Fintech Money Fellows bags $13m for Africa expansion

The telco says fintech innovation and surging data consumption boosted the company’s Q1 results, recording 12.3% year-on-year increase in service revenue.

The businesses say they would continue to look into other ways to enhance digital access on the continent.

The company says it presently offers a network of over 50 cloud security service centres worldwide, with a mitigation capacity of up to 15Tbps.

The vision includes accelerating the availability of low-cost smartphones, increasing mobile banking options, and decreasing barriers to digital participation.

The funds will enable Kofa to expand its artificial intelligence-powered battery-swapping network in Ghana, Kenya, and beyond.

The telco said the new infrastructure not only enhances communication but also creates financial and employment prospects for the local populace.

The crime is a major issue in both the UK and Nigeria, thus the governments plan to strengthen existing collaborative efforts to crack down on cyber-criminals.

While still functioning, the legacy system has limits, and as a result, the ministry will decommission the current legacy system and transition to the newly designed Trust System.

The two companies will deliver connectivity and digital services to Moroccan enterprise customers.

To mark the day, Zambia yesterday started an initiative, Learn-a-Thon, to empower schoolgirls with ICT skills.

The program aims to encourage customer listening at all levels of the organisation by bringing together over 10,000 workers from various functions.

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