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Career Development

Endeavor Nigeria appoints Ireayomide Oladunjoye as its MD & CEO

Ireayomide Oladunjoye has been appointed as the managing director and CEO of Endeavor Nigeria.

Fintech

Flutterwave cleared of fraud allegations in Kenya

About seven months later, Nigerian fintech, Flutterwave has been cleared of money laundering charges in Kenya.

News

DRC’s first open-access data centre will commence initial operations in Q2 2023

OADC Kinshasa is a strategic element of digital infrastructure for the DRC, which the World Bank reports as being one of the most underdeveloped digital economies in Africa.

News

In Malawi, mobile money users get scammed of about $117K monthly

According to Malawi Communications Regulatory Authority, cybercriminals steal about $117,000 via mobile money transfers every month.

News

South African digital lender Lulalend secures $35M series B

Lulalend, a South African digital lender has raised a $35 million series B, to launch a digital bank for SMEs

News

MNT-Halan secures $400M investment, becoming Africa’s latest unicorn

The Egyptian fintech and e-commerce company secured over $400 million in equity and debt financing from local and global investors.

News

BD Insider, Letter 147

In BD Insider, Letter 147, we examine licensed digital lenders in Nigeria, the amendment in Kenya's employment bill and the Nigerian trade union of Bolt, Uber and e-hailing drivers

News

ARM Labs Lagos Techstars Accelerator admits 12 African startups

For its inaugural batch, ARM Labs Lagos Techstars Accelerator has admitted 12 African startups from Nigeria and Kenya.

News

Kenya licenses 12 more digital credit providers — making it 22

The Central Bank of Kenya has issued digital credit providers' licences to 12 more lenders in the digital loans market, taking the number of licensed digital lenders to 22.

News

GetEquity is raising $100K at a valuation of $10M from retail investors

About a year after closing a six-figure pre-seed round led by GreenHouse Capital, GetEquity is raising $100,000 from retail investors on its platform at a $10 million valuation.

News

Mafab launches 5G network in six Nigerian cities

Mcom, formerly Mafab has launched its 5G network across six Nigerian cities but the network is not commercially available yet.

News

106 digital lenders are now licensed to operate in Nigeria

Following the introduction of the digital lending regulatory framework in August 2022, the Federal Competition and Consumer Protection Commission (FCCPC) has approved the operation of 106 digital lenders in Nigeria.

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