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Securing digital finance as cybercrime shadows Africa’s payment system

Securing digital finance as cybercrime shadows Africa’s payment system

Digital payments are rising swiftly across Central and West Africa, unlocking tremendous opportunities in trade, financial access, and consumer empowerment. However, this rapid growth in digital finance is paralleled by increasing cyber threats,...

PalmPay Partners AXA Mansard Health To Make Digital Insurance Accessible And Affordable For Nigerians

PalmPay Partners AXA Mansard Health To Make Digital Insurance Accessible And Affordable For Nigerians

PalmPay, a leading fintech platform and full-stack digital neobank for emerging markets, has partnered with Nigeria’s biggest Health Insurance Company, AXA Mansard Healtha member of the globally trusted AXA Group, to provide millions of Nigerians...

Nigeria’s $10bn annual food import bill sparks call for agricultural reform

Nigeria’s $10bn annual food import bill sparks call for agricultural reform

Minister of Agriculture and Food Security, Sen. Abubakar Kyari, has revealed that Nigeria spends approximately $10 billion each year importing agricultural products such as wheat, rice, sugar, fish, and tomato paste. Speaking at the First Bank of...

Telcos race to win over Africa’s smartphone gamers

Telcos race to win over Africa’s smartphone gamers

Some of the telcos in the race / HANDOUTMobile operators in Africa are beginning to pay attention to a booming mobile gaming scene, as millions of young people transform esports from a hobby into a pathway to connection, opportunity and income....

Kenya is set to be regional hub for biotech

Kenya is set to be regional hub for biotech

Prof. Josiah Ouma, Associate Professor of Organic Chemistry at Egerton University, inspects progress 9of the construction of the International Centre of Excellence in Biotechnology at Egerton University, Njoro. Kenya is positioning itself as a...

Lagos, Ogun, FCT are highest petrol consumers – FG

Lagos, Ogun, FCT are highest petrol consumers – FG

Lagos, Ogun and the Federal Capital Territory, Abuja, have been identified as major consumers of Premium Motor Spirit (petrol), according to data released by the Nigerian Midstream and Downstream Petroleum Regulatory Authority. The NMDPRA PMS...

TD Africa secures ISO certifications

TD Africa secures ISO certifications

TD Africa, one of Sub-Saharan Africa’s biggest technology distributors, has secured two international certifications that set new standards for the region’s role in artificial intelligence and data governance. The company announced in Lagos that...

Oxfam Warns African Tax Systems Deepen Inequality

Africa’s tax policies are reinforcing inequality by unfairly burdening the poor while offering generous exemptions to the wealthy, according to Oxfam. The advocacy group claims that current systems are designed to maintain economic imbalance...

South Africa’s Mobile Networks Expand Digital Access

Vodacom and MTN are making it easier for millions of South Africans to step into the digital age. Both companies have launched ultra-low-cost 4G smartphone offers, priced as low as $3.70, targeting customers still using older 2G and 3G devices....

MTN South Africa Trims Forecast Amid Fierce Market Competition

MTN South Africa is tempering its financial expectations as it navigates a tough local market. The telecom giant has lowered its medium-term revenue growth outlook, pointing to intense competition and ongoing pressure on consumers’ wallets. In its...

South African agricultural exports to US surge despite tariffs

South African agricultural exports to US surge despite tariffs

The South African agricultural sector has marked a significant achievement in the second quarter of 2025, with exports to the United States reaching US$161 million, reflecting a 26% increase compared to the same period in 2024, Cape {town} Etc...

Consortium Completes Feasibility Study for Hydrogen Corridor Linking Africa to Europe

A group of five leading European gas transmission system operators (Snam, TAG, Eustream, NET4GAS, and OGE) has successfully completed a crucial feasibility study for the SunsHyne Corridor project, a 3,400-kilometre hydrogen pipeline linking...

Customers may bear some cost of U.S. tariff rise, says Natco Pharma CEO

Customers may bear some cost of U.S. tariff rise, says Natco Pharma CEO

Rajeev Nanapaneni | Photo Credit: Arranged For Indian pharma industry, there is bound to be disruption initially in the event of the U.S. imposing tariff but over time the drugmakers will look to pass on some of the impact to the customers, in the...

‘Abandoned N6.3b Oguta, Baro ports cost Nigeria two million jobs’

‘Abandoned N6.3b Oguta, Baro ports cost Nigeria two million jobs’

The abandoned N6.3 billion Oguta River Port in Imo state and the Baro River Port in Niger state cost the country over two million jobs while stalling the economic growth in the Southeast and Northern regions, an expert has said. Recall that the...

Algeria: Chicken Cheaper Than Ever, But at What Cost for Farmers?

Algeria: Chicken Cheaper Than Ever, But at What Cost for Farmers?

Facebook Twitter LinkedIn WhatsApp While Algerian consumers are celebrating the sharp decline in chicken prices, poultry farmers are sounding the alarm. Since the start of 2025, prices have dropped dramatically, with a kilo of chicken selling for...

MPR:  Five Banks Raked N2.22trn from Lending to Customers in H1

MPR:  Five Banks Raked N2.22trn from Lending to Customers in H1

Kayode Tokede On the back of Monetary Policy Rate (MPR), currently at 27.5 per cent, Ecobank Transnational Incorporated and four other financial institutions generated N2.22 trillion from lending to their customers in the half year ended June 30,...

Report: 22% Growth, FX Stability Critical for Nigeria’s $1trn EconomyAmbition

Report: 22% Growth, FX Stability Critical for Nigeria’s $1trn EconomyAmbition

Nume Ekeghe Nigeria’s ambition of attaining a $1 trillion economy by 2030 is attainable but will hinge on bold policy choices and disciplined execution, analysts at Norrenbergerhave said. In their H2 2025 Economic Outlook titled,“The Great...

Data depletion: No evidence telcos are shortchanging consumers, says NCC

Data depletion: No evidence telcos are shortchanging consumers, says NCC

The Nigerian Communications Commission (NCC) said that it recently took a significant step to address persistent consumer complaints, particularly those related to data depletion and inaccurate billing. This move involves mandating...

GHIB’s, Vista Bank Group announce Strategic Collaboration to support expansion in Africa

GHIB’s, Vista Bank Group announce Strategic Collaboration to support expansion in Africa

Ghana International Bank (GHIB) today announced a strategic collaboration with Vista Bank Group at the CNVERGE '25 conference, establishing a comprehensive partnership to enhance trade finance access across West African markets and strengthen...

Nigerian company incorporates new LPG tanker into its growing fleet

Nigerian company incorporates new LPG tanker into its growing fleet

Nigerian liquid natural gas and petroleum products transport, trade and marketing company WAGL Energy has taken into service its latest ship, the MT Iyaloja (Lagos). The ceremony was held in Ulsan, South Korea, where the ship was built by Hyundai....

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