All you need to know about SantaBen 2022

Benjamin Dada returns with over $100,000 worth of tech scholarships, thanks to training and infrastructural partners. Participants stand a chance to win laptops, solar inverters and skill training.

Who won the 2022 MEST Africa challenge?

MEST Africa has announced Senegalese tech startup Kwely as the winner of the 2022 edition of the MEST Africa Challenge (MAC); a pan-African tech startup pitch competition.

Chipper Cash’s valuation dropped by 37.5%—from $2B to $1.25B

Chipper Cash's valuation was slashed by 37.5%—from $2 billion to $1.25 billion before FTX's bankruptcy.

CBN sets cash withdrawal limits to boost its cashless policy

Effective January 9, 2023, the Central Bank of Nigeria (CBN) has revised withdrawal limits to ensure a cashless economy.

Why Kenya is reintroducing MOMO and bank transactions charges

Two years after the Central Bank of Kenya (CBK) waived charges for transactions between mobile money (MOMO) wallets and bank accounts due to the impact of the COVID-19 pandemic, the bank has reintroduced the charges to "facilitate a transition towards sustainable growth of the mobile money ecosystem, and ensuring affordability of payment services for Kenyans".

Inside the hell that Lagos tech bros go through to rent a house

Lagos is the headquarters of Nigeria’s tech sector, and despite the harsh regulations therein aside, this sector continues to thrive because of the abundance of opportunities and potential it offers.

Aruwa Capital wants to invest over $20M in African women-led businesses

Lagos-based female-founded early-stage growth equity fund, Aruwa Capital has raised over $20 million from global institutional LPs

VENCO secures $670k pre-seed to enable proptech in Africa

With growing urbanisation across Africa, multi-property developments have emerged as the preferred mode of delivering residential and commercial real estate.

BD Insider, Letter 140: Is Africa about to have its own humanoid?

Is Africa about to have its own humanoid?

Nigeria wants to tax crypto transactions

By 2023, the Nigerian government will start the taxation of cryptocurrencies and other digital assets if the proposed Finance Bill 2022 is approved.

How Zone’s (formerly Appzone) plan to power global payments with blockchain

Appzone has rebranded Zone, to power global payments with its regulated blockchain network, its BaaS product is now known as Qore.

Lazerpay to layoff employees as its proposed seed fund’s lead investor withdraws

The CEO and Founder of Lazerpay, Njoku Emmanuel, announces that it will be laying off some of its employees