News

Nearly 75% of Local and State Government Organizations Attacked by Ransomware Had Their Data Encrypted, Sophos

09-29-2022 | 15:07:00
The report found that 72% of state and local government organizations attacked by ransomware had their data encrypted—7% more than the cross-sector average.

Mara launches free online course to advance blockchain adoption and financial literacy in Africa

09-29-2022 | 13:53:00
Pan-African phone manufacturer Mara Group has launched a free educational online course with the aim to boost blockchain adoption and digital finance literacy in Africa.

[Kenya] Zoho launches VAT and TIMS-compliant online accounting software for businesses

09-29-2022 | 13:48:00
Zoho Corporation has launched its VAT and Tax Invoice Management Systems (TIMS) compliant, accounting software, Zoho Books to help businesses in Kenya prepare for the upcoming implementation of TIMS.

Prophius partners with Mastercard to launch Tap on Phone payments to Small Businesses in Sub-Saharan Africa

09-29-2022 | 13:32:10
Financial technology company Prophius has announced the launch of its PayContactless solution certified by Mastercard – a contactless acceptance solution that turns any NFC-enabled Android device into a physical point of sale.

Ethio telecom unveils "Lead" 3 Years Strategic Plan

09-29-2022 | 12:45:00
Ethio telecom started implementing its newly developed "Lead", a three-year development strategy for the period of 2022-2025

Financial phishing cyberattacks significantly increase in Kenya and Nigeria in Q2 of 2022, report

09-29-2022 | 12:37:00
Kaspersky Security Network data shows that the number of financial phishing attempts in the African regions increased significantly from Q1 to Q2 of 2022. Banks, payment systems, and e-commerce websites were attacked.

PROPARCO lance l’African Private Equity Fellowship pour les jeunes Africain

09-29-2022 | 11:45:00
PROPARCO lance l’African Private Equity Fellowship pour soutenir la prochaine génération d’investisseurs sur le continent Africain.

[Kenya] Jumia adds electric Tuk-Tuks to its delivery fleet in Kenya

09-29-2022 | 11:05:00
Jumia Kenya is adding E-Vans or what are commonly known as Tuk-Tuks to its delivery fleet in the country. The e-commerce leader has partnered with California-based EV solutions provider BILITI Electric for this project.

Neustar Security Services expands partner network in EMEA

09-29-2022 | 09:40:20
Neustar Security Services, a provider of cloud-oriented security services that enable global businesses to thrive online, has expanded its partner ecosystem across key technology hubs in the Europe, Middle East and Africa region.

[Ghana] Agritech Startup Farmerline has Raised $1.5 Million in Series A Funding

09-29-2022 | 09:31:00
After netting $13 million in April this year, Ghanaian agritech startup Farmerline has raised another $1.5 million in pre-series A funding round. The funding from social impact investor Oikocredit.

Mukuru and WeThinkCode partner to host women-only hackathon to solve financial services challenges in Africa

09-29-2022 | 09:12:30
Mukuru CSI manager, Deidré Vrede, says the event was designed to provide the opportunity for winning students to bolster their studies and win internships or job shadowing opportunities at Mukuru, but more importantly create excitement and a platform for young, female students to shine.

Microsoft to support continuous transformation of Africa’s Financial Services Industry

09-29-2022 | 09:02:51
Transforming the Financial Services landscape in Africa will be a critical driver of economic prosperity across the continent, a banking summit has been told.

[South Africa] Alitheia IDF leads $11 million investment round in home services platform SweepSouth

09-29-2022 | 07:46:00
SweepSouth, an online home services platform with a presence across Africa has completed a US$11m investment round led byAlitheia IDF (AIF), Africa’s first and largest gender-lens private equity fund.

Polygon to train more than 2,000 African developers on blockchain in partnership with Xend Finance

09-29-2022 | 07:37:00
The Polygon Bootcamp and Hackathon will be the company’s first edition in Africa and will introduce developers in the region to the Polygon ecosystem using Xend Finance and Polygon technologies.

[Kenya] Safaricom, NCBA and KCB restructure Fuliza with free daily fee

09-29-2022 | 07:28:00
Kenya’s leading telco Safaricom, NCBA and KCB Bank Kenya have announced a restructuring of the popular Fuliza overdraft facility.