Nigeria’s SEC Proposes Major Changes Shaking Up Crypto Industry
This move is likely to impact both existing exchanges and potential newcomers, raising concerns about accessibility within the industry.
Zone, Nigerian Blockchain Startup, Raises $8.5 Million in Seed Funding
With the recent funding, Zone plans to expand its services domestically and pilot cross-border transactions in 2025.
Chipper Cash Slashes US and UK Jobs Following US Service Suspension
Some important people, including executives, were affected by this decision.
Bolt Brings Easy Rides to Kinshasa, Congo!
Bolt's not shy about their goals. They want to shake up transportation in the DRC, making it easier for everyone to get around.
Internet Outages Plague Africa Due to Undersea Cable Damage
Nigeria experienced disruptions too, affecting bank transactions via apps and USSD codes. Ivory Coast's major providers, Orange CI and MTN, reported similar issues.
Binance Executives Detained by Nigerian Government Finally Identified
Despite efforts by US and UK representatives, the executives remain under guard without the opportunity for private conversations.
Interswitch and M-Kudi Merge for Banking License
With a PSB licence, Interswitch, which made $42 million last year, can deal in foreign money and offer banking services directly.
Simera Sense Secures €13.5 Million Funding to Expand Satellite Camera Solutions
The funding will also support the expansion of Simera's product development teams, enabling faster creation of higher-resolution and SWIR camera products.
Maliyo Games Makes History as First African Developer to Partner with Disney
This game celebrates Nigeria's delicious cuisine, with players cooking up dishes like Jollof Rice, a popular West African favourite.
Bimalab Africa Receives $600K Boost to Expand Into 5 More African Nations
One big reason for this initiative is the huge gap in insurance coverage in Africa. In 2022, 80% of losses from natural disasters weren't covered by insurance.