Africa's Tech Future, Today.
EFInA data reveals that formal financial inclusion in Nigeria has reached 73 per cent, with 87.2 million adults onboarded. However, formal credit access remains constrained, reaching only 12 million adults as high borrowing costs and strict underwriting requirements persist.
Ghana's digital services tax is now collected by banks at the point of payment. What the 20% covers, why GRA says it is not new, and what it means for startups.
The National Identity Management Commission has reaffirmed that Nigeria's national identity database is hosted locally within the country and managed entirely by internal staff. As the agency scales enrolment toward a 95 per cent national coverage target, it is implementing local data hosting and user consent management tools across its identity authentication services.
Proposed amendments to Kenya's payment system regulations seek to give the Central Bank direct oversight over significant equity investments in payment firms. While the reforms aim to enhance market stability and compliance, required regulatory approvals could lengthen fundraising cycles for growing startups.
South Africa's Minister of Communications and Digital Technologies, Solly Malatsi, is working to rebuild the nation's national artificial intelligence policy framework. After withdrawing an earlier draft due to fabricated academic citations generated by AI, the ministry has instituted disciplinary proceedings and appointed an expert advisory panel to produce a verified policy.
The World Bank says developing countries should stop chasing frontier AI models and focus on cheap, tailored tools that work on weak networks and in local languages. Its latest Africa update shows why the basics come first.
After eight years running Ethiopia's dominant telecom operator, Frehiwot Tamru moves into government as Minister of Innovation and Technology. Her move raises questions for both the ministry and Ethio Telecom.
A national salary study reveals that 46 out of every 100 Nigerian workers earn below ₦200,000 ($150) per month. The data highlights systemic wage pressures, currency inflation impacts, and income disparities across the formal and informal workforce.
Across Africa, approximately 906 million people live within reach of mobile broadband networks but remain offline. The persistent digital divide has shifted from physical network coverage to barriers surrounding device affordability, digital skills, electricity reliability, and transaction trust.
The Central Bank of Kenya is seeking enhanced regulatory authority to intervene in and directly manage troubled financial technology companies. The proposed legislative changes aim to protect consumer funds and preserve systemic stability across the digital financial services sector.
The Foundation for Digital Justice has filed a lawsuit against TikTok Inc. at the Federal High Court in Abuja over access restrictions affecting users in northern Nigeria. The legal action addresses alleged geoblocking across Kano, Kaduna, Kebbi, and Sokoto states.
The insolvency proceedings of Koko Networks (UK) Limited have hit a hurdle as administrators fail to secure viable offers for its carbon credit assets. With major debt liabilities looming, creditors face near-total losses as the British entity progresses through a formal wind-down.
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