technology
How Satellites Can Save African Countries from Natural Disasters
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MultiChoice Shares Soar as Nigerian Tax Dispute is Settled
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HPE South Africa Announces Two New Leadership Appointments
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Polygon users suffer failed NFT transactions as the network experiences downtime
The network has had an issue affecting one of its two Polygon PoS chain layers, Heimdall Polygon’s deployment on OpenSea was affected, making users unable to complete NFT transactions Speed and cost-focused Ethereum layer two scaling solution Polygon overnight suffered a recent outage. The network was down for more than 13 hours, leaving users worried and wondering why it was taking the developers so long to fix the said bug. The Issue The Polygon team informed users yesterday at 4.20 pm UTC that it anticipated the network would be down starting around 5:50 pm UTC, as one of its three consensus layers needed maintenance. It noted that the proof of stake users would be the casualties. Also, since the last time Polygon had a major bug, $24 billion of user funds were left at risk, the P...
Safaricom Hits 30 Million Monthly Active M-PESA Users in Kenya
Image sourced from Business Daily. Telco Safaricom has revealed that its active M-PESA users have surpassed the 30-million mark for its Kenya customers, according to Techweez. Techweez says that this new development follows after the product’s 15th birthday after its launch in May 2007. M-PESA has the most active market accounting for more than 30 million of the service’s 51 million customers across Kenya, Tanzania, the Democratic Republic of Congo, Mozambique, Lesotho, Ghana, and Egypt. “The growth in M-PESA customer usage has been driven by the launch of various innovations over the years including financial services such as M-Shwari, KCB M-PESA, and Fuliza,” Peter Ndegwa, CEO of Safaricom, said. Last year, Safaricom launched the M-Pesa Super app that enables users to request payments, s...
Top 5 Women Breaking the Bias in the Ghanaian Tech Space
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TymeBank Launches Medical Insurance App for South Africans
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3 Technologies that are Reshaping the Banking Industry in Africa
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You Can Now Split Bills On Uber Eats
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Crypto mining’s cost: How has hardware availability changed the industry?
Cryptocurrency mining has been and remains an attractive endeavor not only for fans of alternative financial instruments but also for those serious about investing. When deciding whether to start mining, potential miners keep several well-known factors in mind: equipment and electricity costs, suitable climate and favorable legislation in the country of operation. At least, that was the case until recently. In 2022, the situation changed and became more complicated. A few years ago, it was possible to mine cryptocurrencies by purchasing a graphics processing unit (GPU), reading a guide on how to construct a rig and simply mining coins. Such income was attractive for many online entrepreneurs, and soon new miners flooded the global market. Yet over time, the complexity of mining has i...
Fonbnk Raises $3.5-Million in Seed Funding to Aid Underbanked Across Africa
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Does Solar Power Mean No More Load Shedding? 5 Common Misconceptions
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