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Nala Raises $50 Million to Grow Stablecoin Payment Services
African fintech startup Nala has secured a $50 million credit facility to accelerate the expansion of its stablecoin-powered payment network, marking a significant milestone in the continent’s growing digital finance industry. The funding is expected to strengthen the company’s cross-border payment infrastructure and support its ambition to improve global money transfers for African businesses and…
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Yoco Brings AI-Powered Tools to South African Small Businesses
South African fintech company Yoco is taking a major step into artificial intelligence through its recent deal with Dyner.ai, signaling a new chapter for small and medium-sized enterprises (SMEs) across the country. The partnership reflects the growing role of AI-powered technology in helping businesses improve operations, customer engagement, and financial decision-making. Yoco, widely known for…
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Paga Targets Africa’s Growing Fintech Infrastructure Market
Africa’s fintech industry is entering a new phase. After years of focusing on consumer apps, digital wallets, and payment solutions, the attention is shifting toward infrastructure — the systems that power financial services behind the scenes. Nigerian fintech company Paga is positioning itself to become a major player in this evolving race. Founded in 2009,…
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Zipline Expands Nigeria Operations with 12 New Drone Delivery Hubs
Global drone logistics company Zipline has announced plans to establish 12 new distribution hubs across Nigeria, signaling a major expansion in what is quickly becoming the company’s largest and most strategic market in Africa. The move highlights Nigeria’s growing importance in the continent’s healthcare and logistics sectors, while also reinforcing the role of technology in…
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Telecom Namibia’s Regulatory Problems Reflect a Bigger Struggle Inside the Country’s Telecom Sector.
Namibia’s telecom industry is facing an awkward contradiction: the same regulator trying to modernise the country’s digital infrastructure is also becoming entangled in disputes involving some of its biggest operators. At the center of that tension is Communications Regulatory Authority of Namibia, better known as CRAN, which has recently drawn attention over regulatory clashes affecting…
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Four Years Building Nubia Exposed the Limits of AI in African Data Journalism.
The promise of AI in journalism collapses quickly when it meets the reality of African data systems, where missing records and inconsistent documentation matter more than model sophistication. That gap becomes clear in the experience of building Nubia, an African-focused data journalism and analytics platform designed to support reporting through structured data and computational tools.…
