From Lagos to Nairobi

Flutterwave has obtained a Payment System licence from the Bank of Zambia, allowing it to expand its operations into the country. This milestone enables Zambian businesses to leverage Flutterwave’s seamless local and international payment solutions, further strengthening digital financial services across the continent. With mobile money services accounting for nearly 70% of Zambia’s financial inclusion,…

MTN Group, Africa’s largest mobile operator, has cautioned investors about a substantial decline in its 2024 financial performance, citing severe foreign exchange (forex) losses and economic instability in key markets. The company expects headline earnings per share (HEPS) to drop between 59% and 79%, falling to 66–129 cents per share, compared to 315 cents in…

Three African-rooted fintech companies—Tala, Nala, and Carry1st—have earned a spot on the Forbes Fintech 50 list, a recognition of their innovation and impact in the financial technology sector. Their inclusion highlights the rapid evolution of fintech in Africa and its increasing global significance. Tala, founded in Kenya in 2014, has been a trailblazer in providing…

BUI, a global technology consultancy specializing in cloud, security, and networking solutions, has launched a state-of-the-art Cyber Security Operations Centre (Cyber SOC) in Nairobi, Kenya. This marks BUI’s fourth Cyber SOC in Africa, following existing centers in Cape Town, Johannesburg, and Welkom, South Africa. The Nairobi Cyber SOC will provide real-time threat monitoring, detection, and…

Orange, MTN, and Moov Africa have pledged to improve network coverage in Côte d’Ivoire by deploying 240 new radio sites, particularly in underserved rural areas. This initiative aligns with the government’s push for digital inclusion and is partially funded through fines imposed on these telecom companies in 2021 for failing to meet service quality standards….

South Africa’s Competition Commission has accused Google of unfairly benefiting from local news publishers by dominating search traffic and reducing website visits through “zero-click” searches. The regulator claims this practice has hurt media houses’ revenue while Google profits from news-related searches. Google, however, disputes these allegations, stating that it supports publishers by driving traffic worth…