Johnstone Kpilaakaa

Kobo360 makes top executive appointments, as Obi Ozor steps down

Nigerian logistics startup, Kobo360 has appointed Fola Adeola, Cikü Mugambi and Ayo Fashina to top executive roles following the resignation of Obi Ozor as CEO.

BD Insider 178: Moniepoint enters Nigerian retail banking market

The fintech company is rolling out a consumer app and debit card that will enable personal banking transactions.

Amazon launches the first non-US-based Skills Centre in South Africa

Amazon has launched the first AWS Skills Centre based outside of the US, in South Africa, to deliver free training for learners in the region.

Olumide Balogun is Google’s new director for West Africa

Google has appointed Olumide Balogun, its former head of consumer apps for Sub-Saharan Africa, as Director for West Africa.

Tinubu appoints CcHUB’s ‘Bosun Tijani as minister of digital economy

Two weeks after he was named a minister-designate, CcHUB’s co-founder and CEO 'Bosun Tijani has been appointed as Nigeria's minister of communications, innovation, and digital economy.

African countries rank lowest on the AI readiness index globally

According to a report by Oxford Insights, African countries rank lowest on the AI readiness index globally. However, Mauritius, South Africa, and Seychelles are leading the drive.

Mastercard to acquire a minority stake in MTN’s $5.2 billion fintech business

Global payments company, Mastercard has agreed to purchase a minority stake in MoMo, MTN’s $5.2 billion fintech business.

Founders Factory Africa secures $144 million to back more early-stage startups

South Africa-based venture builder, Founders Factory Africa has secured $144 million to scale its hybrid investment model across Africa.

BD Insider 177: Nine Nigerian digital lenders delisted by FCCPC

Nigerian fintech, Sycamore has been added back to the list of approved digital lenders. This letter also covers Kobo360's CEO appointment as commissioner in Enugu state.

BD Insider 176: Algerian super app, Yassir signs global partnership with PSG

Yassir has signed a global partnership with PSG. We also covered Nigerian artistes’ revenue on Spotify, the issues at Dash, and other stories.

Kobo360 CEO is now Enugu’s commissioner of transport

Enugu state governor, Peter Mbah, has appointed Obi Ozor, the co-founder and CEO of Kobo360, as the commissioner of transport.

Harvard-AWS NextGen Accelerator backs 12 student-owned African startups

Harvard Innovation Labs and Amazon Web Services have selected 12 African student-led startups for the inaugural NextGen Accelerator.