Africa
Google Launches 2025 AI Accelerator to Empower African Startups Driving Impactful Innovation
Google has officially opened applications for the 2025 edition of the Google for Startups Accelerator Africa Programme, a flagship initiative aimed at empowering ...
Nigeria
Nigeria: CBN Strengthens Regulatory Oversight on BDCs with New AML Compliance Checks
The Central Bank of Nigeria (CBN) has issued a stern directive to Bureau De Change (BDC) operators nationwide, emphasizing strict adherence to anti-money ...
Egypt
DPI Acquires Egypt’s include Fintech Fund to Bolster Africa-Focused Investment Strategy
Development Partners International (DPI), a UK-based venture capital firm, has officially acquired Nclude, Egypt’s leading fintech-focused fund established by Global Ventures. This strategic ...
Nigeria
Nigeria’s SEC Cracks Down on Influencer Promotions of Unlicensed Digital Asset Platforms and Meme Coins
Nigeria’s Securities and Exchange Commission (SEC) has issued a strong warning to celebrities and social media influencers, urging them to desist from promoting ...
Innovation
Central Bank of Kenya Ends Decade-Long Ban on New Banking Licences to Strengthen Regulatory Framework
The Central Bank of Kenya (CBK) has officially lifted its 10-year moratorium on the licensing of new commercial banks, signaling a renewed phase ...
Ghana
Nigeria: Vendease Exits Ghana Market Amid Demand Surge and Strategic Shift Toward Software Solutions
In October 2024, Nigerian food supply and logistics startup Vendease officially ceased operations in Ghana, just a year after entering the market. Despite ...
Fintech
Stitch Raises $55M to Scale RegTech-Compliant Payment Solutions Across Africa
South African fintech innovator Stitch has secured $55 million in its latest funding round, reinforcing its mission to revolutionize Africa’s payments infrastructure with ...
Nigeria
Nigerian Banks Generate Record ₦674 Billion from E-Payments as Digital Transactions Soar
Nigeria’s top financial institutions are reshaping the future of banking with record earnings from electronic payments, generating a combined ₦674 billion ($419.7 million) ...
Innovation
Nigeria Bets on AI and Cybersecurity to Shape Africa’s Digital Leadership
Nigeria is charting a bold course to position itself at the forefront of Africa’s digital transformation, with a strategic focus on artificial intelligence ...
Fintech
Nigeria: Wema Bank Launches N150 Billion Rights Issue to Strengthen Capital Base and Drive Digital Expansion
Wema Bank PLC has unveiled a significant capital raising initiative, launching a N150 billion Rights Issue as part of its strategy to meet ...