Jumia Reports Revenue Drop in Q3 2024 But Sees Growth in Customer Engagement

November 8, 2024
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Jumia reports revenue drop in Q3 2024 amid currency pressures but sees growth in customer engagement.

Currenzo Gets IMTO Licence from CBN to Ease Remittances for Nigerians

November 7, 2024
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Nigerian subsidiary of global financial institution Africhange, Currenzo gets IMTO (International Money Transfer Operator) licence from

MTN Nigeria’s MoMo PSB to Get Dual Payment Licences

November 5, 2024
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In a significant regulatory development, MTN Nigeria’s MoMo PSB to get dual payment licences in regulatory

Funke Opeke Steps Down from MainOne

November 5, 2024
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Funke Opeke steps down from MainOne as Equinix drives future strategy TechCabal reports. She is being

What Techstars Exit Means for African Startups

November 4, 2024
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Techstars has ended its Lagos accelerator program, closing out a two-year run of investing in early-stage

MoMo PSB Launches Gift Card, Cross Border Remittance Services

October 29, 2024
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The fintech subsidiary of MTN Nigeria, MoMo PSB launches gift card, cross border remittance services to

Google Commits $5.8 Million for AI in Sub-Saharan Africa

October 29, 2024
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Google to commit $5.8 million for AI in sub-Saharan Africa to accelerate AI skilling initiatives across

Meta Looks to Challenge Google and Bing with In-house AI Search Engine

October 29, 2024
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Meta looks to challenge Google and Bing with in-house AI search engine, aiming to reduce its

DPI Leads Moniepoint’s $110 Million Series C Round

October 29, 2024
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British private equity firm Development Partners International led the investment of Moniepoint’s $110 million series C.

Morocco Invests $36 Million to Make Rabat a Gaming Hub

October 29, 2024
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Morocco invests $36 million (360 million dirhams) to make Rabat a gaming hub. This significant development,