Malawi Law Society demanded two top officials lose their jobs after violent attacks hit peaceful protesters Thursday. The legal group wants Minister of Homeland Security Ezekiel Ching'oma and Police Chief Merlyne Yolamu fired immediately. Armed attackers with machetes struck demonstrators as police officers watched without helping. The lawyers said both officials failed their constitutional duties to protect citizens. Video evidence shows security forces standing aside during the brutal assault.
The attacks happened during a march organized by Citizens for Credible Elections movement in Lilongwe. Protesters had gathered to demand changes at the election commission before September 2025 voting. Sylvester Namiwa led the demonstration and...
The Public Affairs Committee strongly criticized the Malawi Congress Party after violent attacks struck peaceful protesters Thursday in Lilongwe. Bishop Patrick Thawale and Bishop Gilford Emmanuel Matonga signed a statement condemning the violence. The religious leaders also blamed police and military forces for failing to stop attackers who carried machetes. PAC officials questioned whether the ruling party paid for the violence against demonstrators. They noted that police would have made quick arrests if opposition members had attacked government supporters.
The violence contradicts promises made during a May conference in Blantyre. Inspector General Merlyn Yolamu had pledged to protect peaceful demonstrations at that meeting. PAC...
AXIAN Telecom sold bonds worth 600 million dollars to investors around the world. The African telecommunications company completed the sale on June 25. The bonds will mature in 2030 and pay interest at 7.25 percent each year. Investors wanted three times more bonds than the company offered. This shows strong confidence in African businesses.
The company first suggested interest rates near 7.875 percent. Strong demand from investors helped lower the final rate to 7.25 percent. Major banks like J.P. Morgan and Standard Bank helped arrange the sale. Law firms Latham & Watkins and White & Case provided legal advice. The deal attracted money from pension funds and other large investors.
AXIAN Telecom will use the money to pay off older...
Nigeria's financial technology companies continue leading the country's economic growth. These digital businesses help more people access money and banking services. Companies use new computer systems to process payments faster. African technology funding fell 53.5 percent last year according to research reports. Nigerian fintech firms stayed strong during these difficult times.
Digital payment companies have created over 400 lending businesses. These lenders give money to small businesses and people who cannot use traditional banks. Buy Later Pay Later services will grow to $2.61 billion over the next six years. Mobile phone banking has become very popular across Nigeria. Workers receive paychecks through automated computer systems...
4Sight Holdings Ltd shared its yearly business report covering February 2025 results. The technology company earned more than R1 billion and raised profits after taxes 20.4 percent. The firm moved from the AltX exchange to the JSE Main Board earlier this year. Company leaders focus on artificial intelligence that works without human help. The business serves companies and governments across Africa.
The 4Sight Africa division helps African governments create better digital services for citizens. This group leads the Citizen 360 program that makes government websites easier to use. Most of the division's ownership belongs to Black South Africans with young leaders running operations. The team works on South Africa's One Government, One...
Lesaka Technologies Inc. plans to buy Bank Zero Mutual Bank completely. The Southern African fintech company will pay with new stock shares and cash up to 91 million rand. Bank Zero owners will receive 12 percent of Lesaka shares when the deal closes. The purchase helps Lesaka offer complete banking services to customers across the region. Regulators must approve the transaction before it becomes final.
Bank Zero started operations in 2018 as a digital bank with no fees. The company serves more than 40,000 customers through mobile apps. Deposits at the bank total over 400 million rand as of April 2025. Bank Zero focuses on transparency and low costs for account holders. The bank operates without traditional branch locations.
Michael...
Airtel Malawi faces repeated attacks on its fiber optic cables across the country. Vandals damaged network equipment on Tuesday and caused service disruptions for customers. The telecommunications company reports that criminals target its infrastructure multiple times each month. These deliberate cuts affect internet access for students, families and businesses throughout Malawi. Company officials describe the vandalism as attacks against all citizens who depend on digital services.
The network damage hurts people trying to learn online and conduct business operations. Students lose access to educational resources when cables get destroyed. Families cannot stay connected with relatives living far away. Small businesses struggle to...
Two Nigerian technology agencies have joined forces to improve computer education across Benue State. The Benue Digital Infrastructure Company and the National Information Technology Development Agency signed their partnership agreement at government offices in Abuja. Gbande Hembaor Terwase leads BDIC as managing director and chief executive officer. Sarafa Lawal serves as acting director general and chief executive officer for NITDA. Both men put their signatures on the formal agreement document.
The partnership creates a plan for building better digital learning systems throughout the state. Agency leaders will meet regularly to discuss new technology trends and community problems. They promised to share important information about...
Contact Financial Holding formed a partnership with noon Payments to improve digital money services across Egypt. The deal connects Contact's ContactNow app with noon's payment system. Both companies want to make buying and paying easier for Egyptian customers. Contact leads Egypt's non-bank financial services market. The partnership will help more people access digital payment options.
The agreement lets noon merchants offer Contact financing services to their customers. Shoppers can buy items and pay later through the ContactNow mobile app. Contact customers can also pay bills and subscriptions using noon's payment methods. The system gives people more ways to complete purchases online. Merchants gain access to Contact's payment...
Trending content
-
Q
-
-
-
