Legend Internet moves to acquire ISP and microfinance bank
At its second annual general meeting held on November 7 in Abuja, shareholders of Legend Internet Plc approved plans to acquire a licensed Internet Service Provider (ISP) and a licensed microfinance bank. The company also received approval to raise up to ₦150 billion ($101,827,450) in new capital and issue 10
Kenya enforces new law to bring crypto firms under Central Bank’s watch
Kenya enforces new law to bring crypto firms under the Central Bank’s watch for the first time. The Virtual Asset Service Providers Act 2025, gazetted on October 21 and effective from November 4, grants the Central Bank of Kenya (CBK) and the Capital Markets Authority (CMA) the power to license
Side Hustle to Startup: Knowing When It’s Time to Go All In
There’s a moment every entrepreneur feels at some point. It usually sneaks up on you. You’re going about your day, juggling the usual mix of obligations, then suddenly this realization lands. This thing I’m building on the side isn’t small anymore. And it’s starting to pull me forward. Maybe it
Niza Aritha Zulu: From Student Idea to Patent-holding Agritech Innovator
A 15-year-old Niza Aritha Zulu would be shocked to know she’d become a tech founder, especially since she was afraid of the sciences. Today, she’s the co-founder of Bio Green Technology, a Zambian startup using AI and IoT to help fish farmers monitor water quality in real time, make data-driven
IHS Towers records $268m revenue in Nigeria in Q3 2025
The global leader in shared communications infrastructure, IHS Towers records $268m revenue in the Nigerian market for the third quarter of 2025. The growth was driven by adjustments in telecom tariffs, a strong naira and increased demand from leading mobile network operators (MNOs) such as MTN and Airtel. According to
Today Africa Weekly | November 10 – November 16, 2025
If you thought nothing happened last week (November 10 – November 16, 2025), then it means your feed was stubbornly quiet. There was data centre drama, green energy cheques, government-sized funds, and a law that might rewrite how the internet gets regulated in Africa’s largest market. It reads like a
IHS Towers cuts ties with 9mobile over unpaid bills
IHS Towers has asked telecom operator 9mobile to vacate 2,576 tower sites starting in the third quarter of 2025. The exit follows a revised agreement between the two companies, which also commits the operator, now rebranded as T2, to clear parts of its long-standing debt through July 2027. IHS confirmed
YC-backed Moni rebrands as Rank after bank acquisition
Y Combinator-backed Nigerian fintech, YC-backed Moni rebrands as Rank and acquired AjoMoney, a group savings platform, and Zazzau Microfinance Bank (MFB), part of its effort to offer a range of regulated financial services beyond savings, including payments and investment products. As part of the deal, Zazzau MFB will now operate
NITDA emerges as Nigeria’s digital super-regulator under new bill
On Monday, November 10, Nigeria’s National Assembly held a public hearing on the National Digital Economy and E-Governance Bill, 2024, a landmark legislation designed to create a unified legal and institutional framework for the country’s digital economy and e-government transformation. Now in its final stage of consideration, the bill is expected to be
Today Africa Weekly | November 3 – November 9, 2025
Yes, I’m writing this on Monday, around 5 am. Because Africa’s tech space never sleeps, apparently. You’re sipping your morning coffee, and somewhere in Lagos, a founder is trying to convince investors that yes, that “crazy idea” might just be the next big thing. Meanwhile, in Nairobi, a VC is
