Johnstone Kpilaakaa

“Equal gender representation should be the norm,” Mayokun Fadeyibi, SVP at Autochek West Africa, says

In this interview, Mayokun Fadeyibi, SVP at Autochek talks about the importance of equal representation and the M&A landscape in Africa.

Nine months after launch, Hytch shuts down following failed fundraising attempt

Nigerian logistics startup, Hytch has shut down barely nine months after it commenced operations with a ride-hailing offering, then fulfilment.

Zinox Technologies will supply digital assistants for Nigeria’s 2023 census

The Federal Government of Nigeria has awarded an ₦85 billion contract to Zinox Technologies to supply digital assistants for the 2023 national census.

Egypt’s Gameball secures $3.5M seed to double down on its CRM offering

Egypt-based Gameball has closed a $3.5 million Seed round led by 500 Global, P1 Ventures and Launch Africa, to accelerate product commercialisation, accelerate enterprise customer acquisition and strategic hiring.

Partech Africa II reaches oversubscribed first close at $262M

Doubling down on the success of its first pan-African fund, Partech has secured $262 million for the first close of its second Africa fund.

BD Insider, Letter 148: Sendy is ceasing on-ground operations in Nigeria

In BD Insider, Letter 148 examine the latest on Flutterwave's fraud allegations in Kenya and why Kenyan logistics startup, Sendy is ceasing on-ground operations in Nigeria.

Flutterwave cleared of fraud allegations in Kenya

About seven months later, Nigerian fintech, Flutterwave has been cleared of money laundering charges in Kenya.

In Malawi, mobile money users get scammed of about $117K monthly

According to Malawi Communications Regulatory Authority, cybercriminals steal about $117,000 via mobile money transfers every month.

South African digital lender Lulalend secures $35M series B

Lulalend, a South African digital lender has raised a $35 million series B, to launch a digital bank for SMEs

MNT-Halan secures $400M investment, becoming Africa’s latest unicorn

The Egyptian fintech and e-commerce company secured over $400 million in equity and debt financing from local and global investors.

BD Insider, Letter 147

In BD Insider, Letter 147, we examine licensed digital lenders in Nigeria, the amendment in Kenya's employment bill and the Nigerian trade union of Bolt, Uber and e-hailing drivers

Kenya licenses 12 more digital credit providers — making it 22

The Central Bank of Kenya has issued digital credit providers' licences to 12 more lenders in the digital loans market, taking the number of licensed digital lenders to 22.