Kuda hits ₦55.8 trillion in transaction value within four years

Nigerian neobank has recorded ₦55.8 trillion in transaction value within four years.

Peter Njojo truncates sabbatical, ends his decade-old era at Twiga Foods

A month ago, Njojo revealed he was taking a 6-month break from his CEO role at the Kenyan eCom startup

SuperSports is off. Who will broadcast the 2023 AFCON?

On Saturday, January 13, the Alassane Ouattara Olympic Stadium of Ebimpe in Abidjan will host the kickoff of the 2023 Africa Cup of Nations (AFCON), a continental male football tournament, featuring a match between Côte d'Ivoire and Guinea-Bissau.

Cellulant CEO, Akshay Grover, resigns to “focus on personal matters”

Current CFO, Peter O’Toole, will oversee the organisation’s operations as acting CEO.

Cameroonian fintech startup Koree raises $200,000 pre-seed round

The round was backed by Cameroon Angels Network, Catalytic Africa, Digital Africa, Tunde Akinnuwa, co-founder at Duplo and other private investors.

Africa’s internet blackout costs increase fivefold to $1.74 billion

Despite increased discourse on the implications of depriving people of access to the internet, the dubious practice is yet to go away. 

Tingo CEO liable to 45 years prison sentence for securities fraud charges

On Tuesday, January 2, the US officially issued a formal notice (indictment) charging Odogwu 'Dozy' Mmobuosi, co-CEO of Tingo, an African-focused agritech startup, with securities fraud, making false filings with the Securities and Exchange Commission (“SEC”), and conspiracy charges. 

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Crypto cyberhack losses halved in 2023

The amount of hacks remains stable, but the value of the losses incurred is plummeting

Nigeria slowly walks back two-year-old ban on crypto

The country's financial regulator introduced restrictions on crypto transactions in February 2021

Embattled Tingo co-CEO Dozy steps down temporarily

Odogwu 'Dozy' Mmobuosi, co-CEO of Tingo, an African-focused agritech startup listed on the US stock exchange, has temporarily stepped down following fraud charges filed against him by the US Securities and Exchange Commission (SEC). The company publicly announced this decision on Thursday, December 21, 2023.

Nairaland temporarily abandons Cloudflare services, returns online

Nairaland is back online a few days after its web server was deactivated by Cloudflare, a US-based hosting provider.