Raenest, a global multi-currency accounts platform, has raised $11 million in Series A funding to expand its operations in Kenya and Nigeria, as well as to enter new markets in …
Banking, Finance & InvestmentBusinessDigital EconomyFintech
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- Banking, Finance & InvestmentBusinessEconomy
Wema Bank to pay N1 final dividend, commences N150b rights issue
Wema Bank Nigeria has released its audited consolidated financial statements for the year ending December 31, 2024, to the Nigerian Exchange Group (NGX), proposing a final dividend of N1 per …
- BusinessEconomyFinance & ServicesINVESTMENTTechnology
Africa venture ecosystem records 22% drop in deal volume
The sixth annual Venture Capital Activity in Africa report has revealed that Africa’s venture ecosystem experienced a 22% decline in deal volume and a 28% drop in deal value in …
- Banking, Finance & InvestmentDigital EconomyEconomyFinance & ServicesFintechNigeriaTechnologyWestern Africa
Bankit MFB Uses Games to Teach Nigerians About Money
Bankit Microfinance Bank (MFB), a Pan-African fintech company, is using games to help Nigerians learn about managing money better. The bank believes that by making financial education fun, more people …
- AFRICA NEWSBusinessBusiness and EconomyDigital EconomyFintechNigeriaTechnologyWestern Africa
Visa Inc. to Establish Data Center in Nigeria
In a significant boost to Nigeria’s digital economy, global payment giant Visa Inc. has announced plans to establish a data center within the country. This move underscores Visa’s commitment to …
- AfricaBanking, Finance & InvestmentEastern AfricaEconomyFinance & ServicesFintechTANZANIATechnology
Tanzania’s E-Payment Boom Sparks Shift Toward a Cashless Economy
Tanzania’s payment landscape is rapidly evolving, with a significant surge in electronic transactions inspiring a national shift towards a cashless economy, according to recent reports from financial authorities and tech …
- BusinessBusiness and EconomyEconomyEntertainmentNigeriaTechnologyTrending TodayWestern Africa
Online Casino Sector Eyes Africa as Emerging Market Hotspot
Global operators in the online casino industry are beginning to shift their gaze toward emerging markets — and Africa, especially Nigeria, is fast gaining traction as a promising frontier. Experts …
- Information & TechnologyInformation TechnologyTechnology
Unveiling Cardtonic’s (TTT) New CEO — Emmanuel Sohe
On Wednesday, 15th January 2025, The Tonic Technologies announced the appointment of a new Chief Executive Officer in the person of Emmanuel Sohe. The Tonic Technologies (TTT), is home to …
- AfricaAFRICA NEWSBanking, Finance & Investment
NBS Bank to reward customers for embracing digital channels
by Editorby EditorNBS Bank plc says it is taking its digital transformation efforts to the next level with the recent upgrade of its mobile banking platform to ensure that customers are rewarded …
- Banking, Finance & InvestmentBusinessEconomyNigeriaTechnology
Access Holdings seizing to accomplish it’s end of emerging Africa’s gateway to the world
Nigeria’s biggest lender Access Holdings is seizing at every chance to accomplish its end of emerging Africa’s “gateway to the world,” having completed at least five bank acquisitions within Africa in …