Haul247 raises $3 million seed funding to drive innovation in Africa’s logistics industry

Investment will support Haul247 in increasing its market share in Nigeria, expanding to other African markets, recruiting talent, and developing its technology.

Zone (formerly Appzone) selected as Nigerian entrepreneurs to join Endeavor’s global network

Endeavor, the global entrepreneurship network, has selected Obi Emetarom, Emeka Emetarom and Wale Onawunmi, the founders of Zone (formerly Appzone), as Endeavor entrepreneurs.

Founders Connect announces maiden live event

Founders Connect Live Event: Uniting the Nigerian tech ecosystem for a day of insights, networking and fun

UK fintech Unlimit makes its second African expansion, acquires Kenyan PSP licence

Two months after launching operations in Nigeria, UK fintech Unlimit has acquired a PSP licence in Kenya.

Pade HCM introduces Pade 3.0 to automate Africa’s HR management

Pade 3.0 redefines Africa’s HR industry standards with its advanced Human Resources management features.

Helium Health secures $30M Series B to expand its fintech offering in Africa

Helium Health, a Nigerian healthtech that provides SaaS tools, financing, and insights to healthcare providers and public health organizations, has raised $30 million in Series-B funding.

Sudan has imposed nine internet restrictions since 2021

Sudan and four other African countries broke a 2021 United Nations resolution aimed at curbing internet restrictions.

CcHUB selects Money Africa, Gradely and 10 other Nigerian startups for edtech fellowship

After three months of application and selection process, Africa's largest innovation hub Co-Creation Hub (CcHUB) has selected 12 startups for its inaugural Mastercard Foundation-backed edtech Fellowship Program.

Naira has not devalued, CBN says

The Central Bank of Nigeria has debunked reports saying that the Naira has devalued. According to the bank, the Naira exchange rate at the I&E window is currently ₦465 to $1.

Why Ghana is building a cybersecurity centre for banks and fintechs

The Bank of Ghana has launched the Financial Industry Command Security Operations Centre (FICSOC) to provide threat intelligence-sharing, industry situational awareness and incident response among its regulated financial institutions.

Kenyan digital lenders kick against 20% excise duty

In Kenya, digital lenders have rejected the proposed 20% excise duty remission required by the Kenyan government, citing economic realities and imbalance implementation.

Lagos relaunches Workspace Voucher Program for startups

The Workspace Voucher Programme by Lagos Innovates has been relaunched to facilitate access to well-equipped workspaces for Lagos-based startups.