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On December 11, the Central Bank of Lesotho (CBL) reported a system outage due to a cyberhack. The downtime which affected the national payment system led to the temporary suspension of inter-bank transactions in the country.
An SEC’s complaint alleges that, since at least 2019, Mmobuosi spearheaded a scheme to fabricate financial statements and other documents of the three entities and their Nigerian operating subsidiaries, Tingo Mobile Limited and Tingo Foods PLC.
The decision to end the acquisition follows mounting pressures from UK and EU regulators.
One year after laying its foundation, the German biotech company BioNTech has set up the first BioNTainer at its manufacturing facility in Kigali, Rwanda to facilitate the production of mRNA vaccines.
As the Democratic Republic of Congo (DRC) holds its general elections this week, worries over the restriction of voters’ rights are rising.
Libya is well acquainted with sporadic Internet access and censorship, in addition to having one of the slowest connectivity speeds in the world.
Africa's leading innovation centre, Co-Creation Hub (CcHub) has appointed Ojoma Ochai as its new managing director.
Pan-African e-commerce company, Jumia is closing its food delivery service across the continent. Jumia Foods will halt operations in Nigeria, Kenya, Morocco, Ivory Coast, Tunisia, Uganda, and Algeria by the end of this month.
SA's economy suffers from a crippling outage crisis, with businesses and citizens enduring 12-hour blackouts daily.
Renowned Grammy-winning artist and entrepreneur, Wyclef Jean, in collaboration with Caribbean International Commerce (CICH), has signed a partnership with the Plateau state government.
UK-headquartered ClearBank powers 37,000 virtual accounts/e-wallets for LemFi's customers. In September 2023, LemFi hit 550,000 transactions in a month, according to a statement seen by thecondia.com.
Over the past couple of years, the government has set up a fund for innovation, approved a policy on Science, Technology, and Innovation (STI), created the Digital Ethiopia 2025 plan, and started preparing a Startup Act.
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