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Access Holding picks Bolaji Agbede as acting CEO following Hebert Wigwe’s demise

Bolaji Agbede, the highest-ranking executive at Access Holdings, has been named the acting group CEO of Nigeria's largest bank following the passing of Herbert Wigwe, its former chief executive.

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Ilara Health raises $4.2 million to scale operations in East Africa and expand access to healthcare

The company serves 3,000 clinics across Kenya, out of the estimated 15,000 operational clinics in the country.

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Tribute to Herbert Wigwe, an African finance icon and philanthropist

As CEO of Access Bank and Access Holdings, he saw to the company's rejuvenation and rise to a modern financial institution with footprints across Africa

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Africa’s digital commerce market to reach $72 billion in 2026

Africa's digital commerce is set to hit $72 billion by 2026 in the top five markets, growing annually at 25%, according to Beyond Borders report by EBANX.

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Sudan’s latest internet outage is escalating tension

There is no indication who is responsible, and the conflict seems to now be escalating into other African countries

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South Africa to deactivate 2G and 3G networks in 2027

In September 2022, South Africa's minister for communications, Khumbudzo Ntshavheni, for the first time outlined plans for the phasing out of the country's second and third-gen internet connectivity services. 

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Nigerian edtech Klas raises $1M eyes expansion into India and North America

Klas, a Nigerian edtech startup, secured $1 million in pre-seed funding. Its strategy involves scaling across Africa and extending its online teaching platform to India and North America.

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Senegal heralds dicey elections with internet cut

On February 3, President Macky Sall indefinitely postponed elections that were meant to hold on February 25

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MultiChoice sits out Canal+’s $1.7 billion buy bid

MultiChoice has also revealed Canal+ has upped its shareholding in the company from 31.67% to 35.01%..

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Canal+ wants to expand dominance from Francophone Africa to the entire continent

Canal+ has put forward a non-binding offer to purchase MultiChoice. If the deal goes through, the French TV company will increase its dominance across the continent.

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Presenting our 2023 State of Startup VC Funding in Africa Report

The report, which aims to provide a comprehensive view of the African tech funding ecosystem, reveals that, in line with the global downturn in venture capital funding, the African tech sector saw a significant slowdown in 2023.

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Unlock The Future: State Of Africa Startups Funding 2023

Download our 2023 African Startups Funding Report

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