July 27, 2025

Blog Post

Ghana to License Cryptocurrency Firms by September 2025, Aiming to Boost Revenue and Financial Oversight

ACCRA, Ghana – July 25, 2025 – The Bank of Ghana (BoG) has announced plans to introduce a regulatory framework to license cryptocurrency platforms by September 2025, a move designed to capture revenue, enhance oversight, and integrate digital assets into the nation’s financial system. With approximately 3 million Ghanaians—17.3% of the adult population—using cryptocurrencies, the […]

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World Bank: High Mobile Data Costs Stall Digital Progress in Sub-Saharan Africa

NAIROBI, Kenya – July 25, 2025 – Sub-Saharan Africa continues to face the world’s highest mobile data costs, severely hindering digital inclusion and economic growth, according to the World Bank’s Global Findex Database 2025: Connectivity and Financial Inclusion in the Digital Economy report, released on July 16, 2025. The report highlights that residents of the […]

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MTN Uganda Shareholders Approve MoMo Separation, Advancing MTN Group’s Ambition 2025 Strategy

KAMPALA, Uganda – July 25, 2025 – MTN Uganda has secured near-unanimous shareholder approval to structurally separate its mobile money business, MTN Mobile Money (U) Limited (MTN MoMo), from its core telecommunications operations, marking a pivotal step in MTN Group’s Ambition 2025 strategy to lead digital solutions across Africa. The decision, passed with 99.9% support […]

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Safaricom Integrates PayPal Withdrawals into M-Pesa App and Advances Smart Water Management Solutions in Kenya

NAIROBI, Kenya – July 25, 2025 – Safaricom, Kenya’s leading telecommunications and mobile money provider, has launched direct PayPal withdrawals through its M-Pesa super app, a significant upgrade aimed at supporting the country’s burgeoning digital economy. Simultaneously, the company is making strides in smart water management, partnering with local innovators to deploy IoT-based solutions to […]

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