News
Halal B2B e-commerce OneAgrix aims to follow Nigeria venture with Series A funding
A Singaporean start-up has its sights set on Series A fundraising this year, on the back of announcing a major public-private partnership with ...
News
CDC appoints CEO of Amadeus Capital and former Global Head of Venture Capital at IFC as new Investment Committee members
DC Group, the UK’s publicly owned impact investor, has appointed two of the best-known names in the venture capital industry as investment committee ...
News
A month into AfCFTA; Assessing the winners and losers, how to minimize risks
The continent is a month old into the implementation of the Africa Continental Free Trade Agreement (AfCFTA). Already, the single African market can ...
News
Airtel Africa’s data revenue is up 24.4% as report shows profit before tax of $482 million
Airtel Africa continues to grow as shown in its 9-month financial report [PDF] for the period ended 31 December 2020 as its company’s reported revenue ...
News
Five million users to benefit from Offerservice e-commerce app
An online e-commerce platform, Offerservice, has been unveiled in Lagos, to provide opportunities for corporations, businessmen, artisans and professionals to showcase and promote ...
News
Nigerian digital bank Carbon hit $240M in payments processed last year, up 89% from 2019
In 2018, Carbon, a Nigerian fintech startup, made its financials public for the first time. Although typical for foreign private startups, it’s almost an ...
News
Singapore’s SDAX Gets In-Principle Approval to Launch Digital Asset Exchange
Singapore-based Company, Digiassets Exchange (SDAX) says it has received the nod from the Monetary Authority of Singapore (MAS) to prepare for the launch ...
News
Abu Dhabi fintech NymCard raises $7.6 million Series A to democratize card issuance in Middle East & Africa
Abu Dhabi-headquartered fintech NymCard has raised $7.6 million in a Series A round, it told MENAbytes today. The round was led by Shorooq Partners with ...
News
CBK gets bigger role on digital payment systems
The Central Bank of Kenya (CBK) is set to tighten oversight of mobile money as the government moves to safeguard billions of shillings ...
News
FBN Holdings Grows 2020 Profit to N79 Billion
FBN Holdings Plc has released its unaudited consolidated financial statements for the year ended December 31, 2020, showing improved performance. Net interest income ...