Africa
Africa: Olusegun Ogunsanya Appointed CEO of Airtel Africa
The Airtel Africa Group has announced the new appointment of Olusegun “Segun” Ogunsanya, as its Managing Director (MD) and CEO. Ogunsanya took the ...
Nigeria
Nigeria: Bitmama secures $350,000 pre-seed funding to deliver blockchain-powered payments solutions across Africa
African blockchain company, Bitmama, has closed a $350,000 pre-Seed round, led by Flori Ventures, with participation from Nigeria-based investment fund, Emergence Capital, Fedha ...
News
Nigeria: Why foreign investors prefer Ghana to Nigeria – CBN ex-deputy governor
Tunde Lemo, former Deputy Governor of the Central Bank of Nigeria, has disclosed that foreign investors prefer Ghana to Nigeria because of poor infrastructure, ...
News
Nigeria: Access Bank’s $500m Eurobond oversubscribed by 200%
Access Bank Plc announced to investors and the Nigerian Exchange Limited that it successfully priced $500m Eurobond which was over-subscribed by more than ...
Africa
Airtel Africa announces offers to buy 8.27% minority shareholdings
Airtel Africa has announced that its subsidiary, Airtel Networks Ltd. (Airtel Nigeria), has initiated a process to buy back 8.27 per cent minority ...
Africa
DPI raises one of the largest Africa funds at US$900m to invest in innovation-led companies
This brings a total of US$1.15 billion for investments on the continent Development Partners International (DPI) (www.DPI-llp.com), a premier investment firm focused on ...
Africa
Interswitch and Interstellar Inc. Enter Strategic Partnership to Develop Blockchain-powered Infrastructure Services and Solutions.
The Interswitch Group (“Interswitch”), Africa’s leading Integrated Payments and Digital Commerce Solutions company, and Interstellar Inc.(“Interstellar”), an Enterprise Blockchain Infrastructure Services Company, are ...
News
CBN decries Nigeria’s N617.3 billion financing gap for MSMEs
Godwin Emefiele, the Governor of the Central Bank of Nigeria (CBN), has revealed that the financing gap for Micro, Small and Medium Enterprises ...
Nigeria
Nigeria: VertoFX closes $10,000,000 Series A round to make cross border payments more efficient
Referred to as a frictionless payment gateway, VertoFX has closed a $10,000,0000 Series A funding round with Quona Capital as the lead investor. ...
Intelligence
Nigeria: Domiciliary account balances estimated at $16 billion
We assumed an official exchange rate of N410/$ based on NAFEX rate used at the Investor and Exporter window. Nigeria has an estimated ...