-
Ecobank and Xtransfer partner to streamline cross-border payments for African SMEs
XTransfer, a leading cross-border trade payment platform, has partnered with Ecobank Group to streamline international transactions for small and medium-sized enterprises (SMEs) across Africa. This collaboration aims to tackle challenges such as high transaction costs, foreign exchange complexities, and slow remittance processes. By leveraging Ecobank’s vast presence in 35 African markets, XTransfer will provide SMEs…
-
Kenya’s New Licensing Rules Threaten Small Phone Vendors
Kenya’s Communications Authority (CA) has proposed new licensing fees for vendors and distributors of mobile phones, car trackers, and low-power communication devices, a move that could disrupt small businesses struggling with high taxes and low consumer purchasing power. Under the new rules: • Only licensed manufacturers and distributors can import and sell these devices. •…
-
MTN apologises for network challenges but offers no explanation
MTN Nigeria has apologized to customers following network disruptions in parts of Lagos State on February 8. While services have now been restored, the company did not provide an explanation for the outage. Many affected users took to social media to express frustration over call drops, slow internet speeds, and unreliable connections. Some experts speculate…
-
Etihad Salam and center3 Partner to Strengthen Saudi Arabia’s Digital Infrastructure
Etihad Salam Telecom Company and center3 have strengthened their partnership to enhance Saudi Arabia’s digital infrastructure and connectivity. At Capacity Middle East 2025, both companies signed a bilateral agreement to improve network resilience, efficiency, and scalability, aligning with Saudi Arabia’s digital economy strategy. With the ICT sector projected to reach $82.51 billion by 2030, this…
-
Tano Digital Solutions Wins 2024 Top Cloud Performance Award
Tano Digital Solutions has won the 2024 Top Cloud Performance Award, recognizing its excellence in cloud and AI-driven digital transformation. The company has also expanded its expertise in SAP innovations, with a strong focus on the Jouel AI solution. Over two days, the team explored new advancements aimed at improving client services and optimizing cloud…
-
South Sudan launches first-ever instant payments system three years after proposal
Developed in partnership with the AfricaNenda Foundation, NIPS aims to improve payment efficiency, reduce costs, and enhance financial inclusion for over 6 million adults with limited banking access. Before NIPS, mobile money providers like MTN and Zain dominated payments due to the absence of a domestic or regional instant payment system. Now, NIPS integrates with…