Ghana Moves to Regulate Crypto as Adoption Soars
Ghana plans to license cryptocurrency platforms to regulate the growing asset class. The Bank of Ghana will present a regulatory framework to Parliament by September.
FIRS wants banks and fintechs to share transaction data for VAT monitoring
FIRS has developed a real-time portal to track VAT-eligible electronic transactions. The 'Transaction Monitoring System' mandates integration from banks, card schemes, fintechs, and payment service providers.
“I asked ChatGPT for a hug”: Nigerians are turning to AI for emotional support
Tomi, a 23-year-old, uses ChatGPT to express her feelings of exhaustion and unrequited love, seeking comfort in AI responses. Favour, another user, turns to ChatGPT for support during job hunting and post-graduation uncertainty, finding the chatbot's responses personal and helpful.
10 Common Mistakes African Founders Make (And How to Avoid Them)
Poor market research leads to wasted resources and misaligned products. Flawed business models result in unsustainable revenue streams.
