Moniepoint Funding in African Startups: African startups raised $250 million in funding in October. This development was possible by a significant $110 million Series C round from Nigerian fintech company Moniepoint. This funding achievement represents a strong performance for the…
Visa Investment In Four African FinTech: Visa is pushing in fresh funding into four startups that graduated from the first batch of its Visa Africa Fintech Accelerator program. The company did not disclose the size of each investment but said…
eMedia Plans for eVOD Streaming Service: eMedia Holdings, the parent of e.tv and Openview, describes eVOD as the “Netflix of South Africa”. The company has disclosed its annual results report. The report reveals that eVOD has accumulated nearly 300,000 new registrations…
MTN’s Cameroon unit has refused to exit the market despite a messy legal battle of over $23.72 million in frozen funds and delayed investments. The company insists on staying despite the seizure of its bank accounts in 2022 under a…
Paystack, a successful African payment platform, has lost four of its senior managers to a new startup named GoLemon. The notable move was to launch GoLemon into the African delivery market. The startup is focused on groceries and household item…
As the excitement builds for the upcoming academic year, candidates who will successfully gain admission into their chosen institutions will be able to access their JAMB 2025 admission letter after admission. This crucial document is essential for completing the admission…
BVN, also known as Bank Verification Number, is a special ID number that helps make banking operations smoother and boosts security in Nigeria. Since the unification of USSD codes by most network providers, there has been a rush to keep…
Goodwell Investments, a Dutch impact investing firm, in partnership with Alitheia Capital, has recently declared its investment in OmniRetail, a Nigerian B2B e-commerce initiative. The investment with the B2B initiative was done via its uMunthu II fund, effectively kickstarting OmniRetail’s…
Chinese pay-TV operator StarTimes has refused to close its shop in South Africa, despite a directive from the country’s communications regulator, the Independent Communications Authority of South Africa (Icasa), to shut down its StarSat platform. The order comes after StarSat’s…
In order to support students and parents as they prepare for the new academic year, Xiaomi Nigeria has launched an exciting Back-to-School Promotion. This limited-time offer features amazing discounts and bundle deals on Xiaomi’s latest tablets and earbuds, making it…
