Lipa Later enters administration after failed fresh fundraising efforts
Kenyan buy-now-pay-later (BNPL) fintech, Lipa Later enters administration effective March 24, 2025, after months of financial
PalmPay rolls out its debit cards in partnership with Verve
Nigerian fintech with over 35 million users, PalmPay rolls out its debit cards in partnership with
Jumia, Jiji unfazed of Temu shaking up Nigeria’s $13 billion e-commerce market
Jumia, Jiji unfazed of Temu shaking up Nigeria’s $13 billion e-commerce market, luring shoppers with ultra-low
MTN and Airtel signs an agreement to share network infrastructure in Nigeria, Uganda
MTN and Airtel have signs an agreement to share network infrastructure in Nigeria and Uganda, a
AltSchool to launch in-person programs in Q2 with ‘Campus by AltSchool’
AltSchool, a Nigerian edtech startup, is set to introduce hybrid learning programs through its new initiative,
Payhippo rebrands as Rivy, raises $4 million for clean energy financing
Nigerian fintech Payhippo rebrands as Rivy, raises $4 million for clean energy financing in a pre-Series
Paystack launches Zap, its first consumer-centric app
Paystack launches Zap, its first consumer-centric app, which it says will allow easier and faster bank
KCB Group acquires 75% stake in Riverbank Solutions for $15m
Kenya’s largest commercial bank by assets, KCB Group acquires 75% stake in Riverbank Solutions for $15.4
UBA lost ₦1.14 billion to fraud in 2024
United Bank for Africa (UBA) lost ₦1.14 billion to fraud in 2024, even as the Nigerian
Kenyan court dismisses lawsuit claiming Safaricom copied “Reverse Call” idea
Kenyan court dismisses lawsuit claiming Safaricom copied “Reverse Call” idea from Davidson Ivusa, a Kenyan innovator
