Category: FINTECH
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From Cotton to Currency: How Money is Made in 2026
In an era dominated by digital transfers and cryptocurrencies, physical cash remains the bedrock of global trust. But have you ever wondered how a plain piece of material transforms into a high-value banknote? The production of money is one of the most sophisticated industrial processes in the world, combining fine art, advanced chemistry, and heavy-duty…
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PayPal Partners with Paga: A New Era of International Payment in Nigeria.
PayPal—one of the world’s leading digital payment platforms—announced a landmark partnership with Nigerian fintech giant Paga. This historic collaboration ends more than two decades of restrictions that prevented Nigerians from receiving international payments via PayPal, ushering in a new era for digital commerce and financial inclusion in Africa’s largest economy. Breaking Down Barriers For years,…
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Dangote submits petition against the Managing Director of NMDPRA.
Dr. Aliko Dangote, Chairman of the Dangote Group and Africa’s richest businessman, has taken his ongoing dispute with the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to the next level by formally petitioning the Independent Corrupt Practices and Other Related Offences Commission (ICPC). The petition accuses the Managing Director of the NMDPRA, Ahmed Farouk,…
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Safaricom Retools M-Pesa for ‘Fintech 2.0,’ Eyeing a $14.5 Billion Market
Kenyan telecom company Safaricom announced on Friday, September 19, it has completed a major upgrade to its M-Pesa mobile money platform. Dubbed “Fintech 2.0,” the new platform is designed to meet the growing demands of Africa’s digital economy and prepare for future opportunities. The Kenyan digital payments market is projected to reach $14.54 billion by 2028,…
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KorinAI Launches Africa’s First AI Music Lab, Redefining Music Creation and Distribution
For many African artists, creating music has often meant navigating challenges such as limited resources, expensive studios, and complex copyright issues. But KorinAI, a portfolio startup of FirstFounders, is changing that by launching Africa’s first AI-powered music lab. This innovative platform is designed to make music creation accessible to anyone, empowering artists and content creators…
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China Mobile Buys 14.4% Stake in Hong Kong’s telecom firm HKBN for $137 Million
China Mobile, the world’s largest wireless carrier by subscriber base, has acquired a 14.4% stake in Hong Kong-based broadband provider HKBN for HK$1.08 billion (approximately $137.6 million). The strategic purchase marks a major step in China Mobile’s efforts to expand its footprint in the Hong Kong telecommunications market. The deal was executed through China Mobile…
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Australia widens teen social media ban to YouTube, scraps exemption
Australia has reversed its previous exemption of YouTube from its teen social media ban, officially adding the video-sharing platform to the list of restricted sites for users under 16. The decision comes after the country’s internet regulator reported that 37% of minors had encountered harmful content on YouTube—more than any other platform. The broader ban,…
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Tesla Signs $16.5 Billion Chip Deal With Samsung Electronics
Tesla (TSLA.O), opens new tab CEO Elon Musk said the U.S. automaker had signed a $16.5 billion deal to source chips from Samsung Electronics (005930.KS), opens new tab, a move expected to bolster the South Korean tech giant’s loss-making contract manufacturing business. Samsung shares rose more than 4% after the news. “Samsung’s giant new Texas fab will be…
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Sandisk Unveils Portable Data Storage Device For Travellers
Sandick has launched a portable storage device to help travels keep data safe and backed up while on summer holidays. The company in a statement said the device would enable users to save hundreds of pictures and videos. It said the device will serve as fast, reliable and portable backups to help keep all those…
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This telecommunications engineer explains how to get internet anywhere in the world without a subscription
Paying a monthly fee for internet? That nightmare is finally coming to an end. Thanks to a German engineer, thousands of people are now enjoying fast, secure, and contract-free internet access anywhere in the world. A revolutionary little device called SmartWifi now makes it possible to get internet without a SIM card, without a subscription,…
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