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Justina Salami

A reporter for Condia. Beats are news and development. Studied History and International Relations.

She loves reading nonfiction, especially books on leadership, history, and innovation. If she weren’t writing or researching, she’d probably be dancing and singing.

Contact her @justinaize247@gmail.com.

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.

Funding

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.

News

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.

News

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.

Mobility

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.

Fintech

Flutterwave reshuffles compliance team to drive scale 

Flutterwave reshapes its compliance leadership with key appointments as it aims for Nasdaq IPO readiness.

Funding

Circle Ventures places $20M bet on Africa’s stablecoin future

Circle Ventures has invested in CV VC’s $20 million African Blockchain Fund, marking a major bet on Africa’s stablecoin-powered future.

News

AFCON 2025: Visa cardholders to get presales tickets first

Visa cardholders will get early presale access to AFCON 2025 tickets in Morocco, two days before general sales open on September 27.

AI

Fiverr cuts 30% of  workforce to double down on AI

Fiverr is cutting 30% of its workforce to focus on AI. The move raises concerns for African freelancers who depend on the platform for income.

Telco

Breaking: MTN Nigeria secures roaming agreement with T2 Mobile

With this spectrum lease arrangement, MTN will be able to handle the additional network traffic through its infrastructure

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