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Tech Nation is no longer shutting down. It's now founder a buyer, FF Group, a three-pronged company that comprises the Founders Forum, Founders Factory (an accelerator), and Firstminute Capital (an investment arm).More in #TCDaily.
Crypto platforms operating in Kenya may soon have to pay a 1.5% duty per an amendment to the Value Added Tax regulations. This is in addition to a 20% excise tax that was proposed in 2022. More in #TCDaily.
The Reserve Bank of Zimbabwe (RSV) has announced plans to introduce a gold-backed digital currency to help citizens shore up against inflation.
Active in Nigeria and Rwanda, Starlink is set to launch in 19 more African countries by 2024. South Africa, Africa's biggest internet consumer, is not on the list. Critics say it's because SA requires Starlink to give up 30% equity to operate in the country.