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Monday, 12 October
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Monday, 12 October

Top News

Lesotho, UNDP Strengthen Partnership on Digital Transformation and AI Development
Kenya, France Partner on New Science and Engineering Complex at University of Nairobi
Ooredoo, du Partner on Landmark Subsea Cable Project to Boost UAE Digital Connectivity
Guinea Signs Deal for Second Submarine Fibre-Optic Cable to Expand Internet Capacity
Omantel Launches AI Centre of Excellence to Boost Oman’s Digital Innovation Ecosystem
Lesotho, UNDP Strengthen Partnership on Digital Transformation and AI Development
Kenya, France Partner on New Science and Engineering Complex at University of Nairobi
Ooredoo, du Partner on Landmark Subsea Cable Project to Boost UAE Digital Connectivity
Guinea Signs Deal for Second Submarine Fibre-Optic Cable to Expand Internet Capacity
Omantel Launches AI Centre of Excellence to Boost Oman’s Digital Innovation Ecosystem

News

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

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

Ubisoft has scrapped six game projects, including the Prince of Persia: The Sands of Time remake, and announced studio shutdowns as it shifts focus to core franchises amid rising development costs.

Ubisoft Drops Prince of Persia Remake as Studio Closures Mark Strategic Overhaul

Ubisoft has scrapped six game projects, including the Prince of Persia: The Sands of Time remake, and announced studio shutdowns as it shifts focus to…

By: Cynthia Okafor

Jeff Bezos’ Blue Origin unveils TeraWave, a high-speed satellite internet network with 5,408 LEO and MEO satellites, set to compete with Elon Musk’s Starlink globally.

Blue Origin Launches TeraWave Satellite Network to Challenge Starlink

Jeff Bezos’ Blue Origin unveils TeraWave, a high-speed satellite internet network with 5,408 LEO and MEO satellites, set to compete with Elon Musk’s Starlink globally….

By: Adamu Garba

African-focused fintech OneDosh raises $3M pre-seed to develop a stablecoin-driven global payments platform, enabling faster, cheaper, and programmable international money transfers.

OneDosh Secures $3 Million Pre-Seed to Launch Stablecoin-Based Cross-Border Payments

African-focused fintech OneDosh raises $3M pre-seed to develop a stablecoin-driven global payments platform, enabling faster, cheaper, and programmable international money transfers….

By: Wura Obadare

MTN South Africa grew its subscriber base to 40.1 million in Q3 2025 but recorded a 2.8% drop in voice revenue and a 5.1% decline in fintech earnings. Data revenue surged 6.4%, driven by rising usage and strong smartphone penetration.

MTN Nigeria Suffers 9,218 Fibre Cut Incidents, 211 Vandalism Cases in 2025

MTN Nigeria recorded over 9,000 fibre cuts and 211 vandalised sites in 2025, impacting network quality even as the telco returned to profitability and dividends….

By: Wura Obadare

The FCCPC has introduced new regulations to curb unethical digital lending in Nigeria. Lenders must register within 90 days or face fines of up to ₦100 million, ensuring consumer protection and responsible digital finance.

FCCPC Launches Enforcement Action Against Digital Lenders Over 2025 Compliance Breach

The FCCPC has begun regulatory enforcement against digital money lenders that failed to comply with Nigeria’s 2025 Digital Lending Rules, advising consumers to avoid unregistered…

By: Wura Obadare

Unity Bank’s Unifi mobile banking app is updated to version 2.3, offering stronger security, improved QR payments, and smoother bill payment and money transfer features for Android and iOS users.

Unity Bank Unifi 2.3 Update Brings Enhanced Security and Faster Mobile Payments

Unity Bank’s Unifi mobile banking app is updated to version 2.3, offering stronger security, improved QR payments, and smoother bill payment and money transfer features…

By: Ovie George

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