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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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Guinea Declines Participation in Planned ECOWAS Single Currency, Eco

Guinea has announced that it will not participate in the planned Economic Community of West African States (ECOWAS) single currency, known as the...

Thirty African Countries Included in Permanent U.S. Visa Bond Scheme

Citizens of 30 African countries have been included in a permanent U.S. visa bond programme designed to strengthen immigration compliance and reduce visa...