Over a month ago, school children in Oyo State, Nigeria, were kidnapped. This was another incident in the spate of kidnappings in the country. At TechCabal, we sought to answer a question that most Nigerians asked themselves. The NIN-SIM linkage was touted to help with identification and locating the people who had linked their SIMs. Why weren’t security agencies able to track these elements?
We found the answer.
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In Côte d’Ivoire, 44% of adults have no formal financial account. Yet Djamo, a fintech that offers bank-backed credit cards, mobile loans, and current accounts, says it now serves two million users, which shows the demand for digital financial services in the market.
Originally published by TechCabal.