Africa's Tech Future, Today.
The AfroTech Horizon editorial desk. Bylines are replaced with the reporting journalist once a story is commissioned — this account exists so the site has a working author profile before the newsroom is staffed.
Lowering Right of Way charges reduces cable deployment expenses, but it does not make internet infrastructure projects automatically viable. In Nigeria, operator decisions to expand broadband footprint depend heavily on consumer market demand and commercial revenue potential rather than fee reductions alone.
EFInA data reveals that formal financial inclusion in Nigeria has reached 73 per cent, with 87.2 million adults onboarded. However, formal credit access remains constrained, reaching only 12 million adults as high borrowing costs and strict underwriting requirements persist.
Faced with high app acquisition costs and low retention rates, founder Emmanuel Obiechina pivoted away from standalone mobile apps. By launching Kure, he built a banking service operating directly within messaging platforms like WhatsApp and Telegram.
Ghana's digital services tax is now collected by banks at the point of payment. What the 20% covers, why GRA says it is not new, and what it means for startups.
The MNT-Halan IPO drew orders 43.6 times the retail tranche and 11.2 times the private tranche. Shares in Egypt's fintech start trading on the EGX on 20 October.
The SARB has formally appointed Wise as a Category Two forex dealer. What the Wise South Africa licence allows, what it leaves open and why it matters.
The Airtel Money Global Pay Card, a Mastercard virtual card, is coming to Kenya. Here is how it compares with M-Pesa GlobalPay and what users should watch for.
Nithio's investment takes the MAX Series B3 round to $29 million. The Nigerian EV financing firm says it is now profitable in its largest market, Nigeria.
Onafriq is winding down Baxi, its Nigerian agent banking unit, citing naira weakness, inflation and instant transfers. Agents have 30 days to move funds.
Satlyt, led by founder and CEO Rama Afullo, raised an $8M seed round led by non sibi ventures to run AI apps on satellite computers already in orbit.
Paystack six years after Stripe is no longer just a payment gateway. It now has a microfinance bank, a lending plan and a new parent called The Stack Group.
The National Identity Management Commission has reaffirmed that Nigeria's national identity database is hosted locally within the country and managed entirely by internal staff. As the agency scales enrolment toward a 95 per cent national coverage target, it is implementing local data hosting and user consent management tools across its identity authentication services.
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