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The Nigerian government has approved $53 million for the installation of free internet services at 20 selected airports, six markets and 43 universities across the country.
The European Union has approved a $378 million financing for Kenya to boost the country’s Bus Rapid Transport System which will be run by EVs.
Nigerian shared-mobility startup, Shuttlers has raised $4 million in equity funding to expand its offering across the country. The funding round was led by Verod-Kepple.
Barely 24 hours after rumours started about layoffs at Microsoft ADC Kenya, an employee has confirmed that he was affected by the layoff which is part of a global job cut at the big tech.
Shola Akinlade, Paystack co-founder and CEO has acquired a 55% stake in Aarhus Fremad, a Danish football club. This acquisition will bolster the growth of his Nigeria-based club, Sporting Lagos.
Three years ago, Uber disclosed its plan to be a zero-emission platform by 2040, a commitment that is worth about $800 million, according to Dara Khosrowshahi, Uber's CEO.
Payday, with over 330,000 users and 40,000 daily transactions, has raised a $3 million Seed round led by Moniepoint Inc., a later-stage financial services holding company.
Fez Delivery, a leading logistics and delivery company, has raised a $1 million seed fund in a round led by Ventures Platform.
HiiL’s Justice Accelerator focuses on preventing and resolving justice problems. HiiL has supported more than 120 justice innovations worldwide since 2011.
Twitter is rolling out the legacy verified program that allows notable individuals to have blue checkmarks next to their names, the checkmarks will only be left for Twitter Blue subscribers.
The Central Bank of Nigeria has disclosed that eNaira transactions have experienced growth amidst the ongoing cash crunch in the country. The value of transactions has surged to 63%.
Financial gateway service provider, PAYM8, in partnership with WIZZIT, has introduced its Tap-on-Phone SoftPOS solution in South Africa, to offer an alternative to traditional point-of-sale devices.
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