Venture Capital

Convergence Partners Announces First Close of its Third Fund at $120m to Drive Digital Inclusion in Africa

Convergence Partners, a private equity investor focused on the technology sector across sub-Saharan Africa, announced the successful first close of

BBNaija
Pay Tv

BBNaija Season 6 Premieres July 24 with a Double Launch Show

Following the conclusion of the open call auditions in May 2021, all is now set for the premiere of the

TeamApt
Fintech Funding Investment Venture Capital

TeamApt Plans to Leverage its Agency Banking Dominance to Extend Services to Customers With its New Undisclosed Series B Funding Round

Nigerian Fintech startup, TeamApt, which provides financial services for the underserved mass market in Africa has announced the completion of

5G
Internet Technology

Nigerian Senate Asks FG to Suspend 5G Deployment

The Nigerian Senate has asked the federal government to suspend plans to deploy fifth-generation (5G) network technology in Nigeria till

IFC
Funding SMEs

IFC Announces $2bn Investment in African SMEs and Trade to Support Recovery From COVID-19

Targeting sectors hit hard by COVID-19, the International Finance Corporation (IFC) has announced a $2 billion commitment to support smaller

MTN
Mobile Money Partnership Payment

MTN South Africa Sign $2m Partnership With IFC to Expand Mobile Money Business

MTN South Africa has signed a $2 million partnership with the World Bank’s International Finance Corporation (IFC) to expand its mobile

Ascent
Funding Venture Capital

African Private Equity Fund Manager Ascent Announces Close of Ascent Rift Valley Fund II

African private equity fund manager Ascent has announced the first rolling close of its Ascent Rift Valley Fund II (ARVF II) at

Mastercard
Business Payment SMEs

Mastercard Launches SME Dining Series Campaign “Start Something Priceless”

Mastercard has announced the launch of its SME Dining Series in support of small businesses in Abuja and Lagos. The

Cassava Fintech
Fintech Health Partnership

Cassava Fintech, Mastercard to Partner on Fintech Solutions For Covid-19 Response in Africa

Cassava Fintech and Mastercard have entered into a strategic partnership to advance digital inclusion across Africa and collaborate on a

Google
Accelerator Developer Partnership

Google Offers 40,000 African Developers Scholarships, Opens 6th Accelerator Programme

Google is offering scholarships to 40,000 African developers, through the launch of a new partnership with Pluralsight and Andela. It has also announced