Central Bank of Nigeria

Fintech

Cash is nice — as an option

10:00 am PDT • July 23, 2022

Cashless transactions are on the rise, but cash payments are still a reality for American cannabis dispensaries and emerging countries – and they come at a cost. Are we ready…

Cash is nice — as an option

Pan-African digital payments network MFS Africa has raised $100 million in equity and debt, additional funding that takes its Series C round to $200 million. African investment manager Admaius Capital…

MFS Africa raises additional equity and debt capital to take its Series C to $200M

Jumia, the pan-African e-commerce company (and sole tech company based on the continent listed on the NYSE), released its first-quarter financial performance today. The company’s results included consistent growth but…

The e-commerce boom is still afoot in Africa, Jumia’s earnings indicate

To buy a share in Amazon, you’d have to fork out almost $3,000. It’s a luxury very few can afford and despite the prospects of the trillion-dollar company or returns…

Tiger Global and Greycroft back Nigerian investment app Bamboo in $15M round

Central banks control the circulation and supply of money globally, but the phenomenal rise of cryptocurrency poses a threat to their authority, control and power. So central banks around the…

Nigeria follows China’s footsteps in piloting digital currency

This past decade, Nigeria has seen several companies cater to the development and growth of software engineers and tech talent in general. It’s a space many in the Nigerian ecosystem…

Nigeria’s Decagon raises millions to finance and train software engineers