Why MTN’s MoMo PSB is suing 18 Nigerian banks

MTN Nigeria's fintech subsidiary, Mobile Money Payment Service Bank (MoMo PSB) Limited has sued 18 commercial banks to seek a refund for ₦22.3 billion ($53.7 million) "erroneously transferred to 8,000 bank customers".

The evolution of Abeg from incorporation, Piggyvest acquisition to a CBN MMO AIP

Abeg Technologies Ltd secured an Approval-In-Principle (AIP) from the Central Bank of Nigeria (CBN) as a Mobile Money Operator (MMO) on April 25, 2022, completely rebrands to "Pocket by PiggyVest". How did it get here?

16 African startups backed by ODX Accelerator

Launched in 2021, the ODX Accelerator has backed 16 African tech startups including Pivo, Sendstack, Mizala and Oneport 365.

Healthtracka secures $1.5 million seed to expand across Africa

Healthtracka has raised $1.5 million in a seed round led by Hustle Fund and Ingressive Capital. Flying Doctors and Alumni Angels Alliance also participated in the round.

Uganda to launch its first satellite in September

Uganda has announced that it will launch its first satellite into the low Earth orbit from the International Space Station, this September.

Lagos considers the adoption of Nigeria’s Startup Bill

Nigeria's commercial capital, Lagos said it will domesticate Nigeria's Startup Bill (NSB). Lagos is the second Nigerian state, after Kaduna to make this consideration.

Kaduna Technology City: a glimpse at the future of tech ecosystems in Africa

The Central Bank of Nigeria will introduce an Unstructured Supplementary (USSD) code to improve the Central Bank Digital Currency (CBDC).

Uber records one billion trips in Africa

Uber has completed one billion rides across its African routes, which is over 10 billion kilometres in distance.

Ethiopia is creating enabling regulations ahead of Safaricom’s M-Pesa launch

Ethiopia has started changing its national payments law to clear the way for Safaricom to introduce its popular mobile payment platform M-Pesa in the market of 110 million users.

BD Insider: Flutterwave responds to 86fb/86z’s allegations of maliciously freezing and extorting its funds

In this letter, we covered Meta's response to allegations of poor work conditions at its contractor’s hub in Kenya and Flutterwave's response to 86fb/86z allegations

Equiano lands in Lagos, set to boost internet connectivity and slash prices

Google and cable landing partner WIOCC has announced the landing of the state-of-the-art Equiano subsea cable in Lagos, Nigeria.

What you need to know about the UK’s Global Talent Visa

The UK's Global Talent Visa allows exceptional professionals academia or research, arts and culture and digital technology to work in the UK.