Page 4 - Impact Accelerator News Today

Aurora Winslade, director of Stanford’s Office of Sustainability, discusses key takeaways from the event.

Here's how Omobola Johnson, Lynda Saint-Nwafor, Adia Sowho, Funke Opeke, and Juliet Ehiamun-Chiazor have impacted the ICT sector.

Three plaintiffs have indicted Safaricom and Vodafone in a $2.4 billion lawsuit which claims that Safaricom is operating its M-Pesa arm and Fuliza, its overdraft service, illegally.

Following a new policy by COMESA, Jumia faces liability for any disputes arising from faulty products bought from third parties it hosts on its marketplace.

The Independent National Electoral Commission (INEC) has declared Bola Ahmed Tinubu as the winner of Nigeria’s 2023 presidential election. According to INEC, Tinubu received 35% of the votes across 27 states—36% of the total votes. More in #TCDaily.

South Africa-based vehicle rental startup, Planet42, has announced that it has closed a $100 million round to scale its operations across South Africa and Mexico.More in #TCDaily.

Days after announcing a $530 million investment in Africa, ride-hailing company Bolt has laid off 24% of its Nigerian staff. About 17 of its 70 employees lost their jobs in what the company describes as a restructuring process.

Multinational ride-hailing company Bolt is doubling down on its Africa operations. Yesterday, the company announced its intentions to invest €500 million ($530 million) in Africa over the next two years.

South African insurtech startup Naked has raised $17 million in a Series B round. The startup wants to use the new funding to expand into new markets, grow its team, and invest in technology. More in #TCDaily.

This week, Telkom revealed that it's embarking on a restructuring process that will affect 15% of its 11,000 workers—about 1,650 people.