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After years of an uninterrupted reign of an economy without formal credits for the middle class and those below in African economies and other emerging markets, a new wave of tech companies have been rising up offering especially to the young population access to monthly payment products. These day…
Meta, the parent company of Facebook and Instagram, has reported a profit of $5.7bn (£4.6bn) for the first quarter of this year, surpassing expectations for a period in which many jobs were cut at the big tech company. Recall that the company laid off 11,000 employees last year, citing the need for…
The European Union recently passed the Digital Services Act (DSA) in an effort to regulate the behaviour of top tech firms operating in Europe. The 19 initial companies chosen include five Alphabet subsidiaries, two Meta platforms divisions, two Microsoft companies, Twitter, and Alibaba’s AliExpres…
MultiChoice, the South African media conglomerate that operates DStv and GOtv, recently announced an increase in subscription rates for its Nigerian audience. The increase is set to take effect from the 1st of May 2023. Although the growth in the subscription rate is not specific to Nigeria, it doe…
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