Kuda sees a 602% increase in annual loss of over N6B in 2021
Nigerian microfinance bank and fintech startup Kuda has reportedly recorded a loss for the second year running. The company which...
Ghanaian company mPharma acquires majority stake in Nigeria’s HealthPlus
Africa's leading healthcare tech startup, mPharma, has acquired a majority stake in HealthPlus after the company closed an agreement with...
Kippa raises $8.4 million in funding to expand offerings to Nigerian SMEs
Nigerian financial management and payment platform, Kippa, has announced that it has raised $8.4 million in a new financing round,...
CBN grants Flutterwave high-profile switching and processing license
Africa's number one payment technology platform Flutterwave have been granted a Switching and Processing License by the Central Bank of...
Kenyan authorities freeze more bank accounts belonging to Flutterwave amid fraud allegations
A Kenyan court has reportedly frozen bank accounts belonging to Nigerian fintech company Flutterwave over allegations relating to card fraud...
CBN releases $265 million in trapped funds to airlines
The Central Bank of Nigeria (CBN) has released $265 million to foreign airlines operating in the country, a move which...
Ivory Coast records its first-ever locally-made smartphone
Alain Capo-Chichi, an Ivory Coast entrepreneur has created the country's first-ever locally-made smartphone. The smartphone, which is called "Open G,"...
MTN launches 5G network in Nigeria, rolls out technology across 190 sites
MTN Nigeria, the country's leading telecommunications provider, has officially rolled out the nation's maiden 5G network after switching on the...
FG moves against unregistered online lending platforms
The Federal Government has announced that it has prohibited all Nigerian mobile network operators, telecommunications service providers, and digital payment...
Nigerian E-commerce platform Omnibiz raises 15 million dollars pre-Series A
Nigerian B2B e-commerce platform Omnibiz has reportedly bagged a 15 million USD pre-Series A investment funding, TechCabal claims. The raise,...
