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Kenyan HR payroll provider, Workpay lands $2.7 million pre-Series A

Workpay has secured a $2.7 million pre-Series A round from Launch Africa and other investors, to expand across Africa.

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Misconceptions about creating a content marketing strategy that generates lead

Content marketing no doubt has become a widely used marketing strategy for businesses in today's digital age. However, despite its growing popularity, there are still many misconceptions about what content marketing is and how it works.

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How Fluidcoins acquisition will enable Nigerian-led crypto exchange Blockfinex

UAE-based crypto exchange, Blockfinex has acquired Fluidcoins Nigerian crypto payment gateway in an undisclosed deal.

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CBN did not authorise banks to collect old ₦500 and ₦1000 notes

The Central Bank of Nigeria has debunked reports that it authorised commercial banks to start accepting the old ₦500 and ₦1000 notes.

Fintech

Why is Ghanaian fintech, Dash CEO on indefinite administrative leave?

Prince Boakye Boampong, the founder and CEO of Dash, a Ghanaian fintech that enables users to move money between mobile money and bank accounts, has been temporarily suspended by the company's board.

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Five organisations giving equity-free funding to startups in Nigeria

Starting a new business can be an exciting, yet challenging venture. One of the biggest obstacles entrepreneurs face is securing funding to get their businesses off the ground.

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Famasi secures pre-seed to build Africa’s digital pharmacy infrastructure

Nigerian healthtech, Famasi Africa has secured an undisclosed pre-seed in a round led by Microtraction, to build the pharmacy infrastructure for African digital healthcare.

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Old ₦200 notes will be legal tender for 60 days — President Buhari

To ease the supply pressure on citizens, Nigeria's President Buhari has approved the use of old ₦200 notes as legal tender until April 10 2023..

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Smile Identity lands $20M Series B for pan-African expansion

Africa's leading KYC onboarding and identity verification platform, Smile Identity has secured a $20 million Series B to grow its team and expand its offering across Africa.

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Francophone Africa’s Qotto secures $8M Series A

Francophone Africa-focused cleantech company, Qotto has raised $8 million in a Series A equity-debt round to scale its operations in existing markets and expand to Ivory Coast.

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President Buhari signs Nigeria’s first business facilitation bill into law

President Muhammadu Buhari has signed the business facilitation (miscellaneous provision) bill 2022 to tackle bureaucratic constraints to doing business in Nigeria

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Why Ethiopia wants to sell 45% of Ethio Telecom

The Ethiopian government wants to sell 45% of its telecom Ethio Telecom, which lost its monopoly in 2022, a figure up from the 40% sale announced in November 2022.

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