25 C
Lagos, South Africa and New York
Tuesday, July 7, 2020

Nigerian Fintech Firm Targets $1.1 Billion in Eastern Europe Loans After Nigerian Success

By Konrad Krasuski Fast-growing economies picked for test of lending platform Lidya to offer loans to retailers, farmers, pharmaceuticals Lending platform Lidya is targeting Poland and the Czech Republic for expansion after providing thousands of loans in Nigeria, seeing...

Apple is shutting down iTunes

Pour one out for your high school mix tapes: Apple announced Monday at its annual Worldwide Developers Conference (WWDC) that it’s shutting down iTunes, its 18-year-old digital media software. In its place, Mac users will have three individual, dedicated apps for music, podcasts and...

WhatsApp to charge big enterprises, with free Business app

WhatsApp is gearing up to finally monetize its messaging app by charging large enterprise businesses for tools to better communicate with customers. WhatsApp will also offer a free app to small-to-medium sized businesses, though it hasn’t outlined the specific functionality of the app. The...

PSD2: What does it mean global banking industry?

In January of this year, the Second Payment Services Directive officially came into effect. This directive is poised to give customers greater flexibility in how they access financial services It may have felt like a long time in the making but, on Saturday January 13,...

Kenyan girls to fly to Google HQ after inventing app to end FGM

By Daniel Wesangula NAIROBI  - Animated chatter spills out from a corner of tech giant Google's Nairobi offices as five Kenyan schoolgirls discuss their upcoming trip to California where they hope to win $15,000 for I-cut, an app to end Female Genital Mutilation (FGM). The five...

Uganda Considers Taxing Some Facebook and WhatsApp Users

Parliament says levy proposed of 100 shillings per day Campaigners urge clarity on what the African nation will tax Uganda’s government is proposing a tax of 100 shillings ($0.03) per day for at least some users of social...

Alphabet’s Brin Stresses Humility in Midst of Big Tech Backlash

by Mark Bergen Google co-founder strikes somber tone in annual letter Brin notes company’s efforts on AI safety, responsbility Every year, Google leaders send out a quirky shareholder letter riffing on the company’s progress and outlook. This year’s missive, arriving in the midst of...
Open chat
Send us your story