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Moroccan fintech startup, PayTic raises $4 million in funding to broaden its payment automation services across Africa. The funding round was led by AfricInvest which was backed by Build Ventures, Axian Group, Mistral, Island Capital Partners and Concrete. The financing…
Umba, a credit-led digital bank, has secured a $5 million debt facility from Star Strong Capital to expand its lending operations in Kenya. The fintech startup has experienced rapid overgrowth ever since its inception in Kenya, so this funding comes…
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…
Fed up with slow internet and interrupted calls? A good wifi router can solve all that. But, how much is router wifi in Nigeria? The cost of a wifi router will also widely vary, depending on the model, brand, and…
Getting the latest iPhone isn’t just about owning a new gadget, it’s a statement of style and technology. The iPhone 15 Pro is now available in Nigeria, and many people can’t wait to upgrade. With its sleek titanium frame and…
AltSchool, a Nigerian-based edtech startup, has announced its plan to offer artificial intelligence (AI) education in various African languages, including languages such as Hausa, Igbo and Yoruba, under the slogan AI for 10M Africans. The program, which will begin on…
The Nigerian Senate is calling for a review of the recent 50% increase in telecom tariffs, due to rising cost of data and its impact on millions of Nigerians. The move came as complaints poured in about the financial pressure…
In the world of electronic devices, Apple products command attention and respect, especially iPhones. Owning an iPhone in Nigeria comes with an assumed level of prestige and pride. Within the brands, the iPhone 14 Pro Max is very much sought…
Telkom South Africa today announced it has officially entered the Mobile Virtual Network Operator (MVNO) space. The move in part was driven by Telkom’s pursuit to achieve greater competitiveness and compliance with the regulatory requirements imposed on Telkom by South…
