News

MTN sells Guinea unit, exits underperforming market

The deal is part of MTN's strategy to streamline its portfolio and focus on higher-growth markets

News

Village Capital invests $150,000 in two female-led startups

The Women in Tech Financing Facility, a joint initiative of Village Capital and Standard Chartered, addresses the funding gap for women entrepreneurs.

News

Tantalizers enters seafood market, acquires Lagos based fishing company

By integrating DanBethel's assets, Tantalizers aims to capitalise on the growing demand for seafood in Nigeria

News

10 biggest African tech stories of 2024

From billion-dollar milestones to market shakeups, dive into the biggest African tech stories that defined 2024.

News

PBR Life Sciences raises $1M pre-seed to expand AI-powered healthcare data platforms across Africa

Previously targeting 1000 pharmacies in Nigeria, PBR will use this new funding to expand its AI-driven health data solutions in Ghana and Kenya.

News

JUST IN: Hackers breach Nigeria’s Statistics Bureau website, raising data security concerns

This incident marks the third major data breach involving sensitive government information in Nigeria this year.

Fintech

Allawee credit card launch in partnership with Mastercard, in line with Credicorp 2030 mandate

Allawee, in collaboration with Mastercard, Providus Bank, and Remita has launched a credit card in Nigeria. The launch aligns with Creditcorp's 2030 mandate.

News

PoS agents mull commission hike following a new Central Bank directive

Many PoS agents believe this latest directive could cripple the impact of their service which has grown to nearly 2 million across the country

News

MTN Group announces major leadership changes

MTN Group announces major leadership changes, including the departure of Bayobab CEO Frédéric Schepens and new appointments across Africa, as part of its strategic restructuring for growth.

News

Cassava Technologies Secures $90 Million, reorganises for growth

The investment adds DFC, Google and Finnfund to Cassava's existing shareholder base which includes Econet Group, BII, PIC, RBH, Afreximbank and Gateway Capital.

News

Tyme Group raises $250M Series D funding led by Nubank, becomes a unicorn

Learn all about Tyme's founding story, fundraising history and future plans in this deepdive.

Analysis

African e-commerce giant Jumia shares plunge as competition intensifies

With Amazon expanding to Egypt and Temu taking on Nigeria, Jumia's chances of success are reliant on its nine markets concentrated in West and East Africa.

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