TymeBank threatens legal action over 6,500% spike in ID verification fees

TymeBank plans legal action as South Africa raises ID verification fees from 15 cents to 10 rands, calling it a threat to low-income access and financial inclusion.

Pan African Towers appoints Echezona Osi as CEO 

Pan African Towers appoints Echezona Osi as CEO to lead growth and transformation in Nigeria's telecom sector starting July 1, 2025.

Afrieximbank launches PAPSS Card. Why now and what about AfriGo?

Afrieximbank announces PAPSS card, following in the footsteps of Nigeria's AfriGo. Why are there more domestic card schemes in Africa? Verve.

MTN launches $240 million data centre to challenge AWS, Azure

The move into infrastructure as a service positions MTN to capitalise on the increasing demand for local cloud solutions in Africa's most populous nation.

USDC stablecoin issuer, Circle files for US banking licence

Circle applies for a US banking license to establish First National Digital Currency Bank, N.A. Discover what this means for Africa.

Lagos to begin digital numbering of houses from tomorrow

Starting July 1, Lagos State will launch a digital addressing system to ease business and boost revenue beginning in Ikeja.

Nvidia reclaims world’s most valuable company spot, investors eye $4 trillion milestone

Many of Nvidia’s biggest clients are actively developing their own AI chips to reduce reliance on its expensive GPUs. This could pose a long-term threat to Nvidia’s pricing leverage.

AfricInvest exits $6B AFG Holding after doubling banking assets

AfricInvest leaves AFG Holding after a three-year partnership that saw assets double $6 billion.

Moniepoint debuts on TIME100 most influential companies list

This latest accolade arrives on the heels of other prominent international recognitions for Moniepoint.

Nigeria captures 33% of African blockchain deals as continent outpaces global adoption

Nigeria grabs 33% of all blockchain deals across Africa while the continent doubles global blockchain adoption rates, reaching 7.4% of total VC funding.

Why Africa’s first healthtech unicorn is closer than you think

With rising investor interest, Africa is on the verge of launching its first health tech unicorn, says HealthCap Africa.

EXCLUSIVE: Midddleman is raising a six-figure pre-seed to dominate global trade

“We hope to use the funds to hire for some key roles, launch campaigns for user acquisition, and build new products for our users,” Cofounder Omolara Sanni said.