Naira Ends Week on Firmer Ground Amid Mixed Market Sentiment
The Nigerian naira closed the week on a stronger note in the official foreign exchange window, appreciating to N1,626.00/$1 on Friday, according to data from the Central Bank of Nigeria...
Blog
Your blog category
83 results found
Trump’s Trade War Echoes: Can Nigerian Startups Survive the Global...
U.S. tariff policies are creating ripples far beyond American borders — and Nigeria’s tech ecosystem could be one of the hardest hit. While the 90-day suspension of the proposed trade...
Shaping Africa’s Digital Future: AFDEIC 2025 to Spotlight $180bn Opportunity
From August 12 to 14, 2025, Africa’s leading tech voices will gather in Abuja for the African Digital Economy & Inclusivity Conference (AFDEIC), a high-level forum set to chart the...
$5bn Africa Energy Bank Gains Momentum with Contributions from Nigeria,...
In a significant development for Africa’s energy sector, Nigeria, Angola, and Ghana have fulfilled their capital commitments toward the establishment of the Africa Energy Bank (AEB), a key financial institution...
Djamo Secures $17M to Expand Financial Inclusion in Francophone Africa
Ivorian fintech startup Djamo has raised $17 million in a major funding round, marking a significant milestone in Francophone Africa’s fintech evolution. With over 1 million users across Côte d’Ivoire...
Nigerian Banks Strengthen Capital Base Amid Regulatory Changes
The ongoing recapitalisation drive in Nigeria’s banking sector continued this week, with several banks making progress on their capital-raising plans. While no major new announcements were made, banks largely maintained...
Paystack Introduces Zap, Its First Consumer Product in Nine Years
Paystack has unveiled Zap, a new consumer-focused app designed to make bank transfers faster and more seamless. The announcement was made by Paystack’s CEO, Sola Akinlade, at a special launch...
South African Rand Declines Amid US Tariff Concerns and Domestic...
Johannesburg, March 28 (Reuters) – The South African rand weakened on Friday as investors reacted to global trade tensions and domestic political uncertainty surrounding the national budget. As of 1507...
Uganda Signs $4 Billion Oil Refinery Deal with UAE’s Alpha...
Kampala, March 29 (Reuters) – Uganda has signed a landmark agreement with UAE-based Alpha MBM Investments to develop a 60,000-barrel-per-day (bpd) oil refinery in Kabaale, Hoima District, the office of...
Zimbabwe’s Debt Surges to $21bn Amid Controversial Mutapa Fund Recapitalization
Zimbabwe’s public debt has risen by $3bn to $21bn, following the recapitalization of the Mutapa Investment Fund, a move that has sparked concerns over transparency and fiscal sustainability. The increase...
