Joseph Olaoluwa Olaoluwa

Why we left Tunisia and South Africa in 2024 – Jumia 

The e-retailer will leverage the nine countries left, representing more than 625 million people, 54% of Africa’s internet users, and 49% of Africa's GDP

Breaking: Ex- Kobo360 CEO Cikü Mugambi joins Dutch investment firm

The move marks a return to investment for Mugambi, who previously held roles in the sector before her two-year tenure at Kobo360.

Tizeti accelerates West African expansion with fiber deployment

"In areas where we have unlimited internet service; we have achieved a minimum of 80% penetration in all communities," said founder and CEO of Tizeti, Kendall Ananyi

EXCLUSIVE: MTN’s MoMo PSB courts old users via voice calls

This low-cost customer acquisition strategy follows a restructuring of MoMo’s sales incentives, aimed at optimising monetization and reducing acquisition expenses

EXCLUSIVE: Nigerian ride-hailing drivers launch SimpliRide to challenge industry giants

Drivers believe an indigenous app will be more attuned to their specific needs.

Nigeria ends 13-year Remita partnership, launches new treasury system

While the company has demonstrated resilience in the past, including surviving a Senate probe in 2016, the loss of this major government contract will undoubtedly impact its revenue streams

Meet the Cars45 Mafia: ex-employees turned founders

This group consists of Cars45 employees who have gone on to fund some of Africa's most exciting companies.

MTN Nigeria 2024 losses widen to ₦400 billion in two years

Fintech revenue grew to ₦106 billion, with a 46.6% drop in active mobile money wallets.

Edukoya shuts down, citing market challenges despite $3.5M funding

Edukoya's shutdown underscores the reality that K-12 learning models may no longer be viable.

₦203 billion bad loans: Unity Bank’s crisis deepened amid Providus merger, job cuts

Unity Bank's financial woes stem from a loan portfolio heavily concentrated in the agriculture sector, accounting for 91% of its lending

SANEF taps ex-Diamond Bank executive Uzoebo as CEO to drive financial inclusion

Uzoebo is the second female to hold the top position in a row.

Access Bank faces customer outcry after core system upgrade disrupts services

"Yesterday after service, I was typically stranded due to a bank’s negligence," one of the customers told Condia on Monday.