The case was dismissed on the orders of Justice Nixon Sifuna, who noted that the petitioners – the plaintiffs – had no case because they failed to comply with court orders.
Pass: In March 2023, three petitioners continued Safaricom, claiming that it is illegally operating its Fuliza loan service. Gichuki Waigwa, Lucy Nzola and Godfrey Okutoyi argued that Safaricom was using M-Pesa as a banking service for which it had no license. The petitioners also argued that they, as well as other M-Pesa users, should benefit from interest accrued on M-Pesa deposits and Safaricom loans to Fuliza users.
The case seeks KES 305 billion ($2 billion) in damages for fraudulent misrepresentation and non-disclosure of information.
Uninterested complainants: The matter is now rejected as the petitioners failed to comply with an October 4 ruling that required them to serve Safaricom and 21 other defendants, including Vodafone, with evidence they were required to share in court.
“Due to plaintiffs’ own indolence and consistent failure to comply with court orders, they dismissed their own action,” the judge ruled.
Zoom out: But this is not the end. All three petitioners still have the option to file a new complaint, but so far it appears they either have no evidence to support their claims in court or are not interested in pursuing what will certainly be a long and arduous process.
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Nigeria to launch geospatial data repository
GIF source: Tenor
This week, the Nigerian government announced launch an electronic civil registration and statistics system (eCRVS) and a geospatial data repository.
eCRVS? eCRVS is a digital system that collects, stores, manages and analyzes vital events such as births, deaths, marriages and divorces. It replaces traditional paper records with an electronic database, making recording and tracking vital information more efficient and secure.
The country’s population minister said the move was okay with the resolution adopted at the sixth session of the Conference of African Ministers Responsible for Civil Registration and Vital Statistics (CVRS) held at the United Nations Conference Center in Addis Ababa in October 2022. The resolution encouraged all countries on the continent to automate the CRVS process and ensure the implementation of the United Nations legal identity agenda.
Curfew: Nigeria’s implementation of eCRVS systems is a positive step towards improving the accuracy and completeness of vital statistics. However, the country’s attempts to implement technological solutions for national projects have had questionable results in the past. Its $663 million Bimodal Voter Accreditation System (BVAS) failed in the last election, with the government claiming the scheme was not “ready for large-scale use”. It remains to be seen whether the implementation of eCRVS will go smoothly.
Uber goes electric in South Africa
Uber during the launch of Uber Package. Image source: MyBroadBand
Uber will launch its first electric vehicle-based service in South Africa in December, according to MyBroadband. The vehicles will be used for the Uber plan which allows users to book same-day pickup and delivery of a package within a single geographic area.
In August, the ride-hailing company also spear electric scooters in Kenya which the company says could reduce operational expenses by 30-35%. Uber declared in March, it predicts that 25% of kilometers traveled on the platform will be done by electric cars by 2030.
Learn more about vehicles: Electric scooters will be used for the Uber Package service, and unlike traditional electric vehicles where charging takes place directly via a station or socket, the scooters will be equipped with hot-swappable batteries.
The service will begin in Cape Town in December 2023 and expand to Johannesburg in February 2024.
Oh the irony: Of course, the irony here is that Uber is launching this service in the midst of South Africa’s energy challenges as the country’s national grid struggles to keep up with demand. Last month, the World Bank approved a $1 billion loan to help the country reform its energy sector.
Despite challenges, South Africa has Africa’s most advanced e-mobility market according to Statistawith around 1,000 electric vehicles in 2022 out of a total fleet of 12 million automobiles.
Gozem acquires Mooneex
The Gozem and Moneex teams. Image source: Moneex
Gozem, a great Togolese application platform acquired Moneexa Beninese fintech.
How much? The details of the acquisition have not been announced but the founders of Moneex will acquire a stake in Gozem.
My ex ? Launched in 2021 as Kryptonite Africa, Moneex started as a crypto remittance startup. It then pivoted in 2022 to offer multi-currency accounts to businesses and individuals.
A larger room: Gozem’s acquisition of Moneex allows the super app to introduce a mobile money service, Gozem Money, which will launch in Togo and Benin in the coming days. The mobile money feature will be added to the list of offers available on Gozem’s super app, which offers on-demand transportation, food delivery and messaging services.
Martial Konvi, Global Head of Product at Gozem, says the acquisition of Moneex represents the company’s commitment to providing digital services to its users on the African continent.
Curfew: Gozem’s acquisition of two-year-old Moneex strengthens its presence on the continent. The super app platform, which aims to step into the shoes of global giants WeChat and Alipay, has footprints in four African countries, including Cameroon and Gabon. According to Gozem’s general manager, Raphael Dana, the startup has around 160,000 unique customers.
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The World Wide Web3
Name of the scene
*Data as of 9:55 p.m. WAT, November 8, 2023.
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Binance has launched a web3 wallet for all of its 150 million users. But what is that for ? CoinDesk Reports that the wallet can be used to interact with the decentralized finance (DeFi) ecosystem. Users can create a wallet through Binance’s mobile app, which will also serve as a venue for DeFi activities such as staking, lending, and borrowing.
Applications for the New business competition by the HBS African Business Club is now open. The competition aims to promote and support innovative businesses on the African continent. Ten semi-finalists will be invited to pitch their companies in front of more than 1,000 conference attendees, and the top three companies will receive non-dilutive cash prizes of $30,000, $15,000 and $10,000. Apply before November 15.
Applications are open for the Next Generation Social Sciences in Africa: Doctoral Thesis Research Grant 2024 (up to $15,000). The Social Science Research Council offers scholarships to support the completion of doctoral degrees and promote next-generation social science research in Ghana, Kenya, Nigeria, South Africa, Tanzania and Uganda. The scholarships support dissertation research on topics related to peace, security and development. Apply before February 11, 2024.
Citizens of Commonwealth countries in Africa can now apply for the Commonwealth Cyber Scholarship Program in Africa 2024. Selected experts will serve as fellows for one year and receive exclusive access to academic research opportunities, networking events, and annual conferences, with a focus on improving cybersecurity policies and institutions in Commonwealth countries in Africa. Apply before December 10.
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