Under the new schedule, YC will introduce spring and fall cohorts, in addition to its traditional winter and summer sessions.

The new directive, detailed in a circular issued by the Central Bank of Nigeria, requires that businesses using PoS terminals for electronic payments must route their transactions exclusively through either NIBSS or Unified Payment Services Limited (UPSL).

Togo’s Mobile Money market is witnessing robust growth. In the first quarter of 2024, total transaction value reached 917 billion FCFA (approximately $1.54 billion), reflecting a 3% increase over the previous quarter.

The platform allows users to sell products without any initial financial outlay. With just a few clicks, users can select items, set their own profit margins, and share products directly on social media platforms.

Sultan Ventures, a Hawaii-based firm with over 15 years of experience in venture building and startup acceleration, is no stranger to high-stakes innovation.

Through its digital infrastructure, Pumpkn aims to make financing more accessible and affordable, lowering the costs for both borrowers and lenders. Farmers and food processors can apply for loans ranging from R5,000 to R5 million and receive funding within 10 days — an expedited process compared to traditional banking channels.

This strategic expansion underscores Rise’s ambition to cement its presence in the East African market and leverage regional growth opportunities.

Under POPIA, companies found to have breached data protection rules face severe penalties, including fines of up to R10 million (roughly $550,000) or prison sentences of up to 10 years.

The platform has become a critical asset for hoteliers across more than 30 countries, generating over $100 million in direct revenue since its launch.

The platform boasts over one million cash points of sale, contributing to a 25% increase in payment conversion rates. Encouraged by these results, the company is now planning to open this payments solution to external merchants, with a potential launch before Christmas 2024.

In a major boost for the Moroccan tech ecosystem, KWIKS, an artificial intelligence (AI)-driven...

Haspil himself requested a life sentence without the possibility of parole, acknowledging the gravity of his crime and expressing remorse. “Unlike my counsel, I don’t think anything less than life without parole would be appropriate,” he told the judge in a quiet voice.