First Bank
Banking Regulation

Femi Otedola Takes over First Bank After Reportedly Buying N30bn Worth of Shares

Femi Otedola, the Nigerian billionaire, has become the majority shareholder of First Bank after reportedly buying a whooping N30 billion

Interswitch
Partnership Technology

Interswitch, OkHi Partner to Launch Nigeria’s First Digital Address Verification Service

Interswitch Group and OkHi have announced a new strategic partnership that sees Quickteller, Interswitch’s payments, and wallet service becoming the

Entrepreneurship Event

26 Young Entrepreneurs in Africa Selected Anzisha Prize Fellowships

The Anzisha Prize has announced the top 26 entrepreneurs for 2021. The entrepreneurs, who are between the ages of 18

Brass
Funding

Nigerian Fintech Startup, Brass Secures $1.7m to Provide Premium Banking Services to SMEs

Brass, a Nigerian fintech startup, has secured a $1.7 million investment to address the banking needs of local entrepreneurs, traders,

Payday
Accelerator Entrepreneurship Fintech Payment

Pan-African Fintech Startup, Payday Becomes First Rwandan Company to Join Techstars

Payday, a Pan-African Fintech startup, founded by Nigerian entrepreneur, Favour Ori has become the first Rwandan company to join Techstars

MFS Africa
Acquisition Fintech

MFS Africa Expands into Nigeria With Acquisition of Baxi

MFS Africa, the pan-African cross-border payments startup, has expanded into Nigeria with the acquisition of Baxi, one of Nigeria’s leading

ILLA
Funding Investment Logistics Venture Capital

Egyptian Logistics Startup, ILLA Secures $2m Funding to Scale Supply Chain Activities For FMCG Brands

ILLA, an Egyptian logistics startup, has secured a $2 million investment round to support its expansion and diversify its offering

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Wapi Pay
Social Media

Wapi Pay Loses Key Investor After Co-founders Were Caught on Camera Assaulting Women

Paul Ndichu and Eddie Ndichu aka the Ndichu twins, who are the co-founders of Kenyan-based fintech Wapi Pay; have been reportedly

Asante
Fintech Funding Investment Venture Capital

Asante Closes $7.5m Series A Funding to Close the Gap in MSME Lending in Africa

Asante Financial Services, an Africa-focused fintech, has raised Series A investment to scale its credit offerings to the underserved segment of