Kredete Raises $2.25m
Nigeria’s financial software platform Kredete, which enables African immigrants to build credit scores and send money back home, has raised...
Menthum Launches USD Fixed-Income Fund
The startup, which secured an undisclosed pre-seed round of funding in July 2023, has now partnered with CI Asset Management to...
Wasoko, MaxaB Completes Landmark Merger
Previously known as Sokowatch, Wasoko closed a US$125 million Series B equity round in March 2022. It enables retailers to restock products...
Paybox Launches Financial Services App Buddy
PayBox is driving innovation in cross-border payment and fund transfers across more than 23 African countries for SMEs. The Buddy mobile application leverages...
Mass MTN SIM Disconnections Tied to Incomplete or Mismatched NIN Registrations
The disconnections follow Nigerian regulators' push for the NIN-linkage policy initiated in December 2020.
Intron Health Raises $1.6 Million to Revolutionise Healthcare Transcription in Africa
At the University College Hospital in Ibadan, Intron Health's solution has reduced radiology report turnaround times from 48 hours to just 20 minutes.
Nigeria’s Federal Court Drops ₦30 Billion Lawsuit Against Meta
Had ARCON won, Nigerian businesses would have borne the brunt, likely facing higher advertising costs.
Nigerian Regulator Hits Meta with $220M Fine for Data Misuse
Despite the dispute, Meta has cooperated with the investigation.
LULA Acquires Zeelo to Expand South African Ride-Hailing Services
LULA aims to leverage Zeelo's network of over 18,000 riders to expand its presence in South Africa.
Logidoo, the Pan-African logistics startup, wins a $50,000 grant for AI solutions
Logidoo, a logistics startup that helps eCommerce businesses in Africa with cross-border services, just got a $50,000 grant. This money...