BankingKenyan banks outperform Nigerian counterpartsPritam BordoloiNovember 29, 2019 by Pritam BordoloiNovember 29, 2019 According to Moody’s report, technology helped Kenyan banks to be more efficient... Read more
HealthcareSouth Africa healthtech Guidepost raises fundingPritam BordoloiNovember 14, 2019 by Pritam BordoloiNovember 14, 2019 AlphaCode, fintech investment arm of Rand Merchant Investments, has secured a 25.1% stake in Guidepost... Read more
FintechVisa to take 20% in profitable African fintech InterswitchPritam BordoloiNovember 12, 2019 by Pritam BordoloiNovember 12, 2019 The $200 mn deal will see Visa become a cornerstone investor in the startup ahead of a London IPO... Read more
LogisticsNigerian logistics company GIGL expands digitallyPritam BordoloiNovember 6, 2019 by Pritam BordoloiNovember 6, 2019 Through the app, the company plans to expand its business in the digital space... Read more
FintechCBN to strictly regulate Nigeria’s fintech sectorPritam BordoloiOctober 22, 2019 by Pritam BordoloiOctober 22, 2019 The central bank is also identifying illegal fintech companies and bringing them under regulatory control... Read more
TelecomCBN objects MTN Nigeria’s USSD transactions chargePritam BordoloiOctober 21, 2019 by Pritam BordoloiOctober 21, 2019 MTN is expected to start charging its customers on the directive of bankers committee... Read more
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