Open Access Data Centres appoints Ayotunde Coker as CEO

Open Access Data Centres (OADC) has appointed African data centre industry leader Dr Ayotunde Coker as its Chief Executive Officer (CEO).

BD Insider: Letter 120

This edition covers the African startup deal activity in the last two weeks of June, the launch of Airtel PSB, and Moove's continuous raising cycle. We also share verified open job opportunities in tech.

Flutterwave hires ex-American Express and ex-Goldman Sachs as new CFO and CTO

Flutterwave has hired Oneal Bhambani, ex-American Express as CFO, the fintech also hired Gurbhej Dhillon, ex-Goldman Sachs as CTO.

CBN tasks other financial institutions to strengthen their cybersecurity

The Central Bank of Nigeria (CBN) has issued cybersecurity guidelines for other financial institutions (OFIs).

Five African investment training platforms

This is a list of five recognised African networks, syndicates and communities that train you to become investors.

Moove secures $20M finance from renamed British International Investment

The investment will accelerate Moove’s mission to democratise access to vehicle ownership in Nigeria

Keble, Twinku pitch at the inaugural edition of LAUNCH by FCMB

Keble, a prop-tech startup, and Twinku, an asset-tracking & wealth management platform showcased their products at the inaugural edition of LAUNCH by FCMB.

Why MTN’s MoMo PSB is suing 18 Nigerian banks

MTN Nigeria's fintech subsidiary, Mobile Money Payment Service Bank (MoMo PSB) Limited has sued 18 commercial banks to seek a refund for ₦22.3 billion ($53.7 million) "erroneously transferred to 8,000 bank customers".

The evolution of Abeg from incorporation, Piggyvest acquisition to a CBN MMO AIP

Abeg Technologies Ltd secured an Approval-In-Principle (AIP) from the Central Bank of Nigeria (CBN) as a Mobile Money Operator (MMO) on April 25, 2022, completely rebrands to "Pocket by PiggyVest". How did it get here?

TLcom Capital commits $2M fund to FirstCheck Africa, names Eloho Omame as Partner

TLcom Capital, a prominent Africa-focused seed to series B venture capital firm, has committed $2 million to FirstCheck Africa and appointed Eloho Omame as a partner.

PiggyVest co-founders selected as Endeavor Entrepreneurs

Endeavor has selected PiggyVest co-founders; Joshua Chibueze, Somto Ifezue and Odunayo Eweniyi to join its global network of high-impact entrepreneurs.

Healthtech startup report prompts $7m initiative by Bill and Melinda Gates Foundation and others

The Pan-African “Investing in Innovation” program will provide grants and commercialization support to 60 healthtech companies over two years