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Ivorian fintech startup Djamo has raised $17M in its latest funding round in Côte d’Ivoire to expand inclusive banking to 1 million users. This is the largest equity financing ever for a startup in Côte d’Ivoire and affirms the strong…
Flutterwave has officially launched its Send App in Ghana, a major milestone on its journey to simplify international remittances for both individuals and businesses. With the release of the Flutterwave Send App in Ghana, users can now get money from…
MTN Ghana has responded to growing concerns from customers about rapid data depletion, dismissing accusations that the telecom giant is stealing users’ data. The telecoms giant said it is partly responsible for rapid data depletion; from 3G and 4G networks…
Sterling Bank has officially removed all charges on local online transfers. Sterling Bank is Nigeria’s first major bank to adopt a zero-transfer fee regime. The statement was released on Monday after they received a lot of complaints about the current…
Nigeria’s logistics and ecommerce platform, Kwik, has announced their partnership with Alibaba to empower Nigerian exporters. Along with this announcement, Kwik has also become the first ever Authorized Channel Partner of Alibaba. com in Sub-Saharan Africa. Meanwhile, with this partnership,…
Ethiopian Airlines is taking another step towards the future of transportation with the launch of an electric air taxi service in Ethiopia. The new service will be launched by a collaborative effort of Ethiopian Airlines and Archer Aviation, a U.…
Binance, one of the most popular cryptocurrency exchanges in the world, lost more than 50% of its value in just a few minutes. Many traders and analysts were puzzled by the sudden drop and even tried to pinpoint the culprit.…
Guaranty Trust Holding Company (GTCO) Plc has recorded N1.017 trillion profit after tax for the 2024 financial year, an increase of 88.4% from the N539.6 billion made in 2023 as the institution was credited with significant growth in financial services…
Cleva, a Nigerian fintech company, has achieved a significant milestone by obtaining an International Money Transfer Operator (IMTO) license from the Central Bank of Nigeria (CBN). The license will allow Cleva to transact cross-border money transfers into Nigeria. This will…
Spiro, a leading electric vehicle company in Africa, has made history by launching Africa’s first all-women electric vehicle assembly line in Togo. It is a historic milestone in the development of gender equality and sustainable transportation on the continent. Spiro,…
