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Send App by Flutterwave highlights unique cultural trends on International Day of Family Remittances (IDFR)

In celebration of the International Day of Family Remittances (IDFR) 2024, Flutterwave, Africa’s leading payment technology company, shares insightful data from Send App, its flagship cross-border remittance app

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BD Insider 239: Kenya allocates $125.3 million for ICT annual budget

In this letter, we explore; Kenya allocates $125.3 million for ICT annual budget, Lagos state govt injects ₦1 billion for startup funding & innovation research, Safaricom Ethiopia initiates a $1.5 billion investment.

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Lagos state govt injects ₦1 billion for startup funding and innovation research

₦1 billion in funding marks an astronomical increase in allocation to the initiative based on previous precedents.

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Nigerian tax authority drops charges against Binance execs, targets exchange directly

FIRS is now investigating allegations that Binance, the world's largest cryptocurrency exchange by trading volume, failed to file tax returns and pay required duties in Nigeria.

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Ride-hailing services now need to apply for licences in South Africa

The South African president Cyril Rumaphosa has amended the National Land Transport Action Law to enable Bolt, Uber and other ride-hailing platforms in the country to apply for operating licenses like other public transport service providers. Previously, these companies operated in a regulatory grey area relying on charter permits and metre taxi operating licences.  Now […]

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Visa partners with ThriveAgric on Kenya Expansion gives support to thousands of farmers

Ayo Arikawe, ThriveAgric co-founder, stated that this collaboration signifies a significant milestone in ThriveAgric’s expansion into Kenya, which began last year, with the establishment of local hubs in Busia and Homabay counties.

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Your marketing message shouldn’t be like a bad Tinder date

Lessons in Authenticity and Transparency

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TymeBank chases $150 million funding in unicorn run up

Funds from the raise will fuel expansion into new markets, particularly Indonesia, by year-end, following entries into Vietnam and the Philippines

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“We think the worst should be behind us” MultiChoice CEO on $217 million loss in Nigeria

The business is hopeful for a turnaround regulated by positive policy changes by the country’s current administration.

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Bank of Ghana partners with Singaporean monetary authority in testing the use of digital currency for cross-border trade

The project's next phase will include more automated digital credential processes, programmable payments across multiple digital currencies, and supply chain finance support.

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Sierra Leone takes hundredth spot on Starlink’s global radar

Elon Musk’s satellite internet service, Starlink, has gone live in Sierra Leone. The launch, which comes a year after the Francophone West African country’s communications regulator granted the service an operating license, takes the company’s reach to 100 markets globally. 

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TLG Capital and Wema Bank invest $10 million in one of Nigeria’s largest aluminium recyclers

This investment is expected to create the largest and first industrial-scale aluminium recycler in Nigeria and create 200 jobs for local Nigerians.

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