Hohm Energy Faces Financial Struggles Despite Raising $12M in Two Years

August 9, 2024
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A South African climate startup, Hohm Energy faces financial struggles despite raising about $12M in two

Egypt’s Lucky ONE Secures $3M to Expand Operations and Enter New Markets 

August 8, 2024
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Egypt’s Lucky ONE secures $3M in a convertible bond round to expand its credit platform and

MTN Nigeria Renegotiates Tower Deal with IHS and ATC

August 8, 2024
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MTN Nigeria renegotiates tower deal with IHS and ATC after a service revenue decline in Q1

MTN Exits One of its West African Markets, Completes Sale to Telecel

August 8, 2024
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MTN exits one of its West African markets, completes sale to Telecel in Guinea-Bissau. The deal,

Sendsprint Acquires Nobel Financial to Strengthen Operations in the US 

August 7, 2024
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Sendsprint acquires Nobel Financial Inc. for an undisclosed fee. Damisi Busari, an ex-Flutterwave executive, founded the

CBN Approves Providus Bank and Unity Bank Merger

August 7, 2024
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CBN approves Providus Bank and Unity Bank merger. Per a statement by the apex on the

Meta Rolls Out Monetization Tools for Content Creators in Kenya

August 7, 2024
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Meta rolls out monetization tools for content creators in Kenya, which would them allow them earn

High Court Sets Bail Terms for MTN Nigeria Fraudsters

August 7, 2024
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High Court sets bail terms for MTN Nigeria fraudsters amid ₦1.9 billion. The court in Lagos

Jumia’s Revenue Falls 25% in Q2 as Operating Losses Rise to $20 Million

August 6, 2024
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Jumia’s revenue falls 25% in Q2 as operating losses rise to $20 Million less than it

Kenyan Mobility Startup Mobius to Shut Down

August 6, 2024
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Kenyan mobility startup Mobius to shut down following failed year-long recovery efforts. Under the Insolvency Act