MTN’s $2.2B IHS Towers acquisition consumes 60% of its fintech war chest. BETAR analyses the balance sheet impact, dividend risk, and what it means for MoMo’s…
MTN Spent Its War Chest on Towers. Now What?
Browsing Category
Business
44 posts
Nigeria Bank Recapitalisation: Who Made the Cut, Who Merged, and What Comes Next — CBN Deadline 2026
The CBN’s 31 March 2026 bank recapitalisation deadline arrives with most of Nigeria’s banking sector compliant — and three banks still under regulatory intervention. BETAR tracks who raised, who merged, and what the concentration trade-off means for Nigerian credit.
Europe’s New Bet on Africa: EIB Backs €200M Speedinvest Africa Fund
When the European Investment Bank committed €40 million to Speedinvest’s new Africa-focused venture fund in mid-March, it did not make it onto the front…
Paystack Acquires Ladder MFB + CBN N250M Fine: Two Chapters of the Same Regulatory Story
Paystack was fined N250 million for operating Zap without a banking licence in April 2025. Eight months later it acquired Ladder Microfinance Bank. The timeline is not a coincidence — it is a strategy.
One Licence, Two Markets: What the Kenya-Rwanda Payment Passporting Deal Means for East African Fintech
Kenya and Rwanda signed the Kigali Declaration on Fintech Licence Passporting on 11 March 2026. We break down which payment firms benefit, who is left out, and what this means for East African financial integration.
Nigeria Fintech Compliance Cost Stack 2026: What the CBN Regulation Wave Is Doing to Unit Economics
In the first 90 days of 2026, the Central Bank of Nigeria issued four compliance mandates that, taken together, represent the most significant regulatory…
Airtel Africa FY2025: The Telecoms Rival MTN Coverage Missed
Airtel Africa posted $4.955 billion in FY2025 revenue and swung to a $328 million profit. Its mobile money arm generates 21% of group revenue — five times MoMo’s share at MTN. Here’s why that gap matters.
Africa Venture Debt 2026: The Private Credit Wave Backing Startups the VCs Stopped Funding
Africa’s startup financing has quietly restructured itself. Debt’s share of total deal volume rose from nine percent in early 2025 to 23 percent by early…
MTN Group FY2025: West Africa Takes the Crown as Revenue Climbs 23%
MTN Group reports R218.5 billion in service revenue for 2025, up 23%. Nigeria overtakes South Africa as top revenue hub for the first time. West Africa ARPU and data penetration drive the shift.
Q1 2026 Africa Investment Debrief: DFI Dominance, Gulf Capital Surge & Investor League Table
The investor league table for Q1 2026 reads unlike anything in recent memory. The entity that deployed the most capital into African companies in the…