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News

Flutterwave Triumphs: Kenyan Court Releases $3 Million in Fintech Legal Battle

Damife IsaacFeb 5, 2024
With the funds released, Flutterwave's next move is to seek a payments and remittance licence in Kenya, where it currently operates through partnerships, including with Uber.
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MultiChoice Rejects Canal+’s $2.5 Billion Offer, Citing Undervaluation

Damife IsaacFeb 5, 2024
Vivendi, Canal+'s parent company, is experienced in hostile takeovers, having orchestrated at least two similar acquisitions.
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CBN Implements Sweeping Changes: Banks and Fintechs Restricted from International Money Transfers

Damife IsaacFeb 2, 2024
Banks were directed to limit FX exposure and sell excess dollars after a significant drop in the official naira rate. 
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Botswana Denies Starlink: Elon Musk’s Satellite Internet Application Hits Roadblock

Damife IsaacFeb 2, 2024
This rejection adds to Starlink's regulatory challenges in Southern Africa
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alGROWithm, Nigerian Startup, Secures Funding to Expand Growth Talent Accelerator Program Across Africa

Damife IsaacFeb 2, 2024
The expansion also introduces two new programs, GTAP Lite and GTAP Pro, designed for individuals and companies, respectively.
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Second Edition of Accelerate Africa Startup Support Program Now Accepting Applications!

Damife IsaacFeb 2, 2024
Attention, aspiring entrepreneurs!
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Canal+ Sets Sights on MultiChoice in $1.7 Billion Acquisition Bid

Damife IsaacFeb 2, 2024Mar 5, 2024
Canal+ remains optimistic, stating that a partnership with MultiChoice would lead to success and ensure a solid future for the company. 
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MTN Group Pledges $215 Million Investment in Benin’s Infrastructure Following Successful 5G Trial

Damife IsaacJan 31, 2024
CEO Mupita emphasised MTN's mission to be a positive force in every market it operates, providing hope, dignity, and opportunity.
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Bboxx Sparks Change: Relocates Headquarters to Rwanda in Bold Africa-First Move

Damife IsaacJan 31, 2024
With a focus on becoming one of the world's largest next-gen utility firms, the move to Kigali solidifies its position in Africa.
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AfriLabs Unveils Connect Deal Room, Elevating Local Investment Opportunities

Damife IsaacJan 31, 2024
At the 2023 Annual Gathering event, AfriLabs introduced the ACDR, a platform designed to simplify the investment process.
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