Many African apps run on data centres and cables outside the continent. When wars hit those places, services here slow down or stop.
A war far away can switch off your apps: here’s why
Nigerian fintech Raenest buys UK payments firm Remitise
Raenest has bought 100% of Remitise, an FCA-registered UK payments company, giving it its own regulated base in Britain.
Kenya now taxes the fee behind your card and phone payments
Kenya now charges 16% VAT on the fees behind card and digital merchant payments. Person-to-person transfers are not automatically affected.
