Technology news around the ecosystem!

  • InterSpace Launches ToneGrid Distribution Platform

    InterSpace Distribution is expanding its position in the global music-technology market with a more formal corporate structure and the launch of ToneGrid, a white-label platform designed to help music distributors, record labels and aggregators operate their own branded distribution businesses. ToneGrid is built as a business-to-business infrastructure product rather than a consumer-facing music distribution service.…

  • NorthQuest: Building Trust in Nigerian Savings 

    Saving money in Nigeria is often presented as a simple financial decision: find an account offering an attractive interest rate and start depositing regularly. But for many Nigerians, the bigger question comes before returns: Can I trust this platform with my money? That challenge creates an important opportunity for financial companies such as Northquest Finance,…

  • MTN Faces Profit Hit From Iran Investment

    MTN Group, one of Africa’s largest telecommunications companies, expects its headline earnings per share to decline by between 20% and 30% in the first half of 2026, with the pressure largely linked to a writedown on its investment in Iran. The warning highlights the growing financial impact of geopolitical instability and the challenges surrounding MTN’s…

  • CBN Opens Sandbox for Crypto Firms

    Nigeria’s central bank is expanding its approach to digital-asset regulation by opening a regulatory sandbox that gives virtual asset firms a controlled environment to test innovative products and services. The move signals a shift toward closer regulatory engagement as cryptocurrencies, blockchain applications and other virtual-asset solutions become increasingly relevant to the country’s financial system. The…

  • Moment Raises $22M to Expand African Payments.

    Cape Town’s fintech ecosystem continues to attract major investment as payments startup Moment secures $22 million in new funding, highlighting growing confidence in Africa’s digital payments infrastructure. The deal also brings Canal+ into the company’s shareholder base, creating a significant strategic connection between financial technology and one of Africa’s largest media ecosystems. Moment was established…

  • OPay Makes Saving a National Habit

    Saving money has traditionally been a personal financial habit, often encouraged by banks, employers and families. But in Nigeria, where inflation, rising living costs and limited disposable income continue to challenge households, savings is becoming a much bigger conversation. OPay is positioning itself at the centre of that conversation by turning everyday saving into a…