The Asset Management Corporation of Nigeria (AMCON), the country’s national bad loan bank, has downplayed expectations of a quick sale of NatCom Development and Investment Limited (NATCOM)—the successor to Nigerian Telecommunications Limited (NITEL)—despite a presidential directive in February ordering its divestment, and repeated calls from the Nigerian Communications Commission (NCC) for the company to be

I first met the Mstudio team in 2023, the year the studio launched, during my first trip to Abidjan. Their thesis immediately stood out. Led by Cédric Mangaud, the CEO, and Leslie Ossete, the COO, Mstudio set out to replicate the success of proven business models from Nigeria and Anglophone Africa in Côte d’Ivoire. The

Table of contents iOS 26 is Apple’s latest software update, introducing a redesigned interface and new on-device capabilities. The update debuts a look Apple calls “Liquid Glass”, which applies a smoother, more translucent design across apps and menus. Beyond the design, iOS 26 adds Apple Intelligence, which helps your phone translate languages in real time

When Wale Akanbi, a former CTO and co-founder of Aella, a Nigerian financial and credit solutions provider, relocated to the UK in 2021, he struggled to access financial services because his credit history did not transfer with him. “I had to borrow a card from one of my friends just to be able to spend,”

This is today's edition of The Download, our weekday newsletter that provides a daily dose...

Global business has become a catch-all phrase in tech, but founders building across borders know it is not about flags on a website or registering an office in London. To be global is to move money seamlessly between Lagos and Hamburg, to convince regulators who have never met you that your company is credible, and

The last time I saw a movie, it was James Gunn’s Superman at EbonyLife Place. After I made the decision to see the movie, I opened my phone’s browser and bought a ticket online. It was easy, simple, and a far cry from the ticket-buying experience of two decades ago. I didn’t think about the

Nigeria’s tech industry has seen turbulent shifts over the last few years, from the pandemic-era boom to the recent economic challenges. Despite the setback, some roles are still commanding eye-popping salaries and rapid career growth. Some senior tech roles in Nigeria are still making people earn ₦2 million ($1,333) and above monthly. To understand what

On Tuesday, Apple unveiled the iPhone 17 series, headlined by the ultra-thin iPhone 17 Air, the company’s slimmest iPhone yet. Globally, much of the conversation is about the iPhone 17’s slimmer design, titanium frame, and on-device AI. But in Africa, the real question is whether this sleek new lineup resonates with consumers who balance interest

Plus: OpenAI and Microsoft have struck a new deal This is today's edition of The...

Since 2020, Nigerian governors have made bold pledges to waive Right-of-Way (RoW) fees for telecom operators as part of a national push to accelerate broadband penetration. The move, championed by the then Minister of Communications and Digital Economy, Isa Ali Pantami, was seen as a breakthrough that would bring down costs for operators and make

Acumen, a global impact investment firm, has announced that its second Kawisafi fund has secured $90 million in approved capital to support climate solutions across Africa.  The fund will back companies that bring clean power closer to underserved communities through renewable energy systems, develop transport solutions that can withstand climate and economic shocks, expand access