Technology
Meta, NDPC agree out-of-court settlement of $32.8 million fine
Meta is close to settling a $32.8m fine with Nigeria’s Data Protection Commission, after being accused of violating user privacy through behavioural ads on Facebook and Instagram.CONTINUE READING ON...
Technology
Foreign banks don’t trust Nigerians. This startup wants to change that
When Nigerians move abroad, foreign banks often reject them due to lack of credit history. Wale Akanbi, ex-CTO of Aella, is building Bleyt, an...
Technology
Why Trump’s $100,000 H-1B visa fee will barely touch African workers
Trump’s $100k H-1B visa fee may shake up global hiring, but Africa will barely feel the impact. may barely feel the impact. Here’s why...
Technology
Why Kredete sees credit scoring for immigrants as its next big opportunity
By linking remittances to credit-building, Kredete wants to help African immigrants gain financial leverage abroad.CONTINUE READING ON TECHPOINT.AFRICA
Technology
Trump’s $100k fee creates rare opportunity for African talents, but governments must take decisive action
President Trump’s executive order imposing a $100,000 fee on new H-1B visas could reshape global talent mobility, presenting a unique opportunity for Africa's tech...
Technology
Yoco’s CEO steps down after 10 years, hands over leadership to co-founders
Katlego Maphai exits the CEO role after a decade, handing over leadership to co-founders Matshoba and Wattrus as Yoco enters a new stage of...
Technology
10% excise duty on crypto transactions: What Kenyan tax experts think
The Kenyan Government imposed a 10% excise duty on all crypto transaction fees by exchanges. Here is what Tax experts in Kenya thinkCONTINUE READING...
Technology
PayU exits Kenya six years after launch, appoints liquidator
PayU Kenya has shut down after six years, appointing a liquidator to wind up its operations in the country.CONTINUE READING ON TECHPOINT.AFRICA
Technology
BoG suspends remittance licences of Flutterwave, Cellulant, Tap Tap Send, others over regulatory breaches
The Bank of Ghana has suspended remittance services of eight fintech firms, including Flutterwave and Tap Tap Send, for breaching 2023 inward remittance guidelines.CONTINUE...
Technology
Pesapal secures crucial VAT exemption in Kenya
Pesapal has won a VAT exemption case in Kenya, a move that sets a major legal precedent for fintechs and limits KRA’s scope in...
Technology
Meta threatened to exit Nigeria over $220m fine but two months after deadline, services are still running
Two months after Nigeria’s FCCPC ordered Meta to pay a $220m fine for data privacy violations, Meta’s platforms continue running in Nigeria.CONTINUE READING ON...