Johnstone Kpilaakaa

Court prohibits e-residency and citizenship purchases with CAR’s Sango Coin

The Central African Republic's Constitutional Court has prohibited e-residency and citizenship purchases with the Sango Coin.

Why African fintechs’ revenue might reach $230 billion by 2025

An analysis by McKinsey estimates that Africa’s financial-services market could grow at about 10% per annum, reaching about $230 billion in revenues by 2025.

Grey raises $2M to simplify cross-border payments across Africa

In addition to the $2 million seed, Grey has also expanded into East Africa, starting with Kenya.

CBN releases $265 million out of the trapped aviation funds

The Central Bank of Nigeria (CBN) has released $265 million out of the total $464 million in trapped funds to foreign airlines.

Moneymie shuts down its digital bank for immigrants to focus on B2B services

The Moneymie app will no longer be available.

Francophone African startups raised $59.4 million in H1 2022

Most of the African countries that raised fewer funds in H1 2022 are from the Francophone region.

Netflix extends its Creative Equity Scholarship to West and Central Africa

Netflix has extended its Netflix Creative Equity Scholarship Fund (CESF) to film and television students in the West and Central Africa region.

Meet the 7 African startups that made Norrsken’s Impact100 list

The Impact100 list is made up of companies that have delivered at least an MVP product to market and/or raised at least seed/series A-funding.

ANKA appoints Meta Director & Global Head of Luxury, Morin Oluwole as Strategic Advisor

Morin Oluwole is currently the Global Luxury Director at Meta, where she leads a global business team.

Fact check: Paystack was the first YC-backed startup from Nigeria, not PetaSales

Gen Zs are driving listenership of local music while helping to push international artists and genres into Nigeria's listening mix.

Ukheshe and Paycorp boost cardless cash withdrawals at Cash Express branded ATMs

Ukheshe and Paycorp have partnered to provide more cardless ATMs with greater functionality.

BD Insider, Letter 126

BD Insider, Letter 126 examines Emirates flight suspension in Nigeria, Visa's expansion into Congo and Microtraction's community fund.