-
Nigerians grapple with low incomes and rising cost-of-living pressures, PiggyVest finds
A new report by Nigerian fintech platform PiggyVest has shed light on the growing financial strain facing millions of Nigerians, revealing that nearly 30% of the population earns less than ₦100,000 monthly. Even more concerning, a significant majority of respondents expressed uncertainty about whether their income is sufficient to cover basic living expenses. The findings…
-
National Bank of Kenya Takes a Sweet Turn in Profit Under Access Bank’s New Regime.
When Access Bank Plc stepped in to acquire National Bank of Kenya, most observers expected a slow, messy integration—a typical post-acquisition shuffle. But what unfolded was something quieter, and arguably more powerful. NBK’s first full year under Access Bank didn’t see aggressive lending or flashy expansion. Revenues ticked up modestly. Loans actually shrank. But behind…
-
Starlink’s African Rollout Hits Regulatory Snags.
When Starlink expands into a new market, the assumption is usually straightforward: fast, global internet access lands, users celebrate, and regulators scramble to catch up. But in Africa, the rollout is proving anything but simple. Several countries are pausing approvals, flagging concerns over licensing, spectrum allocation, and operational oversight. Starlink’s direct-to-satellite model, while revolutionary, bypasses…
-
“Farewell Ayoba: MTN Pulls the Plug on Its Messaging Platform”.
When Ayoba launched, it promised a uniquely African alternative to global messaging apps—a place for communities, content, and local creativity. Backed by MTN Group, it seemed poised for scale. But now, MTN is shutting it down, and the news hits harder than most expected. This isn’t just the end of an app. It’s a reminder…
-
Showmax Sets Official End Date for Its Operations.
When Showmax launched, it promised a homegrown alternative to global streaming giants—a space for African stories, local content, and pan-African audiences. Backed by MultiChoice, it felt like a platform built to stay. But now, the service has announced its final shutdown date, and the news lands with both inevitability and a twinge of nostalgia. This…
-
Chowdeck and the Twitter Origin Debate: Lessons to Learn in African Tech Culture.
In Africa’s fast-moving tech ecosystem, the story behind an idea can be just as compelling as the product itself. A recent Twitter argument over the “true origin” of Chowdeck—a rising food delivery platform—illustrates this perfectly. One user claimed they conceived the concept years before Chowdeck officially launched in 2021, sparking debate about authorship, credit, and…
