Trump put a $100K price tag on foreign talent
On Friday, September 19th, 2025, Trump signed an executive order slapping a $100,000 annual fee on companies hiring foreign workers through the H-1B program. The White House later clarified that petitions already filed won’t be affected — but the signal is unmistakable. Commerce Secretary Howard Lutnick put it bluntly: companies
M-PESA’s biggest upgrade in a decade is completed
Safaricom, Kenya’s largest telco with over 35 million subscribers, has completed the most ambitious M-PESA’s biggest upgrade since localising the platform a decade ago, restoring services early Monday morning after a three-hour cutover. The upgrade, named Fintech 2.0, moves Africa’s second most widely used mobile money service to a cloud-native architecture capable
Today Africa Weekly: Tech news recap | September 15 – 21, 2025
I’m starting to think African fintech founders have a secret WhatsApp group where they decide who gets funded each week. Because honestly, how else do you explain Kredete casually bagging $22 million while the rest of us are still figuring out how to stretch data subscriptions till month-end? Anyway, whether
What to expect from M-PESA upgrade on Sept. 22
Safaricom, Kenya’s biggest telco, will execute its most significant M-PESA upgrade since bringing the service to the country in 2015, migrating the platform to a new core known as Fintech 2.0. The upgrade, scheduled on September 22, will affect over 50 million M-PESA customers across Africa and is designed to
A Look at the Charlie Kirk Biography: Major Conservative Voice
“No one understood or had the Heart of the Youth in the United States of America better than Charlie,” President Donald Trump wrote of him. The story of Charlie Kirk is the story of one of the most influential conservative activists of the early 21st century. In just over a
UBA cut fraud losses nearly in half, as profits hit ₦335bn
United Bank for Africa (UBA), with a market capitalization of ₦1.93 trillion ($1.29 billion) and operations in 20 African countries, has successfully cut fraud-related losses by 45.35%, reducing them to ₦288 million ($192,130) in the first half of 2025. At the same time, its profit after tax grew by 6.06%
How Founders Can Build an Investor-ready Data Room
Raising capital is one of the biggest challenges every founder faces. Beyond pitching with passion and a polished deck, investors want proof that your business is structured, transparent, and ready to scale. That’s where an investor-ready data room comes in. Think of a data room as your startup’s “control center”
How to Master Unit Economics in Low-margin African Businesses
Running a business in Africa is not for the faint-hearted. Entrepreneurs face a unique combination of challenges: While passion and grit are crucial for survival, they are not enough. What separates businesses that thrive from those that collapse is often one thing: their grasp of unit economics. Unit economics refer
MTN Nigeria secures roaming agreement with T2 Mobile
MTN Nigeria secures roaming agreement with T2 Mobile Limited, formerly 9Mobile, for a period of three years, after approval from the Nigerian Communications Commission (NCC) to lease frequency spectrum from T2 Mobile. The agreement, which takes effect from October 1, is in line with the company’s 2025 strategy to expand its
Blockchain.com opens its first office in Nigeria
UK-based crypto company, Blockchain.com, opens its office in Nigeria, marking its first physical presence in Africa. The move comes seven months after it announced plans to enter the continent and positions Nigeria as the starting point for its broader African expansion. The company says Nigeria is now its largest market
