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New online payment solution to curb cyber fraud
Feb 13,2023
Kenya's fintech startup, JointPesa, in partnership with Fineserve Africa, has launched an online payment solution to protect users from fraud. The application enables users to carry out transactions without fear of defaults, safety, or product losses...
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Societe Generale (SG), a European bank operating worldwide, partners with HPS to improve its payment processing activities in 10 African branches.
Feb 12,2023
Societe Generale (SG), a European bank operating worldwide, partners with HPS  to improve its payment processing activities in 10 African branches. In the beginning, the HPS platform will be used for payment operations involving card issuing, po...
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Ethiopia's privatisation programme attracts African telecom operators
Feb 12,2023
Following the selection of Ethio Telecom as the first of four state corporations to be privatised, Pan African Telecommunications (MTN), Orange, and Vodacom are among its potential buyers.
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Google under EU regulators' fire for its alleged monopoly on the online advertising business
Feb 11,2023
With the Digital Services Act (DSA) and the Digital Markets Act (DMA) undergoing negotiations, Google became one of the main targets of the EU's digital regulation regime for its advertising business. Experts like European Publishers Council's Angela...
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Russia to increase taxes on US Internet companies
Feb 10,2023
Russia's 'Internet czar' Klimenko said in an interview that he is planning to force Google and Apple to pay higher taxes (18% VAT to as much as$3.9 billion) and to ban Microsoft Windows from government devices. He hopes to thereby stimulate...
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E-commerce will amount to US$29 billion in the GCC region in 2021
Feb 09,2023
 According to the e-commerce platform Ecomz, the Middle East has witnessed a five-fold increase in e-commerce since the start of the COVID-19 crisis. Social distancing and stores closures have made a large segment of the Gulf Cooperati...
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French court rules Uber driver is self-employed
Feb 08,2023
In a case brought forward by an Uber driver, thelabour tribunal in Paris, France ruled that Uber's 'business is intermediation rather than transportation', and that the driver was self-employed. The court denied the driver's request for a paid leave ...
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ICT sector offers empowerment for women
Feb 08,2023
An article in GreenBiz reports on the situation for women's opportunities in the ICT sector, first with a background from a BSR report 'Building Effective Women's Economic Empowerment Strategies', and then highlighting both challenges women face...
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European Parliament adopts regulation against geoblocking
Feb 07,2023
Voting 557 to 89, the European Parliament adopted a new regulation thatbans most types of geoblocking. Geoblocking restricts Internet content to particular geographic locations, which, for example, allows companies to charge different fees in differe...
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EU-India's new Trade and Technology Council to advance work in digital transformation, green technologies and trade
Feb 06,2023
India and the EU announced the creation of the new Trade and Technology Council (TTC), which aims to deepen their strategic partnership in trade and technology. Representatives of both partners will co-chair the TCC. It will provide the political fou...
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EU introduces new sanctions on Russia over the conflict in Ukraine
Feb 03,2023
In addition to the sanctions introduced on 25 February, a new set of measures was approved by the Council of the EU on 28 February. They adopt restrictions related to aviation and finance, introducing a prohibition to make transactions with the Russi...
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US introduces financial sanctions on Russia
Feb 03,2023
In response to Russia's military operations in Ukraine, the US Department of the Treasury's Office of Foreign Assets Control (OFAC) is also engaged in the application of sanctions on financial services. OFAC prohibited US persons from engaging in tra...
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