Nigeria
Nigerian Banks Clear N300bn USSD Debt, Telcos Confirm
Telecommunications operators have confirmed that Deposit Money Banks (DMBs) have fully settled the estimated ₦300 billion owed for Unstructured Supplementary Service Data (USSD) ...
Kenya
Kenya: Safaricom’s $2.1 Billion Stake Sale to Vodacom Sparks Massive Public Backlash in Kenya
Public meetings about the Kenyan government’s plan to sell a 15% stake in Safaricom for about $2.1 billion have ended. The meetings gave a clear ...
Egypt
Egypt’s Flextock Secures $12.6 Million Series A from TLcom Capital to Scale E-Commerce Fulfillment Across MENA Region
Egyptian e-commerce startup Flextock has secured $12.6 million in a Series A funding round. The investment is led by TLcom Capital, a pan-African venture ...
News
Nigeria: Data privacy issues threaten Nigeria’s financial inclusion
Growing concerns over data privacy and security are emerging as a significant barrier to Nigeria’s financial inclusion drive, despite years of investment in ...
News
Nigeria’s Broadband Penetration Surpasses 51% in 2025
Nigeria’s broadband sector reached a major milestone in December 2025, with total subscriptions exceeding 112 million and national internet penetration rising to 51.97%. ...
Nigeria
Nigeria: NRS unveils timeline for e-invoicing rollout, targets full compliance
The Nigeria Revenue Service (NRS) has announced the implementation timeline for the phased rollout of its Electronic Invoicing and Electronic Fiscal System (EFS) regime, as ...
News
Nigeria is centre of Africa’s single currency plan, says Cardoso
The Governor of the Central Bank of Nigeria, Mr. Olayemi Cardoso, said the country’s hosting of the African Monetary Institute and later the African ...
News
Nigeria: Zero-Tariff Deal Signals New Era in Nigeria–China Economic Ties
The Director-General of the Nigeria–China Strategic Partnership (NCSP), Joseph Tegbe, has described the Zero-Tariff Agreement between Nigeria and China as a strategic breakthrough ...
Nigeria
Nigeria: Terra Raises $22 Million in New Round Backed by Gbenga Agboola and Lux Capital
Nigerian drone and autonomous security startup Terra has secured $22 million in fresh funding, just weeks after closing an earlier $11.8 million round. ...
News
SA: Telkom Surpasses 25 Million Mobile Subscribers as Data Revenue Reaches 60% of Earnings
South African telecommunications provider Telkom has reported strong third-quarter 2025 results, underscoring a decisive strategic pivot toward data-driven services. Data revenue now accounts ...