Nigeria
NCC Creates New Department to Accelerate FG’s Digital Economy Agenda, Taps Digima to Head
Nigerian Communications Commission (NCC) has created a Digital Economy Department, principally responsible for implementing programmes and policies aimed at fully supporting and promoting ...
News
SA-based Nedbank Unveils Africa’s first contactless payments solution
South African bank, Nedbank is testing its newest innovation, a contactless payments solution. This the first payment’s solution of its kind in Africa at this ...
Startup
African startups have raised about $500m so far, Sees a big Q2 slump
Total venture funding for African startups in 2020 so far has passed the $500m mark. This is according to Maxime Bayen, company builder at GreenTec ...
Africa
I4G SET TO EMPOWER 1 MILLION TECH TALENTS IN AFRICA
Africa has the largest youth population, which creates a large growth opportunity. This opportunity is stifled by poverty and unemployment. COVID19, hard economic ...
Africa
African Airline Industry Lost $55 Billion from COVID-19 Lockdowns
Africa’s travel and tourism industry have lost $55 billion due to the closure of borders across the continent in attempts to stave off ...
Startup
African startups can apply for 2nd edition of Inclusive Fintech 50
Applications have opened for the second edition of the Inclusive Fintech 50, which will identify 50 high-potential, early-stage and innovative fintech startups driving ...
Nigeria
Banks Open 35m Accounts in 5 Months Despite the Pandemic
Bank accounts in Nigeria have risen by 35 million between January to May 30th, 2020, data hosted on the website of the Nigeria ...
Startup
Nigeria, Kenya, South Africa attracted $3.9 billion VC deals in 6 years
613 VC deals valued at $3.9 billion occurred in Africa between 2014 and 2019. Fintechs, information technology firms, and other companies in Nigeria, ...
Nigeria
Lamido Yuguda assumes duty as new DG of SEC
Mr. Lamido Yuguda, the new Director-General of the Securities and Exchange Commission (SEC), has started work at the capital markets regulatory agency. He ...
Nigeria
CBN Debits 20 Banks N118bn for Default on CRR
The Central Bank of Nigeria (CBN) has withdrawn a total of N118 billion from the accounts of some banks for falling short of ...