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NEWS

Spotify in Africa

Mar 7, 2021 |

With a new launch, Spotify’s African audience will have access to its unrivalled mix of features including more than 70 million international and local songs, 2.2 million podcasts and over 4 billion playlists. The platform will additionally provide listeners with calculated recommendations that are personalized to each person’s audio taste. Listeners can now engage Spotify on a range…

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Streaming Services Plug Into Mobile Phones

Mar 7, 2021 |

When Netflix first launched in Africa in 2016, early predictions suggested it was likely run into unique problems it had not faced elsewhere, from users’  internet connectivity problems to questions over its pricing. Five years later, the streaming giant is starting to tweak its Africa playbook by adapting to local market realities on the continent. Netflix has…

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Tanzania Moves to Regulate Airbnb

Mar 7, 2021 |

Tanzania has announced that it is giving a 50 days ultimatum to short-stay accommodation operators in the country. Government officials will go from ‘house to house’  to register US-based rental service Airbnb operators in the country. In recent times, tourism has become Tanzania’s fastest growing sector, with revenue from the sector valued at $2.3 billion…

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Nigeria Rejects Cryptocurrencies

Mar 7, 2021 |

In a surprise move the Central Bank of Nigeria (CBN) Nigeria’s central bank ordered deposit-taking banks and other financial institutions immediately to close accounts transacting in or operating cryptocurrency exchanges. Failure to comply will result in “severe regulatory sanctions,” according to a circular sent to financial institutions. The country’s Securities and Exchange Commission said in September it would regulate…

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The AfCFTA

Mar 7, 2021 |

At the recent Heads of State meeting (the last chaired by President Ramaphosa as AU Chair, he has now been replaced by the President of the DRC) it was agreed to bring up the agenda in order to include in the 2021 work programme a Protocol on Ecommerce, and to get the AUC to start…

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