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Moniepoint gains foothold in Kenya with 78% stake in Sumac

What didn’t work with Kopo Kopo, Moniepoint hopes to fix with Sumac, this time with a banking license in hand.

Exclusive

EXCLUSIVE: Access Holdings acquired ARM Pensions for ₦152 billion in 2024

The current business combination between Access pension and ARM is sure to give Stanbic IBTC Pension Managers some pressure in pole position.

News

MTN launches SIM delivery service in Johannesburg

MTN has launched Shesh@5G in Johannesburg—a 2-hour SIM and device delivery service redefining telecom convenience across Africa. The service brings 5G to your doorstep.

News

AUATON distances self from viral InDrive incident involving child locked in car boot 

AUATON Lagos has disassociated itself from a viral video of an InDrive driver placing a child in a car boot. The union demands an investigation and warns against unregulated driver onboarding.

News

Access Bank finalises National Bank of Kenya acquisition 

Access Bank has acquired Kenya’s National Bank in a $100M deal, signaling its bold expansion into East Africa’s competitive banking market.

News

Enugu launches EV assembly plant

Enugu State has launched an electric vehicle (EV) assembly plant in partnership with Stallion Group, marking a significant milestone in the adoption of clean energy.

News

What Nigerians are buying as smartphone prices rise in Africa

Nigeria's smartphone shipments fell 7% in Q1 2025 despite Africa's market growth.

Financial Services

Kenya’s Equity Group enters Health Insurance market as integrated banking model takes shape

Backed by strong digital platform growth, this expansion aligns with its growing digital footprint and strong financial performance.

News

Ebonyi launches EBOCAB, a state-run ride-hailing app

Ebonyi State has launched EBOCAB, a government-run ride-hailing platform aimed at modernizing transport. The state’s bold step marks Nigeria’s first public-sector ride-hailing initiative outside Lagos.

News

20 fellows selected for MTN’s media innovation programme (MIP) 2025

MTN, Pan-Atlantic University admits Salem King, David Afolayan and 18 others to its highly-selective MIP programme for 2025.

Crypto

Blockchain.com opens Nigeria office as first foreign crypto firm to establish physical presence

CEO Peter Smith says the exchange plans to enter Turkey too, following the country's transformation from grey-listed crypto market to regulated investment destination.

News

EXCLUSIVE: Airtel locks in Madagascar future with $32.5M, 15-Year license

This strategic investment underscores Airtel's intent to solidify its footprint in a market characterised by a robust and growing ICT sector, despite Madagascar's broader economic challenges.

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