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“# Mobile money platform Pngme raises $3M to expand across Africa ” Africa-focused but U.S. based unified financial data platform Pngme this week announced its successful seed funding round raised $3 million. The investment was led by Radical Ventures, Raptor Group, Lateral Capital, and EchoVC. It was actually closed in the third quarter of 2020…
“# South Africa learns a hard crypto lesson amid fast growing demand ” Authorities in South Africa appear to be paying closer attention to the cryptocurrency space in 2021 in the wake of a major Bitcoin (BTC) Ponzi scheme and increased trading activity. As a result, the South African Financial Sector Conduct Authority has called…
“#Guinea worm closer to eradication as cases halve in a year” DAKAR, Senegal — Just over two dozen people in the world are infected with Guinea worm, according to a new report that says community programs are close to eradicating the disease in which a meter-long worm slowly emerges from a blister in a person’s…
“#UN warns sexual violence likely surging in embattled Ethiopia region” NAIROBI, Kenya — The U.N. special representative on sexual violence in conflict says “serious allegations of sexual violence” have emerged in Ethiopia’s embattled Tigray region, while women and girls face shortages of rape kits and HIV drugs amid restrictions on humanitarian access. “There are also…
“#Dwarf giraffes discovered in Namibia, Uganda” JOHANNESBURG — Being tall is the giraffe’s competitive advantage, giving it the pick of leaves from the tallest trees, so scientists were stunned to find two giraffe dwarves on different sides of Africa. “It’s fascinating what our researchers out in the field found,” Julian Fennessy, co-founder of the Giraffe…
“# Kenyan crypto firms on notice as digital tax law takes effect ” Kenya’s planned Digital Service Tax, or DST, came into effect at the start of 2021. The DST is part of the country’s 2020 revamped Finance Act that focused on the digital services market among other sectors. Based on the provisions of the…
“# Token-based electricity top-up app expands in Africa but faces headwinds ” Electroneum has announced the expansion of its service coverage to four additional West African countries — Benin, Togo, Côte d’Ivoire, and Sierra Leone. The move brought the company’s African service coverage to nine nations with Nigeria, Senegal, Mali, Gambia, and Guinea-Bissau already in the…
“#In Somalia, COVID-19 vaccines are distant as virus spreads” MOGADISHU, Somalia — As richer countries race to distribute COVID-19 vaccines, Somalia remains the rare place where much of the population hasn’t taken the coronavirus seriously. Some fear that’s proven to be deadlier than anyone knows. “Certainly our people don’t use any form of protective measures,…
“#New virus variant appears to emerge in Nigeria” NAIROBI, Kenya — Another new variant of the coronavirus appears to have emerged in Nigeria, Africa’s top public health official said Thursday, but he added that further investigation was needed. The discovery could add to new alarm in the pandemic after similar variants were announced in Britain…
“# Africa is the future of DeFi, argues Cardano’s Charles Hoskinson ” In one of his frequent Youtube missives to his following, CEO of IOHK — the developers behind the Cardano Blockchain — Charles Hoskinson revealed that the company’s long-term developmental focus will hinge on Africa, going so far as to say the world’s second-most…