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Phising Scams Surge 234% in Africa, Especially in Tech Powerhouses

Image sourced from NorthJersey.com New data from Russia-based cybersecurity firm Kaspersky reveals that the prevalence of phishing and social engineering scams has increased significantly in Africa in Q2 2022 in comparison with the previous quarter. The company’s security solutions detected 10,722,886 phishing attacks in Africa in Q2, showing a 234% increase from the previous quarter. Tech powerhouses across Africa have seen the highest amount of growth in scams. Kenyan users have been influenced the most by this type of threat: there were 5,098,534 phishing attacks detected in 3 months – a growth of 438% when compared to the previous quarter. It was followed by South Africa (4,578,216 detections and a growth of 144%) and Nigeria (1,046,136 detections and a growth of 174%). In particular, ...

Ongoing: Unknown “Malicious Actor” Drains Millions From This Crypto Blockchain

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What are the Special Economic Zones in Africa?

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How Can Energy-Efficient Appliances Help You Save Money?

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Tyme Bank Makes Major Moves in SME Fintech with New Acquisition

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SABC to Broadcast English Premier League Games: When & Where

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Orange Telecom Casts Its Tall Shadow Over Nigeria

Sourced from MSNBC. France’s Orange Group, one of the largest telecom companies in Africa, has reportedly set its sights on a possible expansion into Africa’s most populous country, Nigeria. This is according to a statement issued by the Nigerian Communications Commission (NCC), where it is detailed that Orange sent a six-person team from its Middle East and Africa division led by non-executive Victoria Adefala to scout the Nigerian market for expansion opportunities. Orange would be entering a highly competitive telecom market in Nigeria, with four other operators already vying for power, with MTN Nigeria holding the largest market share, followed by Globacom, Airtel, and finally 9Mobile. “We are here to ensure steady investment for the long term. We also want to support the vision of the...

Some Relief: This is How Much SA Petrol Prices Will Drop Tomorrow

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SA’s Teraco Has Been Acquired by This US Cloud Computing Firm

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Nedbank’s Latest Partnership: “The Perfect Way of Expanding to New Markets”

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MTN Nigeria Posts Latest Results, Sees Massive Fintech Boom

MTN Nigeria has today announced its unaudited results for the half-year ended 30 June 2022. The company, an arm of MTN Group, considered Africa’s largest telecom in terms of subscribers and revenue, continues to report positive growth, particularly in its fintech wing. The half year saw MTN Nigeria’s active fintech subscribers grow by 87.3% to 11.5-million, including the registration of 4.2-million MoMo wallets since the launch of the fintech PSB on 19 May of this year. A massive gain for the business that was affected by a series of shady bank transfers in the country in June. Across the board, MTN Nigeria reported positive results with a 7.6% increase in mobile subscribers to an enormous 74.1-million, adding 5.7-million in the quarter alone. Active data users also increased by 13.2% to 3...

Software Firm Odoo Says Jambo to Kenya

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