FintechNigeria’s Lidya to disburse $1.1 bn as loans in EuropePritam BordoloiOctober 16, 2019 by Pritam BordoloiOctober 16, 2019 After opening an office in New York, the startup expands into Poland and Czech Republic... Read more
TelecomMTN Nigeria loses thousands of subscribers as Airtel gainsPritam BordoloiOctober 8, 2019 by Pritam BordoloiOctober 8, 2019 Despite losing subscribers, MTN continues to dominate with a 42% market share... Read more
LogisticsKenyan logistics startup Lori Systems expands in NigeriaPritam BordoloiOctober 8, 2019 by Pritam BordoloiOctober 8, 2019 The startup completed a successful pilot in Nigeria with companies such as Olam, Honeywell Flour Mills and Flour Mills Nigeria... Read more
BankingUnion Bank of Nigeria gets $200 mn to fund SMEs, entrepreneursPritam BordoloiOctober 3, 2019 by Pritam BordoloiOctober 3, 2019 Part of the $200 mn funding from OPIC will be used to drive digitalisation... Read more
TechnologyNigeria’s CcHub acquires Kenya’s leading tech incubatorPritam BordoloiSeptember 27, 2019November 1, 2019 by Pritam BordoloiSeptember 27, 2019November 1, 2019 CcHub will finance the deal out of its real-estate project... Read more
TelecomNigeria reserves frequencies for 5G mobile broadbandPritam BordoloiSeptember 25, 2019November 1, 2019 by Pritam BordoloiSeptember 25, 2019November 1, 2019 Nigerian Communications Commission reserved the 26, 38 and 42 GHz spectrum frequencies for 5G mobile broadband... Read more
Wealth ManagementKenya has around 356 billionaires, 4th highest in AfricaPritam BordoloiSeptember 23, 2019November 4, 2019 by Pritam BordoloiSeptember 23, 2019November 4, 2019 73% of Kenya’s billionaires are from Nairobi... Read more
BankingMTN Nigeria launches new mobile financial servicesInternational Finance DeskAugust 30, 2019December 16, 2019 by International Finance DeskAugust 30, 2019December 16, 2019 The new scheme will enable cash transfers and payments through mobile connections... Read more
Telecom9mobile receives $230 million as loan from African FinanceInternational Finance DeskAugust 26, 2019December 17, 2019 by International Finance DeskAugust 26, 2019December 17, 2019 The loan will be used to repay debts, finance costs, and to aid in the growth of the firm... Read more
BankingAccess Bank deepens financial inclusion with agency bankingInternational Finance DeskAugust 23, 2019December 16, 2019 by International Finance DeskAugust 23, 2019December 16, 2019 The decision will enable branches to focus on complex customer obligations... Read more