Fintech Is Giving Africa’s Top Telco A Lifeline Amid Setbacks
MTN Group reported a 20.8% decline in group service revenue, largely due to a drop in revenue from its Nigerian operations. MTN's fintech division saw a 27.2% year-on-year growth, with strong performances in Ghana, Uganda, and Cameroon.
Cameroon gets $38 million grant to support digitalisation projects
Upgrade and digitize Cameroon's civil status registration system Set up an efficient and secure foundational identity system
The future of cross-border payment: Traditional vs digital
Africa is experiencing a rise in regional real-time payment infrastructure, shifting the tide of global remittances. The largest remittance corridors in Africa include transfers between Cameroon and Nigeria, Niger and Nigeria, and South Africa and Zimbabwe.
FinTech Super App NoOnes Surpasses 200,000 Downloads
NoOnes has surpassed 200,000 downloads since its launch in April 2023. The platform has seen a 300% increase in daily downloads and a 400% rise in user signups in the last three months.
Starlink could come to Botswana as the government reportedly meet Starlink executives
Botswana's President met with SpaceX executives to discuss obtaining an operational license in the country. The Botswana Communications Regulatory Authority (BOCRA) rejected Starlink's application for a license and banned the import, use, and sale of Starlink kits or services.
