Browsing: Buyout

phone 286d19cc0d776acd9df7bee0b022893e9c0f3f277dd0cf936cb9be3e3f6b93d1

This comes after the National Treasury exempted the digital lender from a law limiting individual shareholding in microfinance to 25 per cent.

In a gazette notice signed by the Cabinet Secretary National Treasury, Ukur Yatani, the San-Francisco based fintech has been exempted from Section 19 of the Microfinance Act (for 4 years through 2025).

Currently, individuals or single entities are barred from holding more than a 25 per cent stake in a microfinance institution.…

theexchange.africa
  • The game has been acquired for an undisclosed price in the “low seven figures.”
  • This adds to the publications growing portfolio of word games including The Crossword, The Mini, and Spelling Bee
  • As of December 2021, The NYT had over one million games subscriptions

It has now become common for one to come across a post on different social media platforms with the title Wordle accompanied by a specific figure and what appears to be a strange-looking yellow, green and black graph. 

This growing phenomenon is courtesy of a puzzle known as Wordle created by Brooklyn-based software engineer Josh Wardle in October 2021. 

The game initially created for Wardle and his partner Ms. Palak Shah has now been purchased by the New York Times (NYT) Company. According to the NYT, the game has been acquired for an undisclosed price in the “low seven figures.”

Read: Piecing the Puzzle of African