Somalia launches standardised QR code
Somalia will be joining peers like Kenya and South Africa on the continent to have launched a standardised code.
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Somalia will be joining peers like Kenya and South Africa on the continent to have launched a standardised code.
In May 2023, African startups raised $621.8 million from 34 fully disclosed* raises. Compared to May 2022 where African startups raised $437.1 million, this shows a 42% YoY increase. It's also a 379% increase from April 2023's $129.8 million.
A US court has ordered the CEO of a South African firm to pay a $3.4 billion penalty in the biggest crypto fraud case involving Bitcoin.
The Central Bank of Kenya has launched a national QR payments standard aimed at ensuring interoperability across mobile payments services
South Africa has redesigned the Rand. The new look, revealed yesterday, has new tech-enabled features like colour-changing ink to reduce counterfeiting. Introduced into circulation today, they also have inclusive features for visually-impaired users.