Seolahm has never positioned itself as a local solution with limited horizons. From its earliest days, the personal finance and wealth-tracking platform has been guided by a broader conviction: that Africans—wherever they live—deserve clear, intelligent tools to understand their net worth, plan their futures, and make confident financial decisions. And that conviction is beginning to shape the company’s next major chapter. Following strong adoption within Nigeria and growing interest from users outside its home market, Seolahm has outlined clear intentions to expand beyond national borders. The company is laying the groundwork to serve other key African markets, while also extending…
Author: DigitalTimesNG
Director General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa has underscored the significance of collaboration and cooperation among African nations in leveraging technology for inclusive growth and sustainable development. Inuwa, who was represented by Dr. Aristotle Onumo, said this while addressing the Council of African Information and Technology Agencies (CAITA) Meeting of the Smart Africa Initiative at GITEX Africa in Morocco, where representatives from various nations came together to discuss key issues pertaining to digital transformation and technology development on the continent. The DG stressed the importance of the alliance in addressing the challenges faced by African…
• Fintech deal activity reached 452 transactions in May 2023, a 42% drop from May 2022
• Fintech companies raised a combined $3.2bn in May 2023, a 65% reduction YoY
• The USA was the most active Fintech country in May with a 42% share of total deals
Research has shown that 9 of 10 countries demonstrating the best cybersecurity literacy skills are European, while Vatican City (or The Holy See) tops the global ranking, as the National Privacy Test results indicate. With 58 points, South Africa ranks 50th on the global scoreboard. Organised by NordVPN, the National Privacy Test is designed to evaluate aspects of an individual’s online life, including their understanding of cybersecurity in theory and their ability to recognise online threats and react accordingly. “The National Privacy Test is a tool to compare cybersecurity skills in various countries and regions. It offers the possibility to…
Shanghai is the leading smart city in 2023, according to a new study by Juniper Research. The city is ranked first for the second year in a row. The top five smart cities, as ranked by Juniper Research, are Shanghai, New York, Toronto, Seoul, and Shenzhen. The ranking of 50 world cities by Juniper Research is based on the evaluation of many different smart city aspects, covering transportation and infrastructure, energy and lighting, city management and technology, and urban connectivity. The research placed Shanghai in the top spot due to its Suishenban Citizen Cloud, which provides access to over 1,000…
A Juniper research study has shown that the value of digital prepaid card transactions will exceed $3.98 trillion globally by 2028, up from $528.7 billion in 2023. The study found that, by 2028, the value of digital prepaid card transactions will represent just under 60% of total prepaid card spending, up from 15% in 2023, demonstrating the rapid growth of digitisation. It also reflects the greater use of digitally issued open-loop prepaid cards as loyalty rewards, replacing more traditional gift cards, according to an IT-Online report. Open-loop systems, where payments can be made anywhere cards are accepted, will lead to…
The much anticipated 3,800km route marks a new era in East-West connectivity on the continent, adding to Liquid’s One Africa Digital Network, which now spans 110,000 km
In a short statement, business and academic leaders said the risks from AI should be treated with the same urgency as “pandemics or nuclear war.”
HMD Global has launched a new edition of its Nokia 2660 Flip phone aimed at younger people – Gen Z and Millennials- who want to limit their smartphone screen time to increase their well-being or for other reasons. The trend, which started in the US, is expected to significantly boost the feature phone market in North America, HMD said. Available in Pop Pink and Lush Green, the “dumbphone” comes with a brightly coloured and durable clamshell design and sports a rear camera for lo-fi Y2K style pictures, a battery life of weeks, and the snake game. It only supports SMS…
Pay-TV group MultiChoice Group, Rapyd and General Catalyst have announced a joint venture aimed at developing an integrated payment platform for Africa. The joint venture will operate under a new company called Moment. Moment will consolidate the USD 3.5 billion in payments that the MultiChoice Group processes annually to expand options for subscribers and make payment processes efficient, as well as extend the payment network to African and global businesses. Moment offers expanded payment infrastructure for businesses across Africa to help them collect and make payments easier, quicker, and more affordable in any manner that their buyers or suppliers prefer.…