Weeks after $6.3 million was allegedly stolen from Flutterwave in a system hack, sources claim the fintech has suffered two more hacks where culprits illegally transferred $1.2 million from its accounts. The fintech denies the hacks. More in #TCDaily.
Kenyan president William Ruto has reversed the 2020 rule that mandates foreign companies to have at least 30% Kenyan ownership to operate in the country. More in #TCDaily.
MTN is investing $83 million in alternative power sources in South Africa. With the adverse effects of load shedding, the telco has recorded spikes in vandalism; over 390 sites have been vandalised since January 2022. More in #TCDaily.