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Unity Bank and Providus Bank Merger: What You Need to Know

By Ester Adams / 09/03/2025
Nigeria’s banking sector is witnessing another wave of consolidation. Unity Bank Plc has announced plans to merge with Providus Bank...
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Unity Bank and Providus Bank Merger: What You Need to Know

Egypt’s Munify Raises $3 Million Seed Round

By Oluwasegun / 09/03/2025
Munify, an Egyptian fintech startup, has raised $3 million in seed funding, with Y Combinator as the lead investor. The...
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Egypt’s Munify Raises $3 Million Seed Round

Union Bank Finalises Merger with Titan Trust Bank

By Adebayo Trevor / 09/02/2025
On September 1, 2025, Titan Trust Bank officially ceased operations as an independent entity and became part of Union Bank...
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Union Bank Finalises Merger with Titan Trust Bank

WheelsOn raises $12.5M to Drive Deposit-free Car Rentals

By Mohammed Mane / 09/02/2025
WheelsOn, the UAE’s mobile-first car rental platform, has closed a $12.5 million funding round, including $2.2 million in equity from...
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WheelsOn raises $12.5M to Drive Deposit-free Car Rentals

TikTok Star Peller Safe After Viral Kidnap Scare

By Musa Suleiman / 08/28/2025
Nigerian TikTok influencer Habeeb Hamzat, popularly known as Peller, sparked widespread panic online after a viral livestream appeared to show...
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TikTok Star Peller Safe After Viral Kidnap Scare

SMBC Invests in Novastar Ventures’ Africa People and Planet Fund III

By Oluwasegun / 08/28/2025
Sumitomo Mitsui Banking Corporation (SMBC) has entered into an investment agreement with Novastar Ventures Africa People and Planet Fund III,...
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SMBC Invests in Novastar Ventures’ Africa People and Planet Fund III

Sahel Capital Gets $10M Boost from Mastercard Foundation

By Adebayo Trevor / 08/28/2025
Sahel Capital, through its Social Enterprise Fund for Agriculture in Africa (SEFAA), has secured a $10 million investment from the...
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Sahel Capital Gets $10M Boost from Mastercard Foundation

What Business Need to Know About CBN’s Geo-Tagging of POS Terminal

By Ester Adams / 08/28/2025
The Central Bank of Nigeria (CBN) has issued a new directive that requires all Point-of-Sale (POS) terminals in Nigeria to...
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What Business Need to Know About CBN’s Geo-Tagging of POS Terminal

Japanese VCs Launch $20M Fund to Back African Startups

By Musa Suleiman / 08/21/2025
Two Japanese venture capital firms — Uncovered Fund and Monex Ventures — have joined forces to launch the Uncovered Monex...
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Japanese VCs Launch $20M Fund to Back African Startups

CrossBoundary Energy Secures $40M from Impact Fund Denmark

By Oluwasegun / 08/20/2025
CrossBoundary Energy (CBE) has secured a US$40 million investment from Impact Fund Denmark (IFDK) to expand its clean energy projects...
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CrossBoundary Energy Secures $40M from Impact Fund Denmark

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