News

VFD Microfinance Bank appoints Nonso Kenneth Okoye as MD

VFD Microfinance Bank appoints Nonso Kenneth Okoye as MD and CEO, bringing over 20 years of banking, risk, and operational leadership experience.

Fintech

Standard Bank targets OPay stake as fintech giant prepares for US IPO

Standard Bank is reportedly exploring a stake in OPay just as the fintech targets a US IPO.

News

A $50 billion lawsuit puts Nigeria’s telecoms industry on trial

A ₦50 billion lawsuit against Nigeria’s telecom giants could shift the burden of proof over disputed data usage from consumers to network providers.

News

Busha launches licensed prediction market “Signal” in Nigeria

Busha launches Signal, a licensed prediction market for sports, crypto, and politics.

News

Automation drove 71% of Absa Kenya processes in 2025

The bank joins I&M, Equity, KCB, and Co-op in reporting over 90% digital transactions

News

Nigeria targets Big Tech, AI firms over AI training data

The companies are being investigated over allegations of unfair market dominance and the use of copyrighted materials to train AI models.

News

Songdis, Fitclan, Reborn, and two others join CMU-Africa’s Business Incubation programme

Five NBA Africa Accelerator startups, including Songdis, Fitclan and Reborn, have joined CMU-Africa’s Business Incubation Programme.

News

5 key reasons behind Cloudflare’s major internet outage

Cloudflare went down on 18 November and dragged a large part of the internet with it. Here are the five main reasons the outage happened.

Fintech

Mastercard deepens Africa strategy with Smile ID investment and partnership

Mastercard’s investment in Smile ID strengthens the global payments giant's Africa strategy. Here is what you need to know.

News

mPharma appoints Kwesi Arhin as new CEO

mPharma has appointed Kwesi Arhin as its new Chief Executive Officer, succeeding co-founder Gregory Rockson.

News

Shoprite exits Ghana and Malawi in continental retreat

Years of losses and difficult trading conditions have prompted a strategic reset for Shoprite.

Fintech

Fusepay, a Seychelles-based fintech, raises $350k pre-seed to digitise business payments

Fusepay raises $350,000 pre-seed to digitise business payments and replace cheques across Indian Ocean islands, starting with Seychelles.