Emmanuel Ojukwu
- Acquisition
- April 30, 2024
- 110 views
Kenyan-based Travel Booking Platform BuuPass Acquires QuickBus, to Expand to South Africa And Nigeria
BuuPass, a travel booking platform based in Kenya, has announced its acquisition of QuickBus, a bus ticketing platform operating in Nigeria and South Africa, in a cash and stock agreement.…
- Fintech
- April 30, 2024
- 75 views
Flutterwave Readies For IPO Listing With Strategic Moves
African fintech unicorn Flutterwave is strategically preparing for its anticipated Initial Public Offering (IPO) listing. The company has implemented substantial changes to its corporate team, revealed by its CEO, Olugbenga…
- Investment
- April 29, 2024
- 70 views
African Pre-seed Investment Programme Madica, Backs Three Tech Startups Across The African Continent
Madica, a structured investment program tailored for pre-seed stage startups in Africa, has unveiled its initial investments in three startups across the continent. The investment company has announced its inaugural…
- Artificial Intelligence
- April 29, 2024
- 125 views
Nigeria Unveils First Multilingual AI-Language Model, Accelerates National AI Strategy
The Nigerian government, under the Ministry of Communications, Innovation, and Digital Economy, unveiled Africa’s first Multilingual Large Language Model (LLM), marking a significant step towards establishing Nigeria’s leadership in Artificial…
- Investment
- April 29, 2024
- 77 views
Nigeria Secures $600 Million Investment From Maersk For Seaport Infrastructure
Nigeria has reportedly secured a $600 million investment in seaport infrastructure from Danish shipping giant A.P. Moller-Maersk. The investment was finalized during a meeting between President Bola Tinubu and Moller-Maersk…
- Finance
- April 28, 2024
- 95 views
Bank of Uganda Faces Backlash For Mandatory ID Verification on Digital Transactions Over $260
The Bank of Uganda’s recent directive requiring government-issued ID documents for all digital financial transactions exceeding one million Ugandan shillings ($260) has spurred backlash from citizens. Several citizens argue that…
- Fintech
- April 28, 2024
- 89 views
South African fintech JUMO Secures Goldman Sachs Support For Asian Expansion
Financial technology firm JUMO has announced plans to expand into high-growth Asian markets following the company’s successful equity funding round, backed by Goldman Sachs. Founded in 2014, JUMO has primarily…
- Crypto
- April 27, 2024
- 74 views
67% of Nigerians Trust Bitcoin Over Traditional Banks For Savings – Report
Recent research indicates that 67% of Nigerians place more trust in Bitcoin than traditional banks when it comes to safeguarding their savings. The study highlights Bitcoin’s significant role in Nigeria…
- Fintech
- April 26, 2024
- 92 views
Flutterwave Partners with Acquired.com to Enable Domestic Card Payments on Send App
Flutterwave, the leading fintech unicorn in Africa, has joined forces with payment processing specialist Acquired.com to streamline domestic card payments processing on Send App, Flutterwave’s flagship remittance platform. With Acquired.com’s…
- Crypto
- April 26, 2024
- 97 views
Nigeria’s Central Bank Denies Freezing Crypto Accounts, Issues Official Statement
The Central Bank of Nigeria (CBN) has refuted claims alleging its instruction to banks and financial institutions to identify users of crypto exchanges. Reports suggested that accounts involved in such…
