---
title: "African technology news"
description: "Read current reporting about African software products and technology markets."
canonical_url: "https://liners.com/news?page=33"
markdown_url: "https://liners.com/news.md?page=33"
type: "listing"
language: "en"
---

# African technology news

Read current reporting about African software products and technology markets.

## Summary

Read current reporting about African software products and technology markets.

## News

| Title | URL | Description | Published |
| --- | --- | --- | --- |
| Legend Internet Posts ₦216.8m Loss as Admin Costs Jump | /news/legend-internet-loss-admin-costs-april-2026 | Legend Internet reported a ₦216.8m loss for the period ended April 2026 as administrative expenses rose 162% ahead of its Spectranet merger. | 2026-08-18T09:12:23.272Z |
| CBK Adds DhowCSD Mobile Payments for KSh250,000 Bids | /news/cbk-dhowcsd-mobile-payments-government-securities-250k | CBK now lets investors pay for successful government securities bids up to KSh250,000 via the DhowCSD app, starting with M-Pesa support. | 2026-08-18T09:09:40.609Z |
| Cardtonic Upskill 4.0 Opens 2026 Applications in NG, GH | /news/cardtonic-upskill-4-0-2026-applications-nigeria-ghana | Cardtonic Upskill 4.0 is taking 2026 applications in Nigeria and Ghana, offering 25 MacBook Pro (M5) laptops and 20 fully funded AltSchool Africa scholarships. | 2026-08-18T09:07:42.067Z |
| KCB Wins Priority Over Proctor & Allan Assets in Court | /news/kcb-priority-proctor-allan-assets-debt-dispute | Kenya’s High Court gave KCB priority over Proctor & Allan (EA) assets in a Sh4.9B debt row, stopping EPCO Builders from selling the firm’s property. | 2026-08-18T09:06:33.397Z |
| Breet Crosses $1B Volume Without VC Funding, Report Says | /news/breet-1b-volume-self-funded-profitable-crypto-offramp | A new report says Breet is self-funded and profitable after processing $1B+ in volume and 5M+ transactions across Nigeria and Ghana. | 2026-08-18T09:05:23.630Z |
| Moniepoint And Flutterwave Shift Focus to Retention | /news/moniepoint-flutterwave-retention-revenue-per-customer | Moniepoint and Flutterwave are growing in Nigeria by increasing revenue per customer and lowering churn, not by chasing more users. | 2026-08-18T09:03:43.106Z |
| Heirs Insurance Group Premiums Jump 89% to ₦115bn | /news/heirs-insurance-group-premiums-115bn-profit-falls-fx-2025 | Heirs Insurance Group says 2025 gross written premiums rose 88.5% to ₦115bn, but profit before tax fell 14.9% as FX volatility hit margins. | 2026-08-18T09:02:58.436Z |
| Jobberman And Mastercard Foundation Start Phase 2 Placement | /news/jobberman-mastercard-foundation-phase-2-12-month-placement | Jobberman and Mastercard Foundation onboard 500+ associates for phase two of a 12-month placement program, offering mentorship and a path to jobs. | 2026-08-18T09:00:30.639Z |
| Nigeria National Digital Cloud Policy Targets $750M in 2 Years | /news/nigeria-national-digital-cloud-policy-750m-investment | Nigeria’s National Digital Cloud Policy aims to pull in $750M private investment in 24 months, backing data centres, government cloud, and rules via NITDA. | 2026-08-18T07:00:31.290Z |
| Citi To Redeem $1.5B Series T Preferred Stock Aug 15 | /news/citi-series-t-preferred-stock-redemption-august-2026 | Citi will fully redeem its $1.5B Series T preferred stock on Aug 15, 2026, with cash payments on Aug 17, as it optimises funding and capital. | 2026-08-17T19:56:10.517Z |
| Citi Joins $4.6B JBIC Loan for US Gas Power Projects | /news/citi-jbic-4-6b-syndicated-loan-us-gas-power | Citi is a lender and agent in a $4.6B JBIC-backed syndicated loan to fund US natural gas power plants in Texas and Pennsylvania for AI-driven demand. | 2026-08-17T19:55:05.512Z |
| Standard Bank To Early Redeem ZAR95m CLN778 Notes | /news/standard-bank-early-redemption-cln778-notes | Standard Bank will early redeem its ZAR95 million CLN778 credit-linked notes on 31 Aug 2026, paying nominal value plus accrued interest. | 2026-08-17T19:54:00.109Z |
| Fawry H1 2026 Results: Revenue Up 39% to EGP 5.2B | /news/fawry-h1-2026-results-revenue-profit-msme-finance-facility | Fawry posted H1 2026 revenue of EGP 5.2B, EBITDA of EGP 3.0B, and profit of EGP 1.6B. Its MSME unit also secured EGP 550M funding. | 2026-08-17T19:52:49.885Z |
| Nedbank Lists NNF199 Note on JSE, R75m Due 2036 | /news/nedbank-nnf199-jse-note-listing-2026 | Nedbank has received JSE approval to list NNF199, a R75m senior unsecured note that switches from ZARONIA-linked floating interest to 9.13% fixed. | 2026-08-17T19:52:18.812Z |
| TurnStay Hits R1bn Travel Payments, Preps Series A | /news/turnstay-r1bn-travel-payments-series-a | South African fintech TurnStay processed over R1bn in travel payments in H1 2026, passed 100 clients, and is preparing a Series A for Africa expansion. | 2026-08-17T19:51:00.787Z |
| eTranzact Fraud Case: Court Orders Freeze of 69 Accounts | /news/etranzact-fraud-court-freeze-69-accounts | A Federal High Court in Abuja ordered banks and fintechs to freeze 69 accounts after alleged ₦1.39bn unauthorised credits on eTranzact’s ecosystem. | 2026-08-17T16:00:40.907Z |
| Tala Sets “Debt With Dignity” Rules for Digital Loans | /news/tala-debt-with-dignity-consumer-protection-digital-credit | Tala says its “Debt with Dignity” approach will tighten consumer protection in digital credit, from clearer loan terms to safer collections and privacy. | 2026-08-17T15:59:07.877Z |
| GTCO Interest Income Jumps 506% as Card Limit Doubles | /news/gtco-interest-income-506-percent-gtbank-card-limit-40000 | GTCO says interest income rose 506% since 2020, while GTBank doubled naira card international spend limits to $40,000 per quarter for eligible users. | 2026-08-17T15:58:31.730Z |
| MTN Uganda Expands Y’ello Care Health Work in Gomba | /news/mtn-uganda-yello-care-health-initiative-gomba | MTN Uganda expanded its Y’ello Care health initiative in Gomba District, backing maternal care, digital health services, and local clinics with partners. | 2026-08-17T15:58:20.713Z |
| Hollywoodbets Extends Brentford FC Betting Deal 5 Years | /news/hollywoodbets-brentford-fc-five-year-partnership-renewal | Hollywoodbets renewed its Brentford FC partnership for five more years, staying official betting partner and expanding community support via the Hollywood Foundation. | 2026-08-17T15:57:58.013Z |
| CBK Stays in M-Pesa Fraud Case Against Safaricom | /news/cbk-m-pesa-fraud-case-safaricom-high-court | Kenya’s High Court kept CBK in a Sh125,658 M-Pesa fraud lawsuit against Safaricom and M-Pesa Holding. The case returns on Sept 17, 2026. | 2026-08-17T15:57:13.812Z |
| Stanbic IBTC Bank Upgrades FinnAxia to Version 9.0 | /news/stanbic-ibtc-bank-finnaxia-9-transaction-banking-upgrade | Stanbic IBTC Bank has upgraded its transaction banking platform to FinnAxia 9.0, aiming for better payments, cash management, and automation for business clients. | 2026-08-17T15:55:46.374Z |
| MultiChoice Nigeria Petitions EFCC Over Moreplex TV Claims | /news/multichoice-nigeria-efcc-petition-moreplex-tv | MultiChoice Nigeria has asked the EFCC to probe Moreplex TV over alleged signal interception and tax or revenue losses said to exceed ₦2 billion. | 2026-08-17T15:53:35.756Z |
| Luno Lists ZARU/USDT and ZARU/USDC Pairs With Fee Cut | /news/luno-zaru-usdt-zaru-usdc-launch-fee-reduction | Luno has listed ZARU/USDT and ZARU/USDC with reduced fees for 90 days, giving traders a regulated route between stablecoins and ZARU. | 2026-08-17T15:53:19.816Z |
| Selar Tax Dispute Puts Lagos Creator Royalties in Focus | /news/selar-lagos-withholding-tax-creator-economy-royalties | Selar’s dispute with Lagos tax officials shows Nigeria may classify creator-platform sales as royalties, pushing a 5% withholding tax at payout. | 2026-08-17T15:52:44.562Z |
| Hustler Fund Audit Flags 87% Loans Overdue Past 1 Year | /news/hustler-fund-audit-87-percent-loans-overdue | Kenya’s Auditor-General says Hustler Fund has KSh 13.2B overdue over one year, plus data issues, closed accounts, and an unapproved loan product. | 2026-08-17T15:49:32.653Z |
| Choplife Moves Into Itana Digital Free Zone In Nigeria | /news/choplife-moves-to-itana-digital-free-zone-nigeria | Choplife, founded by Mr Eazi, has moved into Itana’s digital free zone in Nigeria, aiming for simpler cross-border operations and global expansion. | 2026-08-17T15:49:05.963Z |
| Uber Eats Partners NRS to Add Delivery for Small Shops | /news/uber-eats-nrs-partnership-independent-retailer-delivery | Uber Eats and National Retail Solutions are partnering to bring digital ordering and delivery to independent retailers across the US and Canada. | 2026-08-17T15:48:42.473Z |
| Moniepoint and TeamApt Detail Aptpay Suite for Banks | /news/moniepoint-teamapt-aptpay-suite-bank-payments-infrastructure | Moniepoint says 16 banks have moved from outsourced processing to Aptpay Suite, covering switching, card processing, authentication, and direct debit rails. | 2026-08-17T15:47:22.083Z |
| Hubtel Named Technology Partner for MoMo Fintech Lab 2026 | /news/hubtel-technology-partner-momo-fintech-lab-2026 | Hubtel will support the MoMo Fintech Lab 2026 in Ghana as official technology partner, offering hackathons, mentorship, incubation, and a Demo Day. | 2026-08-17T15:46:45.782Z |

## Related pages

- [Research](/research)
- [Blog](/blog)

## Access and citation

- [Canonical HTML page](https://liners.com/news?page=33)
- [Markdown route index](/sitemap.md)
- [Agent access guide](/llms.txt)