Nigeria, Somalia sign data protection deal
The deal focusses on partnership to enhance data security systems, raise public awareness, and strengthen institutional capacity for data governance.
1:20
Regulator grants Starlink license in Somalia
The Somali regulator says Starlink’s entry in the East Africa country will enhance internet coverage and significantly improve digital inclusion nationwide.
2:00
Somalia debuts national instant payment system
The Somali Instant Payment System is backed by the Central Bank and operates on Banking Payments Commerce's SmartVista platform.
1:00
UNICEF digitises to tackle theft of food aid
The United Nations’ agency is embracing security technology to curb theft of food meant for refugees in Somalia.
1:50
Paymentology partners Salaam Bank’s Waafi mobile app
Paymentology's cloud-first card issuing and analytics platform enables Waafi by Salaam Bank to introduce digital and physical cards in Somalia.
1:00
Somali Hafide fintech joins UNDP's Timbuktoo accelerator
Somaliland startup was chosen from over 800 applicants to participate in the famed Timbuktoo Fintech Accelerator program in Lagos.
1:10
Somali Bank partners Visa to introduce debit, prepaid cards
This collaboration aims to increase the speed, efficiency, and security of digital payments in Somalia, making transactions easier.
1:30
MasterCard to onboard 100k Somalis into digital economy
The tech company says this supports its commitment to work with financial institutions to bring more people into the digital economy.
2:30
Hormuud Telecom secures Somalia’s first spectrum licence
Authorities said with various spectrum bands already in use across the country, licences will be issued upon application and not by auction.
4:20
New pan-African datacentre firm announces US$500m-plus investment
Newly established WIOCC Group company Open Access Data Centres charts growth course, beginning with Nigeria, South Africa and Somalia.
3:00
Hormuud Telecom announces plan to expand 4G network
Company will focus on rural areas and is aiming for nationwide coverage by 2023.
2:20
Hormuud Telecom launches Somalia’s first mobile money application
WAAFI Fintech app launches as telco expands digital infrastructure across the country.
3:00
Hormuud Telecom secures Somalia’s first ever mobile money licence
Telco’s mobile money platform EVC Plus now regulated and financially backed by the Central Bank.