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Why Safaricom, East Africa’s Biggest Telecom, Is Getting Sued by Its Customers
Pressure is mounting on Safaricom, with two major lawsuits from its customers now demanding accountability from the telco giant.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Western Union, MFS Africa to Enable Money Transfers Across Africa
To enable individuals and businesses across Africa to receive money from over 200 countries and territories, the continent’s largest payment gateway, MFS Africa, has partnered with Western Union.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Airtel Commits $57 Million to Boost Education in Africa
Airtel Africa committed to investing $57 million into educational programmes during a five-year partnership with UNICEF.
- Categories
- Education, Telecommunications
- Region
- Sub-Saharan Africa
- Tags
- mobile finance
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WhatsApp to Launch New Payments Feature in Brazil
The new feature will allow users to browse products, add products to their cart and make payments via debit or credit card right from their WhatsApp chat.
- Categories
- Finance, Technology, Telecommunications
- Region
- Latin America
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Analysis: Can Africa’s Remittances Be Put to Long-Term Work?
How can African governments harness remittances to support infrastructural development and other long-term projects?
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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South African Digital Lender Lulalend to Launch Banking Product Off the Back of $35 Million Series B
The digital lender, launched in 2014, has raised $35 million in a Series B round led by international impact investor Lightrock, with participation from new investors.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Kenya to Employ Mobile Money to Fight Tax Evasion
Kenya has introduced a new policy aimed at using mobile money to curb tax evasion in that country.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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KYC is a Journey, Not a Destination: The Value of Know-Your-Customer Innovation for African Tech Startups
Identity theft is increasingly common in Africa, and the problem is likely to get worse. According to Lanre Ogungbe at Identitypass, digital access is expanding rapidly on the continent, and tech startups are under pressure to create frictionless signup processes for new users, which sometimes comes at the expense of better security. He argues that this has created an urgent need for better Know Your Customer (KYC) processes, and explores why tech startups should view KYC not as a regulatory obligation, but rather as an opportunity for innovation that can improve their products, protect their customers and increase their business success.
- Categories
- Finance, Technology
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