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Abdullahi Kafayat
Abdullahi Kafayat is an enthusiastic writer interested in the tech world. She's a graduate of Obafemi Awolowo University and has a BSc in Chemistry. You can reach her at Kafayatabdullahi17@gmail.com.
Jumia’s Share Price Falls after Poor Revenues in Q2 2024
Jumia’s share price falls from 53.82% to $4.89 on Tuesday, after the Africa-based e-commerce brand posted Q2 financial results that disappointed investors. The firm provides e-commerce and delivery services much like Amazon (NASDAQ:AMZN) does in the U.S. Jumia’s Share Price…
Network International, Dubai-based Payment Services Provider, Launches Network One in Nigeria
Network International, a Dubai-based payment services provider, has launched its new digital payment platform, Network One, in Nigeria. This $250 million platform is designed to empower banks, mobile network operators (MNOs), and fintechs across Nigeria and the broader West African…
MTN MoMo PSB Faces Leadership Crisis
MTN MoMo Payment Service Bank (PSB) has lost two leaders in a leadership change going on in the company. Both Eli Hini, CEO of MTN’s MoMo Payment Service Bank (PSB), and Elsa Muzzolini, Chief Commercial Officer, have resigned. MTN MoMo…
YouTube Introduces a Feature that Allows Creators Use Google Gemini to get Video Ideas
Gemini AI has recently been making rounds on the internet, and Youtube would not be left out in this AI goodness. YouTube is now experimenting with an integration with Google Gemini themed “brainstorm with Gemini” to help creators brainstorm video…
Kenya Government Launches Procurement Portal to Boost Procurement Processes
Kenya Government, Public Procurement Regulatory Authority, in partnership with GIZ and Strathmore University’s @iLabAfrica, announces the launch of the upgraded Public Procurement Information Portal. The fully automated PPIP will be used for the publication of contract awards and tender notices…
Sendsprint Expands to the US, Acquires Nobel Financial Inc.
Nigerian-owned startup Sendsprint has acquired Nobel Financial Inc., a US-based global remittance service provider, to expand its footprint and services to customers in the United States. The firm is a cross-border payments startup operating in the UK, Ghana, Kenya, South…
Founders Factory Africa is now 54 Collective, a VC firm
Founders Factory Africa (FFA), an African venture capital, has announced its rebrand and name change to 54 Collective. The company has developed its business model to better support transformative technology ventures across the continent. Founders Factory Africa Rebrands To 54…
JUST IN: CBN Approves Merger of Providus Bank and Unity Bank
The Central Bank of Nigeria has approved the merger of Providus Bank Limited and Unity Bank Plc. This marks a notable milestone in both banks’ development. The approval came after months of the deteriorating financial health of the Unity Bank. …
Google’s new AI Feature will Help you Fix Connectivity Issues
Google, a prominent leader in AI features and tools, introduced its new sets of ‘Help me’ AI tools. The AI tools include History Search, Tab Organizer, Tab Compare, and more. The search engine giant also added these new features, plus…
Kuda Doubled its Users from 2.4 million to 4.9 million in 2022
Nigeria’s prominent neobank, Kuda, backed by Target Global, has tripled its revenue. This is reportedly stated in its recent audited financial statements, which were filed with U.K. regulators where the startup is incorporated. High Customer Base Leads To Increased Revenue For…