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Internet

KnowBe4 Africa, Cyber Security Africa to Tackle Cybercrime Threat Challenges

KnowBe4 Africa is partnering with Cyber Security Africa, its African distributor to make access to its cybersecurity awareness training platform easier for African businesses through CS Africa and offer a necessary solution to the threat of cybercrime in growing economies. At the recent World Economic Forum in Cape Town, African business owners flagged cybersecurity as […]

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FinTech

MTN Launches Mobile Money API Hackathon for Five African Countries

The MTN Group has granted third parties access to its Mobile Money (MoMo) Access Programming Interface (API) platform. The decision is in pursuit of its goal to contribute to bridging the financial divide, the company said in statement. The open API enables developers and programmers to innovate on the platform and develop products and other […]

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FinTech

Digital banking startup E-Settlement Processes $2.5m Daily

Nigerian fintech startup E-Settlement is processing $2.5 million in transactions daily across its various platforms as it seeks to extend banking services to all. Founded by Olaoluwa Awojoodu in 2017, E-Settlement provides financial services to different target markets through its platforms, placing itself at the forefront of innovative, easy-to-use, affordable, secure and inclusive payment solutions […]

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Internet

Hacking the Hackers: Group Hijacked Iranian Spying Operation

Russian hackers piggy-backed on an Iranian cyber-espionage operation to attack government and industry organizations in dozens of countries while masquerading as attackers from the Islamic Republic, British and U.S. officials said on Monday. The Russian group, known as “Turla” and accused by Estonian and Czech authorities of operating on behalf of Russia’s FSB security service, […]

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Social Media

Mark Zuckerberg Risks 20 Years Jail Term Under Proposed Privacy Law

Facebook CEO Mark Zuckerberg would be in jail now under the terms of a proposed new privacy law which would hold company execs personally responsible for their company’s failings. Under the proposed Mind Your Business Act, senior company executives could go to prison for anything up to 20 years… CNET reports that the bill has […]

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Technology

NIMC Commends Nigerians, Stakeholders for Embracing NIN

Nigerians Embrace the Mandatory Use of NIN The National Identity Management Commission (NIMC) commends Government Ministries, Departments and Agencies (MDAs) and the General Public for embracing the mandatory use of the National Identification Number (NIN) for identification, which has led to the rapid growth of the National Identity Database (NIDB). The Director General/CEO NIMC, Engr. […]

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Technology

Cars45, Google, Omnibiz Partner to Empower Small Business Owners

In a bid to provide small business owners in the automotive retail industry with the requisite tools to scale, Nigeria’s largest digital automotive trading platform, Cars45; tech heavyweight, Google, Nigeria’s largest local search engine, VConnect, and Nigeria’s first customer experience management platform, Omnibiz have organized a retail masterclass. The two-day Automotive Retail Masterclass which held […]

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FinTech

Emerging Markets Mobile Financial Services’ Transactions to Exceed $1trl by 2024

The total transaction value of the MFS (Mobile Financial Services) market will exceed $1 trillion by 2024; rising from $580 billion in 2019. This is a growth of 70%. The research identified a range of untapped opportunities in Latin America for services such as microfinance, microloans and money transfer, as a key driver of MFS […]

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StartUps

Ten Africans Battle for Netpreneur $1m Prize

From over 10,000 applicants, 10 finalist has been picked to battle for the $1 million grant prize of the Africa Netpreneur Prize Initiative (ANPI). Among them are four Nigerian netpreneurs namely: Ayodeji Arikawe, co-founder, Thrive Agric,Temie Giwa-Tubosun, founder and CEO, LifeBank, Dr. Tosan J. Mogbeyiteren, founder, Black Swan and Chibuzo Opara,co-founder,DrugStoc. The finalists were chosen […]

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Business

Consumer Spending on Technology to Reach $1.69trl in 2019

Consumer spending on technology is forecast to reach $1.69 trillion in 2019, an increase of 5.3% over 2018. The consumer purchases of traditional and emerging technologies will remain strong over the 2019-2023 forecast period, reaching $2.06 trillion in 2023 with a five-year compound annual growth rate (CAGR) of 5.1%. According to the latest Worldwide Semiannual […]

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