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Vendease, a Nigerian food procurement startup backed by Y Combinator, is undergoing significant changes to become more profitable. As part of these efforts, the company is implementing its second round of layoffs in just five months. This Vendease Second Round…
Searching for Nigerian visa-free countries? We shall list the visa-free countries where Nigerian passport holders can travel in this page. What travel destination needs no visa? Not to add, you can use these nations to expand your travel experience as…
54 Collective, a prominent venture firm in Africa, has announced that it will shut down its venture studio operations following the end of its partnership with the Mastercard Foundation on April 30, 2025. This decision results in job cuts, marking…
Telecom Egypt reports 42% revenue growth in Q1 2025, showing a very strong start to the year. The company’s total revenue went up to EGP 24.8 billion, which is 42% higher than the same time last year. This big jump…
Safaricom and iXAfrica have teamed up to launch something big for Kenya and the whole East African region: East Africa’s first AI-ready data centre. This means that for the first time, businesses and government offices in the region will have…
Opening an M-Pesa account in 2025 is a straightforward process that offers numerous benefits. M-Pesa is a mobile money service that allows users to send, receive, and store money on their mobile devices. It was launched in Kenya in 2007…
Before the 2025 Unified Tertiary Matriculation Examination (UTME), the Joint Admissions and Matriculation Board (JAMB) has announced Lekki Headmaster JAMB Novel as one change in the reading text of the examination. According to reports, the board has substituted the former…
IHS Towers shares hit the highest point in 20 months, signaling a recovery for Nigerian telecom companies. On May 7, 2025, over 3 million IHS Towers shares were traded on the New York Stock Exchange, marking the largest single-day trading…
The recent release of the 2025 Unified Tertiary Matriculation Examination (UTME) results by the Joint Admissions and Matriculation Board (JAMB) has caused a huge uproar across Nigeria. Many students, parents, and education experts are deeply unhappy with what they call…
Egypt’s proptech startup Nawy raises a huge $75 million in Series A funding. This money comes from $52 million in equity and $23 million in loans from some of Egypt’s biggest banks. The funding round was led by Partech Africa,…