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African creator economy startups tackle payment challenges
Africa’s creator economy is growing rapidly, fueled by millions of content creators, freelancers, influencers, musicians, and digital entrepreneurs who are building audiences across platforms such as YouTube, TikTok, Instagram, and X. However, despite the growth in digital creativity, many African creators face a major obstacle: getting paid. For years, creators across the continent have struggled…
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South Africa Moves to Monetise $1.8bn Research
South Africa has announced an ambitious strategy to commercialise the results of its annual research and development (R&D) investment, valued at approximately $1.8 billion, in a move aimed at boosting innovation, economic growth, and job creation. The initiative, unveiled by the government through the Department of Science, Technology and Innovation, seeks to bridge the gap…
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Sunny Joseph Imohimi wins ICT Innovator of the Year at the 2026 ABiC Awards
Sunny Joseph Imohimi has been recognized as the ICT Innovator of the Year at the 2026 Africa Beacon of ICT Awards, a prestigious platform that celebrates excellence and innovation in Africa’s information and communications technology sector. The award highlights his contributions to advancing digital transformation, strengthening technology adoption, and driving innovative solutions within Nigeria’s growing…
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Nigeria POS agents battle Verve, Interswitch over payment control
Nigeria’s point-of-sale (POS) agent ecosystem is entering a new phase of competition as agents across the country prepare for a growing “showdown” with major payments infrastructure providers such as Verve and Interswitch. The tension reflects deeper shifts in Nigeria’s rapidly expanding cashless economy, where millions of transactions now flow through digital rails powered by cards,…
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OPay grows to 45M users, expands merchant network across Nigeria
OPay has reached a significant milestone in its growth journey, surpassing 45 million registered users while expanding its merchant network to over 1 million across Nigeria. This development highlights the company’s accelerating dominance in the country’s digital payments and financial services ecosystem, as more individuals and businesses adopt cashless solutions for everyday transactions. Founded as…
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Sterllo powers next-gen core banking for global fintech growth
Sterllo is emerging as a next-generation core banking infrastructure designed to power the rapid expansion of digital finance across a global market increasingly valued at over $25 trillion in financial services activity. As fintech companies, neobanks, and embedded finance providers scale across regions, the need for flexible, cloud-native, and API-driven core banking systems has become…