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MTN’s 5G network is now active in Nigeria

MTN Nigeria has rolled out its 5G network across 190 sites in the country—becoming the first telecommunication provider in Nigeria to roll out the 5G mobile network.

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Netflix extends its Creative Equity Scholarship to West and Central Africa

Netflix has extended its Netflix Creative Equity Scholarship Fund (CESF) to film and television students in the West and Central Africa region.

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ANKA appoints Meta Director & Global Head of Luxury, Morin Oluwole as Strategic Advisor

Morin Oluwole is currently the Global Luxury Director at Meta, where she leads a global business team.

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Exclusive Networks Africa expands into Nigeria

Exclusive Networks Africa has launched a formal office in Lagos, Nigeria.

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Ukheshe and Paycorp boost cardless cash withdrawals at Cash Express branded ATMs

Ukheshe and Paycorp have partnered to provide more cardless ATMs with greater functionality.

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Bank of Ghana launches Regulatory and Innovation Sandbox

Bank of Ghana has launched its Regulatory and Innovation Sandbox developed in collaboration with EMTECH Solutions Inc.

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Omnibiz raises $15 million pre-Series A led by Timon Capital

Omnibiz will use the funding to double down on winning the loyalty of retail customers and driving their retention.

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Microtraction closes $15M Community Fund to invest in early-stage African startups

Microtraction has closed the first round of its $15 million Community Fund to invest in early-stage African startups

Financial Services

Nigerian fintechs to block predatory digital money lenders

The Federal Competition and Consumer Protection Commission (FCCPC) has ordered all financial technology companies (FinTechs) to stop providing payment or transaction services to digital money lenders under its investigation.

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MTN to achieve internet speed of 25mbps by 2025 in Nigeria

The collaboration between FG and MTN will be critical in achieving 70% internet penetration by 2025, according to the General Manager, Fixed Broadband, MTN, Onyinye Ikenna-Emeka

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Lori Systems secures its pre-Series B from Google and other investors

Google has joined existing investors to invest in Lori Systems' "undisclosed pre-Series B round".

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Togo set to host UNECA’s African Cybersecurity Centre

As a central regional hub for cybersecurity information and intelligence based in Lomé (Togo), the centre will act independently and objectively in expertise and activities related to promoting cybersecurity and the investigation of cybercrime.

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