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To drive e-pharmacy adoption in Africa and the Middle East, Yodawy has secured $16 million in a Series B round co-led by Delivery Hero Ventures and Global Ventures.
Following a lawsuit by three Northern governors challenging the Naira redesign, Nigeria's Supreme Court has temporarily halted the enforcement of the Feb. 10 Naira swap deadline.
Nigerian fintech, Flutterwave has obtained payment services provider and payments facilitator licenses from the National Bank of Egypt.
Nigerian logistics startup, Hytch has shut down barely nine months after it commenced operations with a ride-hailing offering, then fulfilment.
The Federal Government of Nigeria has awarded an ₦85 billion contract to Zinox Technologies to supply digital assistants for the 2023 national census.
Egypt-based Gameball has closed a $3.5 million Seed round led by 500 Global, P1 Ventures and Launch Africa, to accelerate product commercialisation, accelerate enterprise customer acquisition and strategic hiring.
Doubling down on the success of its first pan-African fund, Partech has secured $262 million for the first close of its second Africa fund.
Ireayomide Oladunjoye has been appointed as the managing director and CEO of Endeavor Nigeria.
About seven months later, Nigerian fintech, Flutterwave has been cleared of money laundering charges in Kenya.
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.
According to Malawi Communications Regulatory Authority, cybercriminals steal about $117,000 via mobile money transfers every month.
Lulalend, a South African digital lender has raised a $35 million series B, to launch a digital bank for SMEs
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