Tyme raises $77.8 million to fuel global expansion

This comes as the group's South African flagship, TymeBank, celebrates its seven million customer milestone this month

BD Insider 163: Nigerian senate still wants to pass the NITDA Bill

The controversial NITDA bill might be passed by the Senate. we also explored the proposed launch of Africa's cheapest smartphone in Kenya, the latest about MTN mobile money operations in Cameroon and NigComHealth.

In July, Kenya will launch “the cheapest smartphone in Africa”

Following President Ruto's announcement on Kenya's plan to manufacture the cheapest smartphones in Africa, the country says the launch will hold in July.

Why Tizeti wants to improve broadband penetration in Cote d’Ívoire with Microsoft

Tizeti, a leading internet service provider in West Africa has partnered with Microsoft to improve broadband penetration in Cote d’Ívoire and bring internet access to almost five million people.

NUTM, a tech-focused varsity gets licence to operate in Nigeria

The Nigerian University of Technology and Management has been granted official university licence by the National Universities Commission.

Andela acquires Casana, a Munich-based network of IT talent

Andela, a pioneer of early software developer growth in Africa—now a “​​global network for remote technical talent” has acquired Casana, a Munich-based network of IT talent.

Will blockchain combat drug counterfeiting in Africa?

Every year, about 100,000 deaths are recorded in Africa due to counterfeit drug, experts say that blockchain technology is a solution to this menace.

Carry1st brings mobile Premier League to Africa

Carry1st has launched India's leading mobile esports and gaming platform in Africa. As the official licensor and publisher of Mobile Premier League (MPL) in Africa, Carry1st will enable new players to access one of the world's largest Paid Competitive Gaming (PGC) platforms.

uLesson’s Miva University is now a licensed online university in Nigeria

Miva University, a tertiary education arm of Nigerian edtech uLesson has obtained an Open Distance eLearning Licence from the National Universities Commission to operate in Nigeria.

Kenyan fintech M-KOPA gets $250M+ in debt and equity

M-KOPA has secured more than $250 million in debt and equity funding to boost its smartphone financing offering, expand into additional markets, and prioritize sustainability.

Nigeria’s SEC grants Volition Cap licence to kickstart fund management

The license validates African model that leverages traditional cooperatives

BD Insider 162: Nigerian banks owe telcos ₦120 billion USSD debt

We are starting the week with two funding news. Pan-African asset financing platform, M-Kopa has secured over $250 million in new funding. The investment includes $55 million in equity and over $200 million in debt, according to reports. It is one of the largest combined debt and equity funding that has been raised in the […]