Delta40 secures $20m to boost start-ups in Africa

The problem is so severe that the Nigerian Communications Commission and the Nigeria Security and Civil Defence Corps are collaborating to secure fibre optic cables.

The regulator says the sector's growth is being driven by more regulatory monitoring, higher compliance requirements, and expanding demand for trust-based digital services.

The federal government is advancing nationwide fibre-optic rollout while also seeking to acquire two new communication satellites.

The Central Bank has upgraded the operating licenses of many prominent fintech and microfinance institutions, including OPay, Moniepoint, and Kuda Bank, granting them national status.

The telco recorded 9,218 fibre cut incidents and vandalism at 211 telecom sites in 2025.

The youths would be trained biannually using Cisco's globally approved curricula in networking, cybersecurity, digital literacy, and emerging technologies.

Five years after its acquisition by Stripe, Paystack has formed a new holding company, The Stack Group, bringing together its payments, consumer, banking and venture units as the African fintech positions itself for faster expansion beyond merchant services

The regulator is gathering information to guide decisions on spectrum management, coexistence with terrestrial networks, licensing models, competition, consumer protection, security, and investment incentives.

The fintech company has acquired Ladder Microfinance Bank to launch Paystack MFB, a strategic shift that turns Africa’s leading payments platform into a full-stack financial partner for businesses.

Nigerian minister of communications stated that they have built a strong relationship with the Nordic region over the past year.

The collaboration will focus on key issues like data privacy, artificial intelligence, capacity building, and cybersecurity.

The company’s product portfolio includes surveillance drones, ground-based robotic systems, and fixed monitoring towers deployed around sensitive locations.