FinTech

Africa’s Fintech Revenues Targets $47bn by 2028, Although About 300 Million Adults Remain Unbanked

Africa’s fintech sector is entering a defining decade. Fintech revenues could grow from roughly $10 billion in 2023 to $47 billion by 2028, yet nearly 300 million adults remain unbanked, highlighting both the scale of the opportunity and the urgency of getting the regulatory environment right. For investors, policymakers, and entrepreneurs, the message is unmistakable. […]

Read More
Business

MTN, Huawei Signs AI Telecom Partnership to Deploy Artificial Intelligence in Africa

The MTN Group and China telecoms  giant, Huawei have signed partnership deal to deploy more artificial intelligence driven telecom networks across Africa as both companies push deeper into next-generation connectivity and digital infrastructure. This development is coming on the heels of a planned telecoms event, West Africa Telecoms Infrastructure Summit (WATISE 4.0 and Awards), holding […]

Read More
Business

MTN Group Raises Concern Over Geopolitical Tension Across Africa, Says Operations Threaten

The MTN Group is concerned about the Middle Eastern, Ukrainian, and other conflicts, warning that if they continue, the growing geopolitical risks may have a negative impact on its operational environment and prospects, including the telco’s market outlook. The caution was issued this week by MTN Group CEO, Ralph Mupita, as he announced the company’s […]

Read More
FinTech

PAFON Set to Explore Emerging Trends as Organisers Unveil Third Edition Hosting Date

Payments Forum Nigeria (PAFON), the country’s industry platform for digital finance stakeholders, is holding the third edition of its flagship event, PAFON 3.0. The high-level gathering is scheduled to take place on this April is bringing together the brightest minds in banking, fintech, and regulation. Under the central theme of exploring emerging trends, PAFON 3.0 […]

Read More
Cloud Infrastructure

Former Regional Executive ADC, Krishnan Ranganath Joins UniCloud Africa as CEO to Lead Africa’s Digital Infrastructure Future

After spending over five incredible years of his career at Africa Data Centres (ADC), Dr Krishnan Ranganath, has moved to UniCloud Africa Limited where he is starting a new role as Chief Executive Officer. ​Krish as he is often called in the telecoms-business circle in Nigeria made bold start at ADC stepping into a new […]

Read More
FinTech

Bitcoin Betting Not Investment But Gambling, Risks Crypto Credibility, Says deVere Group CEO

Five-minute Bitcoin bets, the new craze sweeping crypto, is more akin to gambling not investing, and could damage the reputation of a serious financial asset. This is the warning from the CEO of one of the world’s largest independent financial advisory organizations as ultra-short-term cryptocurrency wagers surge in popularity, pulling in retail traders chasing fast […]

Read More
Technology

Nigeria Needs Classroom Setting for Technology-Drive Future, Says NITAD Boss

Classrooms will be central to shaping the Nigeria’s technology-driven future, according to the Director-General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa, who noted the critical role teachers play in driving Nigeria’s digital transformation. Inuwa made the remark during a stakeholders’ dialogue organised by the Development of Educational Action Network Initiative (DEAN) in […]

Read More

lomarlabs Partners Blaze Energy to Pilot Compact Onboard Fuel Reforming for Multi-Fuel Engines

lomarlabs, a venture catalyst advancing maritime innovation, has entered into a collaboration with Blaze Energy to pilot a third-generation, compact, engine-integrated fuel reformer designed to accelerate the practical adoption of alternative fuels in commercial shipping. The collaboration will culminate in a pilot installation onboard a Lomar vessel, enabling Blaze Energy to validate its multi-fuel reforming system, under real marine […]

Read More
FinTech

Ex-FirstBank Chief, Shobo Joins FairMoney  Board to Strengthen Corporate Governance Structure 

FairMoney Microfinance Bank, one of Nigeria’s technology-driven financial institutions, unveiled the appointment of seasoned banking professionals, Gbenga Shobo as Chairman of the Board, and Debo Aderoju as Executive Director and Chief Risk Officer. The appointments are part of the Bank’s ongoing efforts to strengthen its corporate governance structure and executive leadership capacity respectively, as it […]

Read More
Technology

NITDA Assures of Empowering Nigeria Women to Tackle Cyber Security Issues

The National Information Technology Development Agency (NITDA) has launched a specialised training programme aimed at empowering Nigerian women with cybersecurity skills and increasing their participation in the country’s growing digital security workforce. Speaking at the inaugural event, which was held in collaboration with Women in Cybersecurity NITDA’s Director of Cybersecurity, Mohammed Ahmed, described the programme […]

Read More