Tag: digital economy
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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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𝕋𝕙𝕒𝕟𝕜𝕤 𝕗𝕠𝕣 𝕥𝕙𝕖 𝕦𝕡𝕕𝕒𝕥𝕖 .