Kenya’s remarkable rise to the top was largely fueled by a $51 million funding round secured by M-Kopa, a clean energy startup.
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Recently reported was a groundbreaking partnership between Nigerian fintech giant Flutterwave and the Economic and Financial Crimes Commission (EFCC). This collaboration aims to set up a Cybercrime Research Center in Nigeria, marking a significant step towards combating internet crime and enhancing business transaction security.
On a significant day presided over by President Bola Tinubu, the Federal Executive Council (FEC) issued a groundbreaking mandate: all government Ministries, Departments, and Agencies (MDAs) are now required to procure vehicles and generators that operate on Compressed Natural Gas (CNG).
Shutlers and Treepz, two prominent players in Nigeria’s bus-hailing market, have pursued distinct strategies to gain market share and establish themselves as industry leaders.
Since Jumia Food left the Nigerian online food delivery scene, Chowdeck and Glovo have been in a tight race to be number one.
In 2023, African startups received $2 billion in investment in startup funding, which is 43% less than the previous year. especially Nigeria.
NIBSS released a list of Fintech companies lacking licenses to receive direct customer deposits from commercial banks.
