Bank-Backed Fintech in Nigeria Hit ₦7.91 Billion Profit in 2025: HabariPay Leads with Cost Efficiency Bank-Backed Fintech in Nigeria Hit ₦7.91 Billion Profit in 2025: HabariPay Leads with Cost Efficiency Nigeria’s bank-backed fintech subsidiaries are showing unprecedented maturity in 2025, collectively posting a combined ₦7.91 billion ($5.43 million) in net profit for the first nine months their strongest performance since banks entered the fintech race. Led by Guaranty Trust Holding Company Plc’s HabariPay with a staggering ₦6.54 billion profit, the trio of HabariPay (GTCO), Hydrogen (Access Holdings), and Zest (Stanbic IBTC) flipped from losses to dominance, driven by cost control, surging…
Author: FinTech Today
Africa at the center: What the G20 Leaders’ Declaration tells us about AI, data and global partnerships G20 Johannesburg Summit 2025: Historic First on African Soil Pushes AI for Africa and Global Tech Equity By Ndefo Onyekachukwu | November 25, 2025 The Group of Twenty (G20), representing 85% of global GDP and two-thirds of the world’s population, wrapped up its 2025 summit in Johannesburg on November 23 – the first time the forum convened on African soil under South Africa’s presidency. Themed “Solidarity, Equality, Sustainability,” the event marked a pivotal moment for the continent, with leaders endorsing the AI for…
AI Boom Fuels $120 Billion Tech Debt Surge in 2025: Alphabet, Meta, and Amazon Lead the Charge By Ndefo Onyekachukwu | November 25, 2025 The artificial intelligence revolution is rewriting not just code, but corporate balance sheets. In 2025, Big Tech has issued nearly $120 billion in debt to fund the explosive growth of AI infrastructure – a 300%+ jump from typical annual loads, with hyperscale’s like Alphabet, Meta, Amazon, and Oracle alone borrowing over $90 billion in the last two months. This borrowing frenzy – dubbed the “AI debt wave” – is powering data centers and chip fabs, but…
Next Wave: Safaricom’s $310 Million Debt Raise – Kenya’s Telecom Giant Bets Big on 5G and Ethiopia Expansion By Ndefo Onyekachukwu | November 24, 2025 Kenya’s telecom powerhouse Safaricom has secured a landmark approval from the Capital Markets Authority (CMA) to raise up to KES 40 billion (~$310 million) through a Medium-Term Note (MTN) program – marking the largest corporate debt issuance in Kenyan history. Announced on November 20, 2025, the program allows flexible issuance of notes, including green, social, and sustainability bonds, to fund critical infrastructure upgrades in Kenya and its Ethiopian operations. Coming off a strong half-year to…
5 interesting ways to transfer files from Android to iPhone Not long ago, I tried to send a single photo from my Android phone to a friend who uses an iPhone. Nothing fancy—just one image that should have taken five seconds to share. Instead, it became an unexpected mini-adventure through settings menus, file-sharing apps, and confusing options that all seemed determined not to cooperate. What should have been a quick task turned into a long search for a method that both devices agreed on. Android’s sharing options didn’t line up with iPhone’s limitations. Some apps required accounts, others compressed the…
5 Interesting Ways to Transfer Files from Android to iPhone in 2025 – Step-by-Step (With Images) Switching from Android to iPhone? The biggest headache is always moving your photos, videos, contacts, WhatsApp chats, and documents without losing anything. Apple’s Move to iOS app is the official method, but it’s slow and needs both phones to be fresh (or factory reset). In 2025, there are faster, smarter, and more interesting ways — some you’ve probably never tried. Here are the 5 best methods. 1. WhatsApp’s Built-in QR Code Transfer (Fastest for Chats + Media)Best for: WhatsApp chats, photos, videos, voice notes…
Bridging Africa’s Digital Divide: GSMA’s Push for Affordable Smartphones and Inclusive Connectivity in 2025 Across Africa, an estimated 600 million people live within reach of 3G or 4G networks but have never gone online. The culprit, according to Angela Wamola, Head of GSMA Africa, isn’t poor coverage or flawed policies—it’s the stark reality that smartphones remain prohibitively expensive for the average African consumer. In a bold response, the GSMA launched a continent-wide initiative last month at MWC Kigali 2025, partnering with operators and manufacturers to deliver entry-level 4G smartphones priced between $30 and $40—a price point that could spark one…