Nigeria’s apex bank extends cash deposit fee suspension

This decisive move comes in response to mounting grievances from bank customers

Binance locked in standoff with Nigeria, CEO claims bribery attempt

Binance CEO Richard Teng criticised the recent actions taken by Nigerian authorities against the cryptocurrency exchange. Nigeria is one of Binance's biggest markets. Teng claimed that officials demanded a bribe in exchange for resolving the situation.

Chipper Cash makes a comeback in the US after service pause

Pan-African fintech Chipper Cash is back in the United States after a two-month service pause.

South Africa’s e-commerce heats up with Amazon’s arrival

South Africa's e-commerce scene just got a major player as Amazon launched its online marketplace this week. This arrival puts Amazon head-to-head with established leaders like Takealot, Temu and Makro.

Seamfix gets $4.5 million first institutional funding

The firm provides identity creation, verification, and transaction accreditation solutions for large organizations and government agencies. .

Nigerian banks and fintechs to charge 0.5% cybersecurity levy on all transactions

Starting May 20, 2024, Nigerian banks and fintechs will charge users a 0.5% cybersecurity levy on each electronic transaction.

Wave is the only African startup on YC’s top-earning startup list

For the second time in a row, Senegalese fintech Wave has been listed as the only African Y Combinator (YC) alumni with the highest revenue, according to the 2024 list. 

West African subsea cables repaired after weeks-long damage

Following enduring weeks of disruptions, West Africa is on the brink of getting back steady internet connection via normal routes

Chowdeck CEO talks $2.5M seed funding and the Nigerian food delivery market

Last year, Chowdeck onboarded Chicken Republic, West Africa's largest fast-food chain. This move has led to an increase in order volume of 250% on Chowdeck.

BuuPass acquires QuickBus to drive intercity booking in Africa

BuuPass, a Kenyan travel booking platform, has acquired its Nigerian and South African competitor, QuickBus.

BD Insider 231: Apple’s supply chain under scrutiny by Congo

Inside: We examine Nigeria's second payment gateway and crackdown on crypto traders. Additionally, we covered the latest on Starlink operations in Ghana.

Kenya’s comms regulator deplatforms dozens of TV stations

The Communications Authority of Kenya (CA), continuing its crackdown on broadcasting services, has ordered the closure of more than 58 television stations and at least 6 courier companies serving the East African country.