Launch Into News Today

Nigeria and Cameroon-based healthtech startup Healthlane is charting another path for itself. On Tuesday, after months of silence, the startup informed stakeholders and community members that it had changed its business model.

Per Nasdaq, Swvl now has until September 25 to raise the value of its publicly-held shares. Its CFO, Youssef Salem, as well as board members Steve Albrecht and Gbenga Oyebode, have also resigned.

The Taifa-1 will be Kenya's first operational satellite. It will be launched aboard the SpaceX Falcon 9 rocket from the Vandenberg Space Force Base in California.

Last week, Google announced plans to restrict loan apps on its Play Store from accessing sensitive user data such as photos, videos, and contacts.

Of this number, about 119 including Renmoney and FairMoney, hold full approvals; and 54, including Soko Lending, hold conditional approvals.

Weeks after $6.3 million was allegedly stolen from Flutterwave in a system hack, sources claim the fintech has suffered two more hacks where culprits illegally transferred $1.2 million from its accounts. The fintech denies the hacks. More in #TCDaily.

The Taifa-1 will be Kenya's first operational satellite after the 1KUNS-PF, a nanosatellite the country launched in 2018. More in #TCDaily.

Kenyan president William Ruto has reversed the 2020 rule that mandates foreign companies to have at least 30% Kenyan ownership to operate in the country. More in #TCDaily.

MTN is investing $83 million in alternative power sources in South Africa. With the adverse effects of load shedding, the telco has recorded spikes in vandalism; over 390 sites have been vandalised since January 2022. More in #TCDaily.

Carrefour Kenya has a new service that allows customers to check themselves out...literally. The retailer recently introduced self-service to reduce the queues at the store and speed up the checkout process.