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1st Africa Data Protection Conclave set to hold October 15th and 16th

The first Africa Data Protection Conclave is set to hold virtually on Thursday October 15 and Friday October 16, 2020.  Theme Personal Data...

Egypt-based Fawry Becomes Africa’s Third Unicorn to Reach a Billion-Dollar Valuation

Fawry, an Egypt-based e-payment platform has become Africa’s third unicorn to reach a billion-dollar valuation. Its share price increased by 21% from...

Industry Group set to host a national dialogue on taxation and developing the non-oil sectors

…as the Economic Sustainability Committee (ESC) design strategies for economic growth through taxation The Telecommunication and Technology Sustainability Working Group...

After GTBank, Sterling Bank is restructuring into a holdings company

Sterling Bank is going the way of GTBank. The sixty-year-old bank is planning a restructuring and has already secured regulatory approval to operate as...

Nigerian mobility startup, MAX, floats ₦10 billion bond to expand services in Africa

Nigerian mobility startup, Metro African Xpress (MAX) has successfully completed the issuanceof a ₦400 million ($1 million) 1-year fixed-rate notes series 1...

The Nest, A Zoom Shark Tank facilitates more than $2M in commitments for more than 20 Startups in Africa and Asia

When the worldwide COVID19 lockdown went into effect in February 2020 the challenges of fundraising increased exponentially. Entrepreneurs, especially in emerging markets...

Wema Bank sets to hold innovation challenge; calls for entries to pitch solutions in agritech, healthtech, others

Wema Bank Sets to Hold Innovation Challenge; Calls for Entries to Pitch Solutions in Agritech, Healthtech, others Advances in...

US Federal Court Delays TikTok Ban

TikTok has been awarded a life-line after a US federal court ruled to delay its impending ban. Earlier this...

BBD Achieves AWS Advanced Partner Status

BBD has announced that they have achieved the Amazon Web Services (AWS) Advanced Consulting Partner status in the Amazon Partner Network (APN). 

Pinnacle Extends Huawei Distribution Agreement Further into Africa

Huawei and Pinnacle initially commenced their partnership in 2015 and have seen some terrific growth in the past five years, including their...

Facebook is opening its second African office in Lagos, Nigeria

Global tech giant, Facebook has announced plans for a Nigeria office which is to be located in the country’s commercial and tech...

Instagram Founder could become New TikTok CEO

TikTok is reportedly talking to founder and former CEO of Instagram, Kevin Systrom. This comes after Kevin Mayer resigned from his position as...
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Ayoken raises $1.4M to grow its NFT marketplace for creatives

Ayoken, an NFT marketplace for creatives, has raised $1.4 million pre-seed funding to enable users grow their revenue...

Betastore gets $2.5M to solve stockouts, financing challenges for informal retailers in West and Central Africa

About 80% of household retail in sub-Saharan Africa is delivered through informal channels, which perennially face several challenges like stockouts,...

Crown Flour Mill’s economic contribution gets presidential recognition 

Crown Flour Mill Limited (CFM), the wheat milling subsidiary of Olam International, an agribusiness firm, has won Nigeria’s National...

Government-directed internet shutdowns in Africa threaten digital penetration and inclusive growth

Africa’s leaders say they want high standards of living, educated citizens, and a quality of life underpinned by science,...