Justina Salami Salami

Journalist for Condia. Beats are news and development. Reach me at justinaize247@gmail.com.
Funding

Rana Energy raises $3 million to power clean energy revolution 

Rana Energy has raised $3 million in pre-seed funding to expand its AI-driven Clean Energy-as-a-Service platform.

Crypto

Crypto market suffers $9.4 billion liquidation in 24 hours

The crypto market suffered $9.4B in liquidations within 24 hours as Bitcoin and Ethereum prices plunged. Analysts call it the largest single-day crash ever.

Telco

IHS Towers completes $274.5 million sale of Rwanda operations to Paradigm Tower Ventures

IHS Towers Rwanda sale to Paradigm Tower Ventures closes at $274.5 million, marking a milestone in Africa’s telecom infrastructure growth.

News

The World Bank says Africa must solve its job crisis to stop Gen Z protests on the continent

The World Bank warns that Africa must solve its youth job crisis or face Gen Z protests spreading across the continent.

News

CANAL+ unveils new leadership team for Africa

CANAL+ names a new leadership team for Africa after its MultiChoice takeover, uniting 40M+ subscribers and 10,000 jobs.

Financial Services

Stanbic IBTC names Chukwuma Nwokocha as Group CEO 

Stanbic IBTC appoints Chukwuma Nwokocha as Group CEO after interim leadership, as the bank eyes growth amid recapitalisation and challenges.

Funding

Lisk launches $15M fund to back Web3 startups in Africa, Asia

Lisk has launched a $15M Web3 fund to back startups in Africa, Latin America, and Asia targeting fintech, payments, and inclusion.

News

MTN MoMo customers to enjoy free transfers on Independence day

MoMo Payment Service Bank is marking Nigeria’s 65th Independence Day with 24 hours of free money transfers nationwide on October 1.

News

Ethiopia holds rate at 15% as inflation eases but stays above target

The National Bank of Ethiopia kept its benchmark rate at 15% as inflation eased to 13.6% in August despite Nigeria’s recent rate cut.

Mobility

LagRide introduces  40% trip discount  to support Lagosians during flooding

LagRide is offering a 40% discount for Lagosians to ease challenges caused by flooding, while preparing to launch the Omni mini bus.

Mobility

Uber shuts down in Côte d’Ivoire after six years

Uber has shut down in Côte d’Ivoire after six years, its first withdrawal in Africa. Cash-flow struggles forced the global giant out.

Healthtech

Ilara Health downsizes operations due to lack of funding

Kenya’s Ilara Health downsizes operations after funding setbacks. The healthtech startup lays off staff, echoing MedSaf’s shutdown.

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