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Flutterwave Secures Nigerian Banking License After Crossing $40 Billion in Lifetime Payments.
Flutterwave has achieved a major regulatory milestone in its evolution from payments processor to full‑service financial infrastructure provider. The company’s Nigerian arm has secured a microfinance banking licence from the Central Bank of Nigeria (CBN), marking its first step into regulated banking — including the ability to hold customer deposits and issue loans directly in…
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Airtel Crosses 650 Million Customers Globally, Becomes World’s Second-Largest Telecom Operator.
Airtel, officially Bharti Airtel Limited, has crossed a significant milestone: 650 million customers worldwide, positioning itself as the second-largest telecom operator globally by subscriber base, according to data from GSMA Intelligence. The milestone underscores Airtel’s strategic expansion, diversified income sources, and growing influence across both India and Africa. The Indian multinational has built its subscriber…
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MTN Strengthens Board with Global Leadership, Signalling a New Phase for African Telecoms.
In a strategic move that underscores its evolving role in Africa’s digital economy, MTN Group has appointed five new independent non‑executive directors to its board — including Stéphane Richard, the former CEO of Orange. The appointments, effective 31 March 2026, are part of MTN’s wider governance overhaul in support of its Ambition 2030 growth strategy. Richard’s addition…
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Kulipa Secures $9.2 Million to Bring Stablecoin-Funded Payment Cards to Africa and Beyond.
Kulipa, a Paris-based fintech that enables stablecoin-backed payment cards, has announced an additional $6.2 million in funding, bringing its total capital raised to $9.2 million. This latest round is led by Flourish Ventures and 1kx, with participation from White Star Capital and Fabric Ventures, signaling strong investor confidence in Kulipa’s vision of bridging digital currencies…
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Nigerian CBN Begins Virtual Asset Anti-Money Laundering Supervision, Names Paystack, Flutterwave, Others for Pilot.
Nigeria’s financial regulator, the Central Bank of Nigeria, is stepping deeper into the digital asset space with the launch of a virtual asset-focused anti-money laundering (AML) supervision framework. This marks a clear transition from its previously restrictive stance on crypto-related activities to a more structured, compliance-driven approach aimed at monitoring and controlling risks in the…
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Kenya’s Government Insists on Advertising Rules for Crypto Companies or There Will Be a Fine to Pay.
The Kenyan government is tightening the reins on cryptocurrency marketing with proposed rules that would require virtual asset service providers to follow strict advertising standards — or face serious consequences, including fines and even potential jail time. The new draft regulations, released by the Kenya National Treasury, form part of a broader effort to formalise…