Technology

Nigeria teams up with Meta to launch AI accelerator and deepen tech collaboration

Nigeria partners with Meta to launch an AI accelerator supporting startups building local solutions, as part of a broader push to boost innovation through public–private collaboration.CONTINUE READING ON TECHPOINT.AFRICA

MTN to spin off Uganda fintech pending regulatory and shareholder approval

MTN Uganda plans to spin off its fintech division, aligning with a wider MTN Group strategy across Africa.CONTINUE READING ON TECHPOINT.AFRICA

Kenya to start taxing startup workers’ shares before they get paid

Kenya plans to scrap tax breaks on employee stock options, meaning workers could pay taxes before cashing out. This could hurt startups' ability to...

Fincra secures Tanzanian licence as it expands footprint across East Africa

Fincra has obtained a Payment Systems Provider licence in Tanzania, expanding its footprint to a third East African market.CONTINUE READING ON TECHPOINT.AFRICA

Moniepoint in talks to acquire 78% of Kenya’s Sumac Microfinance Bank after regulatory nod

Moniepoint has gotten regulatory approval to begin talks to acquire Kenya's Sumac Microfinance Bank, which has $23 million in assets.CONTINUE READING ON TECHPOINT.AFRICA

Nigeria’s postal service wants to become a fintech. Will the market take it seriously?

Nigeria’s Postmaster General recently revealed that the postal service has paid fines and renewed licenses with the central bank paving the way to become...

Experts debate Bosun Tijani’s plan to create another blockchain policy 2 years after the previous one was approved

Nigeria had a blockchain policy approved in 2023, but Bosun Tijani is planning a new one. While some see it as a waste of...

Nigeria’s talent export scheme aims to export up to 1 million tech talent for global services

Nigeria relaunches the National Talent Export Programme to position the country as a leading global services exporter by 2030, aiming to create one million...

Starlink’s South Africa launch faces regulatory turbulence amid BEE compliance debate

Starlink's South African launch stalls as ICASA moves to enforce compliance, while government mulls easing BEE rules.CONTINUE READING ON TECHPOINT.AFRICA

Oui Capital urges fintech investors to prioritise Africa’s cross-border payments infrastructure

A new report urges fintech investors in Africa to back payment infrastructure over consumer apps, warning that ignoring core systems like APIs and FX...

Carrot Credit raises $4.2m to help Africans access loans using digital investments as collateral

Nigerian fintech Carrot Credit raises $4.2m to scale its asset-backed lending model, helping Africans unlock loans using stocks, crypto, and fixed income as collateral.CONTINUE...