As part of a larger debt refinance effort to improve its financial condition and lower debt payments, Seplat Energy Plc has announced the start of a $650 million senior notes issuance that is due in 2030. Seplat Energy intends to buy back its $650 million 7.750 percent senior notes that are due in April 2026, […]

The House of Representatives on Tuesday moved a motion for all pornographic websites to be blocked, citing an erosion of values among the youths. The lower chambers passed a resolution directing the Nigerian Communications Commission (NCC) to block access to these websites during plenary on Tuesday. Dalhatu Tafoki, the member for the Faskari/Kankara/Sabuwa Federal constituency […]

Egypt is making significant strides in its digital transformation, with Prime Minister Mostafa Madbouly actively overseeing initiatives to enhance service efficiency and accessibility.  In a meeting held on Sunday, he emphasised the importance of streamlining procedures, modernising public services, and fostering a more business-friendly environment. Read also: PayTabs Group takes over PayTabs Egypt Enhancing public […]

Flutterwave, Africa’s leading payments technology company, announced on Tuesday that it has received approval from the Bank of Ghana to provide inward remittance services. This development marks a major step in enhancing financial inclusion and simplifying payments for Ghanaians. Read also: Nigeria, Flutterwave sign agreement to empower young people Ghana’s regulations back Flutterwave remittance expansion […]

On Tuesday, it was announced that Silver Box, a Middle East-based investment firm, has acquired Mobius Motors Kenya, a pioneering automaker in the country. This acquisition marks a new chapter for Mobius Motors, which had been facing financial challenges and was on the verge of collapse. Read also: Deel rebrands PaySpace following $100 million acquisition […]

The Joint Admissions and Matriculation Board (JAMB) has successfully concluded the online registration for the 2025 Unified Tertiary Matriculation Examination (UTME), with over 2 million candidates registering for the exam. This marks a notable milestone in the exam body’s efforts to streamline registration while enhancing security measures to prevent cheating. On Monday, JAMB released a […]

On Monday, Smiles, the UAE’s premier everyday rewards SuperApp, announced a collaboration with Amazon.ae to offer discounted Amazon Prime memberships to customers in the UAE. This partnership allows Smiles users to subscribe to Amazon Prime at promotional rates, enhancing their shopping, streaming, and savings experiences. Read also: AWS launches Ocelot, advancing quantum computing Smiles customers […]

Morocco’s high-speed rail ambitions are taking a major leap forward with a €781 million loan from France, enabling the purchase of 18 cutting-edge trains from French manufacturer Alstom.  The deal, part of a broader financial cooperation agreement, was announced during French President Emmanuel Macron’s visit to Morocco in October 2024. This expansion is a key […]

Elon Musk’s social networking network X experienced a significant outage on Monday as thousands of users complained about having trouble accessing the website. In response to the interruptions, Musk acknowledged that a major hack had hit X. “There was (still is) a massive cyberattack against 𝕏. We get attacked every day, but this was done […]

The High Court’s Human Rights Division on Monday overturned the Bank of Ghana’s (BoG) decision to cancel the operating licence of Ideal Finance Limited. The High Court’s decision represents a significant win for the now defunct financial institution in its continuous conflict with the top bank. The court determined that the action was unjustified because […]

On March 7, 2025, Sierra Leone announced the implementation of Meridian, an advanced software provided by the Commonwealth Secretariat, to enhance its public debt management capabilities. This move aims to improve financial transparency and decision-making by enabling real-time tracking of loans and repayments. Read also: Sierra Leone launches instant payment service to boost cashless economy […]

On Monday, the Trump administration announced the launch of a new mobile app, CBP Home, designed to facilitate the self-deportation of undocumented immigrants in the United States. This app replaces the previous CBP One app, which was used during the Biden administration to schedule asylum appointments at U.S. ports of entry. Read also: Hong Kong […]

Globacom, a telecom provider in Nigeria, has introduced an embedded SIM (e-SIM) service that enables users to connect to its network without a physical SIM card. In a statement released on Sunday, the business announced the launch and highlighted a 5GB data incentive for those who activate the e-SIM with a data plan that costs […]

With the goal of expediting the admission of foreign specialists in critical technical domains, Hong Kong has introduced the 2025 edition of the Technology Talent Admission Scheme (TechTAS). By providing a streamlined visa application process for professionals in high-tech fields like biotechnology, robotics, finance, cybersecurity, and artificial intelligence, this program aims to solidify Hong Kong’s […]

Revolut, the London-headquartered digital bank, is reportedly planning to enter the South African market.  Revolut, founded in 2015 by Nikolay Storonsky and Vlad Yatsenko, offered prepaid cards with low-fee foreign exchange. Eventually, it became a financial “super app”. This move could serve as a launchpad for the company’s expansion into other African countries. As of […]

On March 5, 2025, Nigerian ride-hailing drivers launched SimpliRide, a locally developed app designed to challenge the dominance of global ride-hailing giants like Uber and Bolt. This initiative responds to long-standing grievances over high commission rates and limited driver autonomy on international platforms. Read also: inDrive introduces direct bank transfer payment option for rides SimpliRide […]

Klaim, a pioneering healthcare payment acceleration company, raised $26 million to grow its AI-driven healthcare payment solutions across the Middle East and North Africa (MENA), according to a statement on Monday.  This investment includes $10 million in Series A equity funding and an additional $16 million financing fund, which will be used to drive regional […]

Zambia and Huawei on Friday unveiled a global exhibition of an AI-driven smart village at the Mobile World Congress (MWC), an event that was held in Barcelona. This effort will improve rural digital access and development as part of Zambia’s Vision 2030. Read also: Ghana to host 2025 Africa Fintech Summit Rural Zambia goes digital […]

The Moroccan government has made the decision to teach kids artificial intelligence and digital capabilities. The Minister Delegate for Digital Transition and Administrative Reform, Amal El Fallah-Seghrouchni, oversaw the signing of a memorandum of understanding between the country’s various stakeholders on Saturday. Moroccan authorities place a high value on improving individuals’ digital literacy. A memorandum […]

In a statement released on Sunday in honour of International Women’s Day, Schneider Electric reaffirmed its dedication to advancing gender equality and fostering employee development. The company stated that it was dedicated to achieving a 50% female recruitment rate and a 30% female presence in leadership roles. According to the firm, the 2025 International Women’s […]