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Even though cash is still king, financial stakeholders in Africa are actively driving improvements to the continent’s e-payment infrastructure. As a result of technological advancements, financial services now need to be accessible, useful, and valued. To do this, the status quo must be challenged by creating quick and flexible digital payment methods. In this light, […]

In four years, small and medium-sized businesses in Nigeria have raised $23 million in growth capital, according to Cascador, an accelerator program for mid-stage entrepreneurs in Africa building mission-driven businesses. Dave DeLucia, a co-founder of Cascador, revealed this in a statement following the alumni banquet held at Victoria Island, Lagos. He claimed that over the […]

Savannah Energy PLC, a British independent energy company has signed a Memorandum of Agreement by Savannah Energy Niger Solar Limited, its subsidiary, with the Government of the Republic of Niger for the development of two solar photovoltaic power plants. The plants are with a combined installed power generation capacity of up to 200 megawatts. A […]

Airtel Africa plc Results for the year ended 31 March 2023 The Key drivers of Airtel Africa’s revenue growth for the year ended 31 March 2023 were mobile data and mobile money transactions. According to Airtel Africa’s results for the year ended 31 March 2023 released this week, the total customer base grew by 9.0% […]

Twitter has made its first acquisition under the Elon Must era. The microblogging site acquired a job-matching tech startup called Laskie, Axios reported on Tuesday. According to the report, this matter because this is the company’s first known acquisition under Musk’s leadership, and a transaction that helps fulfill the billionaire’s aspirations to turn Twitter into […]

A compliance and digital security infrastructure provider, Prembly, has partnered with the Namibia Financial Institutions Supervisory Authority (NAMFISA) for the second and sought-after Fintech Square at the launch of NAMFISA Regulatory Sandbox. L-r: Niyi Adegboye, cofounder/COO Prembly; Tosin Adisa, Head of Marketing Prembly; Kenneth Matomola, CEO NAMFISA; Oreoluwa Ajayi, Associate Director, Sales & Business Development, […]

Bolt, the mobility superapp with over 100 million customers in more than 45 countries and 500 cities across Europe and Africa, has announced a €2.5 million pledge to empower more women to drive with Bolt and other ride-hailing platforms. The pledge forms part of a new campaign launched by Bolt called ‘Women at the Wheel’ […]

AXA Ma​​nsard Health, Nigeria’s biggest Health Management Organization (HMO) has announced a one-year free Gold Health Insurance for Hilda Baci (Hilda Bassey Effiong), the 27-year-old Nigerian chef on her way to breaking the Guinness world record for the longest cooking time.  A Nigerian, Hilda Bassey Effiong (popularly known as Hilda Baci), on the verge to […]

FBNQuest, the investment banking and asset management subsidiary of FBN Holdings Plc., has continued to play a pivotal role in supporting transactions towards the growth of commercial paper issuances in Nigeria by successfully delivering debt transactions for corporates and institutions. Commercial Papers (CP) in Nigeria has remained a viable funding option for corporate entities seeking […]