoin warehouse and seized equipment amid an ongoing investigation into the company’s operations and data collection practices. The officials seized machines that they suspect contained data collected by Worldcoin. This comes after the Kenyan government suspended Worldcoin’s operations and began investigating the company after

MTN Organizes MoMo API Hackathon To Attract Next Talented Mobile Money Developers

MTN Organizes MoMo API Hackathon To Attract Next Talented Mobile Money Developers

SA Fintech Startup, FinMeUp Raises Funding To Scale

SA Fintech Startup, FinMeUp Raises Funding To Scale

Safaricom Ethiopia Secures Investment from World Bank Group

Safaricom Ethiopia Secures Investment from World Bank Group

Safaricom Ethiopia is set to receive funds from the World Bank Group following the closure of the transaction during a funding ceremony. The funds will come from the International Finance Corporation (IFC) and Multilateral Investment Guarantee Agency (MIGA), members of the World Bank Group in the form of equity investment,

Unveiling the Challenges and Potential of Central Africa's Tech Startup Ecosystem

Unveiling the Challenges and Potential of Central Africa's Tech Startup Ecosystem

The global technology landscape has witnessed an explosion of innovation in recent years, with startups emerging as key players in driving economic growth and technological improvement. While East and West Africa have garnered significant investment and developed vibrant tech ecosystems, the Central African sub region has struggled to find its

Nigerian Gov't Partners Wema Bank To Create SkillNovation Hubs Across The Nation

Nigerian Gov't Partners Wema Bank To Create SkillNovation Hubs Across The Nation

FG partners with Wema Bank to create tech and innovation hubs across the country to bridge the digital divide among the nation's youth.

Mastercard Partners with EMIS to Boost the Digital Economy in Angola

Mastercard Partners with EMIS to Boost the Digital Economy in Angola

The partnership will enable Angolan citizens to gain access to both physical and virtual cards that can be used for cross-border payments, thereby aiding in the creation of an interoperable payment system. Financial institutions to also benefit as they will have cost synergies and access to Mastercard’s world-class technology

A Deep Dive Into YC’s Transformative Influence on Nigeria's Thriving Tech Startup Ecosystem

A Deep Dive Into YC’s Transformative Influence on Nigeria's Thriving Tech Startup Ecosystem