The tech-investment stories moving Africa's markets — what moved, and why it matters.
Wed, Aug 12
MTN has held 49% of Irancell since long before sanctions froze the asset in 2018. It has collected zero dividends since then, can't sell the shares, and can't move the money. The impairment just makes the accounting match reality.
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The analysis makes a narrow, arithmetic point that is easy to miss in the broader noise about funding shortages.
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A dedicated crypto track inside Nigeria's central bank sandbox sounds like a breakthrough — and after years of outright hostility toward virtual assets, it genuinely is a shift.
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For nearly thirty years, South Africa's payment system ran on a self-regulatory model — banks and payment providers, through PASA, essentially governing themselves under a light central-bank blessing.
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CMA approves the WSA banking-sector ETF, delivering Kenya's first locally domiciled ETF ahead of the planned AI-focused product and adding a new investable instrument to the NSE.
BluePeak Private Capital has invested $12 million in Monty Mobile to support the company's expansion across African telecom infrastructure markets. The deal signals continued development finance institution appetite for enabler-layer telecom plays on the continent.
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