From Lagos to Nairobi

Canal+ has extended its deadline for completing the takeover of South Africa’s MultiChoice from April 8, 2025, to October 8, 2025. The delay allows more time to set up a licencing company (LicenceCo) that aligns with South Africa’s foreign ownership laws, a crucial step for regulatory approval. The French media giant has been increasing its…

First Bank and GTBank are ramping up their recruitment of tech talent as digital banking becomes more essential in Nigeria’s competitive financial sector. First Bank is actively hiring for multiple roles, including software developers, DevOps engineers, product designers, and quality assurance leads. While GTBank has not specified the roles it is hiring for, the recruitment…

In today’s fast-paced business world, entrepreneurs, creators, and freelancers need tools that help them work smarter, not harder. Managing clients, sending invoices, tracking expenses, and keeping up with inventory can quickly become overwhelming, especially when using multiple platforms for different tasks. That’s where PaperCloud came in, offering an all-in-one solution to help businesses stay organized…

Bumpa, a leading business management platform for Nigerian entrepreneurs, has acquired PaperCloud, an all-in-one business management tool designed for creators, freelancers, and business owners. Following the acquisition, PaperCloud rebranded as Paperless in December 2024, offering a more streamlined solution to help businesses manage invoices, customer data, expenses, and inventory more efficiently. The platform allows users…

The Nigerian government has introduced a new payment platform, the Treasury Management & Revenue Assurance System (TMRAS), to replace Remita as the primary system for processing payments across ministries, departments, and agencies (MDAs). This transition is aimed at improving transparency, automating tax deductions, and ensuring seamless financial transactions within the government. Although TMRAS is now…

Namibia is exploring the launch of a central bank digital currency (CBDC) to improve cross-border payments and enhance financial inclusion. The Bank of Namibia (BoN) is still assessing the feasibility of a CBDC, following recommendations from the International Monetary Fund (IMF), which advised focusing on strengthening existing payment systems before a full rollout. BoN is…