Globacom emerged as the leading performer in Nigeria’s internet market in May, recording the highest growth in internet subscribers among the country’s major telecommunications operators. The latest industry data from the Nigerian Communications Commission (NCC) highlights the company’s strong momentum as competition intensifies in Africa’s largest telecom market and demand for reliable internet connectivity continues…

As businesses rush to adopt artificial intelligence, one major challenge continues to slow progress: successfully deploying AI systems at scale. A startup backed by Salesforce CEO Marc Benioff believes the solution to this problem may come from AI itself. The company is developing technology designed to simplify the process of building, managing, and implementing AI…

Horizon3.ai has reached a major milestone after securing a $250 million Series E funding round, pushing the cybersecurity company’s valuation to $2 billion. The investment comes as organizations worldwide face growing security challenges driven by the rapid adoption of artificial intelligence and the increasing sophistication of cyber threats. The latest funding round highlights the rising…

Zedcrest has strengthened its position in the global financial services landscape with the acquisition of Leatherback, a fintech company known for its cross-border payment and multi-currency solutions. The takeover marks a strategic milestone in Zedcrest’s expansion plans, reinforcing its ambition to build a more comprehensive global payments ecosystem that serves individuals, businesses, and international traders.…

Nedbank has appointed a senior MTN executive to spearhead its technology transformation, reinforcing the South African lender’s commitment to accelerating digital innovation and strengthening its position in an increasingly competitive financial services market. The move reflects a growing trend of financial institutions recruiting technology leaders from the telecommunications sector to drive digital modernization. The appointment…

MTN Nigeria has reported a decline in its fintech revenue following the suspension of its airtime lending service, highlighting the significant role digital lending products play in the company’s financial services business. The development comes at a time when telecom operators are increasingly relying on fintech offerings to diversify revenue streams beyond traditional voice and…