EconomyFeaturedSub-Saharan Africa’s economy expected to grow by 3.4% in 2021: IMFPritam BordoloiApril 20, 2021 by Pritam BordoloiApril 20, 2021 The economy contracted 1.9% in 2020... Read more
FeaturedRenewable energySaudi energy firm Desert Technologies to finance solar projects in NigeriaPritam BordoloiApril 13, 2021 by Pritam BordoloiApril 13, 2021 Desert Technologies will provide large-scale financing to electrify villages in the sub-Saharan region... Read more
FeaturedInsuranceNigerian insurtech Curacel secured $450,000 in pre-seed funding roundPritam BordoloiMarch 31, 2021 by Pritam BordoloiMarch 31, 2021 The funding was led by Atlantica Ventures and Consonance... Read more
BankingFeaturedNigerian digital bank Kuda secures $25 mn Series A fundingPritam BordoloiMarch 19, 2021 by Pritam BordoloiMarch 19, 2021 The funding round was led by New York-based venture capital firm Valar Ventures... Read more
BankingFeaturedSterling Bank adds new lending feature to its digital banking platformWebAdminMarch 8, 2021 by WebAdminMarch 8, 2021 Ajo Scheme is the digital construct of Ajo, Esusu and Adashe... Read more
BankingFeaturedAmerican Express, Access Bank join forces in NigeriaInternational Finance Business DeskFebruary 5, 2021 by International Finance Business DeskFebruary 5, 2021 The partnership will also allow American Express cardholders to use their cards across merchant locations across the country... Read more
FeaturedTelecomMTN and 9Mobile join forces for a mobile-network sharing agreementWebAdminFebruary 4, 2021February 4, 2021 by WebAdminFebruary 4, 2021February 4, 2021 Both parties will ask the Nigerian regulator’s permission for an agreement to let customers share their networks... Read more
FeaturedTechnologyNigerian ed-tech startup raises $7.5 mnInternational Finance Business DeskJanuary 20, 2021 by International Finance Business DeskJanuary 20, 2021 The startup is preparing to expand across the African continent... Read more
FeaturedHealthcareInvestors see compelling opportunity in Africa’s healthcareInternational Finance Business DeskJanuary 18, 2021 by International Finance Business DeskJanuary 18, 2021 Nigeria, for example, is lagging compared to its African peers, in terms of expenditure and access... Read more
FeaturedInsuranceAfrica’s low uptake in insurance points to 2.8% penetrationInternational Finance Business DeskJanuary 11, 2021 by International Finance Business DeskJanuary 11, 2021 The insurance penetration is seemingly more concerning in Kenya as it has recently decreased... Read more