Table of contents In 2022, a crippling dollar shortage forced Nigerian banks to suspend or severely limit international transactions on Naira debit cards, making it nearly impossible for freelancers, digital marketers, students abroad, and remote workers to pay for global services.  Fintechs like Chipper, Payday, and Barter by Flutterwave quickly filled the gap with virtual

Nigeria’s financial sector is rapidly digitalising, embracing mobile banking, fintech, and digital currencies. While this interconnectedness is a strength, it also creates significant vulnerabilities. Artificial Intelligence (AI) has emerged as a double-edged sword, offering unprecedented defensive capabilities yet simultaneously empowering sophisticated new threats. As CISO, my focus is on safeguarding sensitive data and critical infrastructure

Every Thursday, Delve Into AI will provide nuanced insights on how the continent’s AI trajectory is shaping up. In this column, we examine how AI influences culture, policy, businesses, and vice versa. Read to get smarter about the people, projects, and questions shaping Africa’s AI future. Let us know your thoughts on the column through

IHS Towers, Africa’s largest infrastructure company, sharply reduced its infrastructure spending in the first half of 2025, shifting from an aggressive growth posture to a more measured, cash-flow-driven strategy. The move comes amid significant portfolio changes, major asset disposals, and a deliberate focus on core markets, including Nigeria, South Africa, and Brazil. IHS spent approximately

On Monday, Ford announced plans for an affordable electric truck with a 2027...

Street Wallet, a South African mobile payment fintech, has raised $350,000 (R6.2 million) in funding at a valuation of $2 million (R35.5 million). The raise, led by undisclosed investors, will help the company deepen its reach into South Africa’s informal economy, grow sales, and expand operations nationwide. Founded in 2021 by Kosta Scholiadis, Street Wallet

Digital lenders in Nigeria now risk fines between ₦50 million and ₦100 million, or 1% of their annual turnover, for unethical conduct and other violations under new rules introduced by the Federal Competition and Consumer Protection Commission (FCCPC). The newly issued Digital, Electronic, Online, or Non-Traditional Consumer Lending Regulations, 2025, released in July, represent the

When Anil Atmaramani resumed as Antler’s new partner for Africa in 2024, he was looking to make bets that some of the world’s most disciplined, resilient, and execution-focused founders were on the continent. Now, that bet is live. Antler, the global investment network that focuses on early-stage investments, has launched and selected the first cohort

Artificial intelligence models that can discover drugs and write code still fail at...

As the South African Social Security Agency (SASSA) prepares for the upcoming September 2025 grant payments, reviews will intensify to ensure beneficiaries remain eligible. Recently, 69 recipients in Mahikeng, North West province, were disqualified after the agency found they had undeclared income.  In July, SASSA CEO Themba Matlou noted that the agency will not hesitate

Choosing a data bundle in Kenya often means juggling price, speed, and coverage. As internet needs grow and living costs rise, many users keep multiple SIM cards to maximise network offers. Kenyans often own multiple SIM cards to get the best data, voice, and SMS deals.  Safaricom holds 63.3% market share, driven by extensive 4G/5G

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