AFEX
Startup

Nigerian Commodities Exchange Platform, AFEX Launches Operations in Kenya

AFEX, the Nigerian commodities exchange platform, has announced its expansion into Kenya, following a successful pilot phase. As part of

Momo
Payment Product Launch

MTN’s MoMo Payment Service Bank (PSB) Formally Begins Operations

Following the final approval for a Payment Service Bank (PSB) licence granted by the Central Bank of Nigeria (CBN), MTN

d.light
Africa Funding Renewable Energy

Zambia’s Africa GreenCo Secures $15.5 Million To Scale Its Operations

Zambia’s Africa GreenCo (GreenCo), has secured $15.5m in funding with participation from InfraCo Africa, the Danish Investment Fund for Developing

Funding Technology Trade Tradetech

African Trade Technology Company Norebase Secures $1M Raise Boost its Operations in Africa

Trade tech company providing a single digital Infrastructure platform for Africa-wide expansion Norebase, has secured a $1M pre-seed funding round,

Didi Chuxing
Ride-hailing

Chinese Ride-hailing Startup, DiDi Shuts Down South African Operations

DiDi Chuxing, the Chinese ride-hailing company, has shut down its operations in South Africa just a year after it started

Uber
Ride-hailing Uber

Uber Granted 30-month License to Operate in London

Uber has finally been granted a 30-month licence to operate private hire vehicles in London. The ride-hailing firm said that

Technology

South Africa’s Carscan Secures $1.3m to Help it Further Expand Operations

Carscan, the South African augmented reality app with an embedded visual recognition AI to track the visual condition of every

Bolt
Ride-hailing

Bolt Adds 3% to Rider’s Fare to Cover ‘Increase in Operating Cost’

Bolt, the ride-hailing firm, has introduced an additional 3 percent booking fee to cover the increase in operating cost. This

Airtel
Financial Services Regulation Telecom

Airtel Receives Approval in Principle to Operate As a Superagent in Nigeria

Airtel Mobile Commerce Nigeria Ltd., a subsidiary of Airtel Africa, has been granted approval in principle by the Central Bank

Payment Regulation Telecom

Airtel, MTN Receive Approval in Principle to Operate Payment Service Banks

MTN Nigeria and Airtel Africa Plc have received approval in principle to operate a payment service banks (PSB) in the