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The international community's limited attention span is laser-focused on jihadism in the Sahel and the imploding Horn of Africa. But interstate war is potentially brewing in the eastern DRC.
Kenya-based energy leasing company, Solarise Africa, has raised $33.4 million. The Facility for Energy Inclusion led the round with $21.4 million while Oikocredit and Lion’s Head’s AfricaGoGreen Fund also participated in the round. More in #TCDaily.
Duba-and-Egypt-based mobility company Swvl has closed down its Pakistan offices. After three years of operation in the country, Swvl has driven away.
Hackers drained Airtel Uganda's systems of nearly Ush 8 billion ($2.1 million) after using malware to force the software to approve transactions. The hack occurred through one of Airtel Money's clients, a betting organisation. More in #TCDaily.
The Kenyan government wants to tax crypto transactions. It is making a new amendment to the capital markets bill to introduce a 20% excise tax on every crypto transaction fee charged in the country. More in #TCDaily.