Johnstone Kpilaakaa

Almouneer secures $3.6M to tackle diabetes and obesity prevalence in Africa

Egyptian healthtech, Almouneer has raised a $3.6 million seed to address the growing prevalence of diabetes and obesity in Africa.

Japa ranks among the top 3 savings goals for Nigerians, PiggyVest says

The emigration from Nigeria, often referred to as "Japa," ranks as the third most common savings goal among Nigerian income earners, according to the PiggyVest Savings Report 2023.

MarketForce enters Kenya’s social commerce scene, aims to boost profits

Kenyan B2B e-commerce startup, MarketForce, is set to broaden its presence by entering the country's social commerce market.

BD Insider 207: Kenya ditches visa requirement for all Africans

Starting in 2024, Kenya will be visa-free to African visitors. We also explored the shuttering of African logistics startups and the downscaling at MarketForce.

Buy Now, Pay Later alternatives for gadget purchases in Africa

We curated a list of BNPL platforms in Africa that allow shoppers to purchase smartphones and gadgets via a deferred payment plan.

Nigerian banks restrict transactions to neobanks amid rising fraud concerns

Nigerian Banks such as Fidelity and Standard Chartered have imposed transaction restrictions on neobanks like Moniepoint, Kuda, Opay, and PalmPay, citing mounting concerns over fraud.

BD Insider 204: DLM Trust temporarily halts duties as Patricia’s escrow trustee

Patricia's escrow trustee has paused its appointment. We also covered the $72.5 million tax fine imposed on MTN Nigeria.

“Misleading”, Patricia speaks on its physical operations in Nigeria

Estonia-based crypto exchange, Patricia said that it started full remote operations in 2020, contrary to allegations that it has absconded its Lagos office.

Breaking: Kippa set to downsize workforce and cease offline payments product

Nigerian fintech startup, Kippa plans to lay off an undisclosed number of its workforce at the end of the year. This follows the discontinuation of its offline payment product, KippaPay.

BD Insider 202: Patricia seeks to swap owed funds for company shares

Patricia is still struggling to repay debts. We also covered the MoU between Syndicate Bio and the Nigerian Institute of Medical Research.

Syndicate Bio signs drug research MoU with Nigerian Institute of Medical Research

Syndicate Bio has partnered with the Nigerian Institute of Medical Research to conduct drug discovery research on infectious and non-infectious diseases.

Adbot and MTN partner to offer automated digital ad services to Nigerian SMEs

MTN Nigeria has partnered with Adbot, a South African adtech startup, to enhance the online visibility of Nigerian SMEs through MTN’s Thryve Google Ads services, which provides 1Gb of data, a minimum of 10 website conversions, and 500 ad views on Google.