Safaricom Doubles Fibre Internet Speeds
In a bold move to counter the increasing competition from Starlink, Safaricom, Kenya’s largest mobile operator, has doubled the speeds […]
Nigerian Last-Mile Delivery Companies Grapple with Rising Fuel Prices
Like many businesses across Nigeria, last-mile delivery companies are feeling the impact of the recent surge in fuel prices, forcing
Others
HeyFood Expands Its Horizons
Ibadan-based food delivery startup HeyFood is setting its sights on expansion into Abuja and Benin, skipping the highly competitive Lagos
Ecobank Suffers Millions in Losses
Ecobank Kenya lost millions of dollars between 2020 and 2022 due to critical weaknesses in its card operations department, exposing
Regfyl Secures $1.1M Pre-seed Funding
Regfyl, a Nigerian company specializing in digital identity verification and fraud detection, has raised $1.1 million in pre-seed funding to
Nigeria’s Inflation Slows
Nigeria’s inflation rate has slowed for the second consecutive month, driven by a drop in food prices due to the
BUSINESS
GTBank Migrates to Finacle for Seamless Integration
Guaranty Trust Bank (GTBank), Nigeria’s leading bank that posted a historic ₦905.57 billion in half-year profits, is making a
Moove’s U.S. Expansion
Moove, the Uber-backed Nigerian startup, is setting its sights on the U.S. as part of its ambitious global expansion strategy.
Rise Acquires Kenyan Fintech Hisa
Nigerian fintech startup Rise, which provides customers with access to global investments, has expanded its operations to Kenya by acquiring