Nigeria’s Fintech Startups Raise $400m in 2019 -CBN Nigeria’s Financial Technology (fintech) companies raised a combined $400 million in 2019, according to the Central Bank of...
Telecom Operators Demand Banks Pay for USSD Telecommunications companies are demanding payment for the Unstructured Supplementary Service Data (USSD) services they render to banks or they...
Nigerian Edtech Startup ULesson Raises $3.1m ULesson, an Edtech startup, has raised $3.1 million in a seed round led by TLcom Capital. ULesson seeks to bridge...
London Withdraws Uber Licence Amid Safety Issue Transport for London (TfL) had said global hailing taxi company Uber will not be allowed to operate in London...
OPay Launches Another Service, OCar Opay, an Africa-focused Chinese backed startup, has announced the launching of another service, OCar. Ocar is a ride-hailing service presently available...
PalmPay Secures $40m Seed Capital to Launch in Nigeria PalmPay, an Africa-focused payment startup, launched in Nigeria after raising $40 million from Chinese mobile phone manufacturer,...
OPay, Opera owned leading fintech startup, raised $120 million in a Series B round backed mainly by Chinese investors. In July, the fintech company raised $50...
Jumia Suspends Operation in Cameroon Jumia, the leading e-commerce company in Africa, on Monday, announced the suspension of its e-commerce operations in Cameroon. In a statement...
End Automatic Voicemail Services, FG Tells Telecom Firms The Federal Government through the Minister of Communications and Digital Economy has directed network providers to end automatic...
Jack Ma, Founder of Alibaba, in Nigeria Jack Ma, the founder of the world’s largest e-commerce company Alibaba and the Chinese richest man, arrived Nigeria on...
