Here are last weekend’s top news headlines about startups, entrepreneurship, innovation and tech around Africa.
Cyber-tokens. The South African Reserve Bank has taken an official stance on digital currencies like bitcoin, referring to them as “cyber-tokens. This is because, according to the authority, digital currencies do not meet the criteria to be classified as money. Read more on TechCentral.
Meanwhile, in Zimbabwe… You may remember that earlier in May, the Reserve Bank of Zimbabwe banned banks from facilitating cryptocurrency trading in the country. Well, as it turns out, the High Court of Zimbabwe disagrees and has suspended the ban. Read more on Techzim.
ViewFines confirmed source of SA data leak. Last week, we told you about a data breach that leaked over 900,000 personal records of South Africans. ViewFines, an online platform for playing traffic fines, has been confirmed as the source of the leak. Read more on iAfrikan.
- Opera to acquire controlling stake in Nigerian mobile money platform, PayCom
- You are likely to start paying more for calls, data services
- NERC approves Huawei and 21 other companies to supply prepaid meters in Nigeria
On January 27, 2021, Techpoint Africa will be hosting the brightest minds in decentralised finance/crypto at the Digital Currency Summit tagged “Building the money of the future” Click here for more details, registration and sponsorship.
Report: Millionaire West African startups” raised over $1.806 billion between 2010 and 2019, 97.9% of which went to Nigerian startups. Get a free overview and 50% purchase discount here.
Listen to Built in Africa, a podcast by Techpoint Africa