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PayPal has announced a US$100 million investment commitment targeting startups and businesses across Africa and the Middle East, aiming to...
Investment
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Rulesbase, a Nigerian artificial intelligence (AI) startup developing customer service back-office automation tools for financial services, has raised US$2.1 million...
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Kenya is developing a policy that would require large companies to allocate part of their corporate social responsibility (CSR) budgets...
3 min read
The Dangote Group, Africa’s largest industrial conglomerate, has officially commenced the construction of a $2.5 billion fertiliser plant in Gode,...
2 min read
Nigeria’s Securities and Exchange Commission (SEC) has fined Stanbic IBTC Capital Limited, the investment banking arm of Stanbic IBTC Holdings...
3 min read
Nigeria’s banking sector has witnessed one of its most significant consolidations in recent years as Providus Bank Limited merged with...
1 min read
PricewaterhouseCoopers (PwC) has revealed plans to shut down its operations in nine Sub-Saharan African countries following a strategic review intended...
2 min read
The Economic and Financial Crimes Commission (EFCC) and the Securities and Exchange Commission (SEC) have pledged to go after operators...
3 min read
With one year remaining before the new bank capital base officially takes effect, prospective entrants into the banking industry must...
2 min read
Africa-focused fintech company OPay has seen its valuation climb to $2.75 billion, according to recent regulatory filings from minority shareholder...
