Chinese hackers attack Kenyan government

Chinese hackers attack Kenyan government

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Editor’s Note

  • Week 21, 2023
  • Read time: 5 minutes

This week brings a mixture of pleasant firsts and unhealthy information. Read on to find out about Kenya’s first electrical bus charging station, and unlucky incidents like breaches, licence losses, and extra.

Pamela Tetteh Editor, TechCabal.

Editor’s Picks

Chinese hackers attack Kenya

In a wok of digital mischief, Chinese hackers took purpose at Kenyan government establishments from 2019 to final yr. Their crafty plan? To entry to billions of {dollars} in debt owed to Beijing.

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Patricia loses crypto belongings in breach

Digital asset market Patricia has reported a compromise of its crypto belongings. They’re placing their detective hats on and declare to have unmasked one of many naughty culprits.

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Eyowo’s difficult yr

The digital financial institution Eyowo, has endured a stormy yr. While getting ready for a mini-pivot, it has owed salaries and this week, its MFB licence was revoked.

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Kenya warns towards Wangiri scams

The Communications Authority of Kenya has warned Kenyans to not return calls from any unusual worldwide numbers as they could lose cash within the common Wangiri rip-off.

Learn extra.

Kenya will get first electrical bus charging station

BasiGo Company has established the Kenya’s first bus charging station! Now, Kenyans can plug in and zap away these carbon emissions.

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Central Bank of Nigeria revokes 179 licences

On Tuesday, the Central Bank of Nigeria (CBN) determined to wash home and sweep away all these monetary cobwebs. It revoked licences of 179 microfinance banks (MFBs) and fintech.

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Nigeria’s ICT minister strikes to alter the startup act

In a a lot criticised transfer, Nigeria’s minister of communications and digital economic system, Isa Pantami, is attempting to institute a brand new board to drive the Nigerian Startup Act (NSA).

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Kenya’s $40 smartphone might value extra

President Ruto’s push for sky-high taxes might flip Kenya’s eagerly anticipated pocket-friendly domestically assembled $40 smartphone right into a distant dream.

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Bolt opens first Kenya workplace for drivers

Bolt sprints into Kenya with a brand new workplace, however don’t combine it up with their fancy Nairobi hub. That one’s reserved for high-level managers overseeing operations throughout Africa. The information one is for dealing with drivers’ considerations.

Learn extra.

China’s Tesla is coming to SA

Chinese automotive firm, Build Your Dreams (BYD), often known as “China’s Tesla”, might be launching its compact electrical crossover—the BYD Atto 3—in South Africa quickly.

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Vodafone to promote MPHCL for $1

Kenya’s Safaricom is shouldering additional duties, as Vodafone has declared that it’s going to hand over M-Pesa Holding Company Limited (MPHCL) to Safaricom for only a greenback.


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Who introduced the cash this week?

  • South African edutech firm, Play Sense, raised an undisclosed quantity in pre-seed funding from Grindstone Ventures.
  • Kunda Kids, a Nigerian media publishing firm and artistic studio, raised $700k within the pre-seed funding spherical. 
  • Egypt-based health-tech firm Dawi Clinics closed $8 million in an undisclosed funding spherical.
  • South African digital banking platform, Tymebank, raised $77.8 million in a pre-series C funding spherical. 

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