Airtel Uganda, in collaboration with MOGO Uganda and Transsion Holdings, has launched a groundbreaking smartphone financing initiative to bridge the digital divide and make quality mobile devices accessible to more Ugandans. This initiative directly addresses the “device divide” – a major barrier preventing millions from fully participating in Uganda’s growing digital economy. Through this partnership,…
PalmPay, one of Nigeria’s leading fintech companies, has announced its ambitious expansion into four additional African markets: South Africa, Côte d’Ivoire, Uganda, and Tanzania. The company intends to establish operations in these countries by the end of 2025, marking a significant step in its mission to become a pan-African financial technology powerhouse. This strategic move…
Swedfund has announced a significant investment of USD 15 million into TLG Africa Growth Impact Fund II (TLG II) to support the growth of small and medium-sized enterprises (SMEs) across Africa. The investment aims to protect existing jobs and create new ones in businesses that face significant challenges accessing financing. With many SMEs struggling to…
Namibia’s telecom sector has reached a remarkable milestone, generating over N$800 million ($43 million) in data revenue in Q3 2024. This surge highlights the nation’s rapid digital transformation and reflects a broader trend across Africa, where data services are becoming the dominant revenue stream for telecom companies. With data now accounting for 70% of total…
MTN Ghana has delivered an exceptional financial performance for the 2024 fiscal year, with service revenue surging by 34.5% to GHS 17.9 billion ($1.1 billion). This growth surpasses the company’s medium-term targets and underscores its strong strategic focus on digital services, mobile money, and data-driven expansion. Despite macroeconomic challenges, MTN Ghana has reinforced its position…
Whale Cloud and Alipay+ have announced the extension of their strategic partnership at Mobile World Congress (MWC) 2025 in Barcelona, reinforcing their commitment to driving digital transformation across industries. This collaboration brings together Whale Cloud’s expertise in telecommunications software solutions and Alipay+’s cutting-edge e-wallet and digitalisation technologies, enabling businesses to build next-generation mobile payment and…
Nsano Ltd, a leading pan-African fintech company, has officially expanded its footprint into East Africa with the opening of its regional office in Rwanda. This milestone follows the company’s successful acquisition of both the Payment Aggregation and Payment Remittances Service Licenses (Category II and III) from the National Bank of Rwanda, reinforcing its commitment to…
e& Group has officially joined Aduna as an equity partner, marking a significant step toward accelerating global adoption of network APIs. Announced today, March 3, at Mobile World Congress 2025 in Barcelona by e& Group CEO Hatem Dowidar, this strategic partnership will allow e& to integrate its network APIs across its vast footprint in the…
