Happy pre-TGIF. ☀️Fido, an Accra-based fintech, has secured a $200,000 grant from the United Nations Capital Development Fund (UNCDF) to expand its digital lending, savings, and financial literacy products for women- and youth-led small businesses in Ghana. The programme is expected to help businesses access up to $1 million in loans and savings. Meanwhile, Power Brunch: Nigeria Data Sovereignty Future is happening today.TechCabal Insights is convening senior leaders across compliance, risk, technology, infrastructure, cloud, data, cybersecurity, operations, transformation, and payments, alongside CEOs and other senior decision-makers from banks, fintechs, PSPs, and related businesses.If you joined the waitlist and received an RSVP confirmation, you’re confirmed to attend. Still interested? You can join the waitlist, and we’ll reach out if a spot opens up.Let’s get into today’s dispatch.
MTN Nigeria crosses 100 million subscribers
Image Source: Tenor
MTN Nigeria has joined the 100 million club—the only Nigerian telecom company to do so.
What happened? The operator ended July with 100.86 million subscribers, according to the Nigerian Communications Commission (NCC), the country’s telecom regulator, crossing a milestone that no Nigerian telecom company has reached before. MTN added more than 2.2 million subscribers in a single month, its biggest monthly increase since November 2024.
