Telecom
Stablecoins to Revolutionise Africa’s Economic Landscape

In an era where financial empowerment is paramount, Africa is witnessing a remarkable surge in the adoption of stablecoins, poised to reshape the continent’s economic landscape. Cryptocurrency, once a buzzword, has now evolved into an indispensable force for financial innovation and inclusion. Among these digital currencies, stablecoins have emerged as a beacon of stability and accessibility, offering a number of benefits to individuals and businesses alike.
Yellow Card the fastest-growing cryptocurrency company in Africa, with a presence in over 17 countries – has seen the positive impact that stablecoins are having in digital transformation and financial inclusion.
Adoption and Scalability:
According to a report by Emurgo Africa, between 2021 and 2022, Africa experienced a staggering 1200% surge in cryptocurrency adoption. However, to better understand the significant growth, we need to unpack the contributing factors around adoption and use cases.
“If we compare crypto adoption in Africa to the West, we notice distinct differences in customer needs and use patterns. In the West, cryptocurrencies are primarily used for investment and trading, whereas in Africa, they serve as a hedge against inflation and a means for cross-border payments. Many Africans seek stability, which stablecoins undoubtedly provide,” said John Colson, CMO of Yellow Card.
Stablecoins are pegged to stable currencies and powered by blockchain technology. Various blockchains look for ways to make accessing them cheaper compared to traditional means of sending money. This mission drives the innovation behind the likes of Solana, whose network allows stablecoins to be accessed cheaper and easier for people – with low network fees and faster transaction times.
As part of its ongoing efforts to enhance accessibility and convenience in the world of cryptocurrencies, Yellow Card has added support for USDC on the Solana blockchain.
Peter Mureu, Director of Marketing at Yellow Card, expressed enthusiasm, stating, “We are excited to leverage the Solana network to bring the benefits of stablecoins and cryptocurrencies to African users. Solana’s network has played a pivotal role in driving stablecoin adoption across Africa with high transaction speeds while maintaining decentralisation through innovative approaches.”
Looking to the Future:
One of the main challenges in the industry is centred around regulatory frameworks, specific to each country, that seek to strike a balance between fostering innovation and ensuring consumer protection and financial stability. Continued conversations with regulatory bodies, government and participating in sandboxes as well as knowledge sharing are pivotal factors in creating a successful and sustainable industry.
Another notable challenge lies in the scalability and cost-effectiveness of blockchain networks, especially when it comes to handling the growing demand for stablecoins in Africa. Solana’s blockchain technology is instrumental in addressing this challenge ensuring that stablecoins can efficiently serve the needs of African customers.
Education remains an important factor in the ecosystem and Yellow Card is spearheading many initiatives to foster inclusivity to break down the barriers to understanding and access. Some of their initiatives include the free Yellow Card Academy, Brand Ambassador program, webinars and many on-the-ground events.
As Africa continues to embrace cryptocurrencies and stablecoins, innovative solutions are set to play a pivotal role in reshaping the financial landscape, fostering economic stability, and enhancing financial inclusion across the continent. Yellow Card stands poised to play a pivotal role in shaping the next chapter of Africa’s financial evolution.
Telecom
Airtel Money Africa Partners pawaPay for Seamless International Remittances Across Africa

Airtel Money Africa, Airtel Africa’s mobile money arm, announced an extended partnership with Africa’s largest mobile money payment service provider (PSP) pawaPay to enable seamless cross-border payments for licensed International Money Transfer Operators (IMTOs) across seven key Airtel Africa markets.
This collaboration officially launches pawaPay’s service for inbound remittances into Uganda, Rwanda, Zambia, Malawi, Gabon, Congo Brazzaville, and Tanzania. The partnership allows IMTOs to efficiently deliver funds globally directly to recipients’ more than 161 million Airtel Money customers wallets, leveraging pawaPay’s renowned reliability, scalability, and 99.9% platform uptime.
Building on five years of trusted collaboration in domestic mobile money, this expansion strengthens and simplifies Airtel Money Africa’s backend processes, using pawaPay’s robust payment service provider infrastructure, which processes over four million transactions daily.
Airtel Money Africa CEO, Ian Ferrao, said: “We’re pleased to expand our partnership with pawaPay to advance international remittances across Africa. Their proven reliability and commitment to African consumers make them an ideal partner. This integration empowers International Money Transfer Operators to securely connect with Airtel Money’s growing footprint, delivering real-time payments that support financial inclusion and economic growth.”
pawaPay CEO, Nikolai Barnwell, said: “Our mission is to simplify payments for businesses in Africa, and remittances are pivotal. Deepening our relationship with Airtel Money allows International Money Transfer Operators to leverage our world-class infrastructure for seamless cross-border payments.”
Remittances remain critical for millions of Africans, enabling family support, entrepreneurship, and financial inclusion. This partnership ensures secure, instant mobile wallet transactions, key to advancing Africa’s digital economy. pawaPay will extend this capability to additional Airtel Money Africa markets in coming months.
Telecom
Rubrik Joins Forces with Sophos to Reinvent M365 Recovery

Rubrik, the cybersecurity company, and Sophos, a global leader of innovative security solutions for defeating cyberattacks, have announced a strategic partnership to provide Sophos M365 Backup and Recovery Powered by Rubrik.
This marks the first Managed Detection and Response (MDR)-optimized Microsoft 365 backup and recovery solution fully integrated into Sophos Central, Sophos’ security operations platform.
Designed to support IT and cybersecurity teams, the new offering will provide a unified global platform to enhance cyber resilience against ransomware, account compromise, insider threats, and data loss in SharePoint, Exchange, OneDrive, and Teams.
“We are reshaping what it means to stay operational in a world shaped by constant digital disruption,” said Joe Levy, CEO, Sophos. “This is the future of cyber resilience: an intelligent, adaptive partnership that ensures organizations remain secure, responsive, and uninterrupted. By combining Sophos’ prevention-first approach with Rubrik’s unwavering recovery capabilities, we empower businesses to withstand attacks and maintain continuity, even under pressure.”
Sophos will offer a powerful new add-on solution for its more than 75,000 MDR and XDR customers, enabling fast, secure recovery of critical Microsoft 365 data in the event of accidental deletion or malicious compromise.
This solution integrates Rubrik’s industry-leading SaaS-based protection directly into the trusted Sophos Central platform, giving organizations the flexibility to enhance their existing security operations with robust data recovery capabilities.
The Sophos Central platform integrates over 350 different telemetry sources across endpoint, cloud, network, identity, email and business applications. The platform leverages deep learning, custom LLMs, and frontier models to detect and respond to threats across the entire attack surface, enhancing defense effectiveness.
“The reality of today’s threat landscape demands a holistic approach to cyber resilience,” said Bipul Sinha, CEO, Chairman, and Co-founder of Rubrik. “With AI-enabled attacks and sophisticated breaches on the rise, organizations need more than just prevention; they need the ability to recover rapidly and reliably. Our partnership with Sophos delivers this critical capability directly within a platform security teams already use and trust, raising the bar for Microsoft 365 resilience.”
The Evolving Threat Landscape
According to The State of Ransomware report by Sophos, nearly half of organizations impacted by ransomware chose to pay the ransom to recover their data. Despite this, only 54% of affected companies relied on backups for data restoration, highlighting a continued gap in effective cyber resilience practices.
Recent research highlights the urgent need for robust Microsoft 365 data protection: 60% of Microsoft 365 tenants have experienced account takeovers, a frequent launchpad for lateral movement within an organization, and 81% have encountered email compromise.
When global admin credentials are compromised, attackers can manipulate retention settings and permanently delete critical business data.
Existing tools were not designed for comprehensive, large-scale recovery, which requires speed, granularity, and reliability for rapid restoration.
Sophos MDR and XDR customers will benefit from:
- Secure, immutable backups: Rubrik will isolate Microsoft 365 backups with air-gapped storage, WORM locks, and customer-held encryption keys. Multifactor authentication and data lock prevent tampering, even with compromised credentials.
- Fast, flexible recovery: Customers will be able to restore Microsoft 365 emails, OneDrives, SharePoint sites, Teams channels, and more to original or alternate users, including inactive accounts.
- Automated protection: Rubrik will automatically discover Microsoft 365 users, sites, and mailboxes, applies Entra ID-based policies, and supports delegated admin – all integrated with Sophos Central to reduce manual effort.
- Unified experience: Microsoft 365 protection and security operations will be managed via Sophos Central with no extra tools.
Rubrik and Sophos’ shared commitment to helping organizations operate with confidence in the face of risk, will provide Sophos customers and partners with a powerful solution to recover with speed and precision when threats inevitably break through.
This offering will be available through Sophos’ channel partner network in the coming months.
Telecom
MTN Nigeria Rolls Out Network-as-a-Service and Signs First MVNO to Drive Industry Efficiency

MTN Nigeria is deepening its role as an industry enabler with the launch of its Network-as-a-Service (NaaS) platform and the signing of its first Mobile Virtual Network Operator (MVNO) agreement, Chief Financial Officer Modupe Kadri revealed on Monday.
Speaking in an exclusive Channels TV interview, Kadri confirmed that MTN has opened its network to T2 (formerly 9Mobile) under the NaaS framework approved by the Nigerian Communications Commission (NCC). This allows T2 subscribers to roam seamlessly on MTN’s infrastructure while retaining their own customer relationships and branding.
“Network-as-a-Service is a platform where MNOs can roam within the NCC framework on MTN’s network,” Kadri explained. “It makes the industry more efficient in the utilisation of scarce resources.”
Kadri also announced MTN’s first MVNO partnership, with the virtual operator set to go live soon. MVNOs lease network capacity from established mobile operators, enabling them to offer services without investing in costly infrastructure.
These initiatives align with NCC’s push for infrastructure sharing to boost sector efficiency and coverage. By providing network access to smaller players, MTN is positioning itself as a critical enabler of market expansion.
The Nigerian telecom industry, valued at $10.8 billion, now reaches 169 million active phone lines and over 142 million internet subscribers. While competition remains intense, the trend toward infrastructure sharing is expected to lower barriers to entry for new service providers, increase service quality, and expand access in underserved areas.
“As MTN, we are here to help the industry survive,” Kadri said. “It makes it much easier when you see other operators willing to come on and provide quality services to Nigerians, which we all deserve.”
Industry analysts view the move as a strategic diversification for MTN. With voice revenues plateauing and data driving growth, shared network models offer new revenue streams and a hedge against market saturation.
MTN’s investments in NaaS and MVNO partnerships are part of its broader transformation strategy, which also includes cost optimisation, forex risk reduction, and targeted capital expenditure to strengthen network quality.
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