In today's edition: OPay eyes US IPO || StanChart reduces headcount in Kenya || Rwanda mulls social media ban for children || SA opens public comment on rules affecting businesses
Vertiv, a global leader in critical digital infrastructure and continuity solutions, has acquired Strategic Thermal Labs LLC (STL), a specialist in advanced liquid-cooling technologies. The acquisition extends Vertiv’s thermal-chain strategy by strengthening engineering capability at the interface b
The United States has moved to ease visa restrictions affecting Nigerian and other foreign-trained doctors, in what observers describe as a significant policy shift driven by mounting pressure on the country’s healthcare system. Recent updates from U.S. immigration authorities indicate that foreign
Nigeria’s broadband penetration crossed 50% in November 2025, but affordability, rural access, and service quality could determine how meaningful the milestone becomes.
The Nigeria Internet Registration Association successfully convened its 18th Annual General Meeting (AGM), bringing together key stakeholders from across Nigeria’s internet, technology, and business ecosystem following the successful conclusion of its Annual General Meeting (AGM) held at Radisson Bl
Driven by its commitment to advancing academic excellence and empowering the next generation of Nigerian leaders, the MTN Foundation has opened applications for its 2026 Scholarship Programmes. This year’s application cycle covers the Science and Technology Scholarship (STS) and the Scholarship for
Nigeria has taken a major step toward strengthening its national emergency response system, with the National Economic Council approving 112 as the country’s unified emergency number, to be implemented nationwide. The decision, reached at the council’s 157th meeting chaired by Vice President Kashim
Meet Michael Emeeka, the Business and Customer Operations Lead and Country Lead for Blockchain.com in Nigeria, where he oversees user operations, market growth, and customer-centric strategies.
The National Information Technology Development Agency and the Nigeria Data Protection Commission have raised concerns over Nigeria’s data sovereignty, revealing that over 90 per cent of the country’s data is currently hosted outside its borders, an exposure they describe as a major national risk. S
The National Information Technology Development Agency, through the Office for Nigerian Digital Innovation, and Galaxy Backbone Limited have announced a strategic partnership to provide subsidised sovereign cloud services to startups participating in the iHatch programme. This collaboration marks a
Nigeria’s leading composite e-commerce platform, Konga, has officially announced the launch of its highly anticipated Konga Tech Month. Konga Tech Month is a month-long campaign dedicated to delivering exceptional value across the technology category. It runs from May 1 to May 31, 2026, and presents
OneBio Venture Studio has raised 100 million rand ($6 million) in a first close of its second fund, as the South Africa-based investor bets on the long-term potential of Africa’s underdeveloped biotechnology sector. The firm is targeting a final close of 300 million rand by mid-2027, it said, as it
Kenyan fintech firm Wapi Pay is strengthening its push into the Caribbean payments market, riding on record remittance inflows into Jamaica and growing demand for faster cross-border transactions. Remittance inflows to Jamaica reached an all-time high of $3.49 billion in 2025, marking a 3.8% increas
Ethiopia-based e-mobility startup Dodai has raised $13 million in a Series A funding round to accelerate the deployment of electric motorbikes and battery-swapping infrastructure across the country. The round comprises $8 million in equity and $5 million in debt, with participation from the Value Ch
Airtel Africa is planning to list its mobile money business in a deal that could raise between $1.5 billion and $2 billion, as the telecom operator seeks to capitalize on rapid growth in digital financial services across the continent, according to people familiar with the matter. The proposed initi
Shiprazor, the Cape Town-based e-commerce merchant tech and smart logistics platform, has raised $2.65 million (R44m) in seed funding to help African online merchants reduce delivery costs, improve conversion, and simplify fulfilment. The seed round was led by pan-African venture capital firm Norrsk
The Development Bank of Nigeria has said its lending activities have supported the creation of 1.6 million jobs, with total disbursements to Micro, Small and Medium Enterprises (MSMEs) reaching N1.4 trillion since its establishment in 2015. Tony Okpanachi, managing director and chief executive offic
