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Monday, 23 March
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Monday, 23 March

Top News

Cognita Rolls Out Digital Learning Platform Across UAE Schools
MTN South Africa Donates Digital Devices to Support Learning at Qibing Secondary School
Egypt Deepens Investment Reforms with Data-Driven Strategy, IFC Partnership
MTN MoMo Zambia, Indo Zambia Bank Partner to Expand POS Payments Nationwide
Nokia, Turkcell Boost Broadband Quality for Over 3 Million Users in Türkiye
Cognita Rolls Out Digital Learning Platform Across UAE Schools
MTN South Africa Donates Digital Devices to Support Learning at Qibing Secondary School
Egypt Deepens Investment Reforms with Data-Driven Strategy, IFC Partnership
MTN MoMo Zambia, Indo Zambia Bank Partner to Expand POS Payments Nationwide
Nokia, Turkcell Boost Broadband Quality for Over 3 Million Users in Türkiye

News

Africa Innovation Watch provides unparalleled access to news stories and events shaping the African tech world today.

Federal High Court sitting in Nigeria’s capital city, Abuja has declared that it will begin the tax evasion trial against global cryptocurrency exchange, Binance on October 11.

CZ Rules Out Binance Comeback, Turns Attention to Education, Investments and Government Advisory

Changpeng Zhao says he will not return to Binance after his pardon, opting instead to focus on education, long-term investments, and advising governments on asset…

By: Ovie George

Nigeria’s data consumption hit a record 1.15 million terabytes in August 2025, putting pressure on telecom operators like MTN, Airtel, and Globacom to expand capacity and upgrade their 4G and 5G networks.

Uganda Internet Shutdown Costs MTN and Airtel an Estimated $7 Million in Lost Revenue

MTN and Airtel reportedly lost around $7 million in data revenue after a four-day internet shutdown in Uganda, underscoring the economic impact of election-related connectivity…

By: Wura Obadare

The Nigerian Communications Commission (NCC) has linked poor telecom service quality in Lagos, Abuja, and other major cities to inadequate network capacity and heavy internet usage in densely populated areas.

NCC Introduces N250,000 Interim Service Authorisation Fee to Promote Telecom Innovation

The Nigerian Communications Commission (NCC) sets a N250,000 fee for Interim Service Authorisation applicants, allowing startups and innovators to test telecom services in a regulated…

By: Wura Obadare

MTN Group has named Shoyinka Shodunke as Executive: IT Core Design and Delivery, effective March 1, 2026, strengthening its AI-driven digital transformation strategy.

MTN Names Shoyinka Shodunke Executive Head of IT Core Design and Delivery

MTN Group has named Shoyinka Shodunke as Executive: IT Core Design and Delivery, effective March 1, 2026, strengthening its AI-driven digital transformation strategy….

By: Wura Obadare

NIBSS is considering offline payment solutions to bring Nigerians with limited internet access into the digital payments ecosystem, while maintaining the role of cash.

NIBSS Considers Offline Payment Options to Expand Financial Inclusion in Nigeria

NIBSS is considering offline payment solutions to bring Nigerians with limited internet access into the digital payments ecosystem, while maintaining the role of cash….

By: Adamu Garba

Paystack Cuts Off Fansted: Compliance Risks Highlighted for African Startups

Paystack has permanently terminated Fansted due to a “heightened risk profile,” underscoring the importance of compliance, risk-sharing, and provider-agnostic payments for African tech startups….

By: Ovie George

Flutterwave has acquired Nigerian open banking firm Mono in an all-stock deal worth $25–$40 million, expanding its payments, data, and identity infrastructure across Africa.

Flutterwave Teams Up With Turnkey to Launch Stablecoin Wallets for Merchants and Users

Flutterwave has partnered with Turnkey and Nuvion to introduce stablecoin wallets, enabling users to hold and transact USDC and USDT directly on its payment platform….

By: Ovie George

GTCO has successfully raised ₦10 billion through a 100% subscribed private placement of 125 million ordinary shares priced at ₦80 each.

GTCO Raises ₦10bn in Private Placement as Single Investor Buys 125m Shares

GTCO has successfully raised ₦10 billion through a 100% subscribed private placement of 125 million ordinary shares priced at ₦80 each….

By: Wura Obadare

The EFCC says a commercial bank, fintech companies, and microfinance banks enabled N162 billion cryptocurrency-linked fraud through poor KYC and AML compliance.

EFCC Alleges N162bn Crypto Fraud Involving Bank, Fintechs, Microfinance Firms

The EFCC says a commercial bank, fintech companies, and microfinance banks enabled N162 billion cryptocurrency-linked fraud through poor KYC and AML compliance….

By: Ovie George

Ryanair CEO Michael O’Leary has dismissed speculation about Elon Musk acquiring the airline, citing EU ownership limits, and revealed why talks with Starlink collapsed after a year.

Michael O’Leary Rules Out Elon Musk Buying Ryanair, Explains Starlink WiFi Rejection

Ryanair CEO Michael O’Leary has dismissed speculation about Elon Musk acquiring the airline, citing EU ownership limits, and revealed why talks with Starlink collapsed after…

By: Adamu Garba

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Egypt Deepens Investment Reforms with Data-Driven Strategy, IFC Partnership

Rhino.fi Unveils 1:1 Stablecoin Solution to Enable Seamless Cross-Chain Settlements

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