The tech-investment stories moving Africa's markets — what moved, and why it matters.
Wed, Aug 26
MTN Nigeria isn't starting from scratch. It already holds the idle cash — the "float" sitting in millions of mobile money wallets — that a bank would kill for. The question Mupita is really asking is: why keep paying partner banks to lend…
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Moniepoint spent £1.2 million setting up in the UK, dropped another $2.5 million acquiring a regulated payments licence, then watched transaction volume grow 70% — and still walked away.
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Spectranet took over a decade to build a base of 111,000 subscribers. Starlink matched it in roughly three years — and is closing the remaining gap of 12,742 at more than double Spectranet's current growth rate.
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MTN is putting 150MW of AI data centre capacity into South Africa and Nigeria — but deliberately keeping itself as a minority investor, with a UAE-backed partner holding the larger share.
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Nigeria formalises sovereign cloud implementation taskforce, signalling real data-localisation enforcement risk for cloud operators
South Africa approves $18.2 million supercomputer investment following revelation that legacy vulnerabilities caused the original breach
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