Communications Minister Solly Malatsi is denying any claims that Elon Musk’s company influenced the planned changes to South Africa’s telecommunications licensing framework. Solly Malatsi denyling claims The claims come after policy changes to allow Equity Equivalent Investment Programmes (EEIPs) as an alternative to existing ownership requirements. But Malatsi claims that these changes were already included in the Democratic Alliance’s 2024 election manifesto and the Government of National Unity’s Medium Term Development Plan, according to Business Insider Africa. Additionally, Committee chairperson Khusela Sangoni alleges that public affairs firm Resolve Communications arranged
The Democratic Republic of Congo is set to launch its first stock exchange in 2027, which will include the Congolese franc and the US dollar. Finance Minister Doudou Fwamba Likunde Li-Botayi told Bloomberg News that the new exchange will allow the country to benefit from the growing demand for crucial minerals that will fuel the AI revolution. “The reality of our economy is that it is strongly dollarized,” Li-Botayi said in an email response, highlighting that more than 95% of total banking system deposits and over 80% of public securities
South Africa is rolling out over 33,000 CCTV cameras, drones, and helicopters, and deploying 13,000 law enforcement officers across Gauteng Province ahead of Tuesday’s anti-migrant protests. The operation, which will cost an estimated R600 million ($35.5 million) will be the largest domestic security operation in recent years, according to Business Insider Africa. The anti-migrant protests The operation comes after concerns from migrant communities who are seeking refuge at embassies and advice in Johannesburg and Cape Town. Some migrants have left their homes and businesses ahead of demonstrations organised by the anti-illegal-immigration movement, March
Kenya plans to create a marketplace for government datasets for commercial use over the next five years. Citizens’ data could be accessed by businesses, researchers, and NGOs through subscriptions, licensing, and data-as-a-service offerings, according to TechPoint. The plans fall under a draft National Data Governance Policy, which would make Kenya the first African country to coomercialise public-sector data on a large scale. The project is set to cost nearly $3.1 million and could commence as soon as next month, according to Semafor. Kenya creating a marketplace for government data The government
CreditChek, a Nigerian credit data company, has raised $600,000 to enter the East African market. Janngo Capital led the round, with participation from previous investor Assembly Investors and new investors Vastly Valuable Ventures and Unipeg Capital. The Nigerian company plans to expand in Kenya, Uganda, and Rwanda. “We’re building the data infrastructure that allows lenders to access richer, more reliable insights,” Kingsley Ibe, co-founder and chief executive of CreditChek, told TechCabal. ‘This funding allows us to scale our infrastructure and partnerships in East Africa, bringing us closer to a future
Kenya is seeking KES 2.7 billion ($20.8 million) from the government to develop an AI-powered system to monitor social media. The State Department for Broadcasting and Telecommunications told the National Assembly’s ICT committee that the tool will help curb misinformation on social media. The AI tool would analyze social media conversations and public opinion on government policies, according to MEXC exchange. Kenya building an AI tool Officials state that the tool will improve the way the government communicates its work to the public, as reported by Techpoint Africa. It would
Uganda’s communications regulator has given Starlink a provisional license to operate in the country, as reported by Techpoint. The license was granted to Starlink, SpaceX’s satellite internet service, but Airtel Uganda had previously started testing Starlink’s direct-to-cell (D2C) LEO satellite service. Starlink operating in Uganda Starlink could improve connectivity in locations where terrestrial network infrastructure is limited, as the direct-to-call l technology allows standard mobile handsets to connect directly to satellites without specialized equipment. Airtel Uganda’s testing of the D2C service underscores the growing interest among established telecom operators in
South Africa’s Minister for Communications and Digital Technologies, Solly Malatsi, is planning to introduce legal changes to the country’s Electronic Communications Act to allow Starlink to operate in the country, according to Techpoint. Starlink was blocked from operating in South Africa due to its Black Economic Empowerment (BEE) rules. South Africa created the BEE laws to address racial inequalities stemming from apartheid. The policy is supported by the African National Congress Party (ANC), a political party in South Africa known for its opposition against apartheid. Changes to the Electronic Communications
London-based live entertainment platform for African music and talent, The Malachite Group (TMG), has launched its Culture Investment Program in partnership with Republic Europe. Investors and supporters can now share in the platform’s ownership. TMG’s portfolio includes Afro Nation and Piano People, both of which have sold tickets in several countries. The company has become one of the fastest-growing festival-led social media brands globally and co-launched the official Afrobeats Charts with the BBC in the UK and Billboard in the US, cementing its role in shaping the global narrative around
Nigerian fintech startup Moniepoint has acquired Orda Africa, a cloud-based restaurant management platform operating in Nigeria, according to a press release. Orda will join Moniepoint’s digital ecosystem, which includes payments, credit, and bookkeeping, enabling the company to help restaurants track and manage orders. Orda operates in Nigeria and Kenya, but the acquisition will only cover its operations in Nigeria. “Nigeria’s food service industry is one of the fastest-growing sectors in the country. Millions of Nigerians depend on it for their livelihoods, and millions more rely on it daily to feed,”
