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Paycrest has raised a $404,000 pre-seed round to build decentralised stablecoin-to-fiat settlement infrastructure as Africa’s early-stage funding tightens.
"We want to take the defence of our continent’s resources and infrastructure into Africa’s own hands," Co-founder and CEO Nathan Nwachuku said in a statement.
First HoldCo Plc has announced new board appointments across its non-banking subsidiaries, naming five new chairmen, including two women.
Distributor Bia Tosha takes Diageo’s EABL sale to court as Kenya’s beer market faces another legal tussle.
One year after raising prices for power and rent costs, Cafe One adds a 7.5% VAT to all coworking plans in line with new tax rules.
Access Bank Congo appoints Nigeria’s Adeboye Ayewamide Isaac as Country Managing Director following Central Bank approval.
Access Bank South Africa enters a new leadership phase with Sandile Shabalala set to exit and Abiodun Dada stepping in as Co-CEO.
Paystack has pushed new digital-bank-like updates to Zap, including Checkout integration, after a clash with the CBN over compliance. How will it compete with OPay, Kuda and Moniepoint?
The British drinks giant exits its East African brewing arm, freeing capital while keeping Guinness and spirits rights under license.
Meta has retired the Messenger Desktop app which runs on Windows and Mac. Here’s what changes.
The move underscores a broader scramble for seasoned compliance and risk professionals in Nigeria’s financial services industry.
By closing its ₦10bn commercial paper at 119.7% subscription, Legend Internet has joined the few Nigerian tech firms successfully attracting institutional funding for hard infrastructure.
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