News

Mastercard, Qatar Holding sell down Airtel Money stakes as London listing values firm at $7bn 

Airtel Money began trading on the London Stock Exchange on Wednesday under the ticker AMC, after an IPO priced at £1.96 ($2.60) a share.

Fintech

How FNB digital banking is changing the way South Africans bank

FNB is bringing more services together to change how South Africans bank, from WhatsApp eWallet and eBucks to My Advisor and FNB Connect.

Funding

Nithio makes second African e-mobility bet, backing profitable Nigerian EV startup MAX

Nithio has invested in Nigerian electric mobility company MAX, extending its Series B3 round to $29 million.

News

Andrew Milne, co-founder and co-CEO of Kuunda, dies at 54

Andrew Milne, co-founder and co-CEO of Kuunda, a B2B lending-as-a-service fintech, has died at age 54 on 13th October, 2026

African Markets

Ghanaian banks to collect 20% tax on Netflix, Spotify and ChatGPT

Banks in Ghana will begin collecting a 20% tax on payments for Netflix, Spotify, ChatGPT and other foreign digital services on Thursday, October 15.

Funding

Cascador, Sterling Bank launch $200m fund to help Nigerian SMEs access loans

Cascador collaborates with Sterling Bank to launch a $200 million SME Credit Backstop Fund to help Nigerian small businesses get loans.

Stablecoins

Businesses drive Nigeria’s stablecoin market, but a few accounts dominate the flows

Businesses drive Nigeria’s stablecoin market, accounting for 81% of observed flows, while a small number of accounts move billions across fintechs.

Fintech

Who is Trademarks Global Concepts, the new majority owner of eTranzact?

Trademarks Global Concepts has taken control of eTranzact after acquiring a 56.18% stake from Access Bank and other shareholders.

Startup

What ITANA’s digital trade zone means for African startups

ITANA aims to help African startups operate from Nigeria, enjoy tax benefits and attract global investors.

African Markets

Nigeria built a tech board. No startup has bothered to list

Four years after its launch, the NGX Tech Board has attracted no startup listings. Why are Nigerian startups staying away, and what needs to change?

Telecoms

5G share rises 60% as 3G declines in Nigeria’s telecom market

Nigeria's 5G has grown the fastest among mobile network generations between June 2025 and August 2026.

News

Africa Bitcoin Corporation loses two-thirds of its board as the founder’s shareholder group moves in

Four Africa Bitcoin Corporation directors resign, including interim CEO Stafford Masie, following a shareholder revolt led by founder Warren Wheatley’s WGW Capital