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In partnership with Lire en Français اقرأ هذا باللغة العربية Happy midweek. Let’s dive in. Become smarter about tech and commerce in Francophone Africa, and the policies shaping them. Read our newsletter here first or subscribe below. Subscribe PalmPay eyes Hong Kong listing Canal+ back fintech Moment in latest round Nigeria’s Globacom records highest Internet users in May Kenya caps carbon credit exports World Wide Web 3 Opportunities Fintech Nigeria-focused fintech PalmPay mulls public listing in Hong Kong Image Source: PalmPay OPay and PalmPay. Two Chinese-backed fintech apps with a presence in Nigeria. Both of them play in the mobile money space. One of them green, the other purple. Both of them want to go public; OPay is targeting the United States in a $4 billion listing, announced in May, and now, PalmPay is heading to Hong Kong, Bloomberg reported. The more interesting part is that Chinese investors may now have an exit pipeline for Africa-focused tech companies—and rather unsurprisingly, it’s not on African stock exchanges. According to Bloomberg, PalmPay, a profitable fintech, is discussing a funding round that could raise about $200 million and value the company at over $1 billion. The company is also preparing for a potential Hong Kong listing, though the plans are still under discussion. Explain like I’m new here: PalmPay launched in Nigeria in 2019 with backing from Chinese smartphone manufacturer Transsion Holdings and semiconductor giant MediaTek, and most recently expanded into South Africa, Côte d’Ivoire, Uganda, and Tanzania. Transsion owns the Tecno, Infinix, and itel brands that dominate much of Africa’s smartphone market, giving PalmPay a distribution advantage that few fintech startups enjoy. Between the lines: A Hong Kong listing is the part that makes this interesting. Most African fintechs have traditionally looked to New York or London for initial public offerings (IPOs). PalmPay is pointing in a different direction, toward Hong Kong Exchanges and Clearing (HKEX), which has become one of the world’s busiest equity fundraising venues. The timing is not random. HKEX finished 2025 as the world’s largest IPO fundraising market, raising $37.4 billion across 119 listings, while listings on second-placed NASDAQ raised less than $30 billion, excluding special purpose acquisition company (SPAC) listings, which are shell companies that raise money first and later merge with a private business to take it public. Equity capital market fundraising in Hong Kong reached $103 billion, while technology, media, and telecommunications (TMT) companies alone raised $34.5 billion, the second-highest tech fundraising total globally. If PalmPay goes through with its Hong Kong listing plan, it will also be in the company of Chinese conglomerates Tencent and Alibaba, which went public on HKEX in 2004 and 2019, respectively, raising a combined $11.2 billion (not adjusted for inflation). Zoom out: If OPay reaches Wall Street and PalmPay reaches Hong Kong, Nigeria’s mobile money wars will have produced something unusual: two Chinese-backed African fintechs taking two completely different routes to the public markets. Getting paid in cedis just got easier for African businesses operating in Ghana. Fincra now issues dedicated GHS virtual accounts to enable businesses to collect payments. See how Fincra GHS virtual accounts work. Fintech Canal+ backs Moment as it expands beyond MultiChoice Image Source: Canal+ We have argued before that MultiChoice’s future may extend well beyond television, and Moment’s latest funding round strengthens the case that payments could become a significant part of that story, as the pay-TV giant continues to revive its premium streaming ambitions under French owner Canal+. Moment, the Cape Town-based payments company spun out of MultiChoice’s fintech ambitions, has raised $22 million in a Series A round led by AlphaCode Venture Partners, bringing its total funding to $55 million. The round includes fresh backing from Canal+, which completed its takeover of MultiChoice and listed on the Johannesburg Stock Exchange (JSE) in June. Explain like I’m new here: Moment was launched in 2023 as a joint venture between MultiChoice, Rapyd, and General Catalyst. The original idea was simple but clever: use MultiChoice’s enormous subscription payment flows—then processing about $3.5 billion annually across 22 million households—as the anchor for a broader African payments platform. The interesting part is that Moment is gradually escaping its parent’s shadow. After its 2024 seed extension, about 95% of its processing volumes still came from MultiChoice South Africa and Showmax South Africa. Today, the company says it is processing payments for 10 million people every month, supports over 2 million physical payment locations, and handles about 600,000 transactions a day across third-party enterprise clients. Canal+’s involvement is the clearest signal yet that the French broadcaster sees payments as more than a side project. The streaming wars are expensive. Subscription billing infrastructure, recurring payments, and merchant acceptance networks are much less glamorous—and potentially much more durable. Zoom out: The satellite dish may still be MultiChoice’s public face. But increasingly, the payment rail behind the subscription could become its more valuable business. Download PalmPay. Bank smarter. With PalmPay, you can bank with confidence. Enjoy seamless everyday banking with security features designed to help protect your money. Send money, pay bills, and manage your finances all in one app. Learn more. Telecoms In May, Globacom recorded the highest number of Internet subscribers in Nigeria Image Source: Giphy As they say, data is life. And for telecom operators, the more people who troop onto their networks, the healthier the business looks. In May, Nigeria’s Internet subscriber base grew by 2.67 million users, and Globacom, the country’s third-largest telecom operator, accounted for nearly half of that surge. What’s happening? The latest figures from the Nigerian Communications Commission (NCC), the country’s telecom regulator, show Nigeria had about 157 million Internet subscribers in May 2026, up from 154.3 million in April. Globacom led the pack, adding roughly 1.2 million subscribers to reach 16.8 million. Airtel Nigeria came second, adding 1.07 million to hit 55.8 million, while MTN Nigeria—the market leader—added 382,894 users to reach 83.5 million. The laggard was T2 Mobile, formerly 9mobile, which recorded zero growth for the second consecutive month, stuck at 802,534
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Globacom, the first Nigerian-owned mobile network operator, led Nigeria’s major telecom operators in Internet subscriber growth in May, adding about 1.2 million subscribers as the country’s total Internet subscriber base rose by 2.67 million. The latest figures from the Nigerian Communications Commission (NCC) show that Nigeria had about 157 million Internet subscribers in May, up from 154.3 million in April. Globacom accounted for almost half of the monthly increase, lifting its subscriber base from about 15.5 million to 16.8 million. Airtel Nigeria recorded the second-largest gain, adding about 1.07 million subscribers to reach 55.8 million in May, up from 54.8 million in April. MTN Nigeria added 382,894 subscribers, taking its total to about 83.5 million from 83.1 million. T2 Mobile, formerly 9mobile, recorded no growth for the second consecutive month, with its Internet subscriber base holding at 802,534. The stagnation comes nearly a year after the Nigerian Communications Commission (NCC) approved its national roaming agreement with MTN Nigeria, allowing T2 subscribers to access MTN’s network in areas where its own coverage was limited. The latest figures suggest that the roaming arrangement has yet to translate into visible subscriber growth for T2, even as its larger rivals continue to add users. Globacom’s surge is particularly notable as it narrowed the gap with larger rivals, while Airtel also recorded strong growth, suggesting that competition for Nigeria’s growing base of Internet users is intensifying. Osita Odafi, a telecom industry expert, told TechCabal in an interview that Globacom’s gain may have been driven partly by its promotional campaigns and network improvements. “Some inactive subscribers may have resumed data usage because of promotions and/or improved network quality, making them count as active internet subscribers,” Odafi said. Globacom’s ongoing promotions offer existing and new subscribers, including customers switching to the network, opportunities to win prizes. The operator also runs a Welcome-Back offer targeting subscribers whose lines have been inactive for at least 90 days. Device promotions are another part of the strategy, with Glo tying some smartphone purchases to data benefits and eSIM offers. The May figures also highlight the different competitive positions of Nigeria’s operators. MTN remained the country’s largest Internet subscriber provider, with about 83.5 million subscribers, followed by Airtel with 55.8 million. Globacom ranked third with 16.8 million. True scale demands moving beyond surface-level integrations to robust execution. We’ve filtered the noise out of Moonshot 2026, optimising the conference strictly for high-calibre connections between startup founders, global financial operators, enterprise leaders and individuals rewiring Africa’s technical frameworks. Get 20% off Early Bird tickets for a limited time.
Read MoreTable of contents When is the Google Pixel 11 Pro coming out? Google Pixel 11 Pro detailed specs How much will the Google Pixel 11 Pro cost? What colours does the Google Pixel 11 Pro come in? Where can you buy the Google Pixel 11 Pro? Google will unveil the Pixel 11 Pro on August 12, 2026, at the Made by Google event in New York City. The phone has not been officially announced yet, but sources and early listings have revealed a lot about what to expect, from the price and specs to colours and where to buy it. This guide covers everything that has been confirmed or credibly reported so far. The short version: the Pixel 11 Pro gets a faster 2nm chip, a new modem that should fix Pixel’s long-standing connectivity issues, a brighter display, and a camera that can zoom further than before. The tradeoffs are a slightly smaller battery, a RAM cut on the base model, and a higher starting price that Google blames on a global memory cost spike. When is the Google Pixel 11 Pro coming out? Google has officially confirmed the Made by Google event for Wednesday, August 12, 2026, at 6 PM ET (11 PM WAT) in New York City. The event is confirmed; every other date below comes from leaks. Key dates at a glance: Announcement: August 12, 2026 at 6 PM ET / 3 PM PT Pre-orders open: August 12, 2026, from the Google Store and select retailers (semi-confirmed) On sale: August 20, 2026, per leaker billbil-kun via Dealabs The Pixel 11 Pro launches alongside the standard Pixel 11, the Pixel 11 Pro XL, and the Pixel Watch 5. The Pixel 11 Pro Fold is expected to follow later, likely around October, based on how Google handled the Pixel 10 Pro Fold last year. Google is also offering promo codes to anyone who signs up for Google marketing emails before August 7, redeemable on the Google Store from August 12. Google Pixel 11 Pro detailed specs Nothing below is official yet. Google will confirm the full spec sheet on August 12. Until then, here is what the most credible leaks and reports are saying. 1. Display 6.3-inch Super Actua LTPO OLED 2,856 x 1,280 resolution Adaptive 1 to 120Hz refresh rate Peak brightness: 3,600 nits (HDR full-screen: 2,450 nits) 240Hz PWM dimming Corning Gorilla Glass Victus 2 Panel: Samsung M16 OLED (via ETNews, reported by Android Headlines) Some early listings claimed 144Hz, but every credible named source including Android Authority, Android Headlines, GSMArena, and Digital Trends reports 120Hz. Treat 120Hz as correct. On brightness: some outlets reported 2,450 nits as the peak, but that is the full-screen HDR figure, not the peak. The raw leak data shows both numbers: 2,450 nits (HDR) and 3,600 nits (peak). Digital Trends and Android Headlines both cite 3,600 nits as the peak brightness upgrade from the Pixel 10 Pro’s 3,300 nits. 2. Processor and RAM Chip: Google Tensor G6, built on TSMC’s 2nm process CPU: 7-core (1x Arm C1-Ultra at 4.11GHz, 4x C1-Pro at 3.38GHz, 2x C1-Pro efficiency at 2.65GHz) GPU: PowerVR Security: Titan M3 coprocessor Modem: MediaTek M90 (MT6986D), replacing Samsung’s Exynos modem RAM: 12GB on the 256GB model, 16GB on the 512GB and 1TB models The modem switch is the most significant under-the-hood change. FCC filings confirm MediaTek hardware across all five Pixel 11 models. The MediaTek M90 supports speeds up to 12Gbps 5G, dual-active 5G SIMs, satellite connectivity, and better power efficiency. This directly addresses the signal and battery drain issues that Exynos-modem Pixels have had for years. The 12GB RAM on the base model is a step down from the Pixel 10 Pro, which had 16GB across all tiers. Google has publicly attributed this to a near-sixfold spike in RAM costs. 3. Storage 256GB 512GB 1TB (restricted to Midnight Haze color only) The 128GB tier is gone. 256GB is the new base. The 1TB model is supported by billbil-kun’s Dealabs leak and the accidental Amazon listing; Android Headlines’ spec sheet only listed two tiers, but the three-tier reading is better supported overall. 4. Camera Rear cameras: 50MP main camera (new “bastet” sensor) 48MP ultrawide with macro support (Sony IMX858) 48MP periscope telephoto (new “barghest” sensor, 5x optical zoom, up to 120x digital zoom) Optical-quality zoom steps at 0.5x, 1x, 2x, 5x, and 10x Front camera: Most credibly 13MP On the selfie camera: there is a genuine conflict here. The accidental Amazon listing, reported by Droid-Life, Android Central, GSMArena, and Android Authority, lists 13MP. Android Headlines’ spec sheet lists 42MP at f/2.2 with a 103-degree field of view, which is the exact spec of the Pixel 10 Pro’s existing front camera. Android Central explicitly says the Pixel 11 Pro “ditches the 42MP selfie camera for a 13MP.” Treat 13MP as the most credible reading for now. AI camera features: Night Sight Video (on-device low-light video, targeting roughly 5 to 10 lux) 4K/30fps Cinematic Blur with AI video relighting Cinematic Rendering Engine in the Tensor G6 ISP, reportedly cutting blur-recording power draw by close to 40% “Speak-to-Tweak” voice photo editing Camera Coach upgrade, simultaneous photo and video capture, and a 120x “moon shot” mode 5. Battery and charging Battery: ~4,850mAh typical (4,707mAh minimum) Wired charging: 30W USB-C PPS Wireless charging: Qi2 (15W) A handful of early listings said 5,000mAh, but 4,850mAh is the consensus across Android Headlines, Digital Trends, and GSMArena. That is a slight dip from the Pixel 10 Pro’s 4,870mAh. On wired charging: PhoneArena and Android Authority mentioned a possible 45W upgrade, but that figure is specific to the larger Pixel 11 Pro XL. The Pixel 11 Pro stays at 30W. 6. Design and build Dimensions: approximately 152.7 x 71.9 x 8.4mm Weight: approximately 204g IP68 dust and water resistance Corning Gorilla Glass Victus 2 on the front The design is a refinement of the Pixel 10 Pro, not a rethink. The camera bar keeps its familiar shape but gets a uniform all-glass, matte-black finish across all colors,
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