Africa's Tech Future, Today.
The insolvency proceedings of Koko Networks (UK) Limited have hit a hurdle as administrators fail to secure viable offers for its carbon credit assets. With major debt liabilities looming, creditors face near-total losses as the British entity progresses through a formal wind-down.
Financial performance metrics from Guaranty Trust Holding Company highlight how its payment subsidiary HabariPay is scaling operations across Nigeria. The non-banking division's profit trajectory and asset growth demonstrate a deliberate push to capture market share from regional fintech rivals.
A commercial dispute involving $231,000 in unremitted funds led to the arrest of FlexPay directors following a complaint by Kenyan retail giant Naivas. The conflict highlights growing friction between established brick-and-mortar retailers and digital payment platforms operating in emerging markets.
A single transaction involving a hundred-dollar handcrafted sandal triggered the development of a comprehensive Ghanaian digital commerce ecosystem. By addressing systemic logistics bottlenecks and payment barriers across West Africa, the platform expanded into a broad infrastructure engine driving regional online trade.
Starting with a single mobile card reader, Yoco has grown into an expansive technology platform serving hundreds of thousands of small businesses. Driven by survival imperatives and operational refinements, the South African fintech successfully scaled its merchant offerings beyond basic payment processing.
The multi-billion-dollar public offer for Dangote Petroleum Refinery is serving as a crucial gauge for domestic capital liquidity in Nigeria. A successful listing could establish a viable local public market pathway for growing technology companies seeking sustainable exit strategies.
Veteran tech leader Lungi Sangqu shares key takeaways from nearly forty years in digital transformation and enterprise leadership. He argues that true operational efficiency begins with people and clear workflows rather than software investments.
The multi-billion-dollar acquisition of IHS Towers by MTN has cleared critical antitrust hurdles across key African markets. However, strict oversight terms aim to protect open competition and encourage local ownership in telecommunication infrastructure.
Meta Platforms has filed an appeal against a judicial decision preventing the tech giant from forcing Nigerian consumers to consent to ad tracking and behavioural profiling. The legal battle underscores escalating tensions between multinational technology corporations and African regulatory authorities over data privacy rights, platform monetization, and market dominance.
Pan-African payment infrastructure provider Kora has launched One Rail, a specialized extension that enables merchants to accept, hold, convert, and settle funds in stablecoins alongside traditional fiat. The initiative addresses persistent cross-border settlement challenges, high foreign exchange fees, and limited dollar liquidity across regional commerce.
A study by research consultancy Nendo reveals that nearly half of 1,200 surveyed Kenyans turn to AI chatbots to share private thoughts and seek sensitive advice. The findings highlight shifting human-machine interactions and the emerging risks surrounding cultural understanding and language performance.
An ambitious venture aiming to operate orbital data centres has secured $8 million in capital funding. The project seeks to address growing terrestrial energy constraints by leveraging space-based solar power to process demanding artificial intelligence workloads.
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