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Ventures Platform closes Fund II at $84M amid global venture slowdown
Ventures Platform, Africa’s leading seed-stage fund, has announced the final close of its second institutional fund – VP Pan-African Fund II (VP PAF II)– at $84 million, exceeding its original target of $75 million. Achieved just three years after the…
MoMo Payment Service Bank (PSB) appoints Bode Abifarin CEO
MoMo Payment Service Bank (MoMo PSB), the fintech subsidiary of MTN Nigeria licensed by the Central Bank of Nigeria to provide digital financial services, money transfers and bill payments via mobile devices, is pleased to announce the appointment of Bode…
Dimension Data Limited raises US$2.9 million
Following the successful subscription of its Series 1 corporate bond, Dimension Data Limited () has completed the signing ceremony for the issuance of N4.05 billion (approximately US$2.9 million), marking the first tranche of its N20 billion (US$14.7 million) bond programme.…
How China’s Used Car Boom Is Reshaping Ghana’s Import Market
Ghana’s used car market sits at the center of a wider shift in global vehicle trade. For many households and small businesses, imported secondhand vehicles remain the most realistic path to private mobility, commercial transport, and ride-hailing income. At the…
The value of advisory services for critical infrastructure in West Africa
As West Africa’s industrial and digital landscape expands at pace, organisations are facing a new reality: infrastructure is no longer just an operational asset, it is a strategic determinant of performance, resilience, and competitiveness. Against a backdrop of ageing infrastructure,…
Bolt Business reports strong growth in Nigeria
Bolt Business (), the corporate mobility solution from Bolt, has recorded strong year-on-year growth in Nigeria, underscoring increasing demand from businesses seeking smarter, more efficient ways to manage employee transportation and business travel. Over the past 12 months, Bolt Business…
Africa’s ICT Ministers Open Conference in Abuja to Decide Telecommunications Union’s Future
African Ministers responsible for telecommunications, information and communication technologies and the digital economy have opened the Seventh Ordinary Session of the African Telecommunications Union Conference of Plenipotentiaries in Abuja, Nigeria. The Conference, known as CPL-26, is taking place today and…
Duplo partners with Wema Bank to Automate Financial Operations for ALAT Business Customers
Duplo, the leading financial operating system for African businesses, has partnered with Wema Bank, to enable seamless financial management for businesses using the ALAT by Wema Bank platform. Through this partnership, businesses will have access to Duplo’s financial operations platform,…
6 Best Apps to Buy Data Bundles Online in Nigeria (2026)
As internet usage continues to grow in Nigeria, so does the demand for reliable data bundles. More people now rely on mobile data for communication, entertainment, learning, and work. Gone are the days when buying data meant visiting a physical…
Redtech Named Among CNBC’s World’s Top 500 Fintech Companies 2026
Redtech, the Heirs Holdings-backed technology company, has been named in the payments category of the World’s Top Fintech Companies 2026 ranking by CNBC and Statista. The company is among the only 11 African companies recognised in this year’s edition. Developed…
UN ECA launches initiative to boost women’s digital entrepreneurship in four African countries
The United Nations Economic Commission for Africa (UN ECA) has launched a regional initiative to strengthen women’s participation in the digital economy across Burkina Faso, Ethiopia, Namibia, and the Republic of Congo. The project, titled Fostering Digital Entrepreneurship among Women…
Tomorrow Foundation Expands 100 Million Learners Initiative to Equip Nigeria’s Youth for Future Economy
Tomorrow Foundation, the non-profit organisation empowering the next generation of leaders and innovators across Africa and the Middle East, has signed a new three-year partnership with Thunderbird School of Global Management and Arizona State University to deliver the 100 Million…
Xoom, a PayPal Service, and Flutterwave Enable Direct Money Transfers to Nigeria
Flutterwave, Africa’s leading payments technology company, today announced a collaboration with Xoom, PayPal’s international digital money transfer service, to enable fast transfers into Nigeria, one of the world’s fastest-growing digital economies. The relationship connects Xoom’s global network with Flutterwave’s local…
Paystack Launches Early Access AI Checkout In Nigeria
Paystack today announced the early access launch of Paystack Index, an experimental product developed by Paystack with product support from TSG Labs, the venture studio and emerging technology arm of The Stack Group. Paystack Index builds on existing Paystack products,…
Transforming global finance – leveraging African innovation to power emerging market economies
Emerging markets in Africa, Latin America, and Southeast Asia are rapidly embracing digital finance, driven by demand for inclusion and fintech innovation. Africa, in particular, has leapfrogged legacy banking with mobile-first platforms and stablecoin adoption, building resilient, scalable financial infrastructure…
Rosebank College Rebrands to Rosebank International
Advtech announced the rebranding of Rosebank College to Rosebank International (RI), reflecting the institution’s growing footprint outside South Africa. The change aligns the brand’s local name and visual identity to its existing overseas operation in Ghana and paves the way…
