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Rwanda has signed an expansion agreement with US-based drone logistics company Zipline to scale autonomous medical delivery systems, under a $150 million “pay-for-performance” funding from the US Department of State. The deal triggers the release of US funding designed to scale Zipline’s AI-driven medical delivery infrastructure across Africa, after the company secured national expansion commitments from governments on the continent. The development, which was announced in a statement on Thursday, marks the first milestone in a US experiment to push African governments to adopt drone logistics as permanent national infrastructure rather than donor-funded pilot projects. This now positions Rwanda as the first country in the world with nationwide autonomous logistics coverage and the first in Africa to deploy Zipline’s urban delivery system and an autonomous delivery testing centre. The agreement aims to cut delivery times for vaccines, blood, and essential medicines, potentially strengthening health outcomes and national healthcare systems. “Rwanda and Zipline have been working together for years to harness technology for the good of our people. We have witnessed the extraordinary impact of drone delivery — saving time, saving money, and saving lives,” said Paula Ingabire, Rwanda’s Minister of ICT and Innovation. Under the agreement, Rwanda will introduce Zipline’s urban delivery system, Platform 2 (P2), in Kigali, where about 40%of the country’s healthcare demand is concentrated. The system enables fast, quiet, and precise deliveries in dense urban areas. Rwanda will also add a new long-range distribution hub in Karongi District, complementing existing hubs in Muhanga and Kayonza, and expand service coverage to more than 11 million people. “Today, Rwanda is doing it again. This is a global first — not because the technology exists, but because the leadership exists,” Caitlin Burton, CEO of Zipline Africa, said, adding that the partnership sets a new global standard for deploying innovation. The US government will provide upfront infrastructure funding, while the Rwandan government will pay for ongoing operations. Zipline will also establish its first overseas AI and robotics testing facility in Rwanda to support aircraft testing, safety systems, and next-generation logistics software development. Since launching operations in Rwanda in 2016, Zipline has partnered with national governments to supply blood and essential medicines to more than 5,000 hospitals and health facilities. After its expansion in Rwanda, Côte d’Ivoire, Kenya, and Nigeria are expected to follow.
Read MoreeTranzact International Plc, a Nigerian payments and switching company, failed to hit its 2025 profit target despite posting a slight revenue increase, according to its unaudited results. The company’s profit after tax fell by 15.68% to ₦2.97 billion ($2.14 million) in 2025. Revenue for 2025 rose marginally by 1.08% to ₦29.82 billion (21.45 million), while gross profit climbed 24.48%. In an email to TechCabal, the company said, “Major projects/mandates that were set to commence in Q4 2025, these projects are major drivers of the projected Q4 2025 revenue/earnings forecast, and drive revenue significantly during the quarter, were stalled due to some external dependencies.” Cost of sales dropped 13.62%, suggesting an improvement in unit economics. But a 50.08% increase in administrative expenses to ₦9.24 billion ($6.65 million) wiped out those gains, dragging full-year profit below 2024 levels. Money Vertical FY 2025: Annual Efficiency vs. Operational Friction A comparative look at eTranzact’s pivot success and its administrative cost challenges. FY 2024 (BASE) The baseline performance before the shift to high-margin revenue lines. FY 2025 (SHIFT) Shows the 13.8% drop in Cost of Sales alongside the 50% admin cost surge. The company explained that key drivers of this increase include a rise in depreciation based on the acquisition of assets, and investment in the company’s manpower to meet business needs and drive business growth. eTranzact’s results reveal a company growing top line, but struggling to convert that growth into profit as costs surge amid a shift away from its major revenue line, airtime sales. While the company is yet to reveal the full breakdown of its revenue line, it told TechCabal, “The percentage of mobile airtime revenue to total gross revenue reduced in 2025. Further disclosures will be available in the 2025 audited financial statements.” The company beat its fourth quarter 2025 revenue forecast, but a jump in cost of sales and overheads crushed margins, leaving it far short of its full-year profit projection. In October 2025, the company projected ₦8.19 billion ($5.89 million) in Q4 2025, and ₦1.87 billion ($1.35 million) in profit after tax. This would have taken its full-year revenue to ₦28.30 billion ($20.35 million) and profit to ₦4.28 billion ($3.08 million). Instead, eTranzact beat its fourth-quarter revenue target, posting ₦9.86 billion ($7.09 million) in revenue, but profits fell sharply. Costs surged well beyond projections, compressing margins and dragging profit after tax down to just over ₦561.66 million ($403.97 million), far below the company’s expectations. Money Vertical Composition of 2025 Financial Projections A breakdown of how eTranzact arrived at its full-year targets. 9 Months Actual Q4 Projected “The increase in cost of sales is mainly because of an increase in technology cost and the direct impact of an increase in revenue lines with high direct cost components/low margins,” the company said “The actual revenue achieved for those lines exceeded what was projected, and this increased the direct cost accordingly. Major drivers of the Q4 revenue were high-margin revenue lines with little to no direct cost components.” The company told TechCabal in October that its projections reflected a strategic shift away from airtime sales, historically one of its biggest but lowest-margin revenue lines. Over the years, a significant part of eTranzact’s revenue has been value-added services such as airtime, which it describes as very low margin. eTranzact noted at the time that it was prioritising other business lines, such as switching, which includes funds transfer, bill payments, payment gateway, and its financial inclusion business. The company operates across switching, merchant acquiring, and consumer solutions, offering products including PocketMoni, a fintech app, Corporate Pay, for salary disbursements, PayOutlet, for merchant payments, SwitchIT, for transaction processing, and Credo, a social commerce payment gateway. Despite the profit miss, eTranzact’s cash position improved over the period, pointing to stronger operating momentum. Cash receipts from customers rose by 0.62%, and cash paid to suppliers and employees fell by 82.80%, leaving a net positive cash movement of ₦23.78 billion ($17.10 million). Money Vertical Corrected Cash Flow Dynamics (2024–2025) A precise breakdown of eTranzact’s shift from a ₦4.46B deficit to a ₦23.78B surplus. Metric (Billions ₦) 2024 (Actual) 2025 (Unaudited) Change (%) Customer Receipts 29.42 29.60 +0.61% Supplier/Emp. Payments 33.88 5.83 -82.79% Net Operating Cash Flow -4.46 23.78 +633.18% In its forecast for Q1, 2026, eTranzact expects revenue to fall by 42.69%, and an 18.98% drop in profit to ₦672.72 million ($483,846). The company expects airtime’s contribution to continue shrinking as it doubles down on digital payments and enterprise platforms. It is also betting on growth from its approval by the Federal Inland Revenue Service (FIRS) to support Nigeria’s e-invoicing rollout, a government initiative aimed at digitising tax and business processes.
Read MoreTable of contents How to register for the 2026 UTME online How to register for the 2026 UTME offline Comprehensive 2026 UTME/DE registration and examination timeline Important things to know before and after you register Registration for the 2026 Unified Tertiary Matriculation Examination (UTME) began with the sale of e-PINS on Monday, January 19, 2026. Full registration opened on Monday, January 26, 2026 and will end on Saturday, February 28, 2026. The five-week window covers nearly two million candidates who must create online profiles and complete biometric capture at accredited computer-based test (CBT) centres. Several new rules apply to this year’s exercise under the “No Vision, No Registration” policy introduced by the Joint Admissions and Matriculation Board (JAMB) Registrar, Professor Is-haq Oloyede. Every computer-based test centre must livestream all registration activities to the board’s headquarters in Abuja, a measure aimed at curbing extortion, impersonation, and data breaches. Candidates must also be at least 16 years old by September 30, 2026, to qualify for university admission, a requirement which JAMB says helps ensure students are ready for higher education. Here is everything you need to know about registering for the 2026 UTME. How to register for the 2026 UTME online You can start your 2026 UTME registration online before going to any CBT centre. This step links your identity, phone number, and NIN to JAMB. What to check before you start Your details on the National Identity Management Commission (NIMC) database must be correct, including your name, date of birth, gender, and state of origin JAMB pulls this data directly, so you cannot change it at a CBT centre Use your own phone number You must use one personal number for the whole process This number receives your profile code, your ePIN, and all JAMB messages Get your profile code Send your 11-digit NIN by SMS to 55019 or 66019 Use this format: NIN 00123456789 You will get a 10-character profile code by SMS If you used UTME before, send RESEND to 55019 or 66019 to reactivate your old code Choose your exam and pay Pick UTME with mock, UTME without mock, or Direct Entry The cost is N8,700 for UTME with mock, N7,200 for UTME without mock, and N5,700 for Direct Entry Pay through bank apps, POS, or fintech apps like OPay, PalmPay, or Kuda You can also use BuyCard with your profile code Get your e PIN After payment, JAMB sends your ePIN by SMS to your phone If you lose it, send UTMEPIN or DEPIN to 55019 or 66019 Keep your SIM active If you bought a new SIM, ask your network to activate the Keep My Number service This keeps your number active for up to three years Set up your email Create a personal email address You will use it for your JAMB e-facility account, exam slips, and CAPS admission checks How to register for the 2026 UTME offline You must go to a JAMB-approved CBT centre to finish your 2026 UTME registration. This is where your biometrics and exam choices are confirmed in person. Where to go Visit only JAMB-approved CBT centres, professional registration centres, or JAMB state and zonal offices Do not use private cybercafés or unapproved places because your registration can be canceled What to take Your 10-character profile code Your e PIN You do not pay any extra fees at the centre because it is already included in the e PIN What you will do at the centre Fill a paper template with your first, second, third, and fourth choices of schools and courses Give your fingerprints for all ten fingers to stop impersonation Take a live photo using approved Microsoft or Digitech cameras, which links to the NIMC database Your centre must stream this live to JAMB under the No Vision policy Upload and exam location If you have WAEC or NECO results, the operator uploads them If your result is not ready, choose Awaiting Result and upload later Choose your exam town, and JAMB will place you in a centre within that zone Final checks Use the dual screen to see everything being typed Check your name and subject choices before you approve Confirm with your thumbprint After registration You will get a printed registration slip with your details and subject combination Collection of Mandatory Reading Materials: After successful registration, you are entitled to collect the prescribed reading text, “The Lekki Headmaster” by Kabir Alabi Garba and the JAMB CD containing the brochure and syllabus Comprehensive 2026 UTME/DE registration and examination timeline The table below shows the key dates for the 2026 cycle. You must follow these dates because the system will shut down vending and registration at the end of each period. Important things to know before and after you register The 2026 UTME is strict, and small mistakes can prevent you from gaining admission, even if your score is high. You need to get your details right from the start and check your JAMB account regularly after you register. What you must have before you register Your 11-digit NIN that matches the NIMC database One personal phone number that no other candidate has used Your O Level results with grades and dates, or for Direct Entry, your previous matric number and school details Money to pay for the ePIN, because once you buy it, JAMB does not give refunds Common mistakes that cause problems Using henna or laali on your fingers, which can stop the scanner from reading your fingerprints and get you blocked from the exam Picking the wrong subject combination, such as leaving out Mathematics for Science or Technology courses Using more than one NIN to create multiple profiles, which the JAMB software will detect and cancel Having different names on your NIN and O Level result, which schools can reject unless you fix it at NIMC before getting your profile code What to do after you register Print your exam slip seven to ten days before the exam to see your date, time, and
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