Tag: digital economy
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The American Takeover of TikTok: A New Digital Colonialism or a Blueprint for Sovereignty?
For months, the fate of TikTok, the wildly popular video app used by 170 million Americans, hung in the balance. Now, a landmark deal has been sealed, shifting its US operations from Chinese ownership to a powerful consortium of American corporate giants, including Oracle, Silver Lake, and MGX. But beneath the surface of this corporate…
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Meta Threatens to Pull Out of Nigeria Over $290 Million Fine
Meta Platforms Inc., the parent company of Facebook and Instagram, is facing serious regulatory heat in Nigeria. The West African nation has imposed a hefty $290 million fine on the tech giant, accusing it of violating local laws related to digital operations and user data. In response, Meta has described the fine as “unrealistic” and…
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🇲🇬Madagascar Faces Mobile Money Crisis Amid Tax Controversy
The mobile money sector in Madagascar is at a critical juncture following debates over a new proposed tax bill that many experts, businesses, and stakeholders are labeling as inefficient and dangerous for the country’s growing digital economy. Mobile money services are a lifeline for millions of Malagasy citizens, providing financial inclusion in a country where…
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