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GiriToday Connects African Artisans with Global Buyers, Redefining E-Commerce
GiriToday Connects African Artisans with Global Buyers, Redefining E-Commerce GiriToday, a newly launched e-commerce platform founded by ex-Flutterwave VP Wale Ayantoye and Ola Ajiboye, is revolutionizing how African artisans and entrepreneurs sell their products globally. Unlike existing platforms like Etsy, which involve middlemen and long shipping times, GiriToday allows direct sales from African sellers to…
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Access Bank’s phased software update promised stability but customers are struggling
Access Bank’s recent core banking upgrade has left many customers facing service disruptions, with issues like failed USSD transactions, missing transaction histories, and app malfunctions. Despite a phased approach meant to prevent major downtime, users continue to report problems days after the final upgrade on February 23, 2025. The bank, which invested ₦68.62 billion ($51.3…
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Breaking: 54 Collective to cut jobs as Mastercard Foundation partnership ends
54 Collective, formerly Founders Factory Africa, will shut down its venture studio operations in Africa following the end of its partnership with the Mastercard Foundation on April 30, 2025. The decision, due to a lack of alternative funding, is expected to result in layoffs. Since the partnership began, 54 Collective has supported over 40 startups…
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South African regulator wants $27m yearly from Google, Meta, others for local news publishers
South Africa’s Competition Commission is pushing global tech giants like Google and Meta to compensate local news publishers for using their content. The regulator recommends that Google pay between R300 million ($16.3 million) and R500 million ($27 million) annually to media companies over the next three to five years. The move aims to address declining…
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African leaders should take the blame for brain drain on the continent — Paul Kagame
Rwandan President Paul Kagame has urged African leaders to take responsibility for the continent’s brain drain, emphasizing that systemic failures are driving skilled professionals abroad. Speaking at the Inclusive Fintech Forum in Kigali, he called for policies that encourage talent retention instead of blaming those seeking better opportunities elsewhere. The exodus of professionals, particularly in…
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MTN Fintech and Network International Join Forces to Expand Digital Payments
MTN Fintech has partnered with Network International to expand digital payments across Africa, beginning with card issuance in Rwanda, Uganda, Ivory Coast, and Nigeria. As a leading payment processor, Network International will support MTN Fintech with transaction processing, card management, and fraud prevention, enhancing access to digital financial services. This collaboration aims to strengthen financial…