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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.
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25 days in detention: Binance execs still held in Nigeria

The duo identified as Tigran Gambaryan, who leads their criminal investigations team, and Nadeem Anjarwalla, the company's regional manager for Africa, were arrested by the office of the national security adviser hours after they arrived in Abuja, the country's capital to discuss the government's recent restrictions on cryptocurrency exchanges.

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Uber and Nigeria’s tech hub at odds over data sharing policy

Lagos, Nigeria's tech city, is cracking down on global ride-hailing leader Uber for non-compliance with its data-sharing policy.

Spotlight

Paystack alumni have founded over fourteen African startups

From fintech to on-demand food delivery, former employees at Paystack have founded at least fourteen African startups.

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Nigerian fintech Brass resolves transaction delays

Nigerian fintech company Brass has assured users that transaction delays plaguing the platform since late 2023 have finally been resolved.

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Uber makes first African investment in Moove’s $100 million Series B

Pan-African mobility fintech startup Moove has closed a $100 million Series B funding round. This round marks ride-hailing giant Uber's first investment in Africa, solidifying its existing partnership with Moove.

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Nigerian blockchain fintech startup Zone raises $8.5M Seed

Zone, a Nigerian blockchain fintech has secured $8.5 million in a seed round led by Flourish Ventures and TLcom Capital.

Newsletter

BD Insider 225: Wasoko and Chipper Cash are shifting gears

Inside: Chipper Cash scale back from US and UK, Wasoko exits Zanzibar and crypto fees hike in Nigeria.

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South Africa grants regulatory nod to 59 crypto firms

South Africa's Financial Sector Conduct Authority (FSCA) reportedly granted crypto asset service provider (CASP) licenses to 59 crypto firms as of March 12, 2024. This information is based on media reports citing an FSCA representative

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Massive internet outage hit Africa as key subsea cables suffer damage

A wave of internet outages hit West, East, and Central Africa on Thursday, with major providers like MainOne and Seacom confirming damage to subsea cables as the culprit.

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Nigeria demands top 100 users’ data from Binance

Following accusations by Nigeria's central bank that Binance processed $26 billion in mostly unidentifiable transactions, local authorities are now seeking data on the platform's top 100 users in the country.

News

Detained Binance executives in Nigeria identified after two weeks

A two-week-long information blackout has ended. The identities of the Binance executives detained by Nigerian authorities on February 26 for alleged cryptocurrency market manipulation have finally been revealed.

News

Breaking: Flutterwave COO, Bode Abifarin, steps down

Bode Abifarin has resigned from her position as the chief operating officer (COO) at Flutterwave. "With a sense of joy, pride, and a touch of wistfulness—we say farewell to an incredible force," says Olugbenga Agboola, founder and CEO of Flutterwave.

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