African businesses
6 Common Cybersecurity Mistakes Made by Startup Companies
Image sourced from Pixabay Some of the most successful companies today began their journey as startups. They usually start with a brilliant idea or a new technology that promises to solve a problem to rethink the way we do business. The African region is no stranger to startups, where reports suggest that African startups raised near $5 billion in total estimated funding from 740 deals last year, predominantly in tech startups. This is more than a 250% increase from the $1.3-billion estimated total funding raised in 2020. Startup owners often draw attention to issues of business planning, marketing strategy, and attracting additional investment, but do not address the need to build a solid cybersecurity system. The lack of a clear understanding of threats can cost a startup a potentially s...
Flutterwave Partners with Paypal to Transform eCommerce Payments for African Merchants
PayPal has joined forces with Flutterwave to allow PayPal users around the world to pay African merchants through Flutterwave’s platform. This collaboration is expected to be ‘instrumental’ in supporting SMEs and freelancers to overcome the many challenges presented by the highly fragmented and complex payment and banking infrastructure, as well as connecting them with more than 377 million PayPal account holders globally. Traditionally, Africa’s eCommerce ecosystem has lacked suitable payment solutions to meet the demand for seamless transactions worldwide, further constraining its contributions to the global digital economy. However, this collaboration hopes to eliminate significant barriers that have previously hindered African consumers and businesses from the untapped potential of cro...
