Economy
Mobilitas Group Eyes African GDP Supported by Digital Economy
By Dipo Olowookere
The impact of digital technology in the creation of wealth in Africa has been emphasised as well as its contribution to the growth of its Gross Domestic Product (GDP).
“In 10 years, the digital economy will probably weigh 10 percent of African GDP. The digital should be an integral part of the services provided by the public authorities.
“As an actor in the management and electronic archiving of documents, we are proud to contribute to the success of TeleDAc, an ambitious project to digitize public services,” said Alain Taïeb, Chairman of the Supervisory Board of Mobilitas.
This week, the ADIE (the state agency in charge of the information technology policy) formalized the dematerialization of two procedures of the urban planning services: obtaining the certificate of conformity, an administrative act that attests the conformity of the construction work carried out following the procurement of the building permit.
The Mobilitas Group has assisted ADIE in the effective implementation of these two approaches, which are now available on the online platform, TeleDac.
The launch ceremony was held at the Pullman Teranga Hotel in Dakar under the effective presidency of Mrs Khoudia Mbaye, Minister in charge of teleservices of the State and Mr Diène Farba Sarr, Minister for Urban Renewal.
The event also brought together all the stakeholders of the project, particularly the APIX, the Office Organization and Method and the Order of Architects of Senegal.
With the development of TeleDAc, the Senegalese State wants to strengthen the effectiveness of public action and bring the administration closer to its users, especially through online access to the public service.
“Eighty percent of the work of an administration consists in sharing information with users as well as with the other services of the State. In this respect, the implementation of TeleDAc is essential for the modernization and effectiveness of public action.
“The two new procedures we are putting online today are an important step towards achieving our goals, “says Cheikh Bakhoum, Director General of ADIE.
Since its launch, TeleDAC has made a significant contribution to improving access to public services, reducing administrative costs for users by 25% and reducing the risk of corruption.
The time required to complete and issue a building has reduced from a minimum of 3 months to approximately 28 days. To date, nearly 4,000 cases have been processed in the four departments of Dakar.
TeleDAC also strengthens the standardization of public electronic archiving. 200,000 applications for building permits were digitized, following the rehabilitation of the archives of the departmental departments of town planning in Dakar.
By Aduragbemi Omiyale
The pre-registration training and examination for capital market operators (CMOs) for the second quarter of 2026 has been postponed.
Business Post gathered that the new date for the exercise is now Monday, June 15, 2026.
This information was disclosed by the Securities and Exchange Commission (SEC) through a circular on Monday, June 8, 2026.
The Nigerian capital market regulator stated that this postponement has also resulted in the extension of the deadline for registration to Friday, June 12, 2026.
In the notice today, the SEC expressed its regret for the inconvenience this action may cause operators, who had prepared for the initial date of the training and examination.
“Further to the recent circular on Q2 2026 Pre-registration Training and Examination, the Securities and Exchange Commission (SEC) hereby informs all eligible applicants for the Q2 2026 Pre-registration Training and Examination that the commencement date has been postponed to Monday, June 15, 2026.
“Registration on the designated portal has also been extended to Friday, June 12, 2026. All other conditions contained in the circular remain unchanged.
“The commission regrets any inconvenience this postponement may cause and appreciates the understanding of all applicants,” the disclosure noted.
By Aduragbemi Omiyale
One of the leading healthcare firms in Nigeria, Fidson Healthcare Plc, has listed additional shares on the Nigerian Exchange (NGX) Limited.
The new stocks absorbed into the stock market were 600 million units, raising the total issued and fully paid-up shares of Fidson to 3,000,000,000 ordinary shares of 50 Kobo each from 2,400,000,000 ordinary shares of 50 Kobo each.
The fresh equities came from the company’s rights issue of 600,000,000 ordinary shares of 50 Kobo each at N35.00 per share.
They were issued to existing investors on the basis of one new ordinary share for every existing four ordinary shares held as of the close of business on Wednesday, November 12, 2025.
Confirming the development, the regulator in a notice said, “Trading licence holders are hereby notified that an additional 600,000,000 ordinary shares of 50 Kobo each of Fidson Healthcare Plc were on Tuesday, June 2, 2026, listed on the daily official list of Nigerian Exchange Limited.
“The additional shares arose from the company’s rights issue of 600,000,000 ordinary shares of 50 Kobo each at N35.00 per share on the basis of one new ordinary share for every existing four ordinary shares held as at the close of business on Wednesday, November 12, 2025.
“With the listing of the additional 600,000,000 ordinary shares, the total issued and fully paid-up shares of Fidson Healthcare Plc have now increased from 2,400,000,000 to 3,000,000,000 ordinary shares of 50 Kobo each.”
By Modupe Gbadeyanka
This news will surely excite local contractors with verified claims of N100 million or less, as the federal government has approved their payments.
This approval for the disbursement was given by the Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele.
This followed a verification and reconciliation exercise designed to ensure only validated claims qualify for payment.
The beneficiaries cover contractors across multiple ministries, departments and agencies. The release of the funds is expected to enable contractors to return to project sites, pay workers, settle suppliers and meet outstanding financial commitments.
In an announcement on Monday, the Federal Ministry of Finance also said this latest batch of payments would ease liquidity pressure on small businesses and accelerate economic activity nationwide.
It was noted that the payments for verified claims of N100 million below were strategically done to spread economic impact broadly rather than concentrate disbursements among a handful of large firms.
The payments form part of a broader push to clear inherited contractor obligations, with over N700 billion verified in recent months.
“For many beneficiaries, the release of funds represents more than a financial transaction. It provides the certainty needed to sustain operations, preserve jobs, complete ongoing projects, and contribute to economic recovery and growth,” the ministry said in a statement.
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