7 African Remittance Startups to Watch in 2026 Amid Growing Diaspora Transfers
As Africans sent $56 billion in remittances to Sub-Saharan Africa in 2024, these seven remittance startups—LemFi, NALA, Africhange, Pesa, TapTap Send, Afriex, and Mukuru—are leading the way in fast, transparent, and affordable cross-border money transfers.
Nigeria Adds 1.6 Million Internet Subscribers in October 2025 as Broadband Penetration Hits 49.89%
Nigeria’s internet subscribers rose to 142 million in October 2025, with MTN leading the market. Broadband penetration reached 49.89%, while the government advances its $2 billion Project Bridge fibre optic initiative to expand nationwide connectivity.
Presidential Adviser Daniel Bwala Faces Backlash Over Starlink Claim in Explaining Nigeria’s Security Failures
Presidential adviser Daniel Bwala sparked controversy by claiming terrorists evade Nigerian security using Starlink and foreign networks. His argument collapsed during a live radio interview, raising accountability concerns over intelligence operations.
Cloudflare Suffers Second Outage in a Month Amid Global Scheduled Maintenance
Cloudflare experienced its second outage in a month, causing widespread connectivity issues despite scheduled maintenance in several data centres. Multiple global platforms and Nigerian news sites were impacted as the web infrastructure giant investigated rising errors.
African Startups Raised $162 Million in November 2025 as Venture Funding Slows Sharply
African startups secured $162 million in November 2025, marking a 63% drop from October and signalling a slowdown in venture activity. South Africa led deal values, with SolarSaver topping the list at $60 million.
Microsoft to Increase Microsoft 365 Subscription Prices Worldwide by July 2026, Citing AI and Security Enhancements
Microsoft will raise global prices for Microsoft 365 starting July 21, 2026. The update affects business, enterprise, and government customers, driven by over 1,100 new features including AI-powered Copilot tools and advanced security upgrades.
Edo State Introduces *668# USSD Code for Easy Tax ID Registration Ahead of 2026 Nigerian Tax Acts Rollout
EIRS has launched the *668# USSD code to simplify Tax ID registration and tax compliance ahead of the 2026 Nigerian Tax Acts. The initiative expands access, promotes inclusivity, and supports residents across Edo State and beyond.
Nigeria’s Telecom Subscribers Hit 175 Million in October 2025, Driven by Strong Multi-Operator Growth — NCC
Nigeria’s telecom industry recorded 175.08 million active subscribers in October 2025, according to new NCC data. MTN, Airtel, and Globacom all saw steady growth despite high operating costs, currency pressures, and infrastructure challenges.
