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30-10-2014 23:52:00 | by: Administrator | hits: 32564769 | Tags:

Workonline Communications establishes new point-of-presence in Nigeria
01-02-2023 | 07:42:43
The new megaPoP went live late last year, ready to provide 10 Gbps and 100 Gbps services at Rack Centre in Lagos, West Africa's best-connected datacentre.
Nigeria launches payments card program to rival Visa and Mastercard
30-01-2023 | 12:37:00
The Central Bank of Nigeria (CBN) has launched a national domestic payments card program called AfriGo, meant to help the country gain a competitive edge in a market dominated by Visa and Mastercard.
AfricInvest Fund IV invests in Justrite, a leading Nigerian retail store, to support footprint expansion
30-01-2023 | 12:18:00
Justrite company provides everyday essentials, such as groceries, confectionaries, and clothing to consumers in largely underserved neighborhoods.
[Interview] Chris Okoro, CEO, Eunisell Interlinked, Nigeria
30-01-2023 | 11:46:00
Chris Okoro is an entrepreneur and business strategist skilled in the Financial Services and Engineering sector. He's currently the Managing Director and CEO of Eunisell Interlinked Plc., Nigeria.
Africa Plus Partners lists carbon mitigation fund on Nigerian Exchange
25-01-2023 | 13:14:47
In another significant move towards championing sustainable investing in Africa, Nigerian Exchange Limited (NGX) has announced the listing of Africa Infra Plus Fund (AIPF I), a 20.5bn closed-end infrastructure fund, on the Exchange commemorated with a Closing Gong Ceremony.
Fincra receives commercial licence from CBN to operate as a Payment Service Solution Provider
25-01-2023 | 13:13:00
Fincra has received its commercial Payment Service Solution Provider (PSSP) licence from the Central Bank of Nigeria (CBN).
Nigeria, Egypt and Kenya to be among the top 10 countries to benefit from adaptation investment, study
25-01-2023 | 10:42:00
Failure to invest the bare minimum needed to withstand projected climate damage could cost emerging markets hundreds of billions in climate damages and lost GDP growth this decade, according to a new study by Standard Chartered.
Samata Capital, Future Africa et al. to invest in Uncover Skin Care
19-01-2023 | 11:52:00
Advancing Women in Investing (AWI) is excited to be part of the $1 million seed round for Uncover alongside FirstCheck Africa, Future Africa, and IgniteXL as well as angel investors ex-SokoWatch COO Kwenhui Tawah and WPP Scangroup CEO Patricia Ithau.
Aruwa makes follow-on investment in AgroEknor
19-01-2023 | 10:49:00
Aruwa Capital Management to announce a follow-on investment into AgroEknor International, a fast-growing hibiscus flower exporter and wellness brand.
How investing abroad can help Nigeria grow, Commonwealth of Dominica
17-01-2023 | 08:35:00
With the economic and political uncertainty that so many Nigerians are feeling about the upcoming elections, many affluent businesspeople are considering whether to continue investing their hard-earned money further in the country or invest elsewhere.
[Nigeria] NCDMB launches quality control and assurance labs for oil and gas
17-01-2023 | 07:58:31
Other Laboratories at the complex include Research, Development & Incubation, Crude Assay, PVT Laboratories, Well Intervention Workshop, Reservoir Office and a Library.
Yinson completes 16-year contract for FPSO Adoon offshore Nigeria
17-01-2023 | 07:52:00
Yinson Production (YP) announced it has successfully completed the 16-year contract for FPSO Adoon, which has been operating at Block OML 123 offshore Nigeria.
Airtel Nigeria buys 5G spectrum for network expansion in Africa
16-01-2023 | 12:15:00
Airtel Africa announced that its Nigerian subsidiary, Airtel Networks (Airtel Nigeria), has purchased additional spectrum for network expansion in Africa.
[Interview] Temitope O. Oguntosin, CTO, Femsin Technologies Solutions, Nigeria
16-01-2023 | 11:38:00
Femsin Technoloigies Solutions Limited is an IT solution company based in Lagos. Temitope O. Oguntosin, the company's CTO, in an interview with Africa Business Communities talks on the state of the company as well as its future growth strategies.
Access Bank Nigeria abandons plans to acquire Sidian Bank in Kenya
16-01-2023 | 10:29:00
Access Holdings had earlier announced that its flagship subsidiary, Access Bank Nigeria, had entered into a binding agreement with Kenyan-based Centum Investment, for the acquisition of the entire 83.4% shareholding held by Centum in Sidian Bank.
[Nigeria] Fintech firm TeamApt reaches an annualized payments volume of $170 billion, rebrands to Moniepoint
16-01-2023 | 09:28:00
The Moniepoint brand is already an established and trusted name among its customer base in Nigeria, and adopting it as the name means one less layer between the brand and the people it intends to serve.
Bolt to Pioneer Ride-Now Pay-Later Services in Nigeria
16-01-2023 | 07:03:00
Ride-hailing company Bolt has partnered with Nigerian fintech firm CredPal to introduce ride-now pay-later services to its customers.
[Nigeria Business Week] Andrea Ayemoba: 2022 statistics outline Nigeria's economic status quo
13-01-2023 | 12:48:00
Despite all the setbacks plaguing economies the world over, Nigeria’s GDP for 2022 is projected to be north of $500billion, the largest in Africa. All eyes are now turned to what these next 12 months could bring Africa’s largest economy.
10 African climate change startups receive $2m investment from Catalyst Fund
12-01-2023 | 05:52:00
Pre-seed venture capital (VC) fund and accelerator Catalyst Fund has announced a $2 million investment in 10 startups developing solutions to improve the resilience of communities most vulnerable to climate change in Africa.
PGS supports Nigerian Mini Bid Round with 3D coverage over seven blocks on offer
10-01-2023 | 09:16:29
PGS announced it will support the recently announced Nigeria 2022 Mini Bid Round with an excellent range of 3D coverage over the seven blocks on offer.
Dolphin Drilling announces new Letter of Award for Blackford Dolphin in Nigeria
10-01-2023 | 08:47:12
Dolphin Drilling announced that Blackford Dolphin has signed a Letter of Award (LOA) for additional work in Nigeria in direct continuation with the previously announced contract with General Hydrocarbon Limited (GHL).
[Nigeria] Agri-tech startup Releaf secures $3.3 million Pre-Series A funding
09-01-2023 | 11:54:00
Releaf, a Nigerian agri-tech startup that makes it easier for consumer goods manufacturers in Africa to access high-quality ingredients for their factories, has raised $3.3 million in an oversubscribed Pre-Series A funding round
Afreximbank opens first African Quality Assurance Centre in Nigeria
09-01-2023 | 09:55:00
The African Export-Import Bank (Afreximbank) opened the first African Quality Assurance Centre (AQAC) in Ogun State, Nigeria, as part of its initiative to develop world-class quality assurance centres across Africa.
[Nigeria] Afreximbank’s FEDA receives approval to acquire strategic minority stake in Geregu Power
05-01-2023 | 09:37:46
As part of its intervention efforts in the Africa’s energy sector, FEDA has made a strategic decision to support leading energy platforms across Africa, including the renewables and transition fuels sectors.
[Startup Interview] James Adebisi, Founder, Oruis Medical, Nigeria
23-12-2022 | 12:23:35
Orius Medical is a Nigerian health startup that provides mental care and support through psychotherapy and mental health education.
FMN-Golden Agri Limited awarded 500 million Naira in to improve the production of maize and soybean in Nigeria
19-12-2022 | 12:37:01
The USAID-funded West Africa Trade and Investment Hub (Trade Hub) has awarded 562.9 million naira in co-investment grants to Golden Agri – Inputs Limited (GAIL), a wholly owned subsidiary of Flour Mills of Nigeria Plc (FMN).
[Nigeria] Digitization propels rating of Access Bank to top position
15-12-2022 | 12:58:00
Access Bank a full-service commercial Nigerian bank has modernized its IT infrastructure, helping to propel the bank’s rating from 65th in the country to number one.
VC fund Ventures Platform closes its pan-African and early-stage fund, at $46M
15-12-2022 | 12:41:00
Ventures Platform, a pan-African early-stage Venture Capital firm has today announced the final close of its intercontinental fund, at $46M.
[Nigeria] Online furniture store Taeillo raises $2.5 million for expansion
15-12-2022 | 07:27:00
Nigerian online store Taeillo has announced a $2.5 million funding round from Aruwa Capital, a growth equity and early-stage investor.
Klasha launched menstrual leave policy for employees
14-12-2022 | 15:00:53
Klasha to announce a new menstrual leave policy for Klasha’s female employees — a first of its kind for a technology company operating in Nigeria.
[Nigeria Business Week] Andrea Ayemoba: Investments take priority over all
09-12-2022 | 12:41:37
With global inflation spiraling out of control, every country is working harder than ever to welcome new enterprise and business. Nigeria made great progress in this in recent months.
African tech startup SeamlessHR picks Nairobi as its East African Hub
09-12-2022 | 07:09:00
SeamlessHR is an end-to-end HR and Payroll technology focused on helping businesses in emerging markets increase their productivity by deploying well-designed, world-class technology solutions.
African Business Roundtable, Nigeria organisent un forum qui permet de récolter plus de $2 milliards d'investissements au Nigeria.
08-12-2022 | 12:38:00
L'African Business Roundtable, en partenariat avec le gouvernement fédéral du Nigeria, a accueilli le Nigeria International Partnership Forum à New York, en marge de l'Assemblée générale des Nations unies.
Jumia has announced leadership changes to support its journey towards profitability
08-12-2022 | 09:44:00
New leadership appointed with a plan focused on path to profitability and e-commerce fundamentals.
MTN named the most compliant listed company on the Nigerian Exchange
08-12-2022 | 06:17:00
The award recognises the listed company with the highest levels of compliance with the Rules of The Exchange and other applicable laws and regulations.
FedEx establishes direct presence in Nigeria to support customers with international trade
08-12-2022 | 06:11:01
FedEx Express (FedEx), a subsidiary of FedEx Corp. and the world's largest express transportation company, has announced that it has established a direct commercial presence in Nigeria, to meet the country's growing international shipping demands.
The first investment of the Mastercard Foundation Africa Growth Fund goes to Aruwa Capital Management
07-12-2022 | 12:50:55
The first investment of the Mastercard Foundation Africa Growth Fund goes to Aruwa Capital Management, a gender-lens 20mUSD fund dedicated to Nigeria's SMEs, managed by a first-time woman-led fund manager.
Access Bank to acquire the majority shares in FINBANCO Angola
07-12-2022 | 11:14:13
Access Bank Pic to acquire a 51% majority shareholding in Finibanco Angola S.A , well-capitalised full-service commercial bank with over 20 branches and around US$300 million in total assets that has operated in Angola since 2008.
Over half of businesses in Nigeria planning to expand locally despite supply chain and cyber-security challenges, report
07-12-2022 | 10:11:47
As part of the Equinix 2022 Global Tech Trends Survey, 100 business leaders in Nigeria were interviewed about the opportunities and challenges their organizations are facing – and their plans for the future.
[Nigeria] NCDMB trains 500 youth on GSM technology
06-12-2022 | 08:57:08
In a bold initiative to reduce the high rate of youth unemployment in Bayelsa State, the Nigerian Content Development and Monitoring Board (NCDMB) has launched the training of 500 youths on GSM phone repairs, software and entrepreneurship development.
African Business Roundtable, Nigerian Government host forum that rakes in over $2b investments into Nigeria
05-12-2022 | 21:20:00
The African Business Roundtable in partnership with the Federal Government of Nigeria hosted the Nigeria International Partnership Forum in New York, in the sidelines of the United Nations General Assembly.
[Nigeria] VENCO secures $670,000 pre-seed funding
05-12-2022 | 12:41:00
VENCO, a technology company that provides solutions to enhance living experiences in residential and commercial communities in Africa, has secured $670,000 in an oversubscribed pre-seed funding round.
Tingg by Cellulant won merchants payment company of the year in Nigeria
01-12-2022 | 13:07:00
Tingg by Cellulant won merchants payment company of the year at the 2022 Nigeria BusinessDay Banks and other Financial Institutions (BAFI) Awards
First Nigerian Communications Commission’s Digital Park nears completion
01-12-2022 | 13:02:08
The parks are also designed to provide broadband services and to have access to constant power supply.
Tantech exports customized midibuses to Nigeria
01-12-2022 | 08:36:05
Tantech Holdings Ltd has announced that its subsidiary, Shangchi Automobile Co., Ltd., had received a second order from Nigeria to export 6 additional fully customized midibuses within 60 days.
[Nigeria] Food-tech Orda raises $3.4 million seed round to digitize African restaurants
01-12-2022 | 04:05:00
Nigerian food-tech platform Orda announced has raised a $3.4 million seed round to further digitize food businesses across the continent.
Meta unveils a 360-campaign focused on metaverse entry points for African creators
29-11-2022 | 10:54:06
Meta recently invited top Nigerian content creators to a first-of-its-kind mixed reality event showcasing creativity and imagination as keys to the Metaverse.
Nigerian fintech startup, Pivo has closed a $2 million seed for its expansion in Nigeria and East Africa
28-11-2022 | 11:21:00
Nigerian fintech startup, Pivo, has closed a $2 million seed round that included participation from Precursor Ventures, Vested World, Y Combinator, FoundersX, and Mercy Corp Ventures.
Liquid Intelligent Technologies announces official entry in Nigeria
28-11-2022 | 10:18:00
Liquid Intelligent Technologies is officially entering the Nigerian market. The firm says its entry into the West African country will give new impetus to the country and region’s digital transformation journey
Nigeria and Ghana conclude first successful transaction through the Pan-African Payment and Settlement System
28-11-2022 | 08:54:58
PAPSS allows African importers to make real-time payments to suppliers, by eliminating the need to convert the amount to be transferred to their counterparts in a third (hard) currency first, such as US dollars or Euros.
Africa is one of the world's fastest growing crypto markets
26-11-2022 | 16:17:00
Analysis by blockchain data platform Chainalysis has revealed that Africa’s crypto market is growing faster than anywhere else in the world.
[Nigeria] NCC- CSIRT urges adoption of two-factor authentication as Somnia Ransomware targets Telegram accounts
25-11-2022 | 12:44:48
In response to the discovery of a new attack that compromises victims’ VPN accounts to compromise messaging app, Telegram, the NCC-CSIRT has advised users to adopt two-factor authentication to protect their Telegram accounts.
UBA’s Gross earnings hit $1.4bn with 12.3% growth in profit
24-11-2022 | 10:04:34
In its financial report filed with the Nigerian Stock Exchange (NSE), UBA reported a 12.3% rise in Profit Before Tax to close at $318.4 million compared to $283.7million recorded at the end of the third quarter of 2021, while Profit After Tax also rose significantly by 10.9% to $266.6 million up from $240.4 million recorded a year earlier, thus sustaining its annualised return on average equity for Q3 2022 at 19.2%.
Les 8 nouveaux pays africains rejoignent le programme MultiChoice Africa Accelerator
24-11-2022 | 08:25:00
Un coup de pouce de plusieurs millions de dollars pour les petites entreprises alors que de nouveaux pays africains rejoignent le programme MultiChoice Africa Accelerator.
Ethiopian innovator emerges as winner of USAID-Funded Food Safety Challenge
24-11-2022 | 07:52:00
The USAID-Funded Food Safety Challenge aims to enable lasting improvements in the safety of nutritious foods in Ethiopia and Nigeria, and over 750 applications were received.
USTDA, Zipline partner to expand West African healthcare access through drone technology
22-11-2022 | 13:40:00
The U.S. Trade and Development Agency (USTDA) announced it has awarded a grant to Fly Zipline Ghana, for a feasibility study to expand healthcare access in Ghana and Nigeria using unmanned aerial vehicles.
To promote inclusive and sustainable development, Nigeria needs to fix its public finances, World Bank
21-11-2022 | 13:50:00
Macroeconomic and fiscal reforms are urgently needed to lift Nigeria’s development outcomes, which are severely constrained by inefficient use of resources, argues the new Nigeria Public Finance Review report.
Telcables enters Nigerian market to power connectivity and develop localised ICT solutions
21-11-2022 | 04:58:00
The Telcables team will work with local network service providers, metro networks and operators to develop and deploy localised ICT solutions powered by the Angola Cables’ global network.
Nigerian money app Kuda launches in the UK
18-11-2022 | 13:36:00
Nigerian money app Kuda, announced it is launching in the UK as part of a global expansion drive with a view to serving the cross-border transfer needs of UK-based Nigerians.
[Nigeria Business Week] Andrea Ayemoba: Local fintech spreads to East Africa, oil and gas find major milestone
18-11-2022 | 12:08:00
Nigeria, like other countries of the world, is going through some economically turbulent times. Inflation is on the rise (recently pegged at 21.9%) and local startups are directly impacted by financial crises on the other side of the world.
General Electric’s upgrade boosts power plant’s output at Nigeria’s Indorama Eleme Petrochemicals
17-11-2022 | 12:14:59
This modernization increased the turbine’s output by 5.1 Megawatts (MW), more than doubling the previously expected power output increase of 2.5 MW - and effectively bringing the cumulative power increase on all three turbines to over 10 MW.
UTM Offshore to set a natural gas milestone with Nigeria
16-11-2022 | 08:00:30
UTM Offshore to sign an agreement for the Front-End Engineering Design (FEED) for Nigeria's first Floating Liquefied Natural Gas (FLNG) facility with engineering firms KBR, JGC Corporation and Technip Energies.
Africa Business Communities Forum: Quels seront les pays Africains plus performants sur le plan économique en 2022?
14-11-2022 | 13:30:00
Africa Business Communities s'est entretenu avec plusieurs entrepreneurs et fondateurs au cours des premiers mois de l'année, et ils ont voté pour déterminer quels pays africains seront les plus prospères en 2022.
Africa Business Communities Forum: Which African countries will perform best economically in 2022?
11-11-2022 | 14:25:00
Africa Business Communities talked to several entrepreneurs and founders in the early months of the year, and they cast their votes on which African countries will thrive best in 2022.
Oikocredit invests $1m in Standard Life Organisation to support low-income entrepreneurs in Nigeria
11-11-2022 | 08:47:00
Social impact investor and worldwide cooperative Oikocredit is providing a three-year term loan of $1 million to Standard Life Organisation, to empower low-income households and communities through financial services and capacity building.
Tizeti and Eutelsat collaborate to bridge Nigeria’s digital divide with community satellite broadband
11-11-2022 | 07:14:50
The two companies announced during the sidelines of the AfricaCom 2022 trade fair that they will deploy Eutelsat’s KA-band satellite connectivity, Konnect, to reach remote communities throughout Nigeria and provide fast, and affordable internet services.
[Nigeria] Mastercard signs deal with Lagos State Employment Trust Fund to drive digital financial inclusion for MSMEs
10-11-2022 | 09:51:55
The MoU will boost the capacity of MSMEs to grow their businesses while supporting the startup fintech community in Lagos.
[Nigeria] Africa Data Centres extends edge cloud capability through Unitellas partnership at Lagos facility
10-11-2022 | 06:36:00
Africa Data Centres has announced that enterprise cloud services provider Unitellas will be bringing Zadara’s global federated edge service to its new facility in Lagos, Nigeria.
MAX launched its services in Ghana
08-11-2022 | 22:44:36
MAX, a leading mobility and technology company, has announced its entry into the Ghanaian market with the appointment of David Hoyme as Director of International Growth and Expansion.
NCC inaugurates committee to accelerate broadband infrastructure deployment in Nigeria
08-11-2022 | 13:19:48
The Nigerian Communications Commission (NCC) has inaugurated an industry-wide committee to facilitate the deployment of broadband infrastructure under a National Communications Backbone (NCB) project.
AfDB issues $50m credit line to FCMB to support SMEs and women-owned businesses in Nigeria
08-11-2022 | 08:46:00
The African Development Bank signed an agreement with First City Monument Bank (FCMB) for a $50 million line of credit to support access to finance for small and medium-sized and women-empowered enterprises in Nigeria.
Radisson Hotel Group continues to strengthen its presence in Africa
07-11-2022 | 10:06:00
Radisson Hotel Group plans to strengthen its already impressive presence in Africa. The Group has ambitious plans to reach 150 hotels and 25,000 rooms within the next five years across the continent, making Africa a key region for growth.
Mycredit Investments Ltd to announce the repayment of N3.7 billion to private note investors
07-11-2022 | 09:54:00
MyCredit Investments Limited, (FairMoney) has announced the redemption of N3.7 Billion in aggregate principal amount of its 18% Series II Private Notes to various reputable institutional & HNI investors.
Amazon Web Services sets up shop in Nigeria as second African office
07-11-2022 | 09:35:00
The opening of the Lagos office comes five years after its first office in Johannesburg was opened in 2017.
[Nigeria] Lending startup Payhippo acquires Maritime Microfinance Bank
07-11-2022 | 06:11:00
Nigeria’s credit-led SME fintech Payhippo has acquired Maritime Microfinance Bank (MFB), a financial institution specializing in saving products, demand deposits, and investments as well as micro and SME loans.
[Nigeria] AfDB, First City Monument Bank sign $50 million credit deal to bolster finance access for SMEs
07-11-2022 | 05:02:00
FCMB will use the line of credit to expand lending activities that will boost the country’s post-pandemic economic recovery and drive more inclusive and climate-resilient growth
Dalu Ajene appointed CEO of Rand Merchant Bank Nigeria
04-11-2022 | 08:30:00
Dalu Ajene has been appointed Chief Executive Officer of Rand Merchant Bank (RMB) Nigeria from the 1st of November 2022 and aims to facilitate greater foreign capital flows, while working to deliver constructive solutions to leading businesses across critical sectors in Nigeria.
Dutch fintech venture Yabx expands into Nigeria
04-11-2022 | 06:58:00
Yabx, a FinTech venture headquartered at Netherlands, has announced its foray into Nigerian markets with a mission to democratize credit across the country with its digital lending offerings.
Fidelity Bank partners with BOSS Money to boost diaspora remittances
03-11-2022 | 11:44:21
As part of its strategy to provide seamless disbursement options to its over 7 million customers, leading financial institution, Fidelity Bank Plc, has partnered with BOSS Money, a fast-growing provider of money transfers in the United States.
[Nigeria] Amazon Web Services opens its second African office in Lagos
03-11-2022 | 09:41:00
Amazon Web Services (AWS) has opened its second-largest office in Africa in Lagos, Nigeria five years after setting up a similar office in Johannesburg, South Africa.
Kenya, Nigeria and South Africa lead fintech growth in Africa, Mastercard report reveals
03-11-2022 | 09:31:00
A report by payment services company Mastercard has revealed that South Africa, Nigeria and Kenya are among the most vibrant fintech markets in the continent.
Fidelity Bank partners with Invest Africa to showcase the Nigeria's non-oil exports
03-11-2022 | 07:43:28
Fidelity Bank Plc has announced plans to host the maiden edition of the Fidelity International Trade and Creative Connect (FITCC) in partnership with Invest Africa.
Fidelity Bank supports Pinnacle Oil and Gas to ease petroleum products distribution nationwide
03-11-2022 | 07:40:00
The newly commissioned terminal which will focus on efficient petroleum products distribution is valued at over $1billion and was financed by a consortium of Nigerian banks led by Fidelity Bank Plc.
[Nigeria] CardinalStone Capital Advisers announces a $6m investment in healthtech startup AfyA Care
03-11-2022 | 06:42:00
West African private equity fund manager, CardinalStone Capital Advisers (CCA), has announced a $6 million investment in Nigeria's healthtech startup AfyA Care as part of the company’s Series A capital raise.
New partnership between Moneda Invest Africa and National Oil Company of Namibia
02-11-2022 | 11:25:00
Africa Energy Week 2022 ends on a progressive note with a partnership between Nigerian Energy Accelerator, Moneda Invest Africa and National Oil Company of Namibia [Namcor] on local content development and energy financing.
Fintech innovator TSLC launches its neo-banking platform in Nigeria
01-11-2022 | 10:45:00
The Social Loan Company (TSLC) announced that its transformative TSLC Platform Services, has gone live in Africa through two partnerships in Nigeria to improve financial inclusion in the region.
NDPB, FCCPC have signed MoU on consumer rights and data protection
31-10-2022 | 15:14:09
The goal is to protect consumer rights and personal data as well fostering healthy trade competition within the Nigerian economic space.
Herconomy expands into a fintech startup with new offerings for African women
31-10-2022 | 14:59:00
Within 24 hours of an Instagram post by its founder, Ife Durosimi-Etti, the community-based startup raised $600,000 in funding to scale its SaaS product that offered women continued access to career opportunities and discounts from selected brands.
AfriLabs joins the Smart Africa Alliance
31-10-2022 | 14:47:26
AfriLabs, the largest Pan-African network of technology and innovation hubs has joined the Smart Africa Alliance in a partnership aimed at guiding and advancing the basic framework to develop the startup ecosystems across the continent.
Kuda Bank confirms expansion plans to UK and Ghana
31-10-2022 | 14:37:02
Kuda Technologies had officially acquired more than 4.6 million customers and has strategic plans to extend its operations to the United Kingdom, Ghana, and Uganda as soon as regulators give their approval.
Touch and Pay wins $50,000 Ecobank Fintech Challenge 2022
31-10-2022 | 07:12:00
Touch and Pay a Nigeria-based fintech has won the 2022 edition of the Ecobank Fintech Challenge.
[Nigeria] Banker and regulator agree Chat Commerce can radically shift financial inclusion
31-10-2022 | 05:02:00
Clickatell discussed with attendees at Clickatell’s Connect Interact and Transact (CIT) annual event earlier this month how they could drive financial inclusion and reach their revenue goals by adopting Chat Commerce.
EIB backs MTN Nigeria with €100m for high-speed network expansion
28-10-2022 | 11:50:00
The European Investment Bank (EIB) has agreed to €100 million financing with MTN Nigeria to support the telecommunications company’s network expansion programme.
Moove has raised £15 million from Emso Asset Management to scale it's UK fleet
26-10-2022 | 12:49:00
Moove, the world’s first mobility fintech and Uber’s largest vehicle supply partner in EMEA, is announcing it has raised £15 million in debt financing from Emso Asset Management
AfDB, partners launch special agro-industrial processing zones to transform Nigeria’s agriculture
26-10-2022 | 09:01:00
African Development Bank and partners launched $520 million special agro-industrial processing zones to transform Nigeria’s agriculture
Afreximbank has executed a term sheet with Amni International Petroleum Development Company Ltd
26-10-2022 | 08:39:43
Afreximbank Signs US$635-Million Reserve-Based Facility Term Sheet with Amni International Petroleum Development Company Ltd.
African-centric biobank MyAfroDNA begins operations in Nigeria
25-10-2022 | 16:19:55
MyAfroDNA, a company that provides a solution to the significant lack of African representation in translational and genomics research, has officially begun operations in Southern Nigeria.
Lifestores Healthcare clôt sa pre-série A de 3 millions de dollars menée par Health54
25-10-2022 | 11:05:00
Avec une sursouscription de 50 %, cette levée de fonds marque le premier investissement de Health54, véhicule de capital risque dédié au secteur de la santé du groupe CFAO, dont la division CFAO Healthcare est le plus grand distributeur de produits et services pharmaceutiques en Afrique subsaharienne.
Nigerian social commerce startup Bumpa raises $4m seed funding to build the future of commerce for African sellers
25-10-2022 | 09:22:00
Nigerian social commerce startup Bumpa has raised $4 million seed round led by Base10 Partners, the largest black-led fund in the world, with participation from Plug & Play Ventures.
Nigeria Special Agro-Industrial Processing Zones initiative to be launched today
24-10-2022 | 06:48:11
The President of Nigeria, Muhammadu Buhari, jointly with the African Development Bank, the Islamic Development Bank and the International Fund for Agricultural Development will launch today the Special Agro-industrial Processing Zones (SAPZ) initiative for Nigeria.