Visa Invests in Four African Startups to Boost Financial Inclusion
Visa, the world’s second-largest card payment processor, has invested in four African startups as part of its $1 billion commitment...
Moniepoint Appoints Bayo Olujobi as CFO of MFB
Nigerian fintech giant Moniepoint, which recently raised $110 million at a billion-dollar valuation, has appointed Bayo Olujobi as the Chief...
Meta’s Threads Reaches 275 Million Monthly Users
Meta’s social media platform, Threads, has achieved 275 million monthly active users, in its quest to challenge X (formerly Twitter)....
Techstars Lagos Shuts Down After Just 2 Years of Operation
Two years after its launch, ARM Labs Lagos Techstars, the Nigerian accelerator program by global venture capital firm Techstars, has...
Kobo360 CEO Ciku Mugambi Resigns A Year After Taking The Role
Ciku Mugambi, CEO of logistics startup Kobo360, has announced her resignation after just one year in the role. Mugambi, who...
OpenAI Adds Search to ChatGPT, Competing With Google and Bing
OpenAI has expanded ChatGPT’s capabilities by introducing a built-in search function, allowing the AI chatbot to browse the web and...
Nigeria Establishes Advisory Committee for 3MMT Program
The Nigerian government has formed an advisory committee to guide its 3 Million Technical Talent (3MTT) program. The Program is...
CBN Orders Banks to Seek Approval for Core Software Changes
Commercial banks must now get permission from the Central Bank of Nigeria (CBN) to modify their core banking system software...
Bamboo Expands to Canada with New Remittance Service
Bamboo, the Y Combinator-backed investment app that allows Africans to invest in local and global securities, announced that it has...
Indonesia Bans Sale of iPhone 16 Over Apple’s Investment Shortfall
Indonesia has banned the sale and marketing of Apple’s iPhone 16 due to the tech giant’s failure to meet local...
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