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Nigeria’s telecom sector is under severe financial strain, with surging costs and mounting losses pushing operators to call for an urgent tariff hike.
A new strategy focuses on grassroots efforts and personal engagement to drive mobile money adoption
Nigerian fintech, Sycamore has been reinstated as an approved digital lender in the country. This is coming barely a month after FCCPC erroneously delisted the company.
Four months after its launch, Accelerate Africa, a new accelerator program aiming to become the "Y Combinator of Africa," has selected its first cohort of 10 startups from Nigeria, Kenya, Egypt, and Eswatini.
inDrive started offering rides in Abuja in March 2023 and quickly became popular, with users averaging 212 rides each in the first few months.
Following the acquisition, Brass will continue to build and support its customers and grow with a new leadership team.
While phone calls remain the go-to method for online food delivery in Northern Nigeria, a growing appetite exists for a more streamlined approach. Vendors and users alike are craving an aggregator platform similar to the ones in the South.
Maëlle Gavet, who has led Techstars as CEO for three and a half years, has announced her resignation due to health concerns.
Microsoft and UAE's G42 want to invest $1 billion into Kenya to enhance connectivity in East Africa, as well as the establishment of a new East Africa Cloud Region.
We're starting with a story that's making waves in the global tech community: TikTok's move to automatically label AI-generated content on its platform.
ThriveAgric, facing a near shutdown in 2020, bounced back to become one of Africa's top 20 fastest-growing companies according to the FT ranking.
Nigeria has announced plans to launch a Startup House in the San Francisco Bay Area to drive investment and boost the visibility of the country's startup ecosystem.
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