IHS Towers Completes Sale of Rwanda Operations to Paradigm Tower Ventures Consortium
IHS Towers has completed the sale of its Rwandan subsidiary, IHS Rwanda Limited, to Paradigm Tower Ventures—a consortium including Convergence Partners, British International Investment (BII), and PROPARCO—marking a strategic step in optimizing its African portfolio.
CBN Restricts POS Agents to One Bank Under New Regulatory Framework
The Central Bank of Nigeria (CBN) has introduced a new exclusivity rule requiring POS agents to operate under only one bank or fintech by April 2026. The policy aims to curb fraud, enhance oversight, and professionalise Nigeria’s agent banking sector.
Safaricom Partners with Huawei to Launch VybCall — Africa’s First Video Ring Back Tone Service
Safaricom, in partnership with Huawei, has launched VybCall, Africa’s first Video Ring Back Tone (VRBT) service. The innovation transforms caller waiting tones into engaging video experiences, redefining Kenya’s mobile communication landscape
MultiChoice Announces Increase in Canal+ Shareholding to 76.52%
MultiChoice confirms that Groupe Canal+ S.A.S has increased its shareholding to 76.52%, marking a major step toward majority control and strengthening Canal+’s presence in Africa’s entertainment market.
MultiChoice Strengthens Governance with Appointment of Willington Ngwepe as LicenceCo CEO
MultiChoice has appointed former ICASA CEO Willington Ngwepe as Chief Executive Officer of LicenceCo, reinforcing governance and compliance following its acquisition by Canal+. The move strengthens the company’s leadership and regulatory alignment in South Africa.
PrimeLink Wins Outstanding Supply Chain Innovation Award at the African Business Leadership Forum
Supply chains are the arteries of commerce, but across Africa they are often slowed by inefficiencies, outdated systems, and delivery networks. For businesses that rely on precision whether manufacturers, retailers, or agricultural producers, these gaps can mean the difference between growth and stagnation. The idea behind PrimeLink, which Fatai Folorunsho co-founded, was that supply […]
Amazon to Refund $1.5 Billion in Prime Subscription Case Settlement
Amazon agrees to refund $1.5 billion and pay $1 billion in penalties after FTC lawsuit over Prime subscriptions. Settlement includes easier cancellation and consumer protection measures.
NIGCOMSAT and Kenyan Space Agency Explore Strategic Space Partnership
NIGCOMSAT and the Kenyan Space Agency have begun talks to strengthen collaboration in satellite technology, national security, and Africa’s role in global space policy.
Mastercard and Smile ID Partner to Power Secure Digital Identity Across Africa
Mastercard partners with Smile ID to strengthen digital identity solutions in Africa, enabling secure onboarding, fraud prevention, and financial inclusion across the continent.
Egypt’s Handset Market Set to Double by 2031 on Local Assembly Push
Egypt’s handset market is set to grow from USD 2.5 billion in 2025 to USD 4.8 billion by 2031, driven by local mobile phone assembly, government policies, and rising demand.
