Author: Akin Naphtal

Bankit Microfinance Bank has transitioned to WayvePay, introducing a new brand identity as part of its strategy to build a smarter, faster, more secure and accessible digital banking and payments platform for Nigerians. The transition, which takes effect on September 18, 2026, goes beyond a change in name and visual identity. Under the new positioning, “WayvePay — Banking & Beyond,” the platform is expanding on Bankit’s existing foundation with enhanced technology, improved functionality and additional services for banking, payments, savings and money management. Speaking on the transition, the Head of Corporate Communications and Marketing, Kingsley Ezenwa, said the new identity…

Internet Technologies Angola S.A. (ITA) showcased its OneWeb satellite connectivity solution at the Angola Oil & Gas 2026 conference held from September 9 to 10, highlighting how satellite technology can provide reliable communications in areas with limited terrestrial network coverage. The solution uses low Earth orbit (LEO) satellites to deliver faster and more resilient connectivity, particularly for industries operating in remote locations where traditional telecommunications infrastructure may not provide adequate coverage. For the oil and gas industry, OneWeb connectivity can support remote facilities, communication between field teams, operational monitoring and critical systems that require continuous data transmission. The solution can…

Ericsson has introduced NetCloud Private, a new offering designed to give organisations greater control over the deployment and management of Ericsson Wireless WAN infrastructure within their own environments. The solution is aimed at government agencies, critical infrastructure operators and other regulated organisations that depend on 5G and wireless networks for essential operations. It allows customers to centrally manage Ericsson Cradlepoint devices while keeping network-management and telemetry data within their own environment. The launch comes as organisations face growing requirements around digital sovereignty, data protection and local data governance. Gartner predicts that more than 50% of multinational organisations will have a…

Old Mutual, a Financial services group is positioning itself to expand its presence in South Africa’s fibre and digital infrastructure market through its African Infrastructure Investment Managers (AIIM) fund. AIIM, which has built a significant portfolio of telecommunications assets, is assessing a potential merger between its fibre businesses Octotel and MetroFibre. The combination could create a larger fibre infrastructure company capable of competing more directly with established operators such as Vumatel and Openserve. Octotel and MetroFibre have separately confirmed that discussions around a potential merger are being assessed. AIIM currently owns 100% of Octotel and holds a 37% stake in MetroFibre,…

Aeon, a Nigerian cybersecurity startup, has raised $1 million in a pre-seed funding round led by defence-tech company Terra Industries. Resilience 17, the venture fund founded by Flutterwave co-founder and CEO Olugbenga Agboola, along with Kaleo, DFS Labs, Ajim Capital, and Seedstars, also participated in the round. Aeon plans to use the funding to advance its cybersecurity products, strengthen business development and convert existing pilot programmes with financial services and cloud infrastructure companies into commercial deployments. The funding comes as businesses and governments across Africa face increasing cybersecurity risks. INTERPOL estimated that cyber incidents across the continent resulted in more…

Mastercard and Trip.com have partnered to demonstrate how AI-powered and agentic commerce technologies could transform the way consumers search for, book and pay for travel services. The initiative is powered by Mastercard’s Agent Suite for Merchants and developed in partnership with Network International. It demonstrates how travelers can use Trip.com’s AI agent, TripGenie, to discover travel options, make bookings and complete purchases through an integrated digital experience. As consumers increasingly use AI assistants to discover products, compare choices and make purchasing decisions, Mastercard’s Agent Suite for Merchants is designed to help businesses integrate agent-powered shopping experiences into their existing e-commerce…

The Nigeria Data Protection Commission (NDPC) has inaugurated and inducted members of its Anti-Corruption and Transparency Unit (ACTU) as part of efforts to strengthen accountability and transparency within the Commission. The National Commissioner/CEO of the NDPC, Dr Vincent Olatunji, delivered the opening remarks at the ceremony held at the Commission’s headquarters in Abuja. He emphasised that public service is a position of trust and urged public servants to uphold honesty, accountability and transparency in carrying out their official responsibilities. Dr Olatunji highlighted the importance of transparency in preventing corrupt practices, noting that the NDPC has measures in place to promote…

MTN MoMo Zambia has partnered with FNB Zambia to introduce an ATM Cash Out service, allowing MoMo customers to withdraw money directly from their mobile wallets at FNB ATMs without needing a bank card or an FNB bank account. The new service builds on the existing partnership between the two companies, which already allows customers to transfer funds between MTN MoMo wallets and FNB bank accounts, as well as make MoMo payments through FNB point-of-sale terminals. The companies said the ATM service is designed to strengthen the connection between mobile money and traditional banking while giving customers greater flexibility in…

Kitsoft, an international GovTech company with Ukrainian roots, has entered into a Memorandum of Understanding (MoU) with the Smart Africa Secretariat to strengthen cooperation around the digital transformation of Africa’s public sector. The partnership will centre on three major areas: Digital Public Infrastructure (DPI), e-governance and artificial intelligence. Through the collaboration, Kitsoft and Smart Africa will share practical knowledge and experience in digital government, organise joint expert and training programmes, and explore opportunities to develop digital public services using low-code technologies. Smart Africa is an alliance comprising 42 African countries focused on accelerating digital transformation across the continent and supporting…

SNB Group and Mastercard have expanded their strategic partnership to strengthen digital commerce and payment capabilities for merchants across Saudi Arabia. As part of the expanded collaboration, SNB will continue using Mastercard Gateway under Mastercard Merchant Solutions, a unified global payments platform that gives businesses access to a broad range of technologies and services through a single integration point. The partnership is expected to enable SNB to provide merchants with secure, seamless and scalable payment solutions while helping businesses respond to changing consumer preferences and grow their digital operations. The collaboration combines SNB’s established position in the Saudi financial market…