Nigeria
Why solving Nigeria’s housing problem is beyond proptech startups for now
Getting an apartment in Lagos, Nigeria’s economic hub, is challenging and sometimes frustrating. “House hunting in Lagos is an extreme sport,” exclaims a ...
Kenya
Safaricom launches M-Pesa service for small businesses
The new service feature, ‘Pochi la Biashara’, allows business owners who do not have a Lipa na M-Pesa line to receive money from ...
Nigeria
CBN releases framework for N75bn youth investment fund
The Central Bank of Nigeria (CBN) has released guidelines for implementation of the proposed N75 billion Nigeria Youth Investment Fund (NYIF). CBN, in ...
Ghana
Bharti Airtel to exit Ghana telecom market
Airtel Ghana is set to exit the Ghanaian telecom market after its mother company, Bharti Airtel Limited in India approved the move at ...
Startup
Kenyan mobility startup Data Integrated raises funding from Toyota Tsusho
Kenyan startup Data Integrated, which provides matatu cooperatives with bus management and digital ticketing systems, has raised an undisclosed amount of funding from ...
Nigeria
Nigeria records $362.84m FDI in six months
Nigeria records $362.84m Foreign Direct Investment in six months as figures from the National Bureau of Statistics released earlier in the week show ...
Africa
1 in 17 West African startups that raised $1m+ in the past decade have shut down
According to Fortune, 90% of startups fail, But unlike more established ecosystems like the US, Africa’s startup ecosystem is riddled with a plethora ...
Kenya
Kenya’s central bank exploring CBDCs due to ‘mushrooming’ of private cryptos
The Central Bank of Kenya, or CBK, has reportedly started discussions with international central banks to explore the possibility of entering the central ...
Zimbabwe
Zimbabwe launches dollar-denominated stock exchange
Zimbabwe has launched a second stock exchange to trade solely in foreign currency, state media reported Saturday, in a move aimed at luring ...
Nigeria
Only 9,103,653 workers have pension accounts, says PenCom
The National Pension Commission has disclosed that only 9,103,653 workers own Retirement Savings Accounts with Pension Fund Administrators as of the end of ...
