techpoint.africa news headlines
Non-profit Accion launches $152.5 million fund to support financial institutions in Africa
Accion, a non-profit organisation, has announced launching the Accion Digital Transformation Fund, a $152.5 million investment, to back companies serving micro, small, and medium enterprises (MSMEs) across Africa, South and Southeast Asia, and Latin
MTN Group service revenue plunges 18.8% in Q1 2024, fintech revenue up 11.4%
MTN Group has reported an 18.8% fall in Q1 service revenue compared to Q1 2023. The decline in service revenue was contributed by MTN Nigeria's 52.8% decline, while South Africa grew marginally by 3%. However, its fintech revenue was up by 11.4%.
d.light gets $3.4 million to provide solar home systems to refugees in Uganda
Three months after securing $7.4 million in securitised financing, d.light has announced that it will provide 10,000 subsidised solar home systems to Ugandan refugees through a $3.4 million grant.
Teaching AI in Hausa language
Today on Techpoint Digest, we discuss Google's plans to teach AI in Hausa, the fastest growing startups in Nigeria, and Nigeria's fibre optic expansion project
Google's Hausa-speaking AI teacher aims to enhance the learning experience for students in Kaduna
Google has partnered with the Kaduna State Government to teach students how to use AI tools in Hausa. However, Kaduna has a bigger dream of becoming a tech hub, a dream AI might not be able to solve.
Bamboo launches Nigerian stocks to help Nigerians diversify portfolio
Bamboo has launched Nigerian stocks on its platform. Users can now invest in Nigeria companies like Access Holdings, MTN Nigeria Communications, Dangote Cement, and Nestle Nigeria.
d.light gets $3.4 million to provide solar home systems to refugees in Uganda
Three months after securing $7.4 million in securitised financing, d.light has announced that it will provide 10,000 subsidised solar home systems to Ugandan refugees through a $3.4 million grant.
Zimbabwe mulls return of mobile money services after currency woes
Zimbabwe is considering allowing mobile money agents to resume operations after blaming them for the collapse of the Zimbabwean dollar in 2020.
Tanzania's central bank bans unlicensed loan apps with new directive
The Bank of Tanzania (BOT), the East African country's central bank, has directed all unlicensed digital lenders to halt operations immediately.