Breaking: Binance Nigeria processed $26 billion in 2023, says CBN Governor

The Central Bank of Nigeria (CBN) governor, Olayemi Cardoso, recently explained that the restrictions placed on crypto exchanges, like Binance, are intended to limit illegal financial activities conducted through these platforms.

Damage causes outage for Africa’s first subsea cable

The outage has had an impact on some clients’ businesses but the operator has been working diligently to ensure service continuity

Meet the Africans behind Ocular AI: The startup making history at Y Combinator

Silicon Valley startup Ocular AI, founded by a Zambian and Zimbabwean software engineer duo, has been selected for the Y Combinator Winter 2024 batch.

War-rocked Sudan jumps on Starlink to beat internet cuts

The country is experiencing a near-total telecoms blackout, as mobile network providers have been critically hit by disruptions

One year later, Moove is still doubling down on its Indian bet

Barely a year after expanding into India, Moove, a Nigerian mobility startup has secured $10 million to expand its vehicle financing offering to more cities.

BD Insider 220: Nigeria’s capital city plans crackdown on unlicensed ride-hailing startups

Gloomy news: Over the weekend, a tragedy gripped the Nigerian (and African) communities, especially those in the business and finance sectors, as Herbert Wigwe, the co-founder and group CEO of Access Holdings, died in a helicopter crash in California.

South Africa to deactivate 2G and 3G networks in 2027

In September 2022, South Africa's minister for communications, Khumbudzo Ntshavheni, for the first time outlined plans for the phasing out of the country's second and third-gen internet connectivity services. 

Presenting our 2023 State of Startup VC Funding in Africa Report

The report, which aims to provide a comprehensive view of the African tech funding ecosystem, reveals that, in line with the global downturn in venture capital funding, the African tech sector saw a significant slowdown in 2023.

OneWeb gains footing in SA’s satellite internet wars

United Kingdom-based low earth orbit (LEO) satellite communications firm OneWeb is bullish on conquering the South African internet connectivity space

South African internet users double down on Starlink

West African private equity firm Verod has acquired a 65% stake in Nigeria's leading fitness chain i-Fitness from CardinalStone in a $12 million deal.

Zilla halts BNPL service to focus on cross-border payment

Nigerian fintech startup, Zilla is discontinuing its buy-now-pay-later (BNPL) service to focus on Zillawire, its newly launched cross-border payment.

SafeBoda is returning to Kenyan roads

Ugandan ride-hailing startup, SafeBoda, is set to re-launch in Kenya via Nairobi, the capital city, in February. According to a countdown on its website as of today, January 22, 2024, the ride-hailing service will hit Nairobi roads in the next 13 days—February 4, 2024.