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Ride-hailing drivers in Africas major cities are increasingly taking matters into their own hands to protest and counter what they deem unfair fares imposed by platforms like InDrive, Uber, Bolt, and Faras. The drivers argue that the rising cost of living, particularly the surge in fuel prices,

Nigerian government officials have announced it froze millions of dollars in cryptocurrency allegedly donated to fund the recent nationwide protests against widespread hardship and poverty blamed on shock therapy-like government policies and perceived financial excesses of the state. Ac

Africas cross-border business-to-business (B2B) payments landscape is in line for a transformative shift, predicts a new report by Duplo , a provider of payment solutions for African businesses. These findings suggest evolving global trade dynamics and the advent of innovative payment technologi

This year's Innovate Africa Symposium, taking place in Kigali, Rwanda, focuses on "Strengthening Data Governance in the African Data Ecosystem". Data governance has become a hot new word in the world of data management, and for good reason. However, if you haven't encountered this conce

Luno, a licensed financial services provider in South Africa and a major crypto investment app, is on high alert after a recent deepfake scam targeted one of its employees. The incident exemplifies the growing threat of AI-powered impersonation fraud in the country, particularly within the bubbl

Selecting the appropriate front-end framework for a web development framework in this fast-growing web development sector is critical for creating reliable and effective applications. In 2024, there are several front-end frameworks whose capabilities have distinguished them as the best for devel

The global AI gold rush is in full swing. Billions are pouring into startups promising to reshape industries. But in Africa, the flow is a trickle. While the continent boasts over 2,400 AI companies, per a recent Afrilabs report , the sector has attracted a paltry USD 4 M across five de

Jumia , Africas leading e-commerce platform, reported mixed results for its second quarter 2024. While the company showed progress in key areas like order growth and cost reduction, foreign exchange devaluations continue to weigh on its earnings. Jumias overall revenue dipped 17% year-o

Kenya's homegrown automotive venture, Mobius Motors , has ground to a halt, succumbing to the harsh realities of the African automotive market. The company, renowned for its rugged, low-cost SUVs tailored to the continent's challenging roads, announced its intention to liquidate on August 5, 202