In today's edition: Nigerian antitrust watchdog investigates Uber exit || ICASA reviews impact of digital platforms || FSCA fines Altvest executives || Sun King introduces smartphone financing
Uber’s departure from Nigeria and Uganda signals the end of Silicon Valley’s unhedged expansion across Africa.
Big tech platforms across the continent are quietly deploying predictive software to shape consumer reality. Jumia, the pan-African e-commerce giant, relies heavily on personalised recommendation systems. The software analyses browsing behaviour, purchase history, and user preferences to tailor prod
Uber spent 12 years in Nigeria and decided to leave because the market it operated in could not deliver the economies of scale required to support its future ambitions.
Africa spent a decade teaching Uber how on-demand mobility works in a cash economy on unmapped roads.
Charles Kinga does not immediately strike you as someone who can talk for hours. When we meet on August 25 in the lobby of Go Hotel in Copenhagen, Denmark’s capital and largest city, he appears quiet, almost understated. I am in the Danish capital for TechBBQ, the annual Nordic technology gathering,
The move reverses a decision that had pushed Visa users to rely on M-PESA, cash and other payment methods. It comes as Uber reviews costs across its business, including a global restructuring that will cut about 3,300 jobs.
The move puts the company in direct competition with M-KOPA and Watu, which have built businesses around financing smartphones for customers who might otherwise struggle to afford them.
MTN Group Fintech CEO Serigne Dioum, in this edition of Coffee With…, tells PHATHISANI MOYO how he plans to convert MTN’s 317 million telecom subscribers into a single, closed-loop financial ecosystem.
The company says its AI transformation is built around four pillars: data, process, training and change.