According to a statement seen by Bendada.com, vital Flutterwave products, such as Flutterwave for Business, Send by Flutterwave, Flutterwave Store, and Flutterwave for Fintech Platform, will be transitioned onto the robust Azure cloud platform. CBN adds social media handle(s) as a KYC requirementThe news: The Central Bank of Nigeria (CBN) has disclosed that social media handles are now a mandatory know-your-customer (KYC) requirement. "The mandatory requirement of social media handles or addresses of customers does not serve any legitimate aim. In 2021, Google's BFF in Africa invested in 50 startups; in 2022, it went up to 60, but only 25 African startups were selected this year. Similarly, YC's selection of African startups into its accelerator dropped massively from 24 in Winter 2022 to only three this year, an 87.5% decline.

Source: The North Africa Journal June 27, 2023 13:56 UTC