Technology news around the ecosystem!

  • Somalia Grants Starlink Operational License to Boost Digital Inclusion

    The National Communications Authority (NCA) of Somalia has officially approved Starlink’s operational license, marking a major step toward expanding internet access nationwide. During the announcement event in Mogadishu, NCA Director General Mustafa Yasin Sheik described Starlink’s arrival as a milestone for bridging Somalia’s digital divide, especially for rural communities long underserved by traditional connectivity. Minister…

  • Zimbabwe Plans Mandatory Phone Registration, Sparking Privacy and Surveillance Concerns

    Zimbabwe’s telecoms regulator, POTRAZ, has proposed a law requiring all mobile phones, not just SIM cards to be registered in a national database using their unique IMEI numbers. Officially, the move aims to fight cybercrime, boost mobile security, and curb the sale of stolen phones. However, given Zimbabwe’s history of surveillance and political control, critics…

  • PayPal Partners with TerraPay to Simplify Cross-Border Payments in the Middle East and Africa

    PayPal has teamed up with global money transfer platform TerraPay to enhance real-time cross-border transactions for users across the Middle East and Africa. This strategic partnership aims to make fund transfers faster, more secure, and accessible by seamlessly connecting banks, mobile wallets, and financial institutions to PayPal accounts. Through this collaboration, users can now link…

  • e& UAE Launches Business Continuity as a Service (BCaaS) at WCEMS 2025

    e& has unveiled its new Business Continuity as a Service (BCaaS), a fully-managed solution designed to help organizations prepare for disruptions, maintain operational stability, and safeguard growth. The launch was announced at the World Crises & Emergency Management Summit 2025 (WCEMS), hosted by NCEMA. BCaaS offers businesses a tailored, integrated framework that helps them identify…

  • Equinix to Invest $140 Million in Southern Nigeria’s Digital Future

    Global data center giant Equinix is making a bold move to expand Nigeria’s internet infrastructure! The company which acquired MainOne for $320 million in 2022 has announced a fresh $140 million investment aimed at strengthening digital connectivity across southern Nigeria over the next two years. This expansion includes a brand-new data center in Port Harcourt…

  • FairMoney Grows Revenue by 62% in 2024, But Faces Credit Risks

    Nigerian fintech FairMoney reported impressive growth in 2024, with gross revenue up by 62% to ₦121.9 billion and profit after tax rising to ₦7.9 billion, according to its unaudited financial report. A key driver was its reliance on customer deposits, which funded 56% of its loan book, up from just ₦2.9 billion in 2021 to…