Nigeria wants to build 90,000km of terrestrial fibre-optic

The Nigerian government has announced plans to expand the terrestrial fibre optic in the country by 90,000 kilometres.

Exclusive: Nigeria’s first women-only ride-hailing app, HerRyde, “hibernates” after a year

After a year of operation in Nigeria’s capital city Abuja, HerRyde, a women-only ride-hailing platform has “hibernated” to re-strategise and source for funding ahead of a near re-launch.

Exclusive: Nigeria’s first women-only ride-hailing app, HerRyde, “hibernates” after a year

After a year of operation in Nigeria’s capital city Abuja, HerRyde, a women-only ride-hailing platform has “hibernated” to re-strategise and source for funding ahead of a near re-launch.

Africa’s undersea cable troubles are far from over

Undersea cable networks serving Africa have faced their fair share of challenges. But from the unfortunate look of things, the issues faced persist.

Public outrage forces Nigeria’s suspension of cybersecurity levy

The Bola Tinubu administration directed the Central Bank of Nigeria to postpone the implementation of the levy indefinitely.

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.