Multichoice Wants to Take on Netflix

What’s happened this Week:

• TikTok removes more than 360,000 videos in Kenya

• Google Ghana appoints a new research lead

• and more!

In The News This Week:

TikTok Removes More Than 360,000 Videos in Kenya

TikTok has released its Q2 2024 Community Guidelines Enforcement report, shedding light on its content moderation efforts in Kenya.

Fintech Firm DigMo Launches in Zambia To Gamify Financial Planning for Africa’s Mass Market

DigMo, a new fintech aiming to help low- and middle-income earners in Zambia build wealth, has launched with a wallet service licensed by the Bank of Zambia.

Bank of Ghana Issues New Outsourcing Directive for Financial Sector

The Bank of Ghana (BoG) has rolled out an outsourcing directive to tighten governance and risk management in Ghana’s financial sector.

In the rest of the news:

• MultiChoice Working To Secure Regulatory Approval To Complete $3 Billion Canal+ Acquisition

• Meg Whitman Resigns As US Ambassador to Kenya Following Trump’s Election Win

• Starlink Gets Approval To Operate Its Satellite Internet Service in Chad

• Google Ghana Appoints Perry Nelson as New Research Lead

• Kora and Finextra Launch Report on the Future of Embedded Finance in 2025

• Ghana Development Bank Faces Accusations Of “Reckless” Spending Practices

• MultiChoice Group Sees Active Subscribers Drop By 11% To 14.9 Million

• Bank of Ghana Suspends Consolidated Bank Ghana’s Forex Trading License

Africa Ecosystem Activity

• $270m growth debt fund Bootstrap Europe opening Africa franchise

• Egyptian interior design startup Efreshli raises seed funding round

• Egyptian e-procurement startup Teradix wins $140k grant for Saudi expansion