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Nigerian fintech, Payhippo acquires Maritime Microfinance Bank

Nigerian credit-led SME fintech, Payhippo has acquired Maritime Microfinance Bank (MFB) to enable its users to accept deposits from its customers and integrate with NIBSS.

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SmallSmall secures $3M seed to expand its proptech offering across Nigeria

Nigerian proptech, SmallSmall has raised $3 million seed to expand into major Nigerian cities like Port Harcourt, Enugu, and Jos, in 2023.

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Nigerian startups dominate Techstars Toronto 2022 Winter cohort

Techstars Toronto listed 12 startups for its 2022 Winter cohort, out of 12, nine are African, Nigeria makes up 99% of this number.

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Why CBN wants to redesign the Naira notes

The Central Bank of Nigeria (CBN) will start circulating redesigned ₦200, ₦500 and ₦1000 notes from December 15, 2022.

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CBN issues draft guidelines for contactless payment in Nigeria

The Central Bank of Nigeria (CBN) has published draft guidelines for contactless payment providers in Nigeria.

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Peach Payments partners with Stitch to offer one-click payments across South Africa

Stitch partners with Peach Payments to enable more South Africans to pay with instant electronic funds transfer (EFT).

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54gene CEO resigns, Teresia Bost to serve as interim CEO

Dr. Abasi Ene-Obong, 54gene's co-founder and CEO has resigned for undisclosed reasons. The company's General Counselor, Teresia Bost has been appointed as interim CEO.

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MTN wants to invest $150K in Nigerian SMEs

MTN Nigeria has launched the Blow My Hustle campaign aimed at empowering young Nigerians with viable businesses through capacity building and grants worth $150K.

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Spotify invests $100K into 13 African podcasts through its Africa Podcast Fund

Spotify has launched the Africa Podcast Fund, with the goal of supporting podcasters to further amplify their stories.

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Google launches Osun Osogbo Sacred Grove’s digital library

Google Arts and Culture in partnership with The Adunni Olorisha Trust and CyArk have launched the first and largest digital library of content showcasing the Osun Osogbo Sacred Grove.

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MoneyHash to drive digital payment in sub-Saharan Africa

MoneyHash has expanded its payment orchestration operations in sub-Saharan Africa

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Moove secures £15 million funding to scale up its UK operations

Moove's £15 million financing facility will enable it to scale up its UK operations with the aim of having 10,000 EVs on the roads by 2025.

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