Justina Salami

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.

GETAccelerated cohort 4 opens applications to support early-stage startups in Nigeria to adopt AI for impact

Applications for GETAccelerated Cohort 4 are open. Nigerian startups can access support for growth through funding, mentorship, and acceleration of AI adoption towards impact. Applications are open until Oct 12.

TEDxAjegunle set to return November 28, inspiring ideas beyond boundaries

TEDxAjegunle 2025 returns on November 28 with the theme “Beyond Boundaries,” bringing creators, and thought leaders to inspire Lagos youth.

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.

PayPal commits $100M to MENA and Africa expansion

PayPal invests $100M in MENA and Africa via PayPal Ventures, boosting payments and hiring despite global regulatory challenges.

Proudly Nigerian: Why Monica said no to global acquisition deals to keep payments free for Nigerians

Monica rejects global acquisition offers to remain proudly Nigerian, ensuring instant zero-fee crypto-to-naira payments for 350,000+ users.

Acumen raises $246M to scale clean energy in Africa

Impact investor Acumen has secured $246.5 million to expand clean energy access in Africa’s hardest-to-reach markets.

First rate cut since COVID: CBN eases to 27% as inflation slows

Nigeria’s Central Bank cuts its benchmark interest rate to 27% for the first time since COVID, as inflation slows.

Axian telecom Chair, Hiridjee tightens grip on Jumia as tower dispute unfolds in Uganda

Billionaire Hassanein Hiridjee’s Axian Telecom is battling in Uganda’s tower market while tightening control of Jumia.

Nigeria to welcome global investors and founders to drive Africa’s next wave of deals and exits 

Moonshot 2025 brings global investors to Lagos, accelerating African startup funding, exits, and cross-border deals.

Google reaffirms commitment to Africa with new subsea cable connectivity hubs; $9M Fund; and AI tools for students

Google strengthens Africa with $9M fund, free AI tools for students, and four subsea cable hubs to boost connectivity and innovation.

Drivers give Moove a three-day ultimatum to reverse 100% remittance hike

AUATON has given Uber and Moove a three-day ultimatum to reverse a 100% hike in the Drive-to-Own remittance.