The rise of crypto adoption in Africa
Facebook’s Libra and CBDCs are contributing factors to increase the popularity of cryptocurrency in Africa...
Tag : Nigeria
Samsung seeks to modernise shipbuilding in Nigeria
The company has identified Nigeria and West Africa as emerging markets with growth potential...
Nigeria, Kenya, South Africa sees 613 VC deals in 6 years
It is reported that 21 percent of venture capital deals were achieved by African-owned companies established outside the continent...
Nigeria anticipated to hit its worst recession in four decades: World Bank
The IMF and the World Bank anticipate the Nigerian economy to slip into recession impacting its lenders at a large scale...
New digital bank called Sparkle launches in Nigeria
Sparkle is launched by former Diamond Bank CEO and tech entrepreneur Uzoma Dozie...
Nigeria suspends layoffs for banks despite difficult times
Commercial lenders will have to seek approval from the central bank to implement job cuts...
Nigerian healthtech 54gene launches mobile Covid-19 testing labs
The startup has partnered with First City Monument Bank and the Ogun state government...
Nigerian fintech Okra secures $1 mn funding to boost infrastructure
TLcom Capital led the funding round for Okra...
Trade between China and Africa drops by 14% during Q1 2020
Chinese exports to African nations decreased by 10.5% due to the coronavirus pandemic...
MTN Group announces R250 mn relief package to fight Covid-19
The telco also plans to raise R40 mn for a global staff emergency fund...