MTN Nigeria Fintech Records Marginal Revenue Increase in Q1 2024
The fintech arm of MTN Nigeria recorded a marginal revenue increase of N22.8 billion in the first quarter (Q1) of 2024, which is coming amid a pre-tax loss of N575.69…
Unimpressive Q1 2024 Result: MTN Nigeria Committed to Stay Resilient Amid Challenging Operating Environment
MTN Nigeria has expressed commitment to stay resilient amid tougher economic weather and a challenging operating environment after it delivered an unimpressive first quarter (Q1) result. The company recently released…
Twiga Foods Announce Charles Ballard as New CEO
Kenyan Agritech B2B platform that connects farmers and retailers, Twiga Foods, has announced the appointment of former Jumia CEO Charles Ballard to serve as CEO of the company. Ballard’s appointment…
Standard Chartered Bank Appoints Dalu Ajene as New CEO
Nigeria’s leading international cross-border bank connecting the world’s most dynamic markets, Standard Chartered bank has announced the appointment of Dalu Ajene as new CEO. Ajene takes over from Lamin Manjang, the…
Nigerian Passport Ranked Amongst The Worst Top 10 Travel Documents Globally
The value of the Nigerian passport has continued to remain at the bottom level, after it was ranked amongst the tenth worst travel documents globally, ranking 191 out of 199…
How Smartphone Adoption And Local Talent Are Powering Africa’s Gaming Renaissance
The African gaming industry is experiencing a remarkable expansion, fueled by the widespread adoption of smartphones and a growing interest in mobile games. Indigenous game developers are taking center stage,…
Breaking Barriers: How Mobile Banking is Bridging The Gender Gap in Financial Inclusion
According to data from the World Bank’s Global Findex Database 2021, there has been notable progress in female financial inclusion over the last decade. The gender disparity in formal financial…
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.…
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…
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…