FNB App Outage Disrupts Card Payments in South Africa on Busy Retail Day
FNB customers faced app authentication issues on Friday, affecting online and in-store card payments. Many switched to OTPs, alternative cards, and contactless methods as Black Friday transactions were delayed.
Lesaka Technologies Secures Approval to Acquire Bank Zero for R1.1 Billion, Strengthening Digital Banking Presence
South Africa’s Competition Tribunal approves Lesaka’s R1.1 billion acquisition of Bank Zero. The deal expands Lesaka’s digital banking capabilities, strengthens its balance sheet, and accelerates growth for the fully digital bank.
Nigeria and France Strengthen Collaboration on Data Governance and Digital Economy
The Nigeria Data Protection Commission (NDPC) engages French authorities on data governance, AI, and digital economy strategies, boosting cross-border collaboration and innovation in the digital space.
16 Nigerian Banks Meet New CBN Minimum Capital Requirements as Recapitalisation Push Intensifies
CBN Governor Olayemi Cardoso says 16 Nigerian banks have met the revised minimum capital base, while 27 others are raising funds ahead of the March 2026 deadline. Learn about the recapitalisation drive
Stablecoin Market Records Sharpest Decline Since 2022 as $6 Billion Wiped Out in November
The global stablecoin market has seen its steepest monthly contraction since the 2022 Terra collapse, losing over $6 billion in November. Explore the causes, market implications, investor sentiment, and the future of stable digital assets.
M-KOPA Kenya Unlocks $1.6 Billion in Credit and Reaches 4.8 Million Customers in 2025 Impact Report
M-KOPA Kenya’s 2025 Impact Report reveals over $1.6 billion in credit unlocked, 4.8 million customers served, 4.5 million smartphone users supported, and major contributions to Kenya’s digital inclusion, employment, and economic growth.
Alphabet Nears $4 Trillion Valuation as Google Stock Hits Record High of $315.90
Alphabet is on track to surpass a $4 trillion market valuation after its stock surged to a record $315.90. Explore the AI-driven growth, cloud momentum, investor confidence, and legal victories fueling Google’s rise.
Tesla to Launch First African Operation in Morocco as EV Market Accelerates
Tesla is entering Africa with its first operation in Morocco, driven by the country’s booming automotive sector, strong EV incentives, and advanced infrastructure. Learn how this move could reshape Africa’s electric vehicle market.
UAE Commits $1 Billion to Boost AI Infrastructure and Digital Services Across Africa
The UAE has unveiled a $1 billion investment plan to expand AI infrastructure, modernise government services, and drive productivity across key sectors in Africa, positioning itself as a major force in the continent’s digital transformation.
Vodacom Seeks to Buy Part of Kenyan Government’s 34.9% Safaricom Stake to Deepen Control of M-Pesa
Vodacom is in talks to acquire part of the Kenyan government’s 34.9% stake in Safaricom, a move that could expand its influence over M-Pesa and reshape East Africa’s telecom and mobile money landscape.
