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Crypto exchange, OKX announces plans to exit Nigeria market.

Cryptocurrency exchange OKX has announced its plans to exit the Nigerian sector. According to an email sent to its Nigerian customers on Wednesday, it intends to discontinue services in the Nigerian market because of the country's unfavourable regulatory conditions.

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Grey Expands International Presence And Services To LATAM, SEA Markets

The company announces new payout support in multiple countries, serving a wider audience of digital nomads as it expands its services and operations to Latin America and Southeast Asia.

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TerraPay secures $95 million debt to finance low-cost remittance transactions across Africa

TerraPay, has recently raised $95 million in debt financing to contribute to lowering remittance costs, improving reliability and faster transactions

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BD Insider: Egypt finally plans to join the 5G party

In this newsletter, we look at; Egypt's set to launch its first 5G network this year, Kenyan ride-hailing drivers strike for fair pay and pricing power, and Ghana cracks down on data breaches with licenses to 51 cybersecurity providers.

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d.light raises $176 Million debt to provide off-grid solar power in East Africa

d.light, has recently closed a new $176 million securitization deal to support affordable solar solutions for low-income households in Kenya, Tanzania, and Uganda.

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Nigerian government plans to develop a web app to train more farmers

The Nigerian Federal Government intends to facilitate a web app to address the shortage of extension workers and better train farmers.

Mobility

Ride drivers in Kenya commence five-day protest over Uber and Bolt’s non-implementation of 18% commission.

Kenyan Ride-hailing drivers have resorted to public protests over commission rates demanding that the government limit Uber and Bolt’s service fees

Cybersecurity

Ghana grants licences to 51 cybersecurity providers amid a surge in data breaches

The Ghana Cybersecurity Authority granted licences and accreditation to 51 cybersecurity industry players to to combat surge in data breaches

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Botswana partners with Bulgarian Aerospace giant EnduroSat to launch first satellite

Botswana International University of Science and Technology (BIUST) is teaming up with Bulgarian Aerospace giant EnduroSat to launch first satellite

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Everything you need to know about AI

We’ve put together the basic knowledge of what Artificial Intelligence is in this article

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State-owned Ethio Telecom records a 22% revenue increase and 21% net profit growth.

Ethiopian telecom company Ethio Telecom has recorded a 22% revenue increase and net profit growth of 21% in the past fiscal year.

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UNDP launches first Fintech hub in Lagos, unveils pioneer cohort of 42 startups

The unveiling of the Timbuktoo Fintech Hub in Lagos on Tuesday marked a significant boost for the $1 billion initiative by the UNDP, African governments, and the private sector to ignite startup innovation across the continent

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