Nithio has provided financing to MAX, extending the Nigerian mobility company’s Series B3 funding round to $29 million as it accelerates the expansion of its electric mobility solutions and clean energy infrastructure across Africa. Founded in 2015 and headquartered in Lagos, Nigeria, MAX operates an electric vehicle and battery subscription platform designed to make commercial…
Ethiopia has officially joined the Pan-African Payment and Settlement System (PAPSS), allowing domestic financial institutions to integrate into the cross-border payment platform and conduct direct transactions with participating institutions across the continent. The development was jointly announced in Addis Ababa by Eyob Tekalign, Governor of the National Bank of Ethiopia (NBE), and Mike Ogbalu III,…
Targeted digital policy reforms could connect an additional 1.13 million people to mobile internet in Madagascar and generate 4.1 trillion Malagasy ariary in additional gross domestic product by 2031, according to a new report from the GSMA. Unveiled at the GSMA Digital Africa Summit in Madagascar, the publication titled Madagascar Digital Economy: Policy reforms that…
Gabon National Agency for Digital Infrastructure and Frequencies, known as ANINF, is strengthening its national cybersecurity framework through participation in the Octopus 2026 Conference in Strasbourg, France. Held from 14 to 16 October, the international summit was organised by the Council of Europe to mark the 25th anniversary of the Budapest Convention on Cybercrime. The…
Econet InfraCo, the tower infrastructure subsidiary of Econet Wireless Zimbabwe, has reported a 30% reduction in diesel costs following the deployment of an artificial intelligence (AI) fuel management platform developed in collaboration with its sister company, Cassava Compute. The solution, known as AI Fuel Mode, analyses how and when diesel generators are used across the…
