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African Development Bank (AfDB) has approved a $10 million investment in the KawiSafi II Fund. The significant move is to support Africa’s Climate startups. The investment was approved by the Bank’s Board of Directors and will be allocated from a…
Detained Binance executive Tigran Gambaryan’s health is quickly declining and is “mostly bedridden,” and he is reportedly being denied “adequate” access to his legal team. His legal team has not been allowed into Kuje Prison to meet him since July…
Lagos State Government has decided to tokenize real estate on the blockchain. According to Africa’s Web 3 and Digital Economy Aggregator, Cyberchain, this development can lead to shared prosperity, as more Nigerians can participate in real estate investments previously out…
Safaricom has shut down its API access previously granted to PrivPay. This was due to several violations of compliance set in place by the organization. Safaricom Shutdown PrivPay PrivPay is a fintech startup in Kenya that allows customers to make…
The Amalgamated Union of App-based Transporters of Nigeria (AUATON) has expressed significant dissatisfaction regarding the recent rollout of the Presidential Compressed Natural Gas Initiative (PCNGI), particularly concerning the CNG conversion benefits. AUATON claims that the initiative has unfairly excluded its…
VertoFX , a global financial technology firm, has announced the appointment of former JumiaPay MD, Dr. Austin Okpagu as its first Country Manager for Nigeria. The significant move enforces the company’s long-term commitment to the country and the broader West…
Canal+ is expanding its reach in the African pay-TV market. Vivendi SE’s Canal+ has doubled its stake in MC Vision to become the major shareholder of the Mauritius-based digital pay-TV company. According to Bloomberg, the French company had increased its…
Quizac, a promising startup focused on enhancing learning experiences through interactive quizzes, has announced its closure. The decision comes just months after the Quizac team made headlines for turning down a $250,000 investment offer from a venture capital firm. This…
The West African Examinations Council (WAEC) has announced that candidates can now easily check their 2024 May/June results using their phones. This exciting development comes as a relief to many, as the traditional methods of visiting schools or waiting for…
In recent weeks, Kenyan drivers have found themselves embroiled in a heated dispute with ride-hailing apps over fare rates and working conditions. As these ride-hailing companies continue to expand their operations in Kenya, drivers are increasingly voicing their concerns regarding…
