Moniepoint, Etranzact, Chams, and Visa  may face steep fines as NDPC begins data privacy probe

NDPC data privacy probe puts Moniepoint, Etranzact, Chams, and and Visa under the microscope with potential fines up to 2 percent of revenue

Nigeria mandates POS geotagging, placing a 60-day test on fintechs

While the move may disrupt informal operators, it’s expected to strengthen trust in digital payments and improve traceability across Nigeria’s financial system.

Nigeria to loosen pension rules, unlock billions for infrastructure and private equity

Nigeria is raising pension fund limits beyond 5%, unlocking billions for infrastructure and private equity as inflation erodes fixed-income returns.

SimpliRide targets drivers in second attempt to crack Nigeria’s ride-hailing market

SimpliRide’s ultimate success will depend on whether it can achieve the wide-scale adoption needed to challenge its entrenched, deep-pocketed rivals

DigiTax appoints Olumide Akinsola as country director 

DigiTax appoints Olumide Akinsola as Nigeria Country Director after securing FIRS approval as an Access Point Provider for e-invoicing.

Japan inks $5.5B deal with AfDB to fuel Africa’s private sector investment

Japan and the African Development Bank signed a $5.5B EPSA6 deal to boost Africa’s private sector, with resilience and startups in focus.

How Treford is bridging the mid-level skill gap across Africa

Treford set to address the systemic skill gap issue among mid-level tech talents in Africa, offering comprehensive accelerator programs across design, product and marketing.

Kenya moves to split Safaricom as debt pressures mount

Kenya plans to split Safaricom into telecoms, towers, and M-PESA as debt pressures mount, while the company posts record revenue growth.

Bolt brings dash cam app to Kenya as drivers demand more safety

Bolt has launched a dash cam feature in Kenya to improve ride safety, protect drivers and riders, and stay ahead of Uber in Africa’s mobility market

Congo gets AfDB $602,000 grant to rebase GDP, curb debt ratio

"This project aims to ensure that Congo's GDP reflects its true value,” Economy Minister Ludovic Ngatse said

Nigeria’s inflation slows to 21.8% four times in a row, but food prices still bite

Despite the statistical cooldown, pressure remains on the ground.

Nedbank acquires ikhokha for $93.3 million in an all cash deal

Nedbank acquires payments fintech iKhokha for R1.65 billion ($93.3 million) in an all-cash deal.