MTN secures 10-year license renewal
MTN secures 10-year license renewal of its 800MHz spectrum license from the Nigerian Communications Commission (NCC). This renewal reinforces MTN’s leadership in Nigeria’s telecommunications market and is set to deliver significant advantages to consumers nationwide. MTN Nigeria’s market position and financial performance MTN Nigeria has consistently been a leading player
Top 8 Business Investment Opportunities in South Africa This Year
South Africa is recognized as one of the most developed economies in Africa. It boasts a diverse range of sectors that are ripe for business investment. Whether you’re a local entrepreneur or an international investor, South Africa offers a wealth of opportunities to consider. This article highlights some of the
Top 7 Investment Opportunities in South Africa This Year
South Africa stands as one of the most promising investment destinations in Africa. With a well-established infrastructure, a diverse economy, and abundant natural resources, it offers a wealth of opportunities for both local and international investors. Whether you’re interested in real estate, renewable energy, or the rapidly growing tech sector,
M-Pesa integrates with PesaLink, driving growth and financial interoperability in Kenya
Kenya’s financial space is undergoing a significant transformation as M-Pesa integrates with PesaLink, facilitating real-time interbank transactions. This strategic move enhances interoperability within the nation’s financial ecosystem, enabling seamless transactions across diverse financial platforms. By aligning with M-Pesa, PesaLink is poised to expand its user base substantially, leveraging M-Pesa’s extensive
Eko DisCo sells 60% stake to Transgrid Enerco
Eko DisCo sells 60% stake to Transgrid Enerco Limited, a consortium comprising North South Power Company Limited (NSP), Axxela Limited, and the Stanbic IBTC Infrastructure Growth Fund (SIIF). On January 21, 2025, the group finalized a share purchase agreement to acquire this significant equity in Nigeria’s second-largest electricity distribution company.
Globacom’s CEO steps down amid regulatory pressures
Globacom’s CEO steps down amid regulatory pressures as Ahmad Farroukh, who assumed the role in October 2024 at Nigeria’s leading telecommunications company, Globacom, resigns unexpectedly. While the company hasn’t officially commented, reports suggest that Farroukh faced difficulties adapting to Globacom’s centralized management style, which is heavily influenced by its founder,
Naked, a South African insurtech firm, raises $38M to deepen its investment in automation and AI
Naked, a South African insurtech firm, has successfully raised $38 million (around R700 million) in its Series B2 funding round. This investment was spearheaded by global impact investor BlueOrchard and included increased contributions from existing backers such as Hollard, Yellowwoods, the International Finance Corporation (IFC), and Germany’s development finance institution,
Top 10 Investment Opportunities in Nigeria This Year
Nigeria has one of the largest economies in Africa. Despite the inflation that has befallen the once giant of Africa, there still remain top investment opportunities that are rewarding and worth buying into. In 2025, it is important to invest your money wisely and not let it sit idle. With
What is a Portfolio Company?
In the world of private equity, venture capital, and corporate investments, what is a portfolio company, frequently comes up. But what does it really mean, and why is it significant? Whether you’re an entrepreneur seeking funding or someone interested in the mechanics of investment strategies, understanding the concept of a
Nigeria becomes 13th most vulnerable country to cyberattacks
Between May and December 2024, Nigeria becomes 13th most vulnerable country to cyberattacks in seven months, climbing from the 35th to the 13th position on the Global Threat Index. During this period, the country’s normalized risk index escalated from 46.5% to 62.3%, indicating heightened vulnerability to cyber threats. The Global
