Why AI adoption in Nigeria isn’t just a tech problem
Mayowa Olutuyo emphasizes that cultural resistance is the main barrier to AI adoption in Nigeria. The fear of job loss due to AI affects both employees and managers, leading to quiet resistance against new technologies.
The Real Test for Mobile Finance in Africa
Africa's youth are influencing innovation in financial services through mobile technology. Nearly 30% of adults in developing economies remain unbanked, with financial exclusion affecting women and rural populations.
What MTN’s first ₦1 trillion quarter says about the future of Nigerian telcos
MTN Nigeria reported a record revenue of ₦1.06 trillion in Q1 2025, the highest for any telecom company in a single quarter. The Nigerian Communications Commission approved a tariff increase on voice and data services for the first time in a decade.
Mobile Money Transaction Values Hit $1.68 trillion
The mobile money industry exceeded two billion registered accounts and over 500 million active monthly users for the first time in 2024. Mobile money users conducted approximately 108 billion transactions in 2024, totaling more than $1.68 trillion in value.
Africa’s $1.5 Billion Funding and Its Untapped Entrepreneurial Potential
Africa secured $1.5 billion in equity funding in 2024. Africa accounts for 5% of global GDP but 18% of the world's population.
