From Lagos to Nairobi

In a move set to accelerate digital transformation in the Middle East, Elm, a leading Saudi-based digital solutions company, and BENEFIT, Bahrain’s national electronic network for financial transactions, have signed a Memorandum of Understanding (MoU) to advance collaboration in digital financial services and fintech innovation across the region. The partnership aims to leverage the strengths…

Leading Nigerian fintech company OPay has announced the successful disbursement of ₦126 million in scholarships to 420 students across the country, marking the first phase of its ambitious 10-year scholarship initiative. The programme, launched in 2024, aims to support talented yet financially disadvantaged students in gaining access to quality education and contributing to Nigeria’s socioeconomic…

TechCabal’s journalist, Frank Eleanya, has been named among 15 distinguished African journalists selected for the inaugural Digital Public Infrastructure (DPI) Journalism Fellowship. The fellowship, designed to deepen reporting on the intersection of technology, governance, and public service delivery, highlights the growing importance of journalism in shaping conversations around Africa’s digital transformation. Organized by the Co-Develop…

Guaranty Trust Bank (GTBank) is nearing the final stages of its long-anticipated core banking system migration, with the project reportedly 85% complete after a year of rigorous development and testing. The transition, which aims to modernize the bank’s digital infrastructure, marks one of the most significant technology upgrades in its history. The migration is part…

The global fintech industry continues to demonstrate remarkable resilience and adaptability, evolving from a disruptive force into a cornerstone of modern finance. In recent years, fintech has not only weathered economic uncertainty but has also accelerated innovation, reshaping how individuals and businesses access and manage money. This growth story reflects a broader transformation—driven by technology,…

MTN Nigeria’s fintech arm has reported an impressive ₦131.62 billion in revenue so far this year, marking a significant milestone in the company’s digital financial services journey. The growth, primarily fueled by airtime lending, underscores MTN’s expanding role as a major player in Nigeria’s rapidly evolving fintech ecosystem. According to MTN’s financial results for the…