Since 2021, Google has backed 110 African startups through the Black Founders Fund

Black-led startups globally accounted for 0.5% of the venture capital funding in 2020, according to Google. To bridge this gap, the big tech firm launched the Black Founders Fund (BFF) in 2020 across Africa, Europe, South America and North America.

EXPLAINER: Network freeze is not a network shutdown or outage

Some of the campaigns ahead of Nigeria's general elections have been fueled by misinformation. With less than 48 hours to presidential and federal legislators elections, misinformation is at its peak.

Kenyan HR payroll provider, Workpay lands $2.7 million pre-Series A

Workpay has secured a $2.7 million pre-Series A round from Launch Africa and other investors, to expand across Africa.

Supreme Court suspends Nigeria’s demonetisation process

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.

Flutterwave expands into North Africa

Nigerian fintech, Flutterwave has obtained payment services provider and payments facilitator licenses from the National Bank of Egypt.

Flutterwave cleared of fraud allegations in Kenya

About seven months later, Nigerian fintech, Flutterwave has been cleared of money laundering charges in Kenya.

MNT-Halan secures $400M investment, becoming Africa’s latest unicorn

The Egyptian fintech and e-commerce company secured over $400 million in equity and debt financing from local and global investors.

106 digital lenders are now licensed to operate in Nigeria

Following the introduction of the digital lending regulatory framework in August 2022, the Federal Competition and Consumer Protection Commission (FCCPC) has approved the operation of 106 digital lenders in Nigeria.

Facebook’s Africa partner, Sama quits content moderation operations

Sama, Facebook's largest content moderator has discontinued its services for the social media company.

Why ARCON is coming after digital content creators in Nigeria

Nigeria's advertising regulator, ARCON has mandated digital creators to request permission before advertising products and services.

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.

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".