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Nigeria leads Africa’s FinTech revolution
Global News

Nigeria leads Africa’s FinTech revolution

Ambassador Fashina Olaoluwa, representing Nigeria at the Best Diplomatic Conference in the United Kingdom (UK), highlighted Nigeria's status as Africa's leading financial technology (FinTech) hub. In his address, he emphasized how Nigeria has been a key player in fostering a fair, inclusive technological ecosystem and closing the digital divide across the continent. Nigeria's Commitment to…
2 days ago0Comments

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Quidax sponsors blockchain conference
Crypto Top Story

Quidax Sponsors BusinessDay’s Blockchain Conference: A New Era for Nigeria’s Cryptocurrency Industry

BusinessDay's annual blockchain conference, a key event in Africa's digital development, will take place on September 11, 2024, at the Radisson Blu in Victoria Island, Lagos. This year's theme, "Building Africa's Future: Harnessing Blockchain for Social and Economic Transformations," emphasizes the significant impact blockchain technology can have on the continent's growth. The conference presents a…
September 4, 20240Comments

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AI in Klarna
Global News

How AI Is Shaping Klarna’s Future: Workforce Reductions and Increased Pay

Klarna, the buy now, pay later company, plans to significantly reduce its workforce through efficiencies gained from artificial intelligence (AI). After cutting its staff from 5,000 to 3,800 over the past year, Klarna aims to reduce its staff further 2,000 by leveraging AI in marketing and customer service. CEO Sebastian Siemiatkowski highlighted that these job…
August 28, 20240Comments

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Ericsson MTN mobile financial services
Top Story

How Ericsson and MTN are Revolutionising Mobile Financial Services

Michael Wallis-Brown, Group Head for Ericsson Mobile Financial Services, recently highlighted Ericsson and MTN's unique and game-changing collaboration. Unlike any other, this partnership is pioneering advancements in mobile financial services across the African continent. Key Partnership Highlights: Foundation for Mobile Money: Ericsson provides a robust infrastructure and software platform to support MTN's mobile money services…
June 2, 20240Comments

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Flutterwave Security Breach
Startup

Flutterwave Security Breach

In a recent security incident, Flutterwave, a leading African fintech company, lost between ₦ $11 billion ($7 million) and ₦ $20 billion ($13.5 million) due to unauthorized transactions. This breach occurred just one month after Flutterwave obtained a court order in February to recover $24 million lost in a previous security breach last October. The…
May 18, 20240Comments

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African FinTech companies advance African technologies
Ideas

African FinTech companies advance African technologies

Introduction African FinTech companies are at the forefront of technological advancements on the continent. With their innovative solutions, these companies are not only revolutionising the financial sector but also playing a pivotal role in shaping Africa's broader tech landscape. In this article, we'll explore why African FinTech companies must compete to advance African technologies. Financial…
November 10, 20230Comments

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Africa's tech boom
Top Story

Africa’s tech boom

Introduction In recent years, Africa has experienced a remarkable technological transformation. What was once known primarily for its natural beauty, diverse cultures, and historical significance is now emerging as a hub for innovation and technological advancement. This continent, often underestimated on the global stage, is witnessing a tech boom reshaping economies, empowering young entrepreneurs,…
November 7, 20230Comments

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