GTBank’s Strategic Salary Raise
In September 2024, Guaranty Trust Bank (GTBank) discreetly raised salaries for all 3,300 of its employees by 40%, marking a […]
BUSINESS
BUSINESS
BUSINESS
Equinix Completes Integration of MainOne
Equinix, the world’s largest data center and colocation provider, has finalized the post-acquisition integration of Nigeria’s MainOne. Acquired for $320
IHS Towers Secures $439M Loan for Refinancing and Operations
IHS Towers, the largest telecom tower operator in Africa, has successfully acquired a $439 million loan to improve its financial
PaidHR’s Cross-Border Payroll Initiative
PaidHR, a fast-rising Nigerian HR-tech startup, is currently in talks to raise $1.5 million in seed funding to scale operations
JP Morgan Chase Expands to Kenya
JP Morgan Chase, the largest bank in the U.S. by assets, has secured an operating license from the Central Bank
Chowdeck Sets Sights on Pan-African Expansion
In a bold move that signals its ambitions for continental dominance, Chowdeck, the Nigerian food delivery powerhouse, is exploring expansion
Starlink’s Rapid Ascent in Kenya
In just one year since its launch in July 2023, Starlink has risen to become Kenya’s tenth-largest Internet Service Provider
M-KOPA Appoints Former Nokia CEO Rajeev Suri as Board Chair
M-KOPA, a Kenyan-based fintech known for financing smartphones, solar systems, and electric bikes, has appointed Rajeev Suri, former CEO of
Africa’s Path to Global Commerce
At Moonshot by TechCabal, Anu Adasolum, CEO of Sabi, outlined Africa’s opportunity to excel in global commerce by focusing on