Access Holdings Extends ₦351 Billion Capital Raise Deadline
Access Holdings Plc, the parent company of Nigeria’s largest bank by assets, has announced an extension to the deadline for […]
Kenyan Fintech PrivPay Shuts Down
PrivPay, a Kenyan fintech startup that allowed users to conduct M-PESA transactions while keeping their personal details private, ceased operations
TikTok’s African Team Faces Major Layoffs
In June 2024, TikTok executed significant layoffs within its African team, part of a broader global downsizing strategy by the
Providus Bank and Unity Bank to Merge
Providus Bank has announced a strategic merger with Unity Bank, a move that has received preliminary approval from the Central
Zenith Bank Plc Launches ₦290 Billion Capital Raise
Zenith Bank Plc, Nigeria’s largest financial institution by market capitalization, has announced a substantial capital-raising initiative, seeking to generate ₦290
Hohm Energy Enters Business Rescue
Hohm Energy, a South African solar company that made headlines earlier this year with an $8 million seed round, is
MTN Group Sells Guinea-Bissau Subsidiary
MTN Group, Africa’s leading telecommunications provider by subscriber base, has finalized the sale of its Guinea-Bissau subsidiary to Telecel, a
Kenyan Banks to Enforce Stricter Monitoring of Large Cash Transfers
Kenyan commercial banks are set to implement more stringent monitoring mechanisms for large cash deposits and transfers, particularly those exceeding
Leadership Shakeup at MTN’s MoMo PSB
In a surprising turn of events, Eli Hini, the CEO of MTN’s MoMo Payment Service Bank (PSB), and Elsa Muzzolini,