Having spent barely two days on the New York Stock Exchange, Jumia Technologies is already trading at a price almost twice its anticipated initial public offering of $13.00 to $16.00 per share.…
Online sports betting in Africa: Between morality and an opportunity for revenue generation
How some African governments are clamping down on online sports betting, using tax compliance and morality as the bases for their decisions.…
Jumia gets the final nod to list on the New York Stock Exchange
Jumia has gotten the final nod to sell its shares on the New York Stock Exchange (NYSE), as the registration statement filed by the company with the Securities and Exchange Commission (SEC) has been d…
Following $170m investment round, Branch is looking outside Africa’s banking system to serve the unbanked
How Branch is going after Africa’s unbanked population, following its recent partnership with Visa and a successful $170m investment round.…
7 prominent entrepreneurs who have moved on from the Nigerian eCommerce industry
A list of prominent entrepreneurs that have left the Nigerian eCommerce space and what they are doing at the moment.…
Jumia has been approved to list its shares on the New York Stock Exchange
Jumia has gotten the approval to list its shares on the New York Stock Exchange following an update on its Form F1 filing with the Securities and Exchange Commission.…
Why an efficient national identification system is instrumental to Nigeria’s financial inclusion drive
PiggyVest co-founder, Joshua Chibueze highlights the need for an efficient identity system towards driving financial inclusion in Nigeriaa…
The interesting symbiotic relationship between banks and fintechs in Nigeria
How the relationship between fintechs and banks is favouring both parties with the latter providing a support system to the former.…
Carrot is helping people protect their loved ones through simplified will and estate planning
The Lagos-based technology startup is working to make estate planning easy and seamless for individuals towards protecting their loved ones, in the event of the inevitable.…
Airtel may be beating MTN to launching a payment service bank in Nigeria
Airtel Nigeria appears to be launching its payment service bank ahead of MTN that first indicated interest in establishing a bank in 2019…
Why the Nigerian banking industry may not take the fully digital leap anytime soon
With low internet penetration and literacy rate as contributing factors, the Nigerian banking industry may not go full-fledged digital anytime soon, according to experts.…
Review of the $22 MTN Smart T ‘smart’ feature phone
A quick review of the MTN Smart T ‘smart’ feature phone that retails for ₦8,000 ($22) and was released in Lagos recently.…
Jumia, Africa’s first Internet startup to list on the NYSE, might not be truly African
There are questions around the African identity of Jumia Technologies AG, widely considered as the first African internet startup to file for IPO in the New York Stock Exchange.…
NITDA is on a mission to safeguard the data privacy rights of Nigerians
Efforts by the Nigerian government towards promoting data privacy in the country through the introduction of a data protection regulation.…
Feature phones and the renewed drive for internet penetration in Africa
The increasing efforts to connect more Africans to the Internet through the launching of ‘smart ‘feature phones for the continent.…
Weeks without the President’s assent, Paradigm Initiative intensifies campaign for Digital Rights Bill
Paradigm Initiative is intensifying the campaign for the signing of the Digital Rights bill by starting a social media campaign about the bill.…
NCC allegedly tags Google free Wi-Fi as ‘illegal’, in a move that could be intended to protect local telcos
Following rumours that the NCC has accused Google of evading regulatory oversight of its free Wi-Fi service in Nigeria, it appears that the regulatory body is making efforts to protect local telecom c…
MTN’s ₦8k smart feature phone, the MTN Smart T, is finally here
MTN Group has finally launched the MTN Smart T, an ₦8,000 smart feature phone that can use WhatsApp, Google Assistant and other apps, for the Nigerian market.…
South African cryptocurrency trading platform, VALR raises $1.5 million
VALR, a South African startup that’s yet to launch, has raised the $1.5 million in a seed funding round that was led by Bittrex — a United State blockchain trading platform.…
As cryptocurrency-dealing startups continue to thrive, Nigerian regulatory authorities will have to play catch-up
Some of the activities of the Nigerian companies in the cryptocurrency space as reported in the Nigerian Startup Funding Report 2018.…