FinTech
CBN Policies: POS Operators Increase Transaction Charges
Point-of-sale (PoS) operators across Nigeria have increased withdrawal charges from N100 to N150 or N200 for every N5,000 transaction. The...
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NIPC Targets Fintech, Agri-Tech, Renewable Energy For Investments
The Nigerian Investment Promotion Commission (NIPC) is prioritizing fintech, agri-tech, and renewable energy sectors as part of its plan to...
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Z.Systems Raises $1.5M to Revolutionize Africa’s Retail Sector
Z.Systems, a Morocco-based B2B marketplace transforming Africa’s retail sector, has raised $1.5 million in seed funding. The round, led by...
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E-Health Startup Eyone Secures $1 Million to Expand Across Africa
Eyone, a Senegalese e-health startup, has raised $1 million to bolster its leadership in digital health and expand its operations...
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Billboxx Secures $1.6M Pre-Seed Funding to Solve SME Cash Flow Challenges Across Africa
Billboxx, a billing-to-payment platform designed to streamline cash flow for African businesses, has raised $1.6 million in a pre-seed funding...
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Elon Musk’s xAI Secures $6 Billion in Series B Funding to Advance AI Innovations
Elon Musk’s artificial intelligence company, xAI, has announced the successful completion of its Series B funding round, raising an impressive...
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MoMo Rwanda and Mastercard Launch Virtual Card for Secure Global Online Payments
Mobile Money Rwanda Limited (MoMo Rwanda), in collaboration with Mastercard, has introduced the Virtual Card by MoMo, a groundbreaking payment...
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Moroccan Startup Enakl Secures $1.4 Million to Revolutionize Urban Mobility in Africa
Moroccan urban mobility startup Enakl has raised $1.4 million in pre-seed funding to expand its innovative shared transport solutions for...
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Nigerian Government commences N50 Electronic Money Transfer Levy Deduction on Opay, Moniepoint, Kuda, and others
The Federal Government has commenced the implementation of the Electronic Money Transfer Levy (EMTL), charging N50 on electronic transactions of...
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NITDA and JICA Launch iHatch Cohort 4 to Boost Nigeria’s Startup Ecosystem
The National Information Technology Development Agency (NITDA), in partnership with the Japan International Cooperation Agency (JICA), has introduced the iHatch...
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