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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.…
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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,…
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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…
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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…
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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…
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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…