Author: Elan

MTN Nigeria’s fintech division experienced a 25.9% decline in revenue during the first nine months of 2026, despite its core mobile money business more than doubling. This contrast underscores a slow recovery in its financial services. In its financial report released on October 30, 2026, MTN revealed that fintech revenue fell to ₦97.5 billion, down from ₦131.6 billion in the same period last year. The decline mainly stemmed from the suspension of its airtime and data credit service between April and June 2026, which let customers borrow airtime or data for later repayment. The company reported that the service has…

Activision will remove real-world footage of the 2022 Seoul Halloween crowd crush from the opening cinematic of Call of Duty: Modern Warfare 4, the publisher said in a statement that also apologized to the families of the victims. The edit arrives in a game update scheduled for November 12, so the current cinematic stays in the game until then.The crowd crush happened in October 2022 during Halloween celebrations in Seoul’s Itaewon neighborhood. A surge in the narrow streets and alleys killed 160 people and left nearly 200 more injured.Modern Warfare 4 uses video from that disaster in its opening to…

Paul Biya, waves to the crowd as he leaves a polling station in Yaoundé on 11 October 1992. © François Rojon/AFP Published on October 30, 2026 at 16:00 pm (GMT +1) In early 1991, the winds of democracy were blowing through Cameroon. Paul Biya had agreed to legalise multiparty politics in December 1990, hoping to calm the protests sparked by the arrest and trial of the lawyer and opposition figure Yondo Black. The Cameroonian president was also responding to François Mitterrand’s speech at La Baule, in which the French president said French aid to Africa would take greater account of…

Madica, an Africa-focused pre-seed investment programme, has secured $6 million from Flourish Ventures to fund 25 to 30 additional startups over the next three years, extending an investment experiment aimed at proving that overlooked founders can build businesses capable of generating venture capital returns. The additional capital will expand Madica’s portfolio beyond the 18 startups it has backed since launching in 2022, as the programme seeks to establish whether patient early-stage funding combined with hands-on company-building support can help entrepreneurs in underserved markets build globally competitive businesses. Read also: Ten Nigerian startups take homegrown innovation to global investors at Asia-Pacific summit…

How can South Africa end extortion’s gunpoint rule? – African Business How can South Africa end extortion’s gunpoint rule? – African Business

Uniswap outlined on Oct. 30 how its Token Jar (TJAR) fee converter lets outside traders buy accumulated fee tokens for a fixed payment.Uniswap opened TJAR to other apps on Oct. 29, saying Robinhood already uses the system for fees collected through the Uniswap API across its supported chains and receives USDC and USDG.Those stablecoin receipts come from traders known as searchers, who exchange the required payment for fee assets held in an on-chain Token Jar. The arrangement sends the chosen token to a configured destination while leaving searchers to assess whether the assets are worth taking.A Token Jar holds incoming…

Credit Direct, the consumer lending subsidiary of FCMB Group, a Nigerian financial services group, is expanding beyond traditional lending into embedded finance as it seeks to make credit and other financial services more accessible to individuals and businesses. Victoria Arinze, product marketing lead at Credit Direct, said at Moonshot by TechCabal in Lagos that Credit Direct wants to use partnerships with businesses and merchants to bring credit closer to these transactions. Embedded finance involves integrating financial services into platforms where customers already make payments or conduct other transactions, allowing them to access services such as loans without having to approach…

Buying a bigger SSD has officially become one of my least favorite fixes for storage. The reason is simple: yesterday, I went to buy a similar SSD to one I had bought about three months ago, and was told the price had doubled. Luckily, on Windows you can shrink files in place; it doesn’t require creating ZIP archives or extracting anything. This may be the time to test it on your folders and decide if it’s an option worth considering before making a storage purchase. Related Replacing these 4 Windows apps is my favorite performance upgrade Before you shop for…

IMF data for 51 African economies show that the commodity net export price index rose in 14 of them and fell in 37 between January–February and March–May 2026. The commodity import price index rose in all 51. Photo courtesy of Rifat Rahman. By Rifat Rahman What was measured The International Monetary Fund’s Commodity Terms of Trade database (version 5.0.1, published 15 June 2026) tracks, for each country, the international prices of up to 45 commodities weighted by that country’s own trade in them. In the IMF’s words, the net index “proxies the windfall gains and losses of income associated with…

By GVCAThe Ghana Venture Capital & Private Equity Association Annual Industry Conference has always been about more than a gathering. It is a platform for conversations around capital mobilisation, entrepreneurship, investment and the future of Ghana’s economy. Across four editions, speakers and participants have explored the opportunities and challenges shaping the market. Now, the conversation continues at the 5th GVCA Annual Industry Conference.Interested in partnering with the 5th GVCA Annual Industry Conference?Contact us : info@gvca-ghana.org