Nigeria partners with Morocco to produce electric vehicles locally 

Nigeria, alongside Morocco, will manufacture and assemble locally-made electric vehicles

Google backs Nigeria’s AI training ambition with ₦2.8 billion grant

Nigeria is joining the AI bandwagon to become a key player

Level Up: Why I pivoted from social media management to Journalism

Meet Chidinma Iwu, a senior journalist and content strategist whose bylines include Fast Company, Daily Mail, and Forbes Advisor. She shares her journey from social media management to content and gives her take on navigating job offers that don’t meet her rate expectations.

MTN Nigeria reports ₦514 billion loss in nine months, driven by inflation, currency devaluation

Despite a few bleeding items on its balance sheet, data is king. MTN recorded ₦2.37 trillion in revenue driven by data which led over 50% of those efforts, solidifying data’s dominance over voice.

African VC Janngo Capital closes $78M fund for women entrepreneurs

Just two years after the first close of the fund at $28.1 million, Janngo hits a second milestone.

President Biden commends Nigeria on Binance executive Tigran Gambaryan’s release

This raises questions about the extent of US involvement in the case.

YC-backed Touch and Pay processes ₦20 billion transactions, launches dollar feature for Nigerian transport

Its flagship product which simplifies transport payments has surged in transaction volumes, processing over ₦20 billion already in 2024, and helping them achieve profitability status, Afolabi said.

Oyster Agribusiness raises $2M to scale Climate-Smart Agriculture in Ghana

Oyster Agribusiness is well on its way to deepen its impact on smallholder farmers.

Nigerian Uber and Bolt drivers demand a greater cut of ride-hailing companies’ estimated ₦36 billion annual revenue

Nigerian drivers working for Uber and Bolt are demanding a reduction in commission rates, arguing that the current 25% cut is unsustainable given rising operational costs.

Airtel Africa posts $79 million in half-year profits, delighting investors with strong performance

This recovery is despite rising fuel costs and currency devaluations, which continue to impact Airtel's top line. 

BasiGo secures $41.5M to drive Electric Bus expansion in Kenya and Rwanda

BasiGo Kenya, has successfully raised $41.5 million in Series A equity and debt funding.

PaidHR’s new cross-border payroll feature allows employees to receive salaries in 49 currencies

The new feature will be key for remote workers who receive salaries globally and a hedge against macroeconomic headwinds like currency devaluation.