Joseph Olaoluwa Olaoluwa

BREAKING: LemFi expands to Europe. The journey so far.

LemFi, a fast-growing remittance startup with over 1M customers, and more than $33M in disclosed funding has expanded to Europe. Here is the journey so far.

GTCO completes ₦209 billion capital raise, ahead of March 2026 deadline

GTCO will be the third Nigerian bank to make this announcement, months after the Central Bank raised minimum capital requirements tenfold for the country’s biggest banks

Carbin Africa: How this Nigerian automotive startup hit a billion GMV in one year

The African Automotive Market size is expected to reach $26.30 billion by 2029. Carbin Africa wants 10% of the market.

African startups to watch in 2025

2024 has reached its tail end once again. The question on everyone's minds is what can the tech sector look forward excitedly in 2025?

MTN sells Guinea unit, exits underperforming market

The deal is part of MTN's strategy to streamline its portfolio and focus on higher-growth markets

How 11 tech leaders are thinking about 2025

As we round up 2024, here are their predictions of what the ecosystem will be in 2025.

Tantalizers enters seafood market, acquires Lagos based fishing company

By integrating DanBethel's assets, Tantalizers aims to capitalise on the growing demand for seafood in Nigeria

EXCLUSIVE: Spiro to ramp up EV production in Nigeria with new assembly plant

The new plant will significantly boost production from the current 1,000 units in 2024 and mark the company's entry into the three-wheeler segment

JUST IN: Hackers breach Nigeria’s Statistics Bureau website, raising data security concerns

This incident marks the third major data breach involving sensitive government information in Nigeria this year.

PoS agents mull commission hike following a new Central Bank directive

Many PoS agents believe this latest directive could cripple the impact of their service which has grown to nearly 2 million across the country

Cassava Technologies Secures $90 Million, reorganises for growth

The investment adds DFC, Google and Finnfund to Cassava's existing shareholder base which includes Econet Group, BII, PIC, RBH, Afreximbank and Gateway Capital.

African e-commerce giant Jumia shares plunge as competition intensifies

With Amazon expanding to Egypt and Temu taking on Nigeria, Jumia's chances of success are reliant on its nine markets concentrated in West and East Africa.