Nigerian fintech startup Moniepoint announced the launch of MonieWorld, a platform that offers immigrants various financial services, starting with remittances to Nigeria. The new financial product allows users to return money to Nigeria, beginning with the UK. “With MonieWorld, Nigerians in the UK can send money home in seconds directly into any Nigerian bank account. With remittances to Nigeria crossing $20B in 2023, we see this as an opportunity to support economic growth in Nigeria, while bringing families closer,” the company said in a blog post. Customers will be able
The Distributed AI Research (DAIR) Institute is calling on social media companies to address the spread of violent speech and warmongering on their platforms to stop a looming war between Eritrea and Ethiopia. Researchers at the institute have spent three years analyzing social media platforms’ role in exacerbating the 2020-2022 Tigray war and believe similar failures are happening again. “We performed computational analyses to quantify the level of hate speech on these platforms, and interviewed content moderators to better understand the organizational practices that have resulted in the platforms’ failures
Elon Musk’s satellite internet service Starlink has received a 10-year license to operate in Lesotho. The Lesotho Communications Authority (LCA) announced the approval on Monday, April 14, 2025, as Techpoint stated. Starlink will be Lesotho’s first satellite internet provider operating in the country, highlighting progress in expanding the nation’s digital transformation agenda, according to Space In Africa. “The approval of this operating licence clears the path for the Authority to finalise the terms and conditions under which Starlink Lesotho will provide satellite internet services to individuals and businesses across Lesotho.
Meta, the parent company of Facebook and Instagram, is facing a $2.4 billion lawsuit over allegations that its platform contributed to ethnic violence in Ethiopia. A Kenyan high court has ruled that the case, brought by two Ethiopian nationals and a Kenyan NGO, can proceed. Hateful content contributing to real-word harm The lawsuit was filed by two Ethopians, Abrham Meareg and Fisseha Tekle, and The Katiba Institute, a Kenya-based NGO. They argue that Facebook’s algorithms amplified hate speech and inciteful content, fueling violence during the country’s civil war. They claim
Nearly half of the facial recognition in London last year occurred in areas with a higher proportion of Black residents than the city’s average, The Voice Newspaper reports. Researchers from a political group in London circulated figures highlighting live facial recognition (LFR), which was used 180 times in 2024. More than half of these occurrences were in places with a larger Black population than the city’s average. How many faces were scanned? Across London, around two million people had their faces scanned, but only 804 arrests were made, which is
Migrants who were granted temporary stay to live in the US by using a Biden-era online appointment app have been told to leave the country, “immediately,” officials said on Monday. The number of individuals affected has not yet been confirmed. What Is CBP One? The CBP One app was introduced under President Joe Biden as part of an effort to create safer, legal pathways for asylum seekers and reduce illegal border crossings. The app allowed individuals to schedule appointments with immigration officials and apply for asylum at border crossings—primarily along
The Trump administration is urging some large companies in the EU to comply with executive orders to end DEI programs. Government officials have allegedly sent letters to companies in France and the European Union with US government contracts, stating that they should ban DEI initiatives if they want to hold on to their contracts, according to The Financial Times. “Department of State contractors must certify that they do not operate any programs promoting DEI that violate any applicable anti-discrimination laws and agree that such certification is material for purposes of
The Caribbean Venture Collective (CVC) is a new initiative aiming to close the longstanding gap in venture support for founders with ties to the Caribbean. Launched last week by Techstars alumni Daniel Smith and Mita Carriman, the CVC is a global network and founder fellowship program designed to increase visibility and access to capital for the region’s innovators. Venture support for Caribbean founders Trinidad-born Smith is the founder of Keepingly, a platform that helps homeowners manage and store homeownership documents. Carriman, born in New York to parents from Jamaica and
On Thursday, March 27, South Africa launched the first phase of a smart city development in Shongweni, outside Durban. The development, which is called Westown, is expected to attract around R15 billion ($822 million) in private-sector investment over the next 10 to 15 years and produce over 23,000 jobs. The initial phase is part of a wider project that includes, includes retail, housing, and healthcare facilities, according to Mybroadband. Transforming the development trajectory of the region Themba Masimula, senior project manager from the eThekwini Municipality’s Catalytic Projects Uni, told Mybroadband
The Nigerian fintech Payhippo, which previously provided SME loans, has rebranded to RIVY and raised $4 million in a pre-Series A funding round to focus on increasing clean energy financing in the continent. The funding was split between $2 million equity and $2 million debt. The seed round was co-led by EchoVC, a Nigerian venture capital (VC) firm through its $2.5 million Eco fund, which focuses on climate, energy, agriculture, and mobility solutions, and Shell’s All On, a climate-focused impact investment organization. Local debt providers supplied the debt. “Renewable energy is
