South Africa grants regulatory nod to 59 crypto firms

South Africa's Financial Sector Conduct Authority (FSCA) reportedly granted crypto asset service provider (CASP) licenses to 59 crypto firms as of March 12, 2024. This information is based on media reports citing an FSCA representative

Massive internet outage hit Africa as key subsea cables suffer damage

A wave of internet outages hit West, East, and Central Africa on Thursday, with major providers like MainOne and Seacom confirming damage to subsea cables as the culprit.

Jessica Long, Co-founder Maad, on building a company from a tiny garage and being comfortable with rejection

This week, we meet Jessica Long, the President and Co-founder of Maad, a tech company modernising informal retail in Francophone West Africa

Nigeria demands top 100 users’ data from Binance

Following accusations by Nigeria's central bank that Binance processed $26 billion in mostly unidentifiable transactions, local authorities are now seeking data on the platform's top 100 users in the country.

Detained Binance executives in Nigeria identified after two weeks

A two-week-long information blackout has ended. The identities of the Binance executives detained by Nigerian authorities on February 26 for alleged cryptocurrency market manipulation have finally been revealed.

Eyowo: We have restored customers’ access to their funds

Eyowo customers now have access to their funds through our partnership with ProvidusBank as they individually conclude the verification process.

Breaking: Flutterwave COO, Bode Abifarin, steps down

Bode Abifarin has resigned from her position as the chief operating officer (COO) at Flutterwave. "With a sense of joy, pride, and a touch of wistfulness—we say farewell to an incredible force," says Olugbenga Agboola, founder and CEO of Flutterwave.

Flutterwave shuts down Barter, its consumer payment platform

Flutterwave has permanently closed down its consumer payment platform, Barter. The fintech will now focus on its businesses and remittance solutions.

Chioma Okotcha, PayHippo’s Co-founder, on her journey and being resilient during tough times

Today, she's part of a rare group of Nigerian women in the tech startup space who have raised over $5m in early-stage funding.

Duplo Unveils Vendor Management Portal

Duplo, a Nigerian-based B2B fintech brand, announces the launch of its Vendor Management Portal, which helps businesses optimize their supply chain management.

Chipper Cash services still halted in the US

Pan African fintech startup, Chipper Cash's US remittance service, halted in January, remains unavailable.

Embattled Binance halts Nigerian Naira transactions

Amidst heightened regulatory scrutiny, Binance is permanently stopping Nigerian Naira deposits and withdrawals. This move comes into effect today for deposits and March 8, 2024 for withdrawals.