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Nigeria and Japan Announce $11.2 Million Startup Hub Partnership
Nigeria and Japan have announced a groundbreaking $11.2 million partnership to establish a state-of-the-art startup and innovation hub in Abuja, positioning the capital as Africa’s next major tech destination. The collaboration between Nigeria’s National Information Technology Development Agency (NITDA) and Japan International Cooperation Agency (JICA) was unveiled during discussions at the 9th Tokyo International Conference on African Development (TICAD […]
Airtel Africa to Launch Mobile Money IPO in First Half 2026
Airtel Africa has postponed the public listing of its mobile money subsidiary to the first half of 2026. Airtel Africa Plc announced the delay of its highly anticipated Airtel Money initial public offering (IPO), pushing back the timeline from the originally planned 2025 launch. The decision comes despite record-breaking performance from the mobile money unit, which serves […]
Nigeria ranks as the third-largest crypto adopter globally, after India and Vietnam
Nigeria has emerged as the world’s third-largest cryptocurrency adopter, trailing only India and Vietnam, according to recent data revealed by securities regulators. Dr. Emomotimi Agama, Director-General of Nigeria’s Securities and Exchange Commission (SEC), disclosed this milestone during the West Africa Compliance Summit in Praia, Cape Verde. The announcement highlights West Africa’s rapid transformation into a […]
Safaricom and PayPal Expand M-PESA’s Global Reach Through New Integration
A new era of global payments is here for Kenyan freelancers, creators, and digital businesses. On July 29, 2025, Safaricom officially announced a major partnership with PayPal, giving users the ability to link their M-PESA wallets directly to their PayPal accounts. This move opens up seamless, two-way transfers—finally connecting Kenya’s most widely used financial tool […]
Fintech Grabs 45% of Africa’s Startup Funding in H1 2025
Fintech Leads Africa’s Venture Funding Once Again Africa’s fintech sector is once again proving to be the engine of the continent’s startup economy. In the first half of 2025, fintech startups attracted 45% of all disclosed venture capital funding, amounting to approximately $640 million out of a total $1.4 billion raised by African startups. This […]
AI-Powered Payment Systems Revolutionize Fintech Industry with Unprecedented 340% Growth
The financial technology sector is experiencing a seismic shift as artificial intelligence-powered payment systems surge by an unprecedented 340% in 2025, fundamentally transforming how businesses and consumers handle financial transactions worldwide. The AI Payment Revolution Unfolds Leading fintech companies have reported extraordinary adoption rates of AI-driven payment technologies, with processing speeds increasing by 75% and […]