The tech-investment stories moving Africa's markets — what moved, and why it matters.
Sat, Aug 1
Ramaphosa's sign-off settles the political argument: the transmission grid will be stripped from Eskom and handed to a genuinely independent operator. That fight was real, and winning it matters.
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MTN Nigeria's fintech revenue fell 7.2% in the first half of 2026 — even as wallet numbers climbed to five million — because Nigeria's central bank forced it to suspend its airtime and data lending services. More wallets, less revenue.
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A $1.23 billion investment from Safaricom alone — inside a total $2.67 billion project — is a number that reframes what 'expanding into Africa' actually costs.
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MTN Nigeria's fintech revenue fell 7.2% in the first half of 2026 even as its wallet base hit five million active users. The culprit was one product: Nigeria's central bank forced it to suspend airtime and data lending, and that single…
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Separating the transmission grid from Eskom — done, and genuinely hard-won — removed one blocker. A public consultation on building a competitive electricity market is a different order of problem entirely.
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Rwanda has mandated the phase-out of 3G networks by 2027, requiring operators to migrate entirely to 4G and 5G connectivity. The policy represents one of Africa's most aggressive national network modernisation timelines and is being watched as a potential model for peer markets.
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