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FAAC allocations to FG, States, LGs jump to N2.25trn
BusinessDay Nigeria Jun 16, 2026

FAAC allocations to FG, States, LGs jump to N2.25trn

…as gross revenue soars by 34.7% The total sum disbursed to the federal, state, and local governments from the federation read more FAAC allocations to FG, States, LGs jump to N2.25trn ...
Capital Ethiopia Jun 16, 2026

When Africa hosts the world: Ethiopiaโ€™s COP32 and the partnership shaping it

When Ethiopia secured the unanimous endorsement of the African Group of Negotiators to host the 32nd UN Climate Change Conference in 2027, it was more than a diplomatic win; it was a statement about where the country, and arguably the continent, now stands. For Ethiopia, the decision signals credibi...
TechAfrica News Jun 16, 2026

Censys and EVAD Partner to Expand Internet Intelligence Capabilities Across Middle East and Africa

Censys,  the authority for Internet intelligence and insights, announced a partnership with EVAD  to expand availability of the Censys Platform across the Middle East and .........
TechAfrica News Jun 16, 2026

Hisense Expands Regional Presence with New Middle East and Africa Hub in Dubai Internet City

Hisense,  a leading brand in global consumer electronics and home appliances, inaugurated its new Middle East & Africa regional headquarters in Building 13, Dubai Internet .........
TechAfrica News Jun 16, 2026

DMCC and Tether Sign MoU to Advance Blockchain, Tokenisation and Digital Asset Ecosystem in Dubai

DMCC,  the leading international business district that drives the flow of global trade through Dubai, has signed a strategic Memorandum of Understanding (MoU) with Tether,  .........
TechAfrica News Jun 16, 2026

UAE Central Bank and Kosovo Central Bank Sign MoU to Strengthen Financial Cooperation

His Excellency Khaled Mohamed Balama, Governor of the Central Bank of the UAE (CBUAE),  and His Excellency Dr. Ahmet Ismaili, Governor of the Central Bank .........
TechAfrica News Jun 16, 2026

IMTIAZ Launches Safer, Faster Online Checkout Experience Using Mastercard Technology

IMTIAZ,  the commercial brand of Bahrain Commercial Facilities Company (BCFC)  has announced the launch of Mastercard  Click to Pay in the Kingdom of Bahrain, making .........
TechAfrica News Jun 16, 2026

Asiacell Becomes First Iraqi Telecom to Deploy IPv6 Dual Stack Technology

Asiacell Communications PJSC  has announced that it has become the first telecommunications company in Iraq to successfully deploy โ€œIPv6 Dual Stackโ€ technology, following supervision and .........
TechAfrica News Jun 16, 2026

MTN Capital Markets Day Highlights Africaโ€™s Economic and Digital Transformation Agenda

MTN โ€™s Capital Markets Day opened its second day with a high-level Ministerial Breakfast bringing together leading African policymakers, regulators, and financial authorities to discuss the .........
TechAfrica News Jun 16, 2026

Nigeria Unveils Plans for Nationwide Digital Addressing System to Boost Services and Security

The Minister of Communications, Innovation and Digital Economy,  Dr. โ€˜Bosun Tijani, has highlighted the National Digital Alphanumeric Postcode System as a key component of Nigeriaโ€™s .........
TechAfrica News Jun 16, 2026

PawaPay Reaches Three Billion Mobile Money Transactions Through Single API Platform

PawaPay , a leading pan-African payments aggregator, has processed three billion successful mobile money transactions through its platform – a milestone that reflects growing demand from .........
TechAfrica News Jun 16, 2026

Equinix Expands Cisco and Nvidia Partnership to Accelerate AI Production Deployments

Equinix  has expanded its collaboration with Cisco  and Nvidia  to accelerate the shift of artificial intelligence deployments from early-stage pilots into full enterprise production. The .........
TechAfrica News Jun 16, 2026

Ericsson Begins New Leadership Era with Appointment of Per Narvinger as CEO

Ericsson  announces that Per Narvinger has been appointed President and CEO by the Board of Directors as Bรถrje Ekholm has decided to step down as .........
TechAfrica News Jun 16, 2026

Flutterwave Secures Strategic Investment from Ripple in $3.2 Billion Series E Round

Flutterwave,  Africa’s leading payments infrastructure company, today announces a strategic investment from Ripple,  the leading provider of blockchain-based enterprise solutions for traditional and digital finance. .........
Capital Ethiopia Jun 16, 2026

United Capital, the First Foreign Investment Bank in Ethiopia, Acquires 5% Stake in NGX

United Capital Group, which recently made history by entering Ethiopia’s financial sector as the country’s first foreign investment bank, has announced the acquisition of a 5 percent equity stake in the Nigerian Exchange Group (NGX Plc), a leading institution at the heart of Nigeria&#821...
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