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Fintech

Stripe to soon allow US retailers to sell directly to Nigerians

Nigeria is one of the two markets where Stripe has begun to allow merchants to accept local payment methods without having to set up a local entity.

Mobility

Ride-hailing war escalates as South African and Nigerian ride-hailing drivers receive prank orders

Nigeria and South African riders on platforms like Uber and Bolt are intentionally cancelling rides after drivers have arrived at pickup locations leading to a waste of resources.

News

Waza ends stealth with $8 million to take on B2B cross-border payments

The Nigerian fintech focuses on providing payment and liquidity solutions for businesses in emerging markets

News

FCCPC reinstates Nigerian fintech, Sycamore as an approved digital lender

Nigerian fintech, Sycamore has been reinstated as an approved digital lender in the country. This is coming barely a month after FCCPC erroneously delisted the company.

News

Equatorial Guinea’s smallest province remains without internet

President Teodoro cut off Annobón’s internet amid protests, raising concerns over human rights abuses and gov't repression

News

Kenya drivers battle ride-hailing apps over fare rates

Kenyan drivers have begun to hike their fares and will continue to charge such rates if their fare prices are not reviewed and increased by ride-hailing platforms.

News

Tyrese Haspil gets 40-to-life jail term for Gokada founder murder

His shocking betrayal and murder of a tech visionary, driven by greed and lavishness, ends with what many call a befitting verdict

News

SA’s taxman plans clampdown on Shein and Temu

South Africa's tax authority tightens regulations on e-commerce imports, targeting low-cost platforms with new VAT and customs duties to protect local retailers

News

BD Insider: Bad news for SA online shoppers?

SARS is coming after Shein and Temu with a new tax law

News

Uganda UTel secures $225 million investmet from Dubai-based investor RCC

UTel is set to receive a $225 million investment fund from Rowad Capital Commercial LLC.

News

Egyptian fintech Lucky ONE secures $3 million to expand regional operations

Lucky ONE has successfully raised $3 million in a convertible debt round to expand its credit platform and facilitate its entry into new regional markets.

News

Mobius Motors, Kenya budget-friendly SUV, to shut down

Kenya-based automobile maker Mobius Motors has made a decision to liquidate the company

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