Tag: Technology

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MTN CEO Ralph Mupita: Nigerian, Ugandan fintech spinoffs entering final stages

MTN Group is in the final stages of spinning off its Nigerian and Ugandan fintech units, clearing the path for strategic minority stake sales.

Omokolade Ajayi Omokolade Ajayi
MTN Group logo, representing the pan-African telecom operator.
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MTN targets Nigeria’s $236 billion credit gap with direct lending push

MTN Group plans to launch direct lending in Nigeria to target a $236 billion funding gap and disrupt African banking.

Omokolade Ajayi Omokolade Ajayi
World's richest person Elon Musk.
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Google’s $30 billion deal strengthens case for Elon Musk’s SpaceX $1.77 trillion IPO

Google’s $30 billion SpaceX deal validates the metrics for Elon Musk's upcoming $1.77 trillion IPO.

Omokolade Ajayi Omokolade Ajayi
MTN Group rolls out MTN One TV
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MTN launches One TV to drive digital entertainment across Africa

MTN rolls out MTN One TV, linking its mobile network and fintech to scale digital entertainment and content monetization across Africa.

Omokolade Ajayi Omokolade Ajayi
Egyptian fintech startup, Blnk
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Egyptian fintech startup, Blnk, raises $37 million to scale AI-driven consumer lending

Blnk raises $37 million in equity and debt to expand point-of-sale consumer credit and drive financial inclusion.

Omokolade Ajayi Omokolade Ajayi
Flutterwave logo representing Africa’s most valuable tech unicorn.
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Flutterwave, Tempo partner to speed up payments from US, Europe to Africa

Flutterwave partners with Tempo to launch stablecoin payment infrastructure, cutting cross-border fees as volumes cross $40 billion.

Omokolade Ajayi Omokolade Ajayi
Flutterwave logo representing Africa’s most valuable tech unicorn.
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Over 100 employees promoted as African fintech giant, Flutterwave, hits $40 billion milestone

Flutterwave promotes over 100 staff as it surpasses $40 billion in payments and expands global fintech infrastructure.

Omokolade Ajayi Omokolade Ajayi
Telkom SA SOC Limited.
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Telkom SA revenue grows to $2.74 billion on consumer demand strength

Telkom SA posts higher revenue to R44.48 billion ($2.74 billion), driven by strong data demand, consumer growth, and improved efficiency.

Omokolade Ajayi Omokolade Ajayi
African electric mobility company Spiro.
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African electric mobility firm Spiro raises $215 million, nears $1 billion valuation

Spiro raises $215 million, nears a $1 billion valuation, and expands electric motorcycle and battery-swapping operations across Africa.

Omokolade Ajayi Omokolade Ajayi
San Francisco-based giant Uber Technologies Inc
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Uber proposes $11.6 billion bid for Delivery Hero as Prosus, led by South African billionaire Koos Bekker, trims stake

Uber’s $11.6 billion bid for Delivery Hero emerges as Prosus trims stake under EU rules and competition intensifies in Europe’s food delivery market.

Omokolade Ajayi Omokolade Ajayi
Axian Telecom advances digital operations across Africa through cloud transformation and telecom expansion in nine markets.
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Axian Telecom rises after Oracle deal, ranks among Africa’s fastest-growing firms

Axian Telecom rises to No. 63 on the 2026 Financial Times list of Africa’s fastest-growing companies under Hassanein Hiridjee, driven by steady expansion across African markets.

Omokolade Ajayi Omokolade Ajayi
Axian Telecom advances digital operations across Africa through cloud transformation and telecom expansion in nine markets.
TechnologyBusinessHot News

Axian Telecom taps $500 billion U.S. software giant, Oracle, to modernize African operations

Axian Telecom partners with Oracle to strengthen operations across Africa as profit rises to $226.3 million and expansion plans accelerate.

Omokolade Ajayi Omokolade Ajayi