Latest News
Nigeria’s drive to empower its startup ecosystem and solve pressing social issues has received a…
Somalia has officially welcomed Elon Musk’s Starlink satellite internet service into the country, marking a…
Safe Superintelligence (SSI), the artificial intelligence startup founded by Ilya Sutskever, who is also a…
Chowdeck, the Nigerian food delivery startup backed by Y Combinator, has made a significant move…
Lesotho is currently experiencing a moment of relief following the announcement of a 90-day suspension…
South African fintech company Stitch has successfully secured an additional $55 million in funding, aimed…
New GX Capital, a prominent investment firm known for its early support of Dark Fibre…
Thousands of small businesses and agricultural cooperatives across sub-Saharan Africa are facing uncertainty after the…
In an effort to blend the power of Google, Adobe, and Microsoft into one seamless…
After years of waiting, the Instagram iPad app is here! This long-anticipated launch is more…
The Nigerian Communications Commission (NCC) has proposed a 12-month grace period for subscribers to reclaim…
EFT Corporation has announced the appointment of Mike Smits as the new Group Managing Director.…
AfriLabs, a prominent Pan-African network of innovation and technology hubs, has successfully secured a generous…
Digital payments gateway Peach Payments has announced its acquisition of the Senegalese payment platform PayDunya,…
BUSINESS
Nigeria has experienced the most significant decline in cash transactions among six cash-reliant economies over the past decade, driven by the rapid adoption of digital payments and increasing partnerships with fintech companies, according to a report by global payment processing firm Worldpay. From 2014 to 2024, cash transactions in Nigeria…
Egyptian fintech startup Telda, which has garnered support from prominent global investors including Sequoia Capital, has made a significant move by acquiring the local securities brokerage firm City Capital. This acquisition represents a crucial step in Telda’s ambition to evolve into a comprehensive digital financial services platform. The announcement follows…
Unity Bank has officially appointed Ebenezer Kolawole as the Acting Managing Director and Chief Executive Officer, taking over from Oluwatomi Somefun, who has retired after a decade of dedicated leadership. This significant appointment has received the endorsement of the Central Bank of Nigeria (CBN) and was publicly announced during the…
ValU, the Egyptian financial technology platform renowned for its widely used “Buy Now, Pay Later” (BNPL) service, is poised to become a publicly traded company on the Egyptian Exchange (EGX). This development follows the announcement from its parent company, EFG Hermes Holding, which revealed that the board has approved the…
Startup
Senegalese e-health startup Eyone has emerged as the winner of the latest edition of Africa’s…
The Nigerian government is poised to launch a $40 million fund aimed at investing in…
Mirova, an affiliate of Natixis Investment Managers, has announced a significant financing initiative for KOKO,…
Acknowledging the significant funding gap, accelerator programs such as Cascador are taking proactive measures to…
South African prop-tech startup Preferental has introduced a groundbreaking app designed to transform the tenant…
Go Big Partners and 216 Capital Ventures have announced a strategic joint investment in Juridoc,…
people
M-KOPA Holding, an innovative Kenyan startup known for providing financing solutions for smartphones and solar…
Charles Russon has been granted regulatory approval to assume the role of interim CEO of…
Red Lobster, the iconic seafood restaurant chain, has entered a new phase in its history,…
Ralph Mupita, the Chief Executive Officer of MTN, has been exonerated from accusations of favoritism…
Flutterwave, a prominent player in the African payment sector, has recently announced the appointment of…
MTN Group CEO Ralph Mupita has taken proactive steps to address employee concerns in the…
Cryptocurrency
Binance, the internationally renowned cryptocurrency exchange, has unveiled an expansion of its services in Africa…
Nigeria’s government is poised to enact a sweeping reform of its tax laws, including measures…
The Bank of Ghana (BoG) is taking proactive steps towards establishing a regulatory environment for…
The ongoing detention of Tigran Gambaryan, a senior executive at Binance, has reached a critical…
NeoNomad, a South African startup, has unveiled a pioneering web application, Africa’s first hybrid exchange…
In the vast crypto ocean, Ripple and XRP – its native token- have made a…