Business - (Page 15)

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Business

A collection of 361 posts

TPG Acquires $200m Stake from Airtel Africa

TPG Acquires $200m Stake from Airtel Africa

Telecommunication companies have been providing various value-added services for their customers over the years. Provision of mobile money services seems to be the most profitable value added service recently. In 2019, 50 million sub-Saharan Africans created a mobile-money account via a mobile phone, representing a 12% increase compared to 2018

Artificial Intelligence

PayPal and Flutterwave Partner to Enable African Merchants Receive Payment

It’s always a joy to carryout a payment with ease, especially one that crosses the borders of your region. For Africans, Flutterwave has ensured that merchants and freelancers can enjoy the ease of making payments from the comfort of their homes or business to anyone anywhere in the world.

Ghana’s Plendify Enhancing Africa’s Supply Chain

Ghana’s Plendify Enhancing Africa’s Supply Chain

Without commodity exchanges, it would be difficult—if not impossible—to establish a standardized price for a commodity. Those in the commodity industry would be personally responsible for finding individual buyers and sellers, and the few buyers they contact will be the ones who determine the prices of commodities. There

Deezer Slashes Subscription Fee and now Accepts Naira Payment

Innovation always brings about rivalry among tech firms, and it’s the good kind most of the time. Individual firm dynamism will always cause a stir in the flow of operation of other firms in the tech space. On the 23rd of February, 2021, Spotify, the world’s most popular

Artificial Intelligence

Apple Discontinues iMac Pro

Apple designed the iMac Pro for pros. The iMac pro is packed with powerful graphics, powerful processors, advanced storage and memory and a breathtaking Retina 5K display. It is designed to serve every purpose and everyone from photographers to video editors to 3D animators to musicians to software developers and

IrokoTV Going Public on London Stock Exchange: An Analysis

IrokoTV Going Public on London Stock Exchange: An Analysis

IROKO’s Nigeria Story In December 2011, IROKO TV was launched and was dubbed the Netflix of Africa. The media company went on to grow in the coming years and became the world’s largest legal digital distributor of African movies, especially Nollywood films. By January 2020, IROKO TV had

The Aftermath of Jeff Bezos’ $30million Investment in African Startup, Chipper Cash

The Aftermath of Jeff Bezos’ $30million Investment in African Startup, Chipper Cash

Africa’s Fintech The narrative about Africa’s Financial Technology (Fintech) industry has been changing over the years. There have been large support for African startups in Cape Town, Nairobi, Lagos, and other parts of the continent. The prestigious Y-Combinator has continuously assisted African tech startups by providing accelerator funds

Binance in the Aftermath of the Crypto Ban in Nigeria

Binance in the Aftermath of the Crypto Ban in Nigeria

There has been growing tension in the country’s crypto space especially after crypto users were threatened for using Bitcoin to raise funds for the sponsorship of the #EndSars protest in Nigeria, in October, 2020. The ban on crypto trading for financial institutions would increase the relevance of the CBN,

Lara.ng: The Real Nigerian Map

Lara.ng: The Real Nigerian Map

Meet Lara… In the words of Chimamanda Ngozi Adichie in 2019 “…if Lagos has a theme it is the hustle, the striving and trying. The working class does the impossible to scrape a living. The middle class has a side hustle. The banker sells cloths. The telecommunications analyst sells nappies.

CBN Suspends the Crypto Trading Ban in Nigeria

CBN Suspends the Crypto Trading Ban in Nigeria

On the 5th of February, 2021, a circular was released by the Central Bank of Nigeria (CBN) banning all deposit banks, non-financial institutions and other financial institutions from trading in crypto currency. This ban was further stretched as the circular instructed financial institutions to close the accounts of persons or

How Y Combinator Has Influenced Startups in Africa

How Y Combinator Has Influenced Startups in Africa

Do you know that in Africa it is easier for large (rich, MNCs, or high capital) firms to access financial funds than it is for smaller and infant firms? In fact, it is riskier to access finance in Africa than in any other region of the world even though the