Justina Salami

Central Bank of Kenya grants Payaza payments license 

Nigerian-founded fintech Payaza has secured full approval from the Central Bank of Kenya to operate as a payments business, strengthening its East African expansion strategy.

Nvidia’s Jensen Huang resigns as CEO; long-time CFO appointed interim CEO

NVIDIA CFO Colette Kress steps in as interim CEO following Jensen Huang’s resignation as the tech giant begins its search for a successor.

South Africa’s 30% ownership rule under fire as Sakeliga launches legal challenge against ICASA

Business group Sakeliga wants a court to set aside ICASA’s May 2026 decision. It also wants the state to offer equity-equivalent alternatives to the 30% ownership requirement.

T2 Mobile growth has stalled since its 2025 rebrand

T2 Mobile's post-rebrand subscriber recovery has stalled, with NCC data showing no net additions between July and September 2026 as competitors continued to expand.

South African cross-border fintech Lumepay raises $6m pre-seed

South African fintech Lumepay has raised a $6 million pre-seed round from angel and local fintech investors. It has launched in Kenya and is live in eight African markets.

MTN, Airtel, Glo and T2 Mobile take House of Representatives to court over CEO summonses 

Nigeria’s biggest telecom operators have sued the House of Representatives over its network quality probe. They want the Federal High Court to rule on the limits of lawmakers’ investigative powers.

Feranmi Ajetomobi doesn’t want to be first. He wants to beat whoever got there first

Feranmi Ajetomobi grew Cowrywise from 500 to 100,000 users. Now at Timon, he explains how he picks jobs, why he fears multiple jobs, and how markets differ across Africa.

Safaricom names Boniface Mungania as CFO

Safaricom has confirmed Boniface Mungania as its Chief Financial Services Officer, effective November 1, 2026. He has held the role in an interim capacity since July.

Yellow Card acquires GoMoney to open direct operations in Brazil

Yellow Card has acquired GoMoney, a Brazilian virtual asset service provider, to set up direct operations in Brazil. GoMoney’s full central bank authorisation is still pending.

Canva slashes 22% of jobs to restructure company 

Canva says 1,271 people will be affected by a restructure that changes roles, moves some staff to hubs and ends some jobs. Here is what it could mean for Africa.

Zepz appoints Steven Eisenhauer as chief risk and compliance officer

Zepz, parent company of WorldRemit and Sendwave, appoints Steven Eisenhauer as Chief Risk and Compliance Officer.

NALA hires former TerraPay executive Ashraf Aly as global head of compliance and risk

Ashraf Aly, who most recently led compliance at TerraPay, has joined NALA as Global Head of Compliance & Risk. He will oversee compliance across NALA, Rafiki and its MLROs in the UK, EU, US and Canada.