Moroccan-startup ToumAI secures €1 million develop powerful CX solutions

ToumAI, an AI-powered customer experience (CX) innovator, has secured €1 million in pre-seed funding, led by Launch Africa

Startbutton expands to 7 Francophone African countries, tapping into a high-growth market

Mallick Bolakale, Startbutton CEO, views Francophone Africa as a market with strong economic potential and less competition compared to Anglophone Africa.

IBM to cease direct operations in Nigeria and across 35 African countries, transfers business to MIBB

The company has had its run for over 60 years in Africa, with a major push starting in 2010. This operational transition will take place on April 1, 2025.

EXCLUSIVE: InDrive introduces bank transfer feature for trip payments

This move positions InDrive as the first ride-hailing platform in Nigeria to adopt this approach. It also affirms bank transfers as the most acceptable mode of trip payment

Cedar Money secures $9.9 million to power cross-border payments with stablecoins

Cedar Money's approach leverages stablecoins to move funds while navigating the intricate compliance landscapes of various countries. 

Bento CEO resigns again, amid tax, pension probe

Okubanjo plans to focus on Ada AI, an AI-powered sales assistant currently in development.

Stanbic IBTC to inject ₦4 billion into fintech subsidiary, Zest

This is indeed cherry news for Zest, which is lagging behind peers like GTCO’s fintech subsidiary, HabariPay, and Access Holdings' fintech, Hydrogen.

Africa’s EV leader Spiro partners with Afrobeats icon Davido

Spiro partners with Afrobeats star Davido to promote sustainable electric mobility across Africa, combining clean energy innovation with cultural influence.

GO54 Founder Opeyemi Awoyemi exits board after sale to South African rival

The deal marks Awoyemi's second successful exit as a founder, having previously founded and exited from Nigerian job board Jobberman.

Bento faces investigation over allegations of financial impropriety 

Okubanjo has been associated with lots of scandalous moments offering repeated hits to his reputation

Nigerian web hosting giant GO54 acquired by South African HOSTAFRICA

GO54 (formerly known as Whogohost), was founded in 2007 by Opeyemi Awoyemi while he was still a student at Obafemi Awolowo University.

Visa invests in Nigerian fintech unicorn, Moniepoint

Visa’s backing is a strong endorsement of our vision to digitize and support African businesses at scale, said Tosin Eniolorunda, Founder and Group CEO of Moniepoint