4+ day, 16+ hour ago   (467+ words) Ghana’s telecom regulator has narrowed the field for the country’s first competitive 5G spectrum auction, qualifying three of four applicants to move forward and rejecting a fourth outright. The National Communications Authority said Tuesday that Scancom Plc (MTN Ghana), Ghana Telecommunications…...

6+ day, 16+ hour ago   (760+ words) Ghana’s Communications, Digital Technology and Innovations Minister, Samuel Nartey George, used Monday’s Government Accountability Series at Ghana’s Jubilee House to present an eight-month scorecard for his ministry — one that paired consumer-facing wins with candid disclosures about the infrastructure problems undercutting…...

1+ week, 3+ day ago   (513+ words) PalmPay has launched a customer-facing campaign, “PalmPay Dey For You,” aimed at reassuring Nigerian users about the safety of their money as scrutiny of digital financial platforms intensifies. The campaign centers on PalmPay’s regulatory standing and a suite of in-app…...

1+ week, 4+ day ago   (622+ words) Uber ended its ride-hailing operations in Nigeria and Uganda on Wednesday, walking away from one of its most prominent African markets after roughly a decade in the country. The company confirmed the shutdown in a statement to the Lagos-based outlet…...

1+ week, 4+ day ago   (631+ words) In addition to the two Dangote Group IPOs this year, two Chinese tech firms with predominantly African operating businesses are seeking to list on the Stock Exchange of Hong Kong (ESHK). Transsion, whose Tecno, Infinix, and itel phones are market…...

1+ week, 5+ day ago   (547+ words) The Ghana Association of Savings and Loans Companies (GHASALC) is developing a shared instant payment platform with two partner bodies, the Ghana Microfinance Institutions Network (GHAMFIN) and the Credit Union Association (CUA), aiming to give non-bank lenders the kind of…...

2+ week, 4+ day ago   (513+ words) Ventures Platform, one of Africa’s most active seed-stage investors, has closed its second fund at $84 million, beating its original $75 million target. The close comes three years after the firm’s first fund and lands in a global venture environment that has…...

2+ week, 5+ day ago   (580+ words) MTN Group, Africa’s largest telecommunications operator, is seeking banking licenses that would let it lend money directly from its own balance sheet, marking its most aggressive push yet into financial services across the continent. The move builds on comments from…...

3+ week, 3+ day ago   (402+ words) LILONGWE — Malawi has spent years building out mobile networks that now reach the vast majority of its population. Yet a new report suggests that infrastructure push has outpaced actual adoption, leaving the country with one of the widest usage gaps…...

3+ week, 4+ day ago   (521+ words) Ghana’s Securities and Exchange Commission has almost doubled the roster of companies allowed to test crypto and tokenization products under its regulatory watch, expanding the Virtual Asset Sandbox from 11 firms in March to 20. The updated list, published in a public…...