Starlink launches in Kenya as Safaricom gears up for competition

Starlink is now available in Kenya, with Karibu as its authorised reseller in the country. Safaricom says it intends to launch a Starlink competitor in the coming months.

Kenyan content moderators behind ChatGPT ask Parliament to probe Open AI and Sama

Content moderators have asked the Kenyan Parliament to probe Open AI and Sama over alleged exploitation of workers who worked to clean ChatGPT of toxic content.

International flight tickets to sell at ₦803/$1 in Nigeria, IATA says

Starting Tuesday (July 18, 2023), the International Air Transport Association (IATA) has adjusted the exchange rate for flight tickets from ₦776.90/$1 to ₦803.90/$1, Nairametrics exclusively reported on Monday.

Egyptian fintech startup, Flash, secures $6 million seed round to revolutionise cashless payments

Egyptian fintech Flash, raises $6 million seed round to revolutionise cashless payments after securing Central Bank of Egypt approval as technical payment aggregator in partnership with Banque Misr

Africans will pay more for UK visa fees and health surcharge

UK Prime Minister Rishi Sunak has increased visa application fees and health surcharge paid by immigrants, including Africans to enable the country to fund its public sector.

Wema Bank increases foreign currency spending limit on Naira cards

Wema Bank has resumed international transactions on naira cards, the bank has also increased its monthly spending limit to $500.

Access Bank wants to acquire StanChart’s Sub-Saharan Africa subsidiaries

Access Bank has completed talks for the acquisition of Standard Chartered Bank's subsidiaries in Africa. The deal is pending regulatory approval and will be completed in 2024.

CBN to halt controversial social media KYC requirement

The House of Representatives has adopted a motion asking the Central Bank of Nigeria to suspend the implementation of the social media KYC requirement that was introduced last month.

PharmaRun wins $10,000 Pitch2Win startup competition

With this integration, Changera is expanding its reach worldwide as the first African-based custodial wallet collaborating with MoneyGram.

Kenya withdraws 30% shareholding rule for Big Tech

Kenya has reversed its shareholding rule that insists that Big Tech companies must sell 30% of their shares to Kenyan locals.

Flutterwave is partnering with IATA to facilitate flight payments in sub-Saharan Africa

Flutterwave has joined International Air Transport Association's payment orchestration platform to enable global airlines to collect local currencies.

Uganda to impose 5% tax on non-resident digital companies

On Tuesday, the Ugandan Parliament amended its Income Tax Act to include tax from non-resident digital service providers like Meta, Google, Amazon and other big tech companies operating in the country.