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Collection of tech news across Sub-Saharan Africa
BFREE Closes Growth Round to Accelerate Its Pan-African Distressed Debt Business
Growth equity round backed by leading African private equity and venture capital investors positions BFREE for significantly expanded portfolio acquisitions and geographic growth
Letshego Sells Its Operations In Ghana and Four Other African Markets
Letshego is selling its operations in Uganda, Ghana, Tanzania, Nigeria, and Rwanda to Axian Digital Venture Holdings — a bet that less can mean more.
Rwanda Just Closed A Tax Loophole Which Will Now Enable It To Tax Online Services Like Netflix
A sweeping new law makes Google Ads, Netflix, cloud hosting, and online courses taxable — and forces banks to collect the bill
Softbank-Backed OPay Prepares for IPO; Hires Citigroup, JPMorgan, and Deutsche Bank
By enlisting Citigroup, JPMorgan, and Deutsche Bank, OPay is signaling to the market that it is ready for the scrutiny of the Sarbanes-Oxley era. The choice of these three specific firms is a calculated 'triangulation' of global finance
Amazon Applies for Licence In Kenya To Rival Starlink with Its Leo Competitor
After clearing regulatory hurdles in Nigeria, Project Kuiper is now targeting East Africa — and it's about to collide head-on with Starlink
Yuno and Flutterwave Partner To Help Global Merchants Expand To African Markets
A San Francisco fintech and Africa's payments giant have joined forces to give global merchants a single key to one of the world's most complex — and most promising — digital economies
Pleias and the GSMA Release Open Source Language Platform That Works With Africa’s 2,000 Languages
A new open-source model from Pleias and GSMA is solving the most overlooked problem in African AI — identifying the language before you can even build with it
South Africa Has Withdrawn Its AI Policy Because It Was Full of Fake Citations
The country's draft AI framework cited sources that don't exist — an embarrassing own goal for the department tasked with leading the nation's digital future
Nigeria Fined Meta $32 Million For Privacy Violations. Behind Closed Doors, The Government Quietly Reached A Settlement
The country fined Meta $32.8 million for data privacy violations — then quietly wrote off the penalty in a closed-door settlement that gutted most of its original demands
South Africa’s Draft AI Policy Allegedly Contains AI Hallucinations Which Cited Research Papers Which Don’t Exist
The country's draft AI policy is riddled with citations to research papers that don't exist