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Egyptian firm Basata expands MadfoatCom stake to 25% in strategic partnership
Basata Holding for Financial Payments, an Egypt-based fintech company specialising in digital payment solutions, has expanded its presence in Jordan by increasing its stake in MadfoatCom to 25 per cent. The investment, made in collaboration with Jordan Kuwait Bank (JKB) and the Social Security Investment Fund (SSIF), was announced during a meeting at the Central […]
Staff Writer
Coinbase, Onboard Global expand crypto in Nigeria
On Tuesday, Coinbase, a global crypto giant, announced a partnership with Onboard Global, a crypto payments platform, to enable Nigerian users to buy and sell cryptocurrencies seamlessly. This move comes one year after Nigeria’s regulatory issues with Binance, the world’s largest crypto exchange, opened up the market to alternative crypto exchanges. Read also: Altvest Capital […]
Modupeoluwa Olalere
Ifeoma Nwobu leaves Sendstack as company pursues new direction
On Tuesday, Sendstack, a Nigerian logistics technology company, has undergone a series of strategic shifts in recent months, including the departure of its COO and Co-founder, Ifeoma Nwobu. This change comes as the company aims to achieve ambitious revenue targets by expanding its operations and product offerings. Read also: Former Leatherback CEO Ibitade launches rival […]
Modupeoluwa Olalere
Goya by Yango: Premium ride-hailing service, debuts in Abidjan
Yango, part of the global technology company Yango Group, has launched a new premium ride-hailing service called Goya by Yango in Abidjan, Côte d’Ivoire. This service was announced on Monday and aims to elevate the everyday ride experience, focusing on comfort, reliability, and exclusivity. Read also: Yango launches in-app digital lending services for drivers in […]
Modupeoluwa Olalere
Innovation in access to justice: Africa legal hackathon set for April 11
On February 21, 2025, it was announced that the Africa Legal Hackathon would take place on April 11, 2025, at the Google Accra Office in Ghana. This event is a collaboration between Legaltech Lounge (LTL) and Because She Can, aiming to bring legal professionals, developers, and innovators together to develop solutions that enhance access to […]
Modupeoluwa Olalere
Telecom, financial services lead as Nigeria’s GDP growth rate hits 3.84% in Q4 2024
In the fourth quarter of 2024, Nigeria’s economy expanded by 3.84 percent year over year in real terms, which was better than the 3.46 percent growth in the same period of 2023 and the previous quarter. The services sector, which grew by 5.37 percent and contributed 57.38 percent to the nation’s total GDP, was the […]
Staff Writer
FCCPC invites MultiChoice over DStv, GOtv subscription increase
MultiChoice Nigeria, the operator of DStv and GOtv, has been called by the Federal Competition and Consumer Protection Commission to provide an explanation for the proposed rise in subscription prices, which is scheduled to go into effect on March 1, 2025. Ondaje Ijagwu, the Director of Corporate Affairs at the FCCPC, said in a statement […]
Staff Writer
Three arrested in Morocco for dangerous social media stunts
Police arrested three individuals in Temara, near Rabat, on Saturday evening for sharing videos on social media that depicted dangerous stunts and acts of arson. According to security sources, the suspects were involved in activities that posed significant risks to public safety and order, prompting their swift arrest. Read also: 33,320 recovered in Nigeria-Japan cybercrime […]
Staff Writer
Google, Meta, X face sanctions over anti-competitive practices against South African media platforms
South Africa’s competition watchdog found Google guilty of anti-competitive practices, and the tech giant could be forced to pay up to 500 million rand ($27.29 million) annually in compensation to media outlets in the country. Meta and X could also be fined. According to the preliminary results of a study on market activity published on […]
Staff Writer
Africa Fintech Network, Rwanda Finance Ltd partner to drive fintech growth across Africa
Rwanda Finance Limited and the Africa Fintech Network (AFN) announced a strategic partnership on Tuesday, aimed at advancing the fintech ecosystem in Rwanda and Africa. The partnership focuses on driving the growth of digital finance, promoting financial inclusion, and fostering fintech development through policy advocacy, capacity building, and knowledge exchange. Read also: MTN Group Fintech […]
Staff Writer
Ecobank introduces financial products to SME customers in Uganda
Ecobank Uganda held a special meeting with its Small, Medium, and Enterprise clients on Tuesday to reintroduce its banking products for SMEs and have conversations about expanding their businesses. Customers were able to engage with the bank’s Board Members, EXCOs, relationship managers, and bank managers, exchanging perspectives on important subjects such as daily difficulties, digital […]
Staff Writer
MTN Group Fintech selects Network International as payment processing partner for Africa
MTN Group Fintech, Africa’s top provider of mobile financial services, has selected Network International (Network), a prominent facilitator of digital commerce in the Middle East and Africa (MEA), as a Payment Processor-Issuing partner on Tuesday. With this cooperation, Network’s portfolio of issuer processing partnerships across the African continent has grown significantly. MTN Group underlines that […]
Staff Writer
Safaricom–UNICEF partnership to enhance youth engagement in Ethiopia
Safaricom Telecommunications Ethiopia PLC and UNICEF have partnered to provide free access to the U-Report platform in an effort to empower youth nationwide. According to the announcement made by Safaricom Ethiopia on Tuesday, the platform users will benefit from free messaging services for a year as part of this program. Through providing them with essential […]
Staff Writer
U.S. excludes UK, African countries, from 2025 visa-free entry list (See full list)
On Monday, the United States announced the list of nations eligible for its 2025 Visa Waiver Program (VWP). The United Kingdom was excluded from the 2025 list but remains eligible under certain conditions. Additionally, no African nations, including Nigeria, Ghana, and South Africa, were included. The addition of Romania represents a major upgrade, even though […]
Staff Writer
Meta AI with Llama 3.2 expands to the Middle East & Africa—Here’s what’s new
Meta has officially expanded its AI-powered assistant, Meta AI, to the Middle East and North Africa (MENA) region, introducing Arabic language support to millions of users. This landmark rollout, announced on monday, marks a significant step in making advanced AI tools accessible to a broader audience, bridging linguistic and technological gaps in one of the […]
Olanrewaju Adeniyi
Microsoft funds $1M AI skills initiative in Nigeria
In an effort to promote digital innovation and economic empowerment, Microsoft has revealed plans to invest $1 million over the next two years to help one million Nigerians enhance their artificial intelligence skills. Ola Williams, Microsoft’s Nigerian Country Manager, revealed this information on Wednesday during the Microsoft AI Tour’s Lagos kickoff. “This is a strategic […]
Staff Writer
TAJBank wins best Islamic bank in Nigeria award in Dubai
TAJBank Limited, Nigeria’s non-interest banking services provider, was recognised as the nation’s most inventive and value-driven non-interest lender at the recently completed IFN Awards in Dubai. A statement released on Monday claimed that TAJBank has earned the title of “Best Islamic Bank in Nigeria” as a result of an international survey/poll carried out by the […]
Staff Writer
Spring Sky to launch digital platform for credit access
This week, the financial services company Spring Sky Finance Company will introduce its online banking services in Nigeria. According to a statement released by the company on Monday, this creative project intends to alleviate economic hardships by improving access to credit and expediting loan processing for both individuals and enterprises. Dr. Helen Oritsejafor, the company’s […]
Staff Writer
Visa makes adding cards to digital wallets easier in Jordan
On Monday, Visa announced its “Tap-to-Add Card” feature in Jordan. This innovation aims to enhance the security and convenience of adding cards to digital wallets by eliminating the need for manual entry, which is often a source of errors and fraud vulnerabilities. Read also: 𝐕𝐢𝐬𝐚’s ‘𝐓𝐚𝐩 𝐭𝐨 𝐀𝐝𝐝 𝐂𝐚𝐫𝐝’ expands 𝐭𝐨 𝐔𝐤𝐫𝐚𝐢𝐧𝐞, 𝐆𝐞𝐨𝐫𝐠𝐢𝐚, 𝐒𝐨𝐮𝐭𝐡 𝐀𝐟𝐫𝐢𝐜𝐚 […]
Modupeoluwa Olalere
Mindware expands footprint to East Africa, opens Kenya office
Mindware, a leading IT solutions distributor in the Middle East and Africa, announced on Monday that it had opened a new office in Kenya, which will serve as its East African headquarters. This strategic move is part of Mindware’s expansion strategy to strengthen its regional presence and provide world-class IT solutions to its growing network […]
Modupeoluwa Olalere