eTranzact, doing business as eTranzact Global Limited, is a fintech and payment technology provider in Nigeria. After obtaining an operational Licences from the Central Bank of Uganda (BoU), the declared its entrance into the Ugandan market. BoU has issued two Licences to the financial technology company under the National Payment Systems Operator Act of 2020. These … Read more
Chipper Cash, an African fintech specializing in cross-border payments and dollar card services, has recommenced operations and is now declared “fully operational” in the United States after a two-month suspension. During this holidays, the company focused on transitioning to a new banking partner in the US and enhancing its service offerings, said the company. With … Read more
A month before Binance Executives were arrested in February, Tigran Gambrayan, an international compliance officer for the cryptocurrency platform, came to Nigeria and he was allegedly requested $150 million in cryptocurrency by Nigerian officials. According to a report from the New York Times disclosed the news, implying that the requested $150 million cryptocurrency was a … Read more
Amazon has launched its e-commerce store in South Africa, making South Africa the first African country to have the US e-commerce giant operating in. The Amazon South Africa is having 3,000 pickup locations where buyers can pickup their ordered goods. Stocks available on the Amazon.co.za website are tagged in local pricing, ensuring next-day delivery. In … Read more
On May 3, TexhNext reported that Bolt Nigeria laid off 22 out of 44 employees in Edo, Port Harcourt and Owerri. However, Bolt has denied this claim, citing that it only stopped it collaboration with some of its employees. Bolt said this to Techpoint Africa. The ride-hailing company cited that the Layoffs of a thing … Read more
Cairo, Egypt – May 6, 2024 – A powerful collaboration between Egypt and Italy promises to propel Africa to the forefront of artificial intelligence (AI) development. The partnership, announced after a meeting between Egyptian Minister of Communications and Information Technology Amr Talaat and Italian Minister of Enterprises and Made in Italy Adolfo Urso, will establish … Read more
Following the recent update rollout for the Galaxy S22 series, reports emerged regarding a lock screen issue affecting certain devices, prompting an immediate halt to the update distribution starting Friday. The concern extends beyond the malfunctioning lock screen; some users also reported unresponsiveness in the touch screen functionality. In severe instances, users may find themselves … Read more
Bolt has reportedly layoffs 22 employees out of 45 that are currently operating in Nigeria. This news was disclosed by a source familiar with the matter. The source cited that senior management staffs of the ride-hailing company are part of the employees that were affected by the layoffs. Mostly, Bolt staffs in Warri, Port Harcourt … Read more
The new national identity card (ID card) will perform two functions; as a national means of identification and as an ATM card which can be used to carryout financial services such as cash withdrawal at any ATMs or POS agents. In other words, the newly introduced ID card is an innovative identity solutions with payment … Read more
The world popular streaming platform Netflix is increasing its subscription plans in Nigeria. The price hike will affect Netflix standard plan, premium plan and mobile plan. Currently, the standard plan is priced at N3,500 and will be increased to N4,000, premium plan is priced at N4,400 and will be increased to N5,000 and the mobile … Read more