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Quona Capital has closed a $332 million fund to invest in fintech startups in emerging markets.
Kenyan logistics startup, Sendy has secured undisclosed funding from MOL PLUS Co., Ltd.
Contro, a South African telehealth startup has announced the close of its oversubscribed pre-seed funding round, raising a total of R10.1 million ($584,000).
Co-founders of African e-commerce giant, Jumia—Jeremy Hodara and Sacha Poignonnec—have stepped down from their roles as co-CEOs.
Algerian super-app, Yassir has raised a $150 million Series B fund from BOND.
Pan-African data and intelligence company, Stears has launched a data product; Stears Elections ahead of Nigeria's 2023 general elections.
Amazon Web Services has launched its first Nigerian office in Lagos to address the increase in customer and partner adoption of AWS services in Nigeria.
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.
Nigerian proptech, SmallSmall has raised $3 million seed to expand into major Nigerian cities like Port Harcourt, Enugu, and Jos, in 2023.
Techstars Toronto listed 12 startups for its 2022 Winter cohort, out of 12, nine are African, Nigeria makes up 99% of this number.
The Central Bank of Nigeria (CBN) will start circulating redesigned ₦200, ₦500 and ₦1000 notes from December 15, 2022.
The Central Bank of Nigeria (CBN) has published draft guidelines for contactless payment providers in Nigeria.
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