The National Information Technology Development Agency (NITDA) has issued a fresh cybersecurity warning over a new artificial intelligence-powered malware known as DeepLoad, cautioning that the threat is actively targeting Nigerian ...
Nigeria’s offshore oil and gas sector has recorded a major technological breakthrough as Kenyon International successfully completed the country’s first deployment of FlexSteel Unbonded flexible pipeline technology, significantly reducing project ...
Nigeria has emerged as Africa’s largest buyer of smart city surveillance technology, investing over $470 million in advanced monitoring systems — a move that is raising fresh concerns over privacy ...
Lagos State Governor Babajide Sanwo-Olu has pledged strong government support for Africa’s gaming industry, describing it as a rapidly evolving sector poised for global competitiveness. The governor made the commitment ...
aenest, Leatherback, Vesti, and Graph, African fintech startups offering U.S. and Canadian banking services, are positioning themselves as viable alternatives for founders affected by Mercury’s recent compliance policy changes. Mercury’s ...
Seven African fintech companies—Flutterwave, Piggyvest, Kuda, MTN, Bank Zero, Palmpay, and Yoco—have earned a spot on CNBC and Statista’s 2024 list of the Top 250 Fintech Companies. The selection, made ...
In April 2024, a six-week customer onboarding freeze imposed by Nigeria’s Central Bank significantly slowed the demand for payment cards among two of the country’s largest fintechs, OPay and Moniepoint. ...
Colombian fintech Minka, supported by Tiger Global, has expanded into Africa, launching operations in East African markets including Kenya, Tanzania, Uganda, and Ethiopia. The company, which builds payment networks to ...
Safaricom, Kenya’s largest mobile network provider, has teamed up with digital lender Pezesha to introduce a new loan service for small business owners, Mkopo wa Pochi. This product allows business ...
The recent acquisition of business banking startup Brass by a group of investors has brought significant changes, including a leaner operational model that resulted in layoffs. While the takeover was ...