Techpoint Africa

The Central Bank of Nigeria (CBN) has revoked the operating licences of 46 microfinance banks, effective July 1, 2026, as part of a regulatory crackdown on non-compliant lenders. The apex bank said the affected institutions failed to meet regulatory requirements, citing issues such as insufficient assets to cover liabilities, prolonged inactivity, and others. Fintech-linked institutions affected include Sycamore Microfinance Bank, NOW NOW Digital MFB, OurPass MFB, Creditville MFB, and Casha MFB.

In a fast-moving world where people are often rushing from one destination to the next, small acts of kindness can leave the biggest impressions. For many drivers on the inDrive platform, the job is about more than completing trips; it is about serving people, building trust, and showing up when it matters most. For drivers like Edet Edet, honesty and empathy have shaped some of his most memorable moments on the road.

O’hayo, Victoria from Techpoint here, Here’s what I’ve got for you today: Vodacom gains majority control of Safaricom CA moves to penalise telcos for poor service MTN says migration protests haven’t hit operations Vodacom Vodacom has officially taken majority control of Safaricom after completing its $2.1-billion acquisition of the Kenyan government’s 15% stake in the telecom giant, just days after the Court of Appeal .

SIM-swap fraud has been a persistent problem in Nigeria, and although numerous measures have been put in place to address it, the search for a viable solution continues. Between 2019 and 2023, Nigerians reportedly lost about ₦12.5 billion to telecom-related financial crimes, according to the Nigeria Communications Commission (NCC). These crimes are usually perpetrated through a combination of SIM-swap fraud and other social engineering practices.

Every week across Africa, a fintech idea dies quietly. Not because the market didn’t need it. Not because the founder wasn’t capable. But because the road from idea to live, compliant, revenue-generating product is lined with barriers most founders were never given the tools to cross — regulatory frameworks, technical infrastructure, compliance knowledge, banking relationships, and capital. Bankiffy was built to remove every one of those barriers. Fuspay Technology Inc.

Wetech Women Foundation (Wetech), in partnership with UK-Nigeria Tech Hub, funded by the UK’s Government Digital Access Programme (DAP), has announced the launch of the PitchHer Investment Readiness Program a structured, eight-week programme designed to take 25 selected women founders across Nigeria from “interested in raising” to “ready to raise.” The programme will equip participants with the financial rigour, investor fluency, and pitch confidence to pursue capital from angels, venture...

Talofa, Victoria from Techpoint here, Here’s what I’ve got for you today: ICASA lays out Starlink’s road into South Africa Kenyan court clears $1.6bn Safaricom sale to Vodacom Mastercard opens African cybersecurity hub ICASA South Africa’s communications regulator has finally spelt out what Starlink and other satellite Internet providers must do if they want to operate legally in the country.

The script for building a technology company has become remarkably predictable. A founder raises seed capital, grows quickly, raises another round and repeats the process until an acquisition or public listing comes into view. Venture capital has become so deeply woven into the startup ecosystem that it is often treated as a milestone rather than simply one of many ways to finance growth. Lilia Stoyanov never accepted that assumption.

OPay, a leading fintech company in Nigeria, has introduced two new security features, Emergency Lock and Safety PIN, designed to give customers greater control over their money during security emergencies and unexpected situations. The new features reaffirm OPay’s commitment to putting customers first by providing practical tools that help users protect their funds before fraud, theft, or coercion can occur.

The assumption that if you equip young Africans with digital skills, employment will follow has been proven wrong over the years. Millions of young Africans continue to graduate from school each year for economies that cannot absorb them. At the same time, artificial intelligence is already shaping the nature of work, routine tasks, and changing the skills employers demand. For years, the response has centred on digital skills.