Banking on Change
In recent months, several Nigerian commercial banks have migrated to new core banking applications, driven by a need for customization, […]
BasiGo Secures $41.5 Million in New Funding
BasiGo, an electric bus startup founded in 2021 by Jonathan Green and Jit Bhattacharya, has closed a $24 million Series
BUSINESS
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
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
Others
Kenya’s Fast Payment System (FPS)
Kenya’s Central Bank (CBK) is taking a transformative step toward enhancing the country’s financial landscape with the planned introduction of
Kenyan Startup Octavia Carbon Secures $5M
In a significant boost to Africa’s climate tech sector, Kenyan-based startup Octavia Carbon has successfully raised $5 million in seed