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Nigeria’s case against Binance draws close to turning point

The crypto exchange faces allegations of money laundering and tax evasion

News

Bolt halts inter-country requests between Nigeria and South Africa due to ride-hailing war

Bolt has restricted the inter-country request feature for its customers in Nigeria and South Africa due to the recent ride-hailing battle between both countries

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

BD Insider: Can Jumia reinvent itself with $100 million?

Jumia is still in the race to attain profitability and faces unusual competition from social commerce. But the e-commerce giant is not laying low.

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

BD Insider: InDrive faces a road bump

In this letter, we explore; Telcos in Nigeria are feeling the economic heat, South Africa’s incoming AI policy, InDrive drivers cry foul over low fares.

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

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