Kenya licenses 12 more digital credit providers — making it 22
The Central Bank of Kenya has issued digital credit providers' licences to 12 more lenders in the digital loans market, taking the number of licensed digital lenders to 22.
Johnstone Kpilaakaa
GetEquity is raising $100K at a valuation of $10M from retail investors
About a year after closing a six-figure pre-seed round led by GreenHouse Capital, GetEquity is raising $100,000 from retail investors on its platform at a $10 million valuation.
1 in 4 Africans was affected by internet shutdowns in 2022
Over 300 million Africans were affected by internet shutdowns in 2022, according to Surfshark’s internet censorship annual recap.
Mafab launches 5G network in six Nigerian cities
Mcom, formerly Mafab has launched its 5G network across six Nigerian cities but the network is not commercially available yet.
106 digital lenders are now licensed to operate in Nigeria
The Federal Competition and Consumer Protection Commission has authorised the operation of 106 digital lenders in Nigeria.
Understanding the technologies that will power Nigeria’s 2023 general elections
Insights into two key technologies; BVAS and IReV—that will enable Nigerians to decide their next political leaders come Feb. 2023.
Kenyan court rules in favour of M-Pesa to Bank transfer charges
Safaricom and Kenyan banks have been allowed to charge for M-Pesa to bank transactions, according to a new court order.