Yoco has secured a $100 million credit facility from Victory Park Capital to expand its merchant financing operation, using payments data to assess small businesses and gain greater control over credit risk.
Nigeria’s new digital postcode system aims to replace landmark-based directions with precise building-level codes. Behind it is Milsat’s push to build location-data infrastructure—but keeping that information accurate, accessible and useful will be the bigger test.
Kuramo has launched the Wholesale Impact Investment Fund (WIIF), a naira-denominated fund-of-funds targeting $1 billion for Nigerian small businesses.
At COP31 in Antalya, Turkey, the finance must follow the ambition, or the "implementation COP" delivers nothing.
Money Fellows built its model around digitising an old saving habit in Egypt.
The continent has no shortage of talented professionals but lacks the opportunities for them. Can Africa unleash its demographic advantages?
L.A.X Lyrics Arewa is a heartfelt, hypnotic plea for genuine affection and mutual trust, L.A.X uses traditional terms of endearment ("Arewa mi", "Ololufe mi") to express deep longing, offering to spend his earnings and travel to Miami with his lover while asking for total honesty free of games or de
Afreximbank’s $118 million commitment to Nigeria’s creative economy could help businesses scale, but access to finance alone will not unlock Africa’s creative potential. Cross-border trade barriers, weak intellectual property protection and limited routes to market remain major obstacles.
African businesses pay significantly more to borrow in corporate bond markets than their counterparts in high-income economies, with firms on the continent facing a median real borrowing cost that is 180 basis points (1.8%) higher, according to research by the International Finance Corporation (IFC)
Having secured both chambers of Congress, Democrats can now obstruct much of President Donald Trump’s remaining legislative agenda, intensify oversight, and challenge his most controversial policies. The post ANALYSIS: What a weakened Trump could mean for Nigeria, other African countries appeared fi