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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.
Newsletter

BD Insider 224: Africa’s Talking faces lawsuits from ex-director

Inside: Turmoil at Africa's Talking, a Kenya-based communication API startup, women in tech and LemFi eyes the Chinese market.

News

Flutterwave shuts down Barter, its consumer payment platform

Flutterwave has permanently closed down its consumer payment platform, Barter. The fintech will now focus on its businesses and remittance solutions.

Spotlight

Why women-led businesses thrive and how to close the funding gap

Bolaji Sofoluwe, founder and managing director of ETK Group shares insights on the impact of investing in women-led businesses in Africa.

News

Chipper Cash services still halted in the US

Pan African fintech startup, Chipper Cash's US remittance service, halted in January, remains unavailable.

News

Embattled Binance halts Nigerian Naira transactions

Amidst heightened regulatory scrutiny, Binance is permanently stopping Nigerian Naira deposits and withdrawals. This move comes into effect today for deposits and March 8, 2024 for withdrawals.

News

Deel acquires African HRTech company PaySpace

Global payroll platform Deel has acquired Johannesburg-based HRTech startup PaySpace, expanding its presence in Africa

News

Nigerian web hosting company Whogohost rebrands as GO54

Whogohost, a leading African digital infrastructure provider has rebranded to GO54. "Today is a milestone in our evolution into a dedicated business partner for businesses online.

Newsletter

BD Insider 223: Nigeria backtracks: $10 billion Binance fine “misquoted”

Inside: Nigeria crackdown on Bureau De Change operators + updates on Zoho's pricing structure in both Nigeria and Kenya.

News

Nigeria slaps Binance with $10 billion fine in crypto crackdown

Days after arresting two executives, Nigerian authorities cranked up the pressure on Binance by imposing a $10 billion fine.

Spotlight

Inside the failed Y Combinator-backed startups in Africa

Since its debut African investment in 2012, Y Combinator has backed over 106 startups on the continent. We tracked down a few of these startups that have since shut down.

News

Binance executives held in Nigeria amid probe into alleged market manipulation

Nigeria's Department of State Security has detained two unidentified executives from the global crypto exchange Binance as the country investigates alleged market manipulation, according to DLNews

News

Breaking: Binance Nigeria processed $26 billion in 2023, says CBN Governor

The Central Bank of Nigeria (CBN) governor, Olayemi Cardoso, recently explained that the restrictions placed on crypto exchanges, like Binance, are intended to limit illegal financial activities conducted through these platforms.

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