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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.