Moniepoint, the Nigerian fintech giant, has launched a new remittance product called Monieworld. This new service allows UK residents to send money directly to any Nigerian bank account. Users can send funds using Monieworld accounts, bank cards, British accounts, or even Apple Pay and Google Pay. Monieworld earns revenue from foreign exchange conversion fees. For […]
The Nigerian government has officially launched its National Artificial Intelligence (AI) Strategy to drive innovation, improve productivity, and grow the economy. The launch event took place in Lagos on Tuesday during the unveiling of the Nigeria Artificial Intelligence Collective Industry (NAICI). Dr. Bosun Tijani, Minister of Communications, Innovation, and Digital Economy, led the unveiling. He […]
Digital lending company Tala has laid off 28 employees from its customer operations team. The company said fewer loan defaults and a drop in customer support requests led to the decision. In February 2025, Tala shared an internal memo announcing plans to cut 55 roles across its customer service and collections departments. But after reassessing […]
The launch was marked by an official partnership agreement, positioning the event as a cornerstone in Morocco’s broader healthcare reform vision.
“This phone is for those who demand reliability — even in the harshest conditions,” OPPO noted during the launch.
A new partnership between PayPal and TerraPay is set to change how people move money across the Middle East and Africa (MEA). The global payments giant announced its alliance with TerraPay to enable faster and more seamless international transfers in the region.
SASSA’s shift to black cards formed part of its broader plan to digitise and streamline payments, yet the rollout has stumbled. Despite efforts to move away from physical cash points, many beneficiaries, especially in rural regions, continue to rely on face-to-face services. Trust in digital solutions remains low due to previous failures, fraud, and unreliable infrastructure.
With over 13 million users in Kenya alone—making up 12% of its global base—Opera Mini is doubling down on markets where internet access remains a challenge. Unlike heavier AI-powered platforms, Aria’s lightweight design ensures users can generate content, retrieve information, and access educational tools directly from the browser’s home screen without additional data burden.
African startups raised $460 million in the first quarter of 2025, according to data from Africa: The Big Deal. This total includes all funding deals worth at least $100,000. Although promising, this marks a 40.5% drop compared to the $774 million raised in Q4 2024. Startups raised the most in January 2025, collecting $289 million. […]
South African fintech company Stitch has raised $55 million in a Series B funding round. This new investment brings the startup’s total funding to $107 million since it launched four years ago. Stitch plans to use the funds to grow its in-person payments platform and improve its online payment products. QED Investors led the Series […]
Moniepoint, the Nigerian fintech giant, has launched a new remittance product called Monieworld. This new service allows UK residents to send money directly to any Nigerian bank account. Users can send funds using Monieworld accounts, bank cards, British accounts, or even Apple Pay and Google Pay. Monieworld earns revenue from foreign exchange conversion fees. For […]
The Nigerian government has officially launched its National Artificial Intelligence (AI) Strategy to drive innovation, improve productivity, and grow the economy. The launch event took place in Lagos on Tuesday during the unveiling of the Nigeria Artificial Intelligence Collective Industry (NAICI). Dr. Bosun Tijani, Minister of Communications, Innovation, and Digital Economy, led the unveiling. He […]
Digital lending company Tala has laid off 28 employees from its customer operations team. The company said fewer loan defaults and a drop in customer support requests led to the decision. In February 2025, Tala shared an internal memo announcing plans to cut 55 roles across its customer service and collections departments. But after reassessing […]
The launch was marked by an official partnership agreement, positioning the event as a cornerstone in Morocco’s broader healthcare reform vision.
“This phone is for those who demand reliability — even in the harshest conditions,” OPPO noted during the launch.
A new partnership between PayPal and TerraPay is set to change how people move money across the Middle East and Africa (MEA). The global payments giant announced its alliance with TerraPay to enable faster and more seamless international transfers in the region.
SASSA’s shift to black cards formed part of its broader plan to digitise and streamline payments, yet the rollout has stumbled. Despite efforts to move away from physical cash points, many beneficiaries, especially in rural regions, continue to rely on face-to-face services. Trust in digital solutions remains low due to previous failures, fraud, and unreliable infrastructure.
With over 13 million users in Kenya alone—making up 12% of its global base—Opera Mini is doubling down on markets where internet access remains a challenge. Unlike heavier AI-powered platforms, Aria’s lightweight design ensures users can generate content, retrieve information, and access educational tools directly from the browser’s home screen without additional data burden.
African startups raised $460 million in the first quarter of 2025, according to data from Africa: The Big Deal. This total includes all funding deals worth at least $100,000. Although promising, this marks a 40.5% drop compared to the $774 million raised in Q4 2024. Startups raised the most in January 2025, collecting $289 million. […]
South African fintech company Stitch has raised $55 million in a Series B funding round. This new investment brings the startup’s total funding to $107 million since it launched four years ago. Stitch plans to use the funds to grow its in-person payments platform and improve its online payment products. QED Investors led the Series […]
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