South Africa’s fintech landscape has marked a major milestone as Nedbank Group, one of Africa’s largest financial institutions, has acquired iKhokha in a ZAR1.65 billion (US$94 million) deal. This acquisition reflects Nedbank’s growing focus on digital innovation and inclusive financial services, with a particular emphasis on supporting small and medium-sized enterprises (SMEs). It also underscores…
South African fintech startup Street Wallet has successfully raised US$350,000 in new funding to accelerate its mission of empowering informal traders and service providers with accessible, low-cost digital payment solutions. This latest investment, which values the company at US$2 million, will enable the startup to deepen its market penetration, drive higher sales growth, and expand…
The Ministry of Technology and Science in Zambia has officially launched an online entrepreneurship training programme designed to empower young people with the skills and knowledge needed to create jobs and drive socio-economic transformation. This initiative comes at a critical time as the country works to tackle high youth unemployment, with rates estimated between 17%…
The African SAP User Group (AFSUG) has announced the appointment of Corlia van Zyl as the new vice chair of its Board of Directors. Currently serving as digital and technology director at Heineken Beverages, Van Zyl has been a dedicated member of the AFSUG Board since 2019. Her appointment reflects AFSUG’s commitment to strengthening leadership…
MTN Group has announced a significant leadership expansion as Dr. Karl Olutokun Toriola, the current CEO of MTN Nigeria, assumes an additional role as Vice President of Francophone Africa effective November 1, 2025. In this new capacity, Toriola will oversee operations in key French-speaking markets including Senegal, Cameroon, and Côte d’Ivoire. The decision reflects MTN’s…
Banque Misr has taken a historic leap forward in Egypt’s financial sector through its fintech subsidiary, Misr Digital Innovation, which has received final approval from the Central Bank of Egypt to rebrand and launch as onebank — the country’s first fully digital-native bank. Officially approved on August 17, 2025, onebank is set to go live…
Nigeria has taken a bold step in cultural preservation with the launch of its first-ever digital museum of antiquities, a collaborative initiative between IHS Towers Nigeria and the National Commission for Museums and Monuments (NCMM). This historic milestone marks a new era in safeguarding and promoting the country’s cultural heritage, ensuring that Nigeria’s rich history…
As Malawi prepares for elections next month, the (MEC) Malawi Electoral Commission has introduced a highly accessible solution to simplify voter information verification through USSD technology. This innovation enables citizens to confirm critical details such as their registration status and voting station number without requiring internet connectivity, ensuring that the process is available to all,…
