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Johnstone Kpilaakaa

Johnstone is a journalist covering innovation and social responses in Africa. He is 2024 MTN Media Innovation Fellow at School of Media and Communication, Pan-Atlantic University in Nigeria. He was formerly a senior reporter at Condia.
Fintech

Traction raises $6 million seed, to scale its Nigerian operations

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

Opinion

WAJIC23: Experts advocate for ethical use of artificial intelligence in African newsrooms

Instead of shunning the adoption of AI, journalists and media professionals have been charged by digital experts to leverage the technology for efficiency in the newsroom.

News

Remedial Health raises $12 million Series A, to deepen its fintech offering for Nigerian pharmacies

Remedial Health has raised $12 million in debt and equity funding to deliver financial services for neighbourhood pharmacies in Nigeria.

News

“Binance operations in Nigeria are illegal,” SEC reiterates

Over a month after its circular banning the operations of Binance, the Securities and Exchange Commission (SEC) on Friday reiterated that the operations of the global crypto exchange are illegal in Nigeria.

News

Inside Olu Akanmu’s two years at Opay as President and co-CEO

Opay Nigeria has appointed Daudu Gotring, a former CBN director as its Managing Director following the resignation of Olu Akanmu after his two years run at the company.

Newsletter

BD Insider 173: Names of African startups in YC S23 confirmed

Meet the African startups in Y Combinator Summer 2023. We also cover the state of ID frauds in Africa and BasiGo's Rwandan expansion.

Opinion

6 African countries imposed internet restrictions in the first half of 2023

Today, billions of people are subjected to internet restrictions, which continue to increase at an alarming rate.

Opinion

Nigeria trails South Africa and Kenya in Africa’s B2B payment revolution — Report

Kenya leads the way in payment automation, with 83.4% of Kenyans stating that their payment system was either semi-automated or fully automated, compared to Nigeria (79.9%), South Africa (71.69%) and Ghana (67.23%).

Newsletter

BD Insider 172: CCI Kenya under fire for alleged sexual harassment

Africa’s largest call centre company is under fire for alleged sexual harassment. We also covered M-PESA's presence in South Asia and Sycamore's impersonation.

News

Rwandan digital retail startup Kasha raises $21 million Series B

Kasha, a Rwandan digital retail startup has closed a $21 million Series B round from Knife Capital, a South African venture capital firm.

News

Bundle Africa shuts down exchange service to focus on Cashlink

Effective September 2023, Bundle Africa's exchange service will cease to exist, the company says it will focus on its P2P platform Cashlink.

News

“An App impersonated us,” Sycamore reacts to FCCPC delisting, distances itself from “Get Loan”

Following FCCPC's delisting, Nigerian fintech Sycamore says it was impersonated by a predatory lender named “Get Loan”.

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