Power Surge: Nigeria’s Electricity Generation Capacity Jumps 16.04% in Q3 2024 – Report
Power Surge The average electricity generation capacity in Nigeria saw a substantial improvement in the third quarter of 2024, according to the latest...
Payaza Secures ₦50 Billion Backing from FMDQ Exchange for Commercial Paper Program
Payaza, a rising player in the African fintech space, said it has obtained approval for a ₦50 billion Commercial Paper issuance program from...
Sourcefin Secures $8.2M Backing from Futuregrowth to Boost South African SMMEs
Sourcefin Secures $8.2 Million Investment to Empower South African SMMEs South African fintech and alternative funding provider, Sourcefin, has successfully secured ZAR150 million...
Cassava Technologies Secures $310M to Power Africa’s Digital Future
Cassava Technologies, a leading African information and communications technology (ICT) platform, has successfully raised $310 million to accelerate its mission of transforming digital...
Tyme Group Secures $250M Funding, Solidifies Unicorn Status Amid Bold Africa-Asia Expansion
Tyme Group, a leading digital banking innovator operating across Africa and Southeast Asia, has raised $250 million in its Series D funding round....
Juicyway Breaks Cover with $3Million Pre-Seed Funding to Shake Up the Industry
African fintech startup Juicyway has stepped out of stealth mode, unveiling impressive growth figures and ambitious plans for the future. The company also...
Sanari Capital secures $80M to fuel the growth of tech-driven African enterprises.
Sanari Capital, a leading private equity firm based in South Africa, has achieved a significant milestone with the final close of its Sanari...
Moroccan Retail-Tech Startup Z Raises $1.05M Seed Funding to Drive Expansion
Moroccan B2B retail-tech startup Z has successfully raised US$1.05 million in a seed funding round led by local venture capital firms. The investment...
Binance Attracts Record $23 Billion in Deposits in 2024
Binance, the world’s leading cryptocurrency exchange, has solidified its dominance in 2024. According to data from DeFiLama, Binance has attracted a staggering $23...
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Netflix Shuts Down Rumors of Exiting Nigerian Market
Netflix Reaffirms Commitment to Nigerian Market Netflix has addressed rumors regarding its departure from the Nigerian market, emphasizing its dedication to supporting the...
Walmart Acquires Vizio for $2.3 Billion, Strengthening Its Presence in the Advertising Industry
Walmart has officially added TV manufacturer Vizio to its corporate empire, marking a pivotal expansion into the smart TV and advertising industries. The...
