Africa News Roundup: Out with ATM PINs, in with biometrics

by | Dec 18, 2017

Here are last weekend’s top headlines on startups, entrepreneurship, innovation and tech around Africa.

No more PINs? This should be interesting. The Central Bank of Nigeria (CBN) is reportedly planning to replace ATM PINs with biometric IDs (fingerprints, perhaps iris scans?) because apparently, too many “illiterate people” are posing a security risk by giving out their PINs to third parties.

If you ask me, I’d say maybe we need to figure out our National ID scheme first before moving on to such logistically challenging things. But then again, seeing as the BVN project was a relative (debatable) success, maybe I am being unfair. Read more on Nigeria Communications Week

MTN Ghana. MTN Ghana has announced a $113 million syndicated loan facility, arranged jointly by Ecobank Ghana Limited and Ecobank Development Corporation (EDC), that will be used to finance infrastructure expansion and working capital needs across the country. Read more on IT News Africa.

Regulating Bitcoin. The South African Revenue Service (SARS) is in discussions with some of the top technology companies in the world to enable it to track cryptocurrency trades more efficiently in the country. Read more on TechCentral.

Oromo protests. Ethiopia’s government has blocked the internet following days of protests and unease that resulted in deaths and injuries in universities and towns across the country. Read more on Quartz Africa.

Featured image: African Business Magazine

Múyìwá Mátùlúkò
Múyìwá Mátùlúkò

Chief Servant. I bully myself because I make me do what I put my mind to.


Are you in tech and you are looking at getting a foreign remote job or you want to move abroad? Fill this form and you will get the BEST resources to help you get that high paying remote job as well as japa easily! WAGMI!

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

Recent News

Reclaiming stolen African artefacts

Reclaiming stolen African artefacts

On #TechpointDigest, Victoria Fakiya (@latoria_ria) discusses how Traction wants to stop fake alerts, Canza Finance’s journey, Esaal’s $1.7m seed round, and JABU’s $15m series A.

[PODCAST] Relooting African art with NFTs

[PODCAST] Relooting African art with NFTs

What do you think about an NFT project that wants to reclaim Africa’s lost artefacts? Well, the editorial team had some interesting thoughts, and you can listen to this and other stories on today’s episode of #TechpointAfricaPodcast.

$2 million to drive learning via WhatsApp 

$2 million to drive learning via WhatsApp 

On #TechpointDigest, we discuss how major players in the African mobility space can change the mobility narrative, FoondaMate’s $2 million funding, Twitter Create, and AMP’s $5.6 million seed round.

[PODCAST] Taxing calls to give you healthcare

[PODCAST] Taxing calls to give you healthcare

The Nigerian government wants to tax phone calls to provide better healthcare. In today’s edition of the #TechpointAfricaPodcast, we discuss possible implications and upsides to this.

Subscribe to Techpoint Digest!

A daily 5-minute roundup of happenings in African and global tech, sent directly to your email inbox, between 5 a.m. and 7 a.m (WAT) every week day!

Please check your email to confirm your subscription.

Subscribe to Blockchain Explorer

Analysis oninnovation, regulations, and trends inthe blockchain sector, as it concerns Africa

Please check your email to confirm your subscription.

Subscribe to The Experts

A bi-weekly where tech career specialists take us on their journey from newbie to expert, and how they became successful in the industry.

Please check your email to confirm your subscription.

Subscribe to Founder's Table

A monthly series, where we catch up with founders in the startup ecosystem, learn about their failures, successes and a few tricks of the trade

Please check your email to confirm your subscription.

Copy link
Powered by Social Snap