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

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.

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.

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.

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

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

BD Insider: Africa has become the prime destination for cybercrimes

In this newsletter, we look at the rise of cyber threats in African countries.

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

BD Insider: United Nations’ “Billion Dollar” Dream for Africa

In this letter, we explore; South Africa’s struggles with cyber theft, UNDP billion dollar dream for Africa, AMD steps up rivalry with Nvidia.

Everything you need to know about AI

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

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.

BD Insider: Kuda, Africhange and the scramble for African diaspora money

In today’s midweek update, we look at; Kuda, Africhange and the scramble for African diaspora money, Nala raises $40 Million to fuel expansion in remittance and B2B payments, Niger telecoms strengthens network with 16 new sites