Policy & Regulation

Nigeria’s identity agency says its database is locally hosted and managed by staff

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.

AfroTech Horizon Newsroom 2 min read

Startups & Funding

Infinite Partners raises $169.3 million to back South African growth businesses

South African private equity firm Infinite Partners has secured R2.8 billion ($169.3 million) for its Core Equity Fund II, exceeding its initial fundraising target. Backed entirely by domestic institutional investors, the fund provides capital to established mid-market enterprises across digital infrastructure, software, and financial services sectors.

AfroTech Horizon Newsroom 2 min read

AI & Emerging Technology

Pan-African fintech Kora adds stablecoins to its payment infrastructure

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.

AfroTech Horizon Newsroom 3 min read