In October 2022, healthcare unicorn Ro notified employees of a data exposure involving their personal information after a security contractor “inadvertently” uploaded a spreadsheet of employee data to the internet.
Afreximbank Launches Academy to Train 8,000 Africans on Trade-Related Subjects
The Afreximbank Academy (AFRACAD), a learning, knowledge, and networking hub designed to help advance African trade through capacity building and leadership, was launched on 3rd October 2022 in Kampala, Uganda, at the three-day Afreximbank Trade Finance Seminar.
Quickteller Business Unveils Smart PoS
Africa’s leading payment platform, Quickteller Business, powered by Interswitch, has introduced Smart PoS terminals, which will enable Small and Medium Business Enterprises (SMEs) and merchants in Africa to accept payments seamlessly and better manage their transactions.
Bet9ja Gets Hacked
Bet9ja, a popular betting company in Nigeria, has encountered a cybersecurity attack. An update to this effect was made by the company days after its website went offline and consumers had complained of difficulties in accessing the platform.
AIICO Gets Certified for Information Security Management
AIICO Insurance Plc has received Information Security Management System certification from the British Standards Institution (BSI) under ISO 27001:2013 standard, after a thorough assessment of the Company’s Information Security Management System.
Safaricom Ethiopia Signs Fiber-Optics Lease Deal
Safaricom’s first infrastructure deal with Ethiopia is a five-year lease agreement with state-owned power utility Ethiopian Electric Power Enterprise to share dark fibre-optic infrastructure in Ethiopia.
Safaricom Crosses 30 Million Monthly Active M-Pesa Customers
From launching Baze Music App to big 5G plans, Safaricom’s mobile money transfer platform, M-Pesa, has now surpassed 30 million users in Kenya.
MTN Rebrands from a Telco to a Tech Company
Africa’s largest mobile network operator, MTN Group, is rebranding from a telecommunications company to a technology company starting with the adoption of a new company logo and tagline to encompass everything the company does.
Talent City to Develop Revolutionary Tech Community in Alaro City
Talent City, a revolutionary community founded by serial African techpreneurs, is moving to Alaro City, Lagos’ new city in the Lekki Free Zone. Talent City is an innovative community designed and built for the future of work, where remote work-friendly policies, co-living, speedy internet, and reliable infrastructure seamlessly integrate with an unrivalled digital experience.
Finance Act: Amazon, AliExpress and other NRCs to Charge VAT and Remit to the FIRS
On Wednesday, January 5, 2021, the Minister of Finance, Budget and National Planning- Mrs. Zainab Ahmed announced that the Federal Government of Nigeria has introduced a 6 (Six) percent tax (“Tax”) on non-resident companies (NRC) providing services to Nigerian customers.