Author: Anita Bosman
Istanbul: TECHz – News Desk Turkcell has announced plans to distribute a gross cash dividend of TRY 8.8 billion for the 2025 fiscal year, reinforcing its long-standing commitment to consistent shareholder returns. The proposed payout continues a streak of uninterrupted annual dividend distributions since 2016 and follows the TRY 8 billion dividend issued for the 2024 operating period. The dividend decision is underpinned by strong financial performance in 2025, with the company reporting revenues of TRY 241.5 billion, representing a 10.7% year-on-year increase. Earnings before interest, taxes, depreciation, and amortization (EBITDA) also rose significantly to TRY 104.0 billion, marking a…
Abidjan: TECHz – News Desk Site selection is currently underway in Côte d’Ivoire for the development of the country’s first technology hubs aimed at empowering women farmers with digital tools and agricultural processing skills. The initiative is designed to strengthen agribusiness capacity among women by improving productivity and enabling them to scale their operations through innovation and technology. The project is being led by the Ivorian Ministry of Women, Family and Children in collaboration with the Ministry of Digital Transition and Digitalization. Together, they plan to establish hubs that will expose women farmers to modern technologies and advanced agricultural processing…
Harare: TECHz – News Desk Hurudza AI has announced a strategic partnership with Paltech Africa to launch “The Farmers’ Bench,” an AI-powered solution aimed at transforming access to agricultural knowledge across Zimbabwe and beyond. The initiative is designed to equip farmers with real-time, data-driven insights to improve productivity and resilience in an increasingly climate-sensitive farming environment. The collaboration combines Paltech Africa’s smart, solar-powered infrastructure and edge AI hardware with Hurudza AI’s advanced multilingual agricultural intelligence. Together, the two firms are building a unified platform that delivers localized farming guidance directly to rural communities, even in areas with limited connectivity. At…
Lagos: TECHz – News Desk Nomba has shed light on the operational challenges facing cross-border payment businesses in Nigeria, highlighting structural inefficiencies that continue to impact liquidity, compliance, and overall profitability in the sector. According to the company, operators often face a complex process that begins once customers deposit naira, requiring them to independently source foreign currencies such as dollars, euros, or pounds through over-the-counter markets while transactions are already in progress. This process creates a significant liquidity strain, as capital is effectively tied up on both ends of the transaction. Funds remain idle in naira on the collection side…
Vienna: TECHz – News Desk African technology startups will receive a financing boost through a €40 million commitment from EIB Global, the development arm of the European Investment Bank (EIB), to the first Africa-focused investment vehicle from leading European venture capital firm Speedinvest. The investment strengthens EU–Africa ties, supports digital transformation, and promotes inclusive economic growth across the continent. The vehicle will back technology companies across innovation hubs, including Egypt, Morocco, Nigeria, Kenya, and South Africa, while also investing in high-potential markets such as Ghana, Côte d’Ivoire, Cameroon, the Democratic Republic of Congo, Tunisia, Tanzania, and Uganda. It is designed…
Cairo: TECHz – News Desk The Ministry of Investment and Foreign Trade held an extended meeting with representatives of the International Finance Corporation (IFC), during which the Minister, Dr. Mohamed Farid Saleh, reviewed ongoing efforts to enhance Egypt’s investment environment and strengthen international cooperation. The discussions focused on advancing a structured and data-driven investment system aimed at improving Egypt’s global competitiveness and attracting high-quality investments that support sustainable economic growth. Dr. Saleh emphasized that the ministry is working to develop a modern investment framework built on clear key performance indicators (KPIs), accurate metrics, and updated data dashboards. This approach is…
Seoul: TECHz – News Desk Ericsson and SK Telecom announced the signing of a Memorandum of Understanding (MoU) to strengthen their collaboration on mobile network technologies spanning 5G to future 6G. The agreement underscores the two companies’ shared commitment to driving innovation in next-generation connectivity. Under the agreement, the two companies will explore joint initiatives across key technology areas, including: • AI-powered Radio Access Networks (RAN) to enhance performance, security, and energy efficiency by autonomously learning, predicting, and optimizing channel conditions, as well as managing resources more efficiently. • 5G advancements to unlock new business opportunities and enable next-generation services.…
Lagos: TECHz – News Desk Luno, the Africa-founded cryptocurrency exchange, has unveiled a new structured prediction market aimed at Nigeria’s growing crypto community. The platform allows users to place forecasts on the short-term price movements of major digital assets such as Bitcoin, Ethereum, Solana, Dogecoin, and Ripple, earning USDC for correct predictions. This launch signals a shift in the Nigerian crypto landscape. Investors are increasingly seeking tools that go beyond traditional long-term holding or spot trading, favoring platforms that let them respond to market trends in a controlled, short-term framework. The system is designed with risk management in mind. It…
Tunis: TECHz – News Desk As part of its commitment to digital transformation and in perfect alignment with the international financial strategy that combines technology and finance (Fintech), Tunisie Telecom announces the official launch of Kashy, its new mobile payment application. This initiative is part of a strategic partnership with Viamobile, the first payment institution approved by the Central Bank of Tunisia in April 2021. The launch ceremony was held on Tuesday, March 17, 2026 in the presence of the Minister of Communication Technologies, Mr. Sofiene Hemissi, the Chairman and CEO of Tunisie Telecom Mr. Lassâad Ben Dhiab and the…
New York: TECHz – News Desk Mastercard announced a definitive agreement to acquire BVNK, a leader in stablecoin infrastructure, for up to $1.8 billion, including $300 million in contingent payments. The deal further expands Mastercard’s end-to-end support of digital assets and value movement across currencies, rails and regions. Technology continuously evolves how value is exchanged between people and businesses. Digital assets powered by blockchain technology have the potential to make money movement faster and smarter. While nascent today, digital currency payment use cases are rapidly scaling, reaching at least $350 billion1 in volume in 2025. With increased regulatory clarity on…