Safaricom Denies Allegations of Sharing Customer Data
Kenya’s largest telecommunications company, Safaricom, has responded to allegations that it provided Kenyan security agencies with real-time access to customer […]
BUSINESS
Visa invests in Orda, Oze, WorkPay, and OkHi
Visa recently announced strategic investments in four African fintech startups—Oze, Orda, WorkPay, and OkHi—as part of its $1 billion commitment
Safaricom Enters Insurance Market After Four-Year Wait
Safaricom, Kenya’s largest telecommunications company, has received an insurance license from the Insurance Regulatory Authority (IRA) after a four-year wait.
Africhange Secures IMTO License
Africhange, a self-funded remittance startup, has obtained an International Money Transfer Operator (IMTO) license for its Nigerian subsidiary, marking a
BUSINESS
FBN Holdings’ ₦150 Billion Rights Issue
FBN Holdings, the parent of First Bank of Nigeria, has launched a ₦150 billion rights issue as it works to
Starlink Halts New Subscriptions in Nairobi
Starlink, Elon Musk’s satellite internet service provider, has paused new customer subscriptions in Nairobi and five nearby Kenyan regions—Kiambu, Machakos,
MTN Nigeria Expands Fintech Ambitions
MTN Nigeria, the nation’s largest telecom operator, has taken significant steps to expand its footprint in Nigeria’s digital payments landscape
Techstars Lagos Closes Its Doors
Two years after launching an ambitious accelerator program in Nigeria, ARM Labs Lagos Techstars (Techstars Lagos) has shut down, halting
BUSINESS
Bamboo Enters Canada and Launches Remittance Service
Bamboo, the Nigerian-born investment platform backed by Y Combinator, is expanding its reach with an entry into Canada after securing