Africa
Africa: Madica Injects $800,000 into Four African Startups to Drive Innovation and Growth
Madica, a pre-seed investment program dedicated to African startups, has announced an $800,000 investment in four promising ventures across the continent. Each startup ...
Innovation
Nigeria: FG Seeks Strategic Partnership with Google to Boost AI Innovations
The Federal Government of Nigeria is advancing discussions with Google to drive Artificial Intelligence (AI) innovation and cloud adoption, positioning the country as ...
Nigeria
Nigeria: Reps Call for Removal of Contentious Sections from Tax Reform Bills
The House of Representatives has called for the removal of contentious clauses in the tax reform bills as the proposed legislation progressed to ...
Nigeria
Nigeria: CBN to Raise N600 Billion Through OMO Bills Auction
The Central Bank of Nigeria (CBN) is set to issue Open Market Operation (OMO) bills worth N600 billion at the primary market auction, ...
Fintech
Nigeria: Raenest Raises $11M Series A to Expand Beyond Africa; Affinity Africa Secures $8M to Scale Operations
Nigerian fintech startup Raenest has secured $11 million in Series A funding, with QED Investors leading the round alongside Norrsken22, Ventures Platform, ...
Nigeria
Nigeria: ACCI and NAICOM Collaborate to Enhance SME Insurance Awareness
The Abuja Chamber of Commerce and Industry (ACCI), through its National Policy Advocacy Centre (NPAC), has partnered with the National Insurance Commission (NAICOM) ...
Africa
Africa: ToumAI Secures $1M in Pre-Seed Funding to Revolutionize AI for Africa
Pioneering Africa’s AI Innovation As global superpowers like the United States and China compete for dominance in artificial intelligence (AI), Africa has largely ...
Nigeria
Nigeria: CBN Revises ATM Transaction Fees, Sets Implementation Date
The Central Bank of Nigeria (CBN) has announced a revision of transaction fees for Automated Teller Machines (ATMs), with the new charges set ...
Fintech
Ghana: Affinity Africa Raises $8M to Transform Digital Banking in Ghana
Ghanaian fintech startup Affinity Africa has secured $8 million in seed funding to expand its reach and redefine banking for underserved communities. The ...
Africa
Uganda Appoints New Central Bank Governor, Ending Three-Year Leadership Gap
Uganda has appointed Michael Atingi-Ego as the new Governor of the Bank of Uganda (BoU), filling a three-year leadership void since the passing ...