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Business

PBR Secures $1 Million Pre-Seed Funding to Drive AI Expansion into Africa

PBR, a Techstars-backed healthcare data analytics company, has raised $1 million in pre-seed funding to enhance its AI infrastructure and expand operations into...

Business

Tyme Group Becomes Africa’s Ninth Unicorn After Securing $250 Million Series D Funding

South Africa’s digital lender, Tyme Group, has cemented its position as one of Africa’s leading fintech companies after raising $250 million in a...

Business

Nigeria’s Juicyway Raises $3 Million to Tackle FX Shortages for Businesses

Juicyway, a Nigerian cross-border payments startup addressing the country’s ongoing foreign exchange (FX) challenges, has secured $3 million in pre-seed funding. The investment...

L-R Tosin Eniolorunda, Co-founderCEO Moniepoint Inc.; Felix Ike, Co-founderCTO Moniepoint Inc.
Business

Moniepoint Achieves Unicorn Status with $110 Million Series C Funding

Moniepoint Inc., Nigeria’s prominent business banking platform, has officially reached unicorn status following a successful $110 million Series C funding round. Founded in...

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South African Rand Weakens Ahead of First Central Bank Meeting Under New Inflation Target

The South African rand edged lower in early Thursday trading as markets turned their focus to the South African Reserve Bank’s upcoming interest...

Gunmen Kill Two and Abduct Pastor in Fresh Church Attack in Central Nigeria

Gunmen launched a violent attack on a church in Eruku, a town in Nigeria’s central Kwara state, killing at least two people and...