Startup
Nigerian fintech Sycamore.ng unveils peer-to-peer lending platform to enhance access to finance
To address the challenge of access to finance and capital stimulus for small and medium-sized businesses, Sycamore.ng unveiled a product that will provide secured loans ...
Mauritius
Mauritian fund invests $3 million in P2P solar specialist Sun Exchange
Sun Exchange has closed a $4 million Series-A funding round by obtaining a $3 million investment from ARPF, a Mauritian private equity fund. ...
Innovation
Digital banks: ALAT, Kuda, Rubies, Eyowo, V by VFD, and Sparkle compared
After 75-year-old Wema bank launched ALAT in 2017, we have witnessed the launch of a digital bank every year since then. This year ...
Nigeria
FIRS issues public notice on VAT Deduction to Businesses in the Oil and Gas sector
The Federal Inland Revenue Service, FIRS, has issued a public notice on deduction of Valued Added Tax, VAT at sources by companies operating ...
Nigeria
A new generation of Covid-19 Digital Converts (CDCs) have been born from the pandemic – Tunde Ogungbade
The Managing Director of Global Accelerex, Tunde Ogungbade has stated that the pandemic has awoken a new generation of consumers which he described ...
Startup
How Tanzanian agri-tech startup East Africa Fruits plans to scale after $3.1m Series A round
Tanzanian agri-tech startup East Africa Fruits hopes to with more than 10,000 farmers and 15,000 businesses, and expand into new verticals, after raising ...
Africa
Uber Cash launches in Africa with Flutterwave, MPesa integrations
You can now take an Uber ride when you run out of both physical cash and money in your bank account. The ride-hailing ...
Nigeria
PFAs invest N54.35bn pension funds in infrastructure – PENCOM
Pension Funds Administrators have invested N54.35bn of the total assets under the Contributory Pension Scheme in infrastructure as of the end of April. ...
Nigeria
Is the Pandemic Fuelling Mobile Money Transactions uptake in Nigeria
With businesses struggling because of coronavirus lockdown measures, the use of mobile money and “no touch”, cashless transactions in business is growing rapidly. The use ...
Nigeria
Banks Urged to Expand Financial Inclusion
Financial institutions have been urged to provide services and products such as micro-insurance, micro-credit, among others. In a recent communiqué, the Consumer Awareness ...