Flutterwave, Africa’s leading payments technology company has been granted a Switching and Processing License by the Central Bank of Nigeria (CBN)—widely regarded as CBN’s most valuable payments processing license. This license allows Flutterwave to offer transaction switching and card processing services to customers. Others include non-bank acquiring, agency banking and payment gateway services. Continue reading
Category Archives: Business
South African tech entrepreneurs tackle digital divide in townships
- Tech education taken to South Africa’s townships
- WiFi access and apps could boost informal economy
- But technology alone is not the answer, experts warn
By Kim Harrisberg
JOHANNESBURG, Sept 1 (Thomson Reuters Foundation) – Moss Marakalala was 11 when he first used a laptop at an after-school programme in Johannesburg, sparking an interest in technology that inspired him to provide young people like himself from South African townships with digital education. Continue reading
IMF Executive Board Approves New Extended Credit Facility (ECF) Arrangement for Zambia
August 31, 2022
The IMF Board approves SDR 978.2 million (about US$1.3 billion) 38-month ECF arrangement for Zambia to help restore macroeconomic stability and foster higher, more resilient, and more inclusive growth. Continue reading
Workplace romance: four questions to ask yourself before dating someone from the office
Chantal Gautier, University of Westminster
In the digital age, online dating and swiping right are the status quo for romance. Practically gone are the days of meeting “the one” in a pub. But what about flirting by the water cooler or over Zoom? The consensual office relationship has been both a romance trope and a taboo for decades.
Interview With Bitstamp CEO Jean-Baptiste Graftieaux: ‘Massive Crypto Interest From Our Institutional Clients’
Bitstamp is one of the oldest, if not the oldest, and most reputable of exchanges in the crypto space, having been founded in 2011. Indeed, Monday 22 August was the firm’s 11th birthday.
So what better time for Bitstamp to launch a marketing drive aimed at retail investors and the Q2 update of its Crypto Pulse Survey 2022, which will be released in full at the end of the month. Continue reading
Battle Infinity Takes India By Storm and the World is Next – IBAT token Launches on Pancakeswap Exchange 17 August, 16:00 UTC
Battle Infinity, the India-based metaverse games platform, is launching on its first exchange on Wednesday 17th August.
Trading in its IBAT token will begin at 16:00 UTC on the Pancakeswap decentralised exchange. Pancakeswap is the largest exchange running on the BNB Smart Chain of the giant Binance global crypto trading platform.
Battle Infinity’s IBAT token presale began on 11 July 2022 and sold out in 25 days – 65 days ahead of the originally scheduled end date. Continue reading
Scam loan apps extorting Mexicans thrive in Google Play Store
- Menacing messages, threats spiral along with debt
- Legal loophole creates Wild West for lending apps
- Complaints mount but regulators powerless to act
By Diana Baptista and Avi Asher -Schapiro
MEXICO CITY, Aug 11 (Thomson Reuters Foundation) – A week after Pedro Figueroa borrowed 10,000 pesos ($500) from José Cash, a popular Mexican lending app, the barrage of online abuse began.
A slew of WhatsApp messages swamped his phone, threatening harm – to him and his reputation – if he did not pay. Continue reading
AXS LAW wins multimillion-dollar trademark infringement trial for the creator and owner of the BAOLI brand of restaurants and “My Boyfriend is Out of Town” theme party
On Friday, July 29, 2022, a federal jury in Miami returned a verdict of more than $8.5 million in favor of Peace United Ltd. and against 1906 Collins, LLC and Mathieu Massa, resulting in the return of the trademarks for the “Baoli” brand of restaurants and nightclubs and the “My Boyfriend Is Out of Town” theme party to their creator and rightful owner, Mr. Christophe Caucino. Continue read
UK interest rate rise: what the Bank of England’s historic hike means for your money
Jonquil Lowe, The Open University
The Bank of England has raised its base rate by 0.5 percentage points, the largest single upward jump in 27 years. It takes the base rate to 1.75%, its highest level since 2008. This latest interest rate hike will affect personal finances and reflects the Bank’s efforts to control rampant inflation amid the cost of living crisis in the UK.
