Malaysia agrees to abolish mandatory death penalty
British, Moroccan mercenaries sentenced to death for fighitng for Ukraine
Kenya discovers 250,000 dead people on voters’ register
Taliban forces arrest Afghani fashion model for ‘insulting’ Islam
Mexican church leader jailed 16 years for turning girls into sex slaves
Lawan begs striking National Assembly workers to resume work
‘Our movement remains strong despite defeat in APC primary,’ Osinbajo assures supporters
Why Northern governors insisted on power shift to South – El-Rufai
INEC releases more machines for voters’ registration
Gov Abiodun visits Tinubu, promises support in 2023 election
Google removes Sokoloan, 2 other apps from Playstore
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Passenger traffic for African airlines rises by 116.2% —IATA
Twitter shareholders to vote on Elon Musk’s deal, grant his bot accounts request
FIRS gives tax agents, others two weeks grace to remit money received on its behalf
INVESTIGATION: How online fraudsters siphon victims’ funds through ‘SportyBet’ platform
SPECIAL REPORT: Enugu govt watches as waste takes over state, threatens public health, environment
SPECIAL REPORT: Illegal miners degrade Ekiti community, engage in child labour
SPECIAL REPORT: Inside the illegal trading of forest woods in Cross River community
INVESTIGATION: NDDC awards N1bn road contract to poultry farm
FACT CHECK: Did a brave Nigerian policeman hunt down one of the terrorists who stormed Owo church?
FACT CHECK: What we found about Helen Paul’s Professorial appointment
FACT CHECK: Did a Rev. Father take AK 47 to church after mob killed Deborah in Sokoto?
FACT CHECK: Did Buhari approve ₦456bn for ASUU to end strike?
FACT CHECK: Did Tinubu receive zero allocation as governor?
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Global payments company, FLEETCOR, acquires UK-based Global Reach Group
Morocco’s Chari acquires Ivorian startup Diago. 1 other story and a trivia
Tunisia’s edtech startup, GoMyCode, secures $8m Series A. 2 other stories and a trivia
Esusu and Chipper Cash make Forbes Fintech 50 list. 2 other stories and a trivia
Female-led startup, Klasha, secures additional $2.1m seed round. 2 other stories and a trivia
Bankers in search of dollars go after parties’ delegates, as Naira crashes to new low
Naira falls against dollar, Euro, Pound at official market ahead of APC’s primary
Naira starts week N419.75 at official market, N608/$1 on black market
Again, Naira crashes against Dollar, as demand rises by 342% ahead of APC convention
This line-up of stories will help you discover the latest happenings around the tech world, today
1. Female-led startup, Klasha, secures additional $2.1 million seed round
A female-led Cross-border commerce solution startup, Klasha, has secured an additional $2.1 million seed round co-led by American Express (AMEX) Ventures and Global Ventures.
Klasha’s Chief Executive Officer, Jessica Anuna, confirmed in a statement on Tuesday, adding that the additional $2.1 million completes its $4.5 million seed round.
The Gender lens startup bills itself as a provider of multiple products for the cross-border commerce space in Africa.
Playing in the cross-border commerce space in Africa, Klass was founded in 2018 by Jess Anuna and headquartered in San Francisco Bay Area, United States.
The startup has an app, dubbed KlashaCart that allows users to shop from different retailers using naira.
Anuna, while commenting on the raiser, said:
“The biggest product development is this app allowing these consumers to shop from selected stores like Boohoo.com, pay using their Klasha wallet, which you can fund by multiple different African currencies and get delivered to their door.
“The core mission of Klasha is to streamline cross border commerce from Africa to the rest of the world. And in turn, give the rest of the world access to African consumers on the ground who want and need these goods globally.”
Tech Trivia: What verb describes deleting a friend from a social networking website? A Defriend B Unfriend C Block D Ignore Answer: see end of post
2. African payments company, MFS Africa, acquires US fintech, Global Technology Partners
A digital payments company, MFS Africa, has advanced move to acquire Us-based Global Technology Partners (GTP).
Read also :Two Nigerian startups shortlisted among top 45 African startups. 2 other stories and a trivia.
The acquisition will see the companies leveraging on each other’s platform to expand further into Africa and the US.
Founder and Managing Director of MFS Africa, Dare Okoudjou confirmed the latest acquisition in a statement on Tuesday.
According to Dare, the acquisition is projected to boost the African technology ecosystem.
MFS Africa is a South African-based digital payment company that offers mobile financial solutions for senders, money users, and service providers.
The fintech company was founded in 2009 by Dare Okoudjou.
GTP, however, was founded in 2003 with headquarters in Tulsa, Oklahoma, United States.
Ripples Nigeria gathered that GTP is being used by more than 80 banks across 34 countries in Africa and beyond.
Welcoming the latest acquisition into the fold of MFS, Okoudjou said: “This is an important step for us and the African technology ecosystem, on several levels.
“The acquisition of a US company of the size and nature of GTP by an African technology company is something of a first, and we are delighted to welcome the GTP team to the MFS Africa family.”
3. South Africa’s micro-transaction platform, uKheshe, launches tap-on-phone payment solution
A South African micro-transaction platform, uKheshe, has launched a new tap-on-phone payment solution that will not require certification.
Paul Selibas, President of Channel Solutions for Ukheshe Technologies confirmed the development on Tuesday, noting that the latest solution will be helpful to SMEs.
Ripples Nigeria gathered that the Tap-on-Phone technology will allow approved merchants to simply download a supported app and use their existing Android mobile phone as a payment terminal.
uKheshe, which is now Masterpass certified, is a micro-transaction platform that allows you to pay and get paid.
Playing in the fintech space, the Johannesburg-based startup was founded in 2018 by Jason Penton.
Selibas while commenting on the latest development said:
“Ukheshe is driving down the barriers to entry in payment acceptance for businesses through simpler, more affordable functionality and low-friction sign-up. We are setting the trend; disrupting the traditional POS system.
“I think there will be many players rushing out to follow suit, because this is a game-changer.
“The cost of a terminal is a hurdle to these businesses, not to mention the additional distribution and maintenance concerns. This new technology combats the high costs of app certifications in developing and implementing tap-on-phone solutions.”
When you “friend” a user on a social networking website, you add that person to your list of online friends. When you remove a person from your friend list, you “unfriend” that user.
Unfriending may be done for many reasons. For example, if an online friend is contacting you too often or writing on your wall too much, you may want to remove that user from your list of friends.
You may also wish to unfriend a user if a relationship with that person has ended. When you unfriend someone, that person no longer has “friend” access to your profile page.
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Esusu and Chipper Cash make Forbes Fintech 50 list. 2 other stories and a trivia
Nigeria’s Indicina secures $3m seed round led by Target Global. 2 other stories and a trivia
Global payments company, FLEETCOR, acquires UK-based Global Reach Group
Nigeria’s Indicina secures $3m seed round led by Target Global. 2 other stories and a trivia
Instagram launches alert feature to find abducted children. 2 other stories and a trivia
Nigeria’s NFT marketplace, Ayoken, secures $1.4m to expand venture. 2 other stories and a trivia.
BUSINESS ROUNDUP: Manufacturers spend N71.22bn on alternative power source; CBN raises lending rate to 13%; Other stories
Nigeria’s Interswitch secures $110m to scale venture in Africa. 2 other stories and a trivia
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