In today's edition: South Africa's digital ID is already behind schedule || Nigeria to fine telecom operators $8.85m over poor service || CBK says M-Pesa is tooIn today's edition: South Africa's digital ID is already behind schedule || Nigeria to fine telecom operators $8.85m over poor service || CBK says M-Pesa is too

👨🏿‍🚀TechCabal Daily – Telcos, pay up

Good morning. ☀

If you’ve been on any social media, you’ve seen countless people complain about their internet service. Nigeria’s telco regulator wants to change that, and in my opinion, not a second sooner. Here’s to better internet soon, hopefully.

  • South Africa’s digital ID is already behind schedule
  • Nigeria to fine telecom operators $8.85m over poor service
  • CBK says M-Pesa is too big to fail
  • World Wide Web 3
  • Event

policy

Nigeria to fine telecom operators $8.85m over poor service

Meme, Image Source: makeameme.

The Nigerian Communications Commission (NCC), the country’s telecom regulator, is done asking telcos to offer better network services and is reaching for the chequebook. About ₦12.4 billion ($8.85 million) in fines now hang over operators’ heads as the regulator plans to penalise persistent breaches of service standards.

What counts as bad behaviour? The NCC didn’t list offences line by line, but the usual suspects are poor services, including sluggish data, prolonged outages, and infrastructure issues that make service unreliable for a long time, are obvious. While the NCC has stipulated how this new fine will be applied, repeated failures, poor maintenance, or slow fixes could be where their patience runs out, and penalties begin.

A regulator has negotiated: To improve consumer protection in the sector, the NCC is focusing on Nigerians’ three biggest pain points: poor network quality, mysterious data depletion, and refunds arising from failed airtime and data transactions. 

On refunds, the regulator, in partnership with Nigeria’s Central Bank, introduced a framework that mandates refunds within 30 seconds for failed airtime and data transactions, starting from March 1, 2026. The regulator is now addressing poor network quality. One big thing still loading? Clear rules around unexpected data deductions, and that regulation is very much expected next.

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government

South Africa’s digital ID is already behind schedule

Image source: Google

Remember South Africa’s Department of Home Affairs’ plan to roll out a national digital ID system before year-end? Don’t get too excited; reports say that it will likely be delayed for at least a few more years. 

If you don’t recall: On January 23, the South African government announced progress on its new system would allow citizens to access multiple government services without repeatedly verifying their identity across separate systems. This ID system was designed to be anchored in the recently launched MyMzansi portal.

So, what’s the holdup? The government says progress is being made; there’s a MyMzansi platform prototype and some data-sharing pilots. But the digital ID policy itself, which Home Affairs said in April 2025 would be submitted “shortly” to Cabinet for approval, hasn’t been completed, according to local media reports.

Here’s why that matters: Even after the Cabinet approves the policy, it must still be published for public comment, revised again, and passed into law before the actual tech build-out can begin. Each step is a process-heavy crawl, and a 2026 rollout already assumes everything else goes perfectly. Yet, a policy that should have been sent for approval nine months ago hasn’t been finalised.

Thus, the tension: Can the government deliver this system safely? Will South Africa even meet its new 2026 promise, or is this another deadline waiting to slip? The government is optimistic, but the reality of past delays hangs over the project, and the clock is ticking.

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companies

Kenya’s central bank says M-Pesa is too big to fail

Central Bank governor Kamau Thugge. Image source: NMG

M-Pesa is no longer just a mobile wallet; it’s the load-bearing pillar of the entire Kenyan economy. In a sobering presentation to lawmakers this week, CBK Governor Kamau Thugge warned that the platform has reached such a scale that its failure would “significantly impair the real economy.”

The M-Pesa Multiplier: In 2025, M-Pesa processed transactions worth KES 83.7 trillion ($649.7 billion), nearly four times Kenya’s total Gross Domestic Product (GDP). With 95% of retail payments and 32 million active users, the platform is the central nervous system for everything from school fees to tax collection via e-Citizen.

Why the warning now? Timing is everything. The government is currently trying to sell a 15% stake in Safaricom to South Africa’s Vodacom Group for roughly $2.1 billion. While Thugge insists the sale is a positive macroeconomic move to stabilise the Shilling and avoid more debt, critics are sounding the alarm. The Consumer Federation of Kenya (COFEK) has already filed lawsuits to halt the deal, arguing that selling majority control of such systemic infrastructure to a foreign entity is a national security risk.

Too big to fail: The CBK’s admission marks a shift in how we think about fintechs in Africa. When a private platform becomes four times larger than a country’s GDP, it stops being a company and starts functioning like a utility, raising a harder regulatory question: at what point does a unicorn become too large for a government to actually manage, or even own?

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CRYPTO TRACKER

The World Wide Web3

Source:

CoinMarketCap logo

Coin Name

Current Value

Day

Month

Bitcoin$88,186

– 0.76%

+ 1.26%

Ether$2,955

– 1.24%

+ 0.68%

BNB$897

+ 0.03%

+ 5.62%

Solana$123.51

– 2.33%

+ 0.28%

* Data as of 06.41 AM WAT, January 29, 2026.

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Events

  • Africa Tech Summit Nairobi is returning for its eighth edition in February 2026, and this time, payments infrastructure is getting top billing. Fincra, a pan-African fintech company, has been announced as the headline supporter of the event, which will be held on February 11–12, 2026, at the Sarit Expo Centre, Nairobi, Kenya. The summit will bring together over 2,000 delegates across fintech, AI, climate tech, and startups to discuss how Africa builds interoperable payment rails for cross-border trade and digital commerce. Get your early bird tickets.
  • My Life In Tech: Lade Falobi’s clarity-over-cleverness lesson for African tech marketers
  • AI will reshape African healthcare. Who controls it matters
  • UTME: “No part of Nigeria without network,” JAMB insists on live CBT surveillance

Written by: Zia Yusuf, and Opeyemi Kareem

Edited by: Ganiu Oloruntade

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Summarize Any Stock’s Earnings Call in Seconds Using FMP API

Summarize Any Stock’s Earnings Call in Seconds Using FMP API

Turn lengthy earnings call transcripts into one-page insights using the Financial Modeling Prep APIPhoto by Bich Tran Earnings calls are packed with insights. They tell you how a company performed, what management expects in the future, and what analysts are worried about. The challenge is that these transcripts often stretch across dozens of pages, making it tough to separate the key takeaways from the noise. With the right tools, you don’t need to spend hours reading every line. By combining the Financial Modeling Prep (FMP) API with Groq’s lightning-fast LLMs, you can transform any earnings call into a concise summary in seconds. The FMP API provides reliable access to complete transcripts, while Groq handles the heavy lifting of distilling them into clear, actionable highlights. In this article, we’ll build a Python workflow that brings these two together. You’ll see how to fetch transcripts for any stock, prepare the text, and instantly generate a one-page summary. Whether you’re tracking Apple, NVIDIA, or your favorite growth stock, the process works the same — fast, accurate, and ready whenever you are. Fetching Earnings Transcripts with FMP API The first step is to pull the raw transcript data. FMP makes this simple with dedicated endpoints for earnings calls. If you want the latest transcripts across the market, you can use the stable endpoint /stable/earning-call-transcript-latest. For a specific stock, the v3 endpoint lets you request transcripts by symbol, quarter, and year using the pattern: https://financialmodelingprep.com/api/v3/earning_call_transcript/{symbol}?quarter={q}&year={y}&apikey=YOUR_API_KEY here’s how you can fetch NVIDIA’s transcript for a given quarter: import requestsAPI_KEY = "your_api_key"symbol = "NVDA"quarter = 2year = 2024url = f"https://financialmodelingprep.com/api/v3/earning_call_transcript/{symbol}?quarter={quarter}&year={year}&apikey={API_KEY}"response = requests.get(url)data = response.json()# Inspect the keysprint(data.keys())# Access transcript contentif "content" in data[0]: transcript_text = data[0]["content"] print(transcript_text[:500]) # preview first 500 characters The response typically includes details like the company symbol, quarter, year, and the full transcript text. If you aren’t sure which quarter to query, the “latest transcripts” endpoint is the quickest way to always stay up to date. Cleaning and Preparing Transcript Data Raw transcripts from the API often include long paragraphs, speaker tags, and formatting artifacts. Before sending them to an LLM, it helps to organize the text into a cleaner structure. Most transcripts follow a pattern: prepared remarks from executives first, followed by a Q&A session with analysts. Separating these sections gives better control when prompting the model. In Python, you can parse the transcript and strip out unnecessary characters. A simple way is to split by markers such as “Operator” or “Question-and-Answer.” Once separated, you can create two blocks — Prepared Remarks and Q&A — that will later be summarized independently. This ensures the model handles each section within context and avoids missing important details. Here’s a small example of how you might start preparing the data: import re# Example: using the transcript_text we fetched earliertext = transcript_text# Remove extra spaces and line breaksclean_text = re.sub(r'\s+', ' ', text).strip()# Split sections (this is a heuristic; real-world transcripts vary slightly)if "Question-and-Answer" in clean_text: prepared, qna = clean_text.split("Question-and-Answer", 1)else: prepared, qna = clean_text, ""print("Prepared Remarks Preview:\n", prepared[:500])print("\nQ&A Preview:\n", qna[:500]) With the transcript cleaned and divided, you’re ready to feed it into Groq’s LLM. Chunking may be necessary if the text is very long. A good approach is to break it into segments of a few thousand tokens, summarize each part, and then merge the summaries in a final pass. Summarizing with Groq LLM Now that the transcript is clean and split into Prepared Remarks and Q&A, we’ll use Groq to generate a crisp one-pager. The idea is simple: summarize each section separately (for focus and accuracy), then synthesize a final brief. Prompt design (concise and factual) Use a short, repeatable template that pushes for neutral, investor-ready language: You are an equity research analyst. Summarize the following earnings call sectionfor {symbol} ({quarter} {year}). Be factual and concise.Return:1) TL;DR (3–5 bullets)2) Results vs. guidance (what improved/worsened)3) Forward outlook (specific statements)4) Risks / watch-outs5) Q&A takeaways (if present)Text:<<<{section_text}>>> Python: calling Groq and getting a clean summary Groq provides an OpenAI-compatible API. Set your GROQ_API_KEY and pick a fast, high-quality model (e.g., a Llama-3.1 70B variant). We’ll write a helper to summarize any text block, then run it for both sections and merge. import osimport textwrapimport requestsGROQ_API_KEY = os.environ.get("GROQ_API_KEY") or "your_groq_api_key"GROQ_BASE_URL = "https://api.groq.com/openai/v1" # OpenAI-compatibleMODEL = "llama-3.1-70b" # choose your preferred Groq modeldef call_groq(prompt, temperature=0.2, max_tokens=1200): url = f"{GROQ_BASE_URL}/chat/completions" headers = { "Authorization": f"Bearer {GROQ_API_KEY}", "Content-Type": "application/json", } payload = { "model": MODEL, "messages": [ {"role": "system", "content": "You are a precise, neutral equity research analyst."}, {"role": "user", "content": prompt}, ], "temperature": temperature, "max_tokens": max_tokens, } r = requests.post(url, headers=headers, json=payload, timeout=60) r.raise_for_status() return r.json()["choices"][0]["message"]["content"].strip()def build_prompt(section_text, symbol, quarter, year): template = """ You are an equity research analyst. Summarize the following earnings call section for {symbol} ({quarter} {year}). Be factual and concise. Return: 1) TL;DR (3–5 bullets) 2) Results vs. guidance (what improved/worsened) 3) Forward outlook (specific statements) 4) Risks / watch-outs 5) Q&A takeaways (if present) Text: <<< {section_text} >>> """ return textwrap.dedent(template).format( symbol=symbol, quarter=quarter, year=year, section_text=section_text )def summarize_section(section_text, symbol="NVDA", quarter="Q2", year="2024"): if not section_text or section_text.strip() == "": return "(No content found for this section.)" prompt = build_prompt(section_text, symbol, quarter, year) return call_groq(prompt)# Example usage with the cleaned splits from Section 3prepared_summary = summarize_section(prepared, symbol="NVDA", quarter="Q2", year="2024")qna_summary = summarize_section(qna, symbol="NVDA", quarter="Q2", year="2024")final_one_pager = f"""# {symbol} Earnings One-Pager — {quarter} {year}## Prepared Remarks — Key Points{prepared_summary}## Q&A Highlights{qna_summary}""".strip()print(final_one_pager[:1200]) # preview Tips that keep quality high: Keep temperature low (≈0.2) for factual tone. If a section is extremely long, chunk at ~5–8k tokens, summarize each chunk with the same prompt, then ask the model to merge chunk summaries into one section summary before producing the final one-pager. If you also fetched headline numbers (EPS/revenue, guidance) earlier, prepend them to the prompt as brief context to help the model anchor on the right outcomes. Building the End-to-End Pipeline At this point, we have all the building blocks: the FMP API to fetch transcripts, a cleaning step to structure the data, and Groq LLM to generate concise summaries. The final step is to connect everything into a single workflow that can take any ticker and return a one-page earnings call summary. The flow looks like this: Input a stock ticker (for example, NVDA). Use FMP to fetch the latest transcript. Clean and split the text into Prepared Remarks and Q&A. Send each section to Groq for summarization. Merge the outputs into a neatly formatted earnings one-pager. Here’s how it comes together in Python: def summarize_earnings_call(symbol, quarter, year, api_key, groq_key): # Step 1: Fetch transcript from FMP url = f"https://financialmodelingprep.com/api/v3/earning_call_transcript/{symbol}?quarter={quarter}&year={year}&apikey={api_key}" resp = requests.get(url) resp.raise_for_status() data = resp.json() if not data or "content" not in data[0]: return f"No transcript found for {symbol} {quarter} {year}" text = data[0]["content"] # Step 2: Clean and split clean_text = re.sub(r'\s+', ' ', text).strip() if "Question-and-Answer" in clean_text: prepared, qna = clean_text.split("Question-and-Answer", 1) else: prepared, qna = clean_text, "" # Step 3: Summarize with Groq prepared_summary = summarize_section(prepared, symbol, quarter, year) qna_summary = summarize_section(qna, symbol, quarter, year) # Step 4: Merge into final one-pager return f"""# {symbol} Earnings One-Pager — {quarter} {year}## Prepared Remarks{prepared_summary}## Q&A Highlights{qna_summary}""".strip()# Example runprint(summarize_earnings_call("NVDA", 2, 2024, API_KEY, GROQ_API_KEY)) With this setup, generating a summary becomes as simple as calling one function with a ticker and date. You can run it inside a notebook, integrate it into a research workflow, or even schedule it to trigger after each new earnings release. Free Stock Market API and Financial Statements API... Conclusion Earnings calls no longer need to feel overwhelming. With the Financial Modeling Prep API, you can instantly access any company’s transcript, and with Groq LLM, you can turn that raw text into a sharp, actionable summary in seconds. This pipeline saves hours of reading and ensures you never miss the key results, guidance, or risks hidden in lengthy remarks. Whether you track tech giants like NVIDIA or smaller growth stocks, the process is the same — fast, reliable, and powered by the flexibility of FMP’s data. Summarize Any Stock’s Earnings Call in Seconds Using FMP API was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story
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Medium2025/09/18 14:40