Search results for "nigeria"

How Cryptocurrencies can Improve Economic Empowerment

Crypto can enable financial inclusion and economic empowerment across the globe in many areas where financial services are either lacking or even  corrupted. Users of crypto can bypass some international and banking restrictions and even have an alternative to storing and saving money. As it stands today, crypto is the wild west. However, large global […]

How South African Startups Can Reach Global Markets

It was the Africa Tech Festival 2022 that triggered the conversation surrounding startups expanding to the global market. Managing partner at HAVAIC, Ian Lessem, led the discussion on the first day of the three-day event. A startup develops a unique product or service that becomes irreplaceable for consumers. However, many need help to hit the […]

Clickatell Research Finds Opportunity for Retailers to Drive Commerce Experience via Mobile Messaging

Clickatell’s latest Chat Commerce Trends Report found that 86% of shoppers are interested in a personalized messaging experience. REDWOOD CITY, United States of America, November 10, 2022: Clickatell, the Chat Commerce, and business messaging leader, announced the results of its latest Chat Commerce Trends Report: Retail Edition, which reveals new findings about how today’s consumers prefer […]

Cyber Officials from 37 Countries, 13 Companies to Meet on Ransomware in Washington

The White House will host officials from 37 countries and 13 global companies in Washington this week to address the growing threat of ransomware and other cybercrime, including the illicit use of cryptocurrencies, a senior U.S. official said. The in-person meeting follows last year’s virtual inaugural meeting of the informal Counter-Ransomware Initiative, adding seven more […]

SWIFT Sets Out Blueprint for Central Bank Digital Currency Network

Financial messaging system SWIFT has laid out its blueprint for a global central bank digital currency (CBDC) network following an 8-month experiment on different technologies and currencies. The trial, which involved France and Germany’s national central banks as well as global lenders like HSBC, Standard Chartered and UBS, looked at how CBDCs could be used […]

African e-commerce Firm Jumia Says It Is Past Peak Losses, Shares Jump

African e-commerce firm Jumia Technologies said on Wednesday it was past peak losses and would focus on promotions, marketing and cost cutting in its quest towards profitability, driving its shares up 16 percent despite a wider quarterly loss. Jumia is an online marketplace for vendors and food sellers, with associated services including logistics and payments. […]

'Looty' Project Launches Digital Art Heists to Reclaim African Artifacts

A Nigerian man has launched a project called “Looty” to reclaim African artifacts stolen by European colonisers by creating 3-D images of them, selling them as non-fungible tokens (NFTs) and using the proceeds to fund young African artists. Calls for objects stolen during the colonial period to be returned to their places of origin have […]

Uganda's Central Bank Weighs Issuance of Digital Currency

Uganda’s central bank is considering whether to issue a digital currency and has not banned cryptocurrencies, but has concerns about risks from the technology including consumer protection and financial inclusion, a senior bank official said on Friday. “Bank of Uganda is currently doing preliminary studies on whether or not a central bank digital currency should […]

Google to set up first Africa product development centre in Nairobi

Alphabet Inc’s Google is investing in its first ever Africa product development centre in the Kenyan capital Nairobi, it said, as it positions itself to serve a growing base of internet users on the continent. By the end of this decade, the continent will host 800 million internet users, the California-based firm said, and a […]

WHO to Deliver Africa with COVID-19 mRNA Vaccine Tech

The World Health Organization (WHO) announced that the six African countries would obtain technology to tool them with the needed means to produce their own COVID-19 vaccines. In an effort to minimize global reliance on vaccine manufacturing from companies outside the continent, the WHO added Egypt, Tunisia, Kenya, Nigeria, Senegal, and South Africa would have […]