News
Jumia sees massive growth in orders and revenue in Q1 2022
Pan-African e-commerce company Jumia has announced a 44% revenue growth and a significant increase in orders in the first quarter...
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CBN to introduce USSD to improve eNaira
The Central Bank of Nigeria has announced that it is set to release its own USSD code with the aim...
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Access Bank set to acquire Kenya’s Sidian Bank
Access Bank is set to acquire Kenya's Sidian Bank for $36.7 million (15 billion Naira), reports suggest. The Nigerian commercial...
Read moreAfrilabs launches e-learning academy to support African innovation hubs
African hubs network, AfriLabs, has launched the AfriLabs Academy which is aimed at equipping startup ecosystem enablers with the necessary...
Read moreNigerian government implements tax on phone calls to fund health care
The Nigerian government has announced the implementation of a new telecommunication tax that will be part of the sources of...
Read moreMetaverse projected to pump 40 billion dollars into Africa economy
The Metaverse is no longer being considered science fiction with the global economy gearing towards the idea with regards to...
Read moreSouth Africa government launch new app store to encourage homegrown products
The South African government has announced its launching of the country's own official app store, DigiTech, aimed at promoting the...
Read moreAutochek acquires KIFAL Autos as part of its expansion into North Africa
Autochek, a Nigerian automotive technology startup, has announced the acquisition of KIFAL Autos, a leading Moroccan automotive technology startup as...
Read moreMustard launches £4M investment vehicle to help build Africa-focused brands for global audience
Mustard, a London-based venture capital agency focused mainly on Africa, has launched a £4 million idea-stage investment programme to help...
Read moreInterswitch raises $110 million to help expand services across Africa
Africa's leading payment gateway, Interswitch has received $110 million in joint investment from LeapFrog investments and Tana Africa Capital to...
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