- Many emerging businesses die because of poor execution and focusing on the wrong thing to execute. Here's how execution of strategy can contribute to success.
- On March 14, over a dozen African countries experienced internet outages due to damage to submarine fibre optic cables along the West African coastline. The impact was severe, with massive disruptions to financial services. Among the worst affected were Ghana, Liberia, Benin, and Côte d’Ivoire,…
- In today’s edition: Access Bank to acquire Kenya’s National Bank || SA’s DocFox gets acquired for $75 million || Kenya’s judiciary goes digital || Telkom to sell tower business to Actis || Safaricom teams up with Onafriq for remittance play
- “I bought a vehicle worth $600 and got it shipped for $1600. When it got to Nigeria, I had to pay about N3 million ($1,886) to clear the vehicle. This has never happened in the history of our business,”
- Pharmacy Marts, an Egypt-based startup that connects pharmacies and suppliers for medical supplies and cosmetics, has received a six-figure investment from early-stage venture capital firm Acasia Ventures.
- In today’s edition: Uber leads $100 million Series B round in Moove || Brass secures new funding || Vodacom announces layoffs in South Africa || TikTok has new rewards
- Through tappi’s existing partnership with MTN Côte d’Ivoire, the digital commerce startup has expanded its services to Côte d'Ivoire, to help Ivorian businesses create an online presence.
- Brass has raised a fresh capital from a group of investors, four people with knowledge of the deal told TechCabal, after it told customers on Tuesday that regular service had resumed.
- Saskia Van Der Mast and Hayo Afman, the co-CEOs of the Dutch family fund DOB Equity, have stepped down, throwing open the leadership of one of the largest private equity funds in East Africa.
- Nigeria has attracted eight subsea cables with huge capacities for connectivity and pushing investors to build bigger hyperscale data centres for storage
- Moove, a car-financing startup, has raised $100 million in a Series B round reportedly led by Uber, bringing its total fund raised to about $460 million.
- Koffi Kelvin, a QA extraordinaire, takes you behind the scenes to reveal the magic (and science!) behind bug-free apps! Buckle up for some quick-fire questions that'll make you see your apps in a whole new light.
- In today’s edition: Egypt gets $8.1 billion bailout || Kuda gets fintech licences in Canada and Tanzania || Zone gets $8.5 million in funding || Apple might integrate Google’s Gemini into its ecosystem || The Meme Token making millions
- The Central Bank of Nigeria’s suspicion of manipulation of forex prices on Binance was confirmed by internal analyses of P2P trading on the exchange. The report identified a cluster of Nigerian retail traders making large buy orders for USDT they planned to buy.
- Nigeria's Securities and Exchange Commission has proposed raising the minimum paid-up capital for virtual asset service providers (VASPs) to ₦1 billion, two times the previous proposed requirement of ₦500 million
- In today’s edition: It could take five weeks to fix your internet || Showmax bests Bester || Nigeria may increase crypto registration fees || Can Nigerian businesses deliver despite inflation?
- In February 2024, DHL increased delivery prices in Nigeria by 100%. Their reason was pretty obvious: the naira was devaluating and increasing operational costs for the company faster than they were able to make profit.
- This #EnteringTech🚀 guest spent her early years playing a Queen on stage. Now, Bukola Osuntuyi is leading customer success in African startups. In this edition, she shares tips for success, and tells all about how she turned a layoff around.
- One week after suspending its services in America, Chipper Cash claims it moved its UK and US business employees to other African business regions in a blog post published on Friday. It said twenty people were affected by that decision.
- Wasoko, the Kenyan e-commerce company, shut down its operations in Zanzibar on January 29 and paused operations in Uganda and Zambia on February 5, the company confirmed in a statement.
- This detailed article contains latest vital JAMB updates, and answers many pressing issues & queries you may have regarding 2024 JAMB UTME & DE registration. Read full article now:
- "One carton of instant noodles retails at ₦10,000 at wholesale price, over 30% higher than what it began the year with," said Bethel Ibeh, who runs a small-time cooking business in Ojodu Berger.
- If you selected the wrong subject combination during JAMB registration, you now have a limited window to make corrections. The deadline is very close. Read how to now:
- The underlying economic realities that push borrowers to default in the first place may mean that repayments are impossible. “Without addressing these issues, ethical debt collection may not be enough"
- AI image generators may not exactly replace actual animators or G.designers. But they can wet your visual fantasies with great results in little time & at almost no cost. See our 3 picks & pro tips to use them:
- In today’s edition: Quick Fire 🔥 with Koffi Kelvin || Here’s why your internet was down yesterday || Binance promises to cooperate with Nigerian authorities || South Africa to approve 60 crypto licences || Flutterwave appoints more executives
- Flutterwave has appointed Dipo Fatokun, a former director at the Central Bank of Nigeria as its new board chairman, as part of its effort to uphold higher regulatory, compliance, and governance standards.
- South Africa’s Financial Sector Conduct Authority (FSCA) has approved operating licenses for 59 cryptocurrency firms out of 355 applications it received.
- Binance claims to have responded to 626 information requests from Nigerian authorities since 2020 which has assisted investigations into financial crimes such as scams, fraud, and money laundering.
- Airtel Africa is exploring taking its mobile money unit public, with a potential valuation surpassing $4 billion, according to a new Bloomberg report. Talks of the IPO are in preliminary stages and the company may decide against going public.
- Interswitch, the Visa-backed Nigerian payments giant, has merged with M-Kudi, a mobile money provider, as it seeks a payment service bank license from the Central Bank.
- In today’s edition: Nigeria wants info on top 100 Binance users || Interswitch acquires MVNO licence || Stanbic IBTC pauses Kenyan subsidiary launch || Unlimit expands to Tanzania