Logistics startup kwik secures funding to scale up in Nigeria
Founder of French video games company Ubisoft invested in the Lagos-based startup...
Tag : Nigeria
Coronavirus, oil price war take its toll on African oil producers
Recently, Congo reached out to OPEC for an emergency meeting to find a way to keep member nations from sinking into recession...
MTN subscriber base reaches 64.3 mn in 2019
Active subscribers also rose to 25.2 million, representing a 34.9% increase from 2018...
MTN Nigeria adds 108,000 agents to its mobile money network
The network served one million customers in its first four months...
MTN to invest $1.6 bn in Nigeria to boost connectivity
This follows the Nigerian government’s decision to drop charges against MTN Group for alleged unpaid taxes worth $2 bn...
Nigerian fintech startups attracted $122 mn in funding in 2019
Total funding accumulated by fintechs fell by 21.8% year-on-year...
Nigerian fintech Paga acquires Apposit to fuel expansion
The fintech raised $10 mn last year and announced its plan to expand globally...
African tech startups secure $491.6 mn in funding in 2019
2019 also witnessed a 61% increase in the number of investors to reach 261...
African tech companies invited to partner Britain-led growth scheme
With its startups generating 50% more venture capital in 2017 than in 2016, Africa is witnessing an exponential growth in the technology industry...
Petrobras finally makes an exit from the African continent
Petrobras’ share of production from its Nigerian assets in 2019 was around 34,000 barrels per day...