fb pixel

Latest Posts

37

Pearl Nkrumah appointed chair of Council of Ghana Stock Exchange

Pearl Nkrumah has been named the Chairperson of the Council of the Ghana Stock Exchange (GSE), according to a statement on February 27, 2025. Ms Nkrumah, who joined the Council in September 2023, will succeed John Kofi Adomakoh following his resignation from his position as GCB Bank PLC’s managing director in January. Ms Nkrumah’s appointment […]

Staff Writer
32

Pi network slashes mining rate by 38%: What it means for your Pi Coins

The Pi Network, a mobile-based cryptocurrency project that has captivated millions with its promise of accessible mining, has made headlines again as its base mining rate dropped significantly in March 2025. Reports within the Pi community indicate that the base mining rate has fallen from 0.0047 Pi per hour to 0.0029 Pi per hour—a roughly […]

Olanrewaju Adeniyi
37

MTN Ghana mobile subscribers increases by 6.5% to 28.5 million in 2024

In its 2024 financial year report, the number of MTN’s mobile subscribers increased by 6.5 percent YoY growth to 28.5 million subscribers while there was a 13.7 percent increase in its active data subscribers to 17.5 million. Furthermore, there was a 12.8 percent rise in active Mobile Money (MoMo) users to 17.2 million. This growth […]

Staff Writer
37

MTN Ghana commissions ICT centre in Yilo Krobo Senior High School

MTN Ghana handed over a cutting-edge ICT centre to Yilo Krobo Senior High School on Thursday, February 27, stating it had identified a digital learning gap that the centre could breach. Yilo Krobo Senior High School is situated in Somanya, the Eastern Region of Ghana. The facility was set up with 40 modern computers to […]

Staff Writer
37

MTN Nigeria’s subscriber base grows despite NIN-SIM Mandate, reaches 80.9 million in 2024

In its 2024 financial year report, MTN Nigeria mobile subscribers rose by 1.6 percent to 80.9 million, indicating an impressive growth from the previous year where it recorded 79.7 active mobile subscribers. Despite the Nigerian Communications Commission’s (NCC) industry-wide mandate on NIN-SIM registration, MTN’s active data subscriber base grew by seven percent from 44.6 million […]

Staff Writer
37

MTN partners LotusFlare to enhance digital commerce in South Africa

The largest mobile network operator in Africa, MTN South Africa, has partnered with LotusFlare, a cloud-native digital commerce and monetisation platform for communications service providers (CSPs), to support strategic initiatives in the South African market. According to the announcement made on Wednesday, MTN wants to increase its agility to satisfy the changing needs of its […]

Staff Writer
38

First Atlantic Bank wins Best Mobile App of the year at Ghana Fintech Awards 2025 (Full List of Winners)

First Atlantic Bank, on Saturday, won the Mobile Banking App of the year at the fourth edition of the Ghana Fintech Awards, which was held at the Labadi Beach Hotel in Accra.  The award ceremony brought together fintech companies, fintech enthusiasts and other key individual players in the Ghanaian fintech space.  The Ghana Fintech Awards […]

Staff Writer
37

MTN Ghana records GHS17.9 billion revenue boost in 2024 amid inflation, cedi devaluation

MTN Ghana reported a total revenue of GHS17.9 billion in 2024 which is a 34.4 percent increase from 13.3 billion in 2023. Overall service revenue increased by 34.5 percent year-on-year to GHS17.9 billion in 2024 from GHS13.3 billion in 2023 exceeding its medium-term growth target. The robust expansion of digital services, mobile money (MoMo), and […]

Staff Writer
20

Afreximbank and Kenya sign historic deal for economic transformation

Afreximbank and Kenya on Friday entered into a partnership to accelerate Kenya’s industrialisation and export-led development agenda. This alliance began Kenya’s economic transformation into an African manufacturing hub. Afreximbank industrialisation and export development Afreximbank will support Kenya’s industrialisation and export manufacturing by funding the creation and operation of industrial parks and special economic zones (SEZs). […]

Modupeoluwa Olalere
20

Fawry invests $1.6 million in three Egyptian tech startups

Fawry, Egypt’s largest electronic payment platform, announced on February 26, 2025, a strategic investment of $1.6 million in three Egyptian fintech startups: Dirac Systems, Virtual CFO, and Code Zone.  This move supports Fawry’s goal of developing its “Fawry Business” ecosystem to offer digital solutions to businesses across sectors. Read also: KCB Bank becomes first East […]

Modupeoluwa Olalere
32

MTN Nigeria CEO Karl Toriola: Does he really earn N8.5 million daily?

Since the beginning of March 2025, a claim has surfaced online suggesting that Karl Toriola, the CEO of MTN Nigeria, earns a staggering N8.5 million per day, making him the highest-paid employee in the country. While unverified by official sources, this figure has ignited conversations across social media platforms and among industry watchers, raising questions […]

Olanrewaju Adeniyi
39

U.S. Court grants bail to fugitive Yoruba king in COVID-19 fraud case

A U.S. court has granted bail to Yoruba king, Oba Joseph Olugbenga Oloyede, the Apetu of Ipetumodu, after he was arrested and charged with defrauding the American government of 4.2 million dollars in COVID-19 relief funds. Bail conditions and passport seizure Judge Christopher Boyko of the U.S. District Court for the Northern District of Ohio […]

Staff Writer
37

EIB supports AFC’s Infrastructure Climate Resilient Fund with $52 million

On Thursday, the European Investment Bank (EIB) reaffirmed its commitment to invest $52.48 million in Africa Finance Corporation’s (AFC) $750 million Infrastructure Climate Resilient Fund (ICRF). This landmark project, managed by AFC Capital Partners (ACP), the asset management division of AFC, aims to accelerate climate adaptation and sustainable infrastructure development across Africa. The Green Climate […]

Staff Writer
20

Microsoft ends support for Skype in May 2025

Microsoft announced on February 28, 2025, that it will terminate Skype, its once-dominant communication platform, beginning in May 2025. Microsoft Teams has multiplied, especially during the COVID-19 epidemic; thus, this choice consolidates its communication services under it. Read also: OpenAI launches GPT-4.5: A game-changer for ChatGPT users Why Skype is being retired Since its inception […]

Modupeoluwa Olalere
20

Nsano expands to East Africa, establishing Rwanda base

Nsano Ltd, a prominent pan-African fintech company, has opened a regional office in Rwanda, East Africa. This strategic move was announced on February 28, 2025, after the National Bank of Rwanda won Category II and III Payment Aggregation and Payment Remittances Service Licenses. Read also: KCB Bank becomes first East African bank to adopt PAPSS […]

Modupeoluwa Olalere
37

Ethio Telecom unveils cloud-based Education Management System for schools

Ethio Telecom on Wednesday introduced a cloud-based Education Management System (EMS) designed to transform educational institutions in Ethiopia. This system is part of a broader set of seven enterprise solutions, which also include Digital Livestock Tracking, Push-to-Talk/Video (PTT/V) communication, Core Banking Solutions, One-Office Collaboration, Contact Centres, and ERP Solutions. Read also: Nigeria to construct 7000 […]

Staff Writer
37

MTN Group, Paysky partner to launch Market by MoMo in Uganda

MTN Group Fintech in collaboration with Paysky on Wednesday launched Market by MoMo, an e-commerce platform designed to give Ugandan business owners and customers a hassle-free digital market experience. Market by MoMo is a one-stop shop for purchasing and selling a variety of goods, such as electronics, groceries, clothing, cosmetics, and more, is provided by […]

Staff Writer
37

Credit Bank partners SACCOS to boost cross-border remittances in rural Kenya

Credit Bank Plc has introduced the Sacco Cash Pickup Portal Remittance Service in collaboration with SACCOS that would enable seamless cross-border remittances for Kenyans in rural areas. The unveiling of the initiative took place in Eldama Ravine, Baringo County, on Thursday. The 14 Skyline SACCO locations located in Nakuru, Baringo, Trans Nzoia, and Nandi counties […]

Staff Writer
37

Airtel Africa to equip 25,000 young Nigerians with digital skills training

Airtel Africa Chairman, Sunil Bharti Mitta, declared that the firm would support Nigeria’s 3 Million Technical Talents (3MTT) program, promising to train 25,000 young Nigerians in digital skills in 80 local government areas. In a statement posted via Airtel Africa’s LinkedIn page on Friday, it claimed that Airtel Africa’s Chairman Sunil Bharti Mittal, and CEO […]

Staff Writer
37

Zamtel unveils five-year corporate strategy to drive innovation and sustainable growth

Zamtel on Wednesday announced its five-year corporate strategy for 2025–2029, which gives it an opportunity to lay the groundwork for an ambitious restructuring. The business is reaffirming its commitment to innovation, client excellence, and sustainable growth as the telecom industry evolves. It stated, “Our 2025-2029 Corporate Strategy gives a blueprint of our roadmap to market […]

Staff Writer
Advert