NLC strike e-hailing drivers shutdown! The Nigerian Labour Congress (NLC), the umbrella body for trade unions in Nigeria, has called a nationwide strike beginning on Monday, June 3rd, 2024. The strike action comes amid rising inflation and an economic downturn…
In a dramatic turn of events, Nadeem Anjarwalla, a regional executive for cryptocurrency giant Binance held by the Nigerian government, has just walked out of detention in Nigeria. The news was confirmed by the Office of the National Security Adviser…
A South African company called VezoPay has launched a smart payment ring that allows users to ditch their wallets and even their phones when making purchases. This new payment ring, developed by South African entrepreneurs Jake Pinkus and Lawrence Baker,…
MTN Nigeria, the country’s leading telecommunications provider, has clawed back a significant portion of the funds lost due to a glitch in its mobile money service, MoMo. The company announced in its 2023 financial report that it successfully recovered ₦12.5…
Kenyan entrepreneur Dennis Maina, the visionary force behind the successful digital marketing agency Suss Digital Africa (Suss ads), has been listed as one of the winners of the Forty Under 40 Africa Awards 2024. This honor puts Maina’s work in…
Nigerian fintech companies, including Opay, Kuda, and Moniepoint, have resumed adding new customers to their platforms following a recent government action aimed at tightening regulations in the fintech sector. The move marks a significant shift in the industry’s trajectory, as…
Egyptian edtech startup, Sprints is revving its engines for global expansion with the help of a fresh $3 million bridge round. Just at the time when the company was marking its outstanding track record, this funding surge came: more than…
Kano emerges as Nigerian startups hub! For a long time, Lagos has been synonymous with Nigeria’s tech scene. However, a new player is rapidly emerging in the north: Kano. Kano, the commercial capital of Northern Nigeria, has witnessed a phenomenal…
Alert Microfinance Bank (MFB), a subsidiary of Alert Group, has unveiled a new mobile banking app that promises to transform the way customers handle their finances. User-Friendly Features The new app, designed to be incredibly user-friendly, is packed with features…
Mobius Motors, a Kenyan automaker backed by Playfair Capital, has accepted an acquisition offer from an undisclosed buyer just one week after announcing its closure. The company, known for its affordable and rugged Mobius cars designed for African roads, has…
