MTN Group, Africa’s largest telecoms company, has announced that its chairman, Mcebisi Jonas, has been impersonated again. This incident marks the second time Jonas has been targeted by fraudsters using his identity for malicious purposes. Read also: MTN MoMo Uganda denies claims of deductions for political campaigns Impersonation of MTN chair On Thursday, MTN revealed […]

Small and medium enterprises (SMEs) across Africa are rapidly adopting digital payments and innovative financial solutions to drive business growth and resilience, according to the latest Mastercard SME Confidence Index. Released on February 20, 2025, the report highlights how SMEs in Nigeria, Kenya, Egypt, and Morocco are leveraging digitalisation to enhance efficiency, improve customer experiences, […]

On Wednesday, a high-level delegation of 11 representatives from the Malawi Communications Regulatory Authority (MACRA) was received by the National Communications Authority (NCA) at the NCA Tower. The delegation travelled to Ghana under the direction of Daud Suleman, Director General of MACRA, in order to examine the technical architecture of the NCA’s Broadcasting Monitoring Centre […]

The Ethiopian Capital Market Authority (ECMA) has awarded Ethio Capital Solutions PLC a Securities Investment Advisor licence, in an announcement on Wednesday, marking a major turning point for Ethiopia’s developing financial industry. This development is a significant step towards broadening the range of services and expertise offered by Ethiopia’s capital market. Read also: Ethio Telecom […]

WigWag has officially rebranded as Stitch Express to enhance e-commerce payments, a move announced on Thursday. This transition aims to streamline online transactions for businesses and customers, integrating seamlessly into the Stitch digital payment ecosystem. Read also: Paymob and Woo join forces to boost e-commerce growth in the region Enhancing E-Commerce transactions The rebranding from […]

On Thursday, Ghana’s fintech startup Oze announced a successful funding round aimed at enhancing its AI-driven digital lending solutions for microfinance institutions (MFIs) and small and medium-sized enterprises (SMEs) across Africa.  This funding was secured from notable investors, including Visa and the German development finance institution DEG, alongside existing backers like Speedinvest and Africinvest. Read […]

Trevi, a new fintech app, has launched in Egypt’s digital payment market, aiming to provide secure transactions and loyalty rewards. Trevi seeks to capture the growing demand for convenient financial solutions while supporting the government’s push for financial inclusion. The app targets 11.4 million users in Egypt over the next five years by offering innovative […]

On Thursday, MANSA, a fintech company focused on cross-border payments, announced the successful completion of a $10 million funding round led by Tether, the issuer of the USDT stablecoin.  This funding aims to address liquidity challenges faced by payment providers, particularly in emerging markets. Read also: Former Leatherback CEO Ibitade launches rival payments firm, Prune […]

Google has furthered its drive into AI-powered research tools by unveiling an AI system that would help scientists plan experiments and generate research hypotheses. The AI Co-Scientist system, which is based on Google’s Gemini 2.0 model, enables researchers to express a scientific goal in natural language, the company stated in a blog post on Wednesday. […]

On Tuesday, Telecom Egypt announced the signing of a number of historic technology service agreements with Orange Egypt in an effort to strengthen their strategic partnership. Through these agreements, Orange Egypt will be able to improve its technology offerings and better serve its clientele. This partnership demonstrates how technical expenditures have increased in the Egyptian […]

Pi Coin’s highly anticipated launch has quickly turned into a rollercoaster ride, as the cryptocurrency’s price crashed dramatically within just 24 hours of going live. After years of promises, delays, and growing expectations, the digital asset saw its value plummet from $2 to $0.80, a 60 percent decrease that has raised questions about its future […]

Ethio Telecom on Wednesday announced a strategic partnership with the Jimma City Administration to establish a Smart City initiative, which is a major milestone in the city’s digital transformation. This is coming after the rollout of its 5G network in Jimma City On Monday. With a comprehensive digital solution that includes cloud infrastructure, a call […]

The Zambian government has introduced the Public Service Change Management Framework, a major step towards improving service delivery and digital transformation. The e-Government Division (SMART Zambia Institute) was commended for its efforts to transform access to government services through digital means by Secretary to the Cabinet Patrick Kangwa, who oversaw the launch. Mr Kangwa emphasised […]

Algeria is taking bold steps to enhance its digital economy with the launch of an 1.5 billion dinar ($11 million) investment fund aimed at supporting startups in artificial intelligence (AI), cybersecurity, and robotics.  Announced by Algeria’s state-owned telecom company, Algérie Télécom, during the CTO Forum Algeria, this initiative is part of the country’s national strategy […]

Vendease, a Y Combinator-backed food procurement startup operating in six Nigerian cities, has implemented its second round of layoffs in five months. The announcement on Wednesday is part of a restructuring effort to achieve profitability and extend the company’s financial runway as it seeks to close a Series A extension round. Read also: OceanHub Africa […]

According to a report released on Wednesday, Niantic, the developer of the globally popular augmented reality game Pokémon GO, is in negotiations to transfer its gaming division to Scopely Inc., a company owned by Saudi Arabia’s Savvy Games Group. According to sources involved in the discussions, this possible agreement is estimated to be worth around […]

On Wednesday, Ibrahim Ibitade, the former CEO of Leatherback, launched Prune Payments, a cross-border payments company. This move comes months after Ibitade stepped down from his role at Leatherback, a company he co-founded. Read also: Nib International Bank launches Amber Pay, Paystream to enhance payment, business transactions Ibitade left Leatherback to prioritise family life Ibitade […]

On Wednesday, Mastercard and Tamara, a leading fintech platform in the Gulf Cooperation Council(GCC) specialising in shopping, payments, and banking, announced a partnership to launch a virtual card in the UAE. This card enhances the region’s split payment ecosystem, offering consumers flexible digital payment options to meet increasing demand in the UAE. Read also: Dashen […]

Libya’s Minister of Transport, Mohamed Al-Shahoubi, has confirmed that the country’s airports have passed an important audit conducted by the Arab Civil Aviation Organization and the International Civil Aviation Organization (ICAO). The audit, which assessed the compliance of Tripoli’s Mitiga and Misrata airports, yielded positive results, reflecting progress in Libya’s civil aviation sector. Read also: […]

At the Inaugural Economic Policy Conference for Emerging Market Economies which took place from February 16 to 17, organised by the Ministry of Finance, Saudi Arabia, and the International Monetary Fund (IMF) Regional Office in Riyadh, CBN Governor, Olayemi Cardoso highlighted the importance of technology in enhancing financial inclusion in Nigeria. Through tech-driven solutions and […]