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 platformInternational Finance Business DeskMarch 8, 2021 by International Finance Business DeskMarch 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 agreementInternational Finance Business DeskFebruary 4, 2021February 4, 2021 by International Finance Business DeskFebruary 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
BankingFeaturedNigeria to liquidate 42 microfinance banksPritam BordoloiDecember 22, 2020 by Pritam BordoloiDecember 22, 2020 Authorities are verifying the claims of stakeholders of the 42 MFBs that lost their licenses... Read more
FeaturedInsuranceNational Insurance Commission grants licences to new firmsInternational Finance Business DeskNovember 30, 2020 by International Finance Business DeskNovember 30, 2020 It has granted operational licences to six new insurance companies and one reinsurance company in Nigeria... Read more