Ethiopia Changing Laws to Prepare for M-PESA Launch
Ethiopia has reportedly started changing certain national payments laws in an effort to clear the way for Safaricom to launch M-PESA, Africa’s largest fintech platform, to the Horn of Africa country’s virtually untapped market of 110-million people. The National Bank of Ethiopia (NBE) has drafted a bill that will allow foreign investors to launch and…
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Showmax to Launch 4 New Original Titles in Kenya
In yet another move to invest in the film and TV industry in Kenya, Showmax has unveiled four new Original productions to be released in 2022. The incoming slate includes Kenya’s first Christmas feature film, a crime drama series set in Kibera, a high-stakes political thriller series set in a fictional county, and a thriller…
Paratus Expands to DRC, Connects 620KM Fibre Optic Line
Telecommunications firm Paratus Group has announced its expansion into the Democratic Republic of Congo (DRC). This coincides with the news that Paratus has won, together with DRC based Global Broadband Solution (GBS), a government tender to activate a 620-kilometre fibre-optic network link between Muanda, on the West Coast, to DRC capital city, Kinshasa. Paratus and…
Ethiopia’s Government Postpones Ethio Telecom Privatisation Process
The government of Ethiopia has announced today that it will be postponing the ongoing privatisation process of the state-owned Ethio Telecom, and did not set a timeframe for when the process will continue. In an announcement posted to Twitter by the official account of the Ethiopian Ministry of Finance, the Ethiopian federal government says that…
New Bitcoin SV Ambassadors Appointed for East & West Africa
The Bitcoin Satoshi’s Vision (BSV) blockchain’s – the original Bitcoin blockchain created in 2018 – Switzerland-based organisation has appointed two new BSV Ambassadors as part of its global ambassador programme. Mohammed Ibrahim Jega and Geoffrey Weli-Wosu have both been appointed as BSV Ambassadors for West and East Africa – sharing the title for both regions….