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Launched in 2024 by Maria Rotilu, “OpenseedVC operates at a sweet spot where startups with strong potential for success, partly based on the founder’s relevant execution ability, receive support.” The VC firm says its approach ensures that…

Cet article est aussi disponible en français First published 19 May, 2024 Kenya’s e-commerce sector, once a picture of growth and innovation, faces a harsh reality for businesses catering to other businesses (B2B). The sector seems to be…

In today’s edition: Nigeria withdraws cybersecurity levy || Copia faces a potential shutdown || Nigerian court rules for CBN’s social media handle linkage || Spiro has $50 million more to expand into Africa || NCC suspends issuing MNVO…

Nigeria’s central bank has withdrawn a controversial 0.5% cybersecurity levy three days before it was supposed to take effect.

Copia Global is considering laying off over 1,000 employees or shutting down, citing “uncertainties.”

“These days, you give thanks to God if you can afford two meals a day,” says Kafaru, a father of four who has been struggling to feed his family as inflation erodes his income.

Spiro has secured a $50m debt financing deal from Afreximbank to expand electric vehicles in Cameroon, Morocco and Uganda

African CEOs and leaders in Kigali want solutions built by Africans on the continent to drive the continent's digital economy....

ST Digital, a Cameroon-based digital infrastructure company will build additional data centres in Gabon, Cote d'Ivoire, and Togo to boost cloud services

According to Naspers, as CEO of iFood, Bloisi helped the company to become Brazil’s leading food delivery company.

In today’s edition: Flutterwave loses ₦11 billion in security breach || Inside Layi’s business of laughter || Jack Dorsey’s TBD teams up with Chipper Cash || Nigeria to open up shop in Silicon Valley || Funding tracker

JAMB has released new UTME results for 2024 exams. Check to see updates here:

"In April, we detected unauthorized activities inconsistent with usual customer behavior on one of

Now that Layi has established a strong presence on Instagram, he is working on expanding to other platforms like YouTube.

Musalia Mudavadi, Kenya’s foreign affairs minister, said the cargo was $8 million in old banknotes withdrawn from circulation by Trust Merchant Bank (TMB), a subsidiary of Kenya’s KCB Group, which was being transported to the US for…

In today’s edition: Kucoin halts naira P2P || Accion launches $152.5 million fund for digital transformation || Google releases new AI-powered updates at I/O event

JAMB has made significant changes in 2024 regarding assessing results via printing of result slip. See the new access modes:

There are two methods to access the JAMB admission list 2024, know your admission status, and respond accordingly. See them here:

You should ensure your name is on the JAMB Matriculation List after receiving any admission offer. See how to check now for 2024:

Food inflation also rose sharply to 40.53%, as shoppers continued to seek cheaper alternatives to expensive staples like rice, bread and yam. Increased electricity tariffs and ongoing naira depreciation further fueled inflationary…

“As part of ongoing efforts to enhance our services, Kucoin will temporarily suspend all p2p Naira services and Fast Buy service via Naira card,” the company said in a notification to users.

In today’s edition: Zimbabwe is bringing back mobile money agents || Nigerian ride-hailing drivers score a win || Bamboo debuts Nigerian stocks || Inside Credit Direct’s lending ambitions

Credit Direct, a digital lender whose name may not draw a flicker of recognition from most people, reported ₦4bn ($2.6 billion) in profits for 2023. It will likely exceed that number this year after recording ₦2.9 billion in pre-tax…

Companies on the list had to have revenues of at least $100,000 in 2019 and at least $1.5 million in 2022.

Uber, Bolt, and LagRide, three leading ride-hailing companies are not part of the agreement.

Data from Paystack showed that bank transfers represented 58% of transactions in Nigeria in 2023, up from 28% in 2022.

According to Oyinsan, the jury is still out on whether or not Africa can catch up to the rest of the world on the foundational level of AI. The major reason being that the continent doesn’t seem to have the resources—like technical…

In today’s edition: Nigeria wants to waive taxes for SMEs || Kenya proposes significant tax on digital marketplaces || Tanzania goes after unlicensed loan apps || Paga shifts gears to consumer app

15 years and billions of naira processed transactions later, Paga is refocusing on a mobile app it first launched in 2020. The Paga app, which the company says has 4.5 million users, allows users to create mobile accounts, pay bills, buy…

GTCO has named the Nigeria Exchange and London Exchange as institutions it will be looking to list its shares to raise additional $750m