MTN Fintech Platform Drives Surge in Digital Payments as Transactions Top US$ 500 Billion
MTN Group has reported a sharp expansion in its financial technology platform in 2025, with digital payments surging as more customers adopted advanced mobile money and fintech services
One-off Tax Settlement Clouds MTN Uganda's Strongest Operating Year Since Listing
MTN Uganda reported full-year 2025 service revenue of USh 3.6 trillion, up 13.4%, driven by a 28.8% surge in data revenue to USh 1.0 trillion and 17.3% fintech growth to USh 1.1 trillion. EBITDA rose 17.0% to USh 1.9 trillion, expanding the margin to 53.8%. Reported profit after tax grew 5.8% to USh 679 billion after absorbing a one-off USh 110.9 billion transfer pricing settlement with the Uganda Revenue Authority. Adjusted net profit rose 23.1% to USh 790 billion. The board declared a total dividend of USh 28.75 per share, up 27.2%.
Rwanda Authorities Probe Equity Bank Fraud Scheme
Equity Bank Rwanda is at the center of an ongoing investigation into a fraud incident that has prompted the detention of 35 individuals, including six in Uganda.Access Bank CEO Calls for Stakeholder Collaboration to Boost Intra-African Trade
Access Bank PLC's MD and CEO Roosevelt Ogbonna and other participants at ATC 2026, has called for stronger collaboration among policymakers, financiers and businesses to accelerate trade within Africa and unlock the continent’s economic potential.
Kenya Topped East African Private Capital Activity in 2025 - Stears Report
Kenya emerged as one of Africa’s most active private capital markets in 2025, ranking third on the continent, according to the 2025 Private Capital in Africa Activity Report by Stears Information Ltd.Africa’s Global Trade Integration is Improving Despite Geopolitical Tensions- DHL Report
Several Sub-Saharan African economies are strengthening their links to global trade and investment networks, even as globalization remains at record levels despite rising geopolitical tensions, according to the DHL Global Connectedness Report 2026.Canal+ Grapples to Steady MultiChoice as Subscriber Numbers Fall
The figures were released alongside the strategic update of Canal+, the French media group that is in the process of integrating the African broadcaster following its takeover.Africa’s AI Moment Hinges on Smart Regulation, Salesforce Executive Says
In this interview with The Kenyan Wall Street, Saunders speaks about Salesforce, regulation, what policymakers and innovators need to do to get this moment right.Africa is Building on Its Trade Momentum But Structural Frictions Remain, Standard Bank's Trade Barometer Shows
The disconnect between macroeconomic performance and the day-to-day realities facing businesses is still a defining feature of the landscape, the latest Standard Bank Africa Trade Barometer (ATB) shows.Nigeria Adopts National Policy on Cosmetics Safety
The policy, developed with support from the World Health Organization (WHO), establishes a clear system to regulate how cosmetic products are manufactured, imported, sold, used and disposed of.Parliament Clears Safaricom Stake Sale With Six Conditions
National Assembly approved the sale of a 15% government stake in Safaricom PLC to Vodacom Group on 10 March 2026, clearing the country's largest post-independence divestiture. The KSh 204.3 billion transaction gives Vodacom majority control at 55%. Parliament attached six binding conditions, including no staff redundancies, a 10-year dealer protection period, and ring-fencing of all proceeds into the newly signed National Infrastructure Fund. Four regulatory approvals remain outstanding, including a final determination from the Central Bank of Kenya, which has not yet cleared the change of control over M-Pesa.Nigerian Startup Prembly Unveils Shared Fraud Database for African Fintechs
Nigeria-based identity verification startup, Prembly, has launched an open fraud-intelligence database aimed at helping banks, fintechs and online platforms detect scams earlier
