Browsing: #business

AvtoVAZ, Russia’s largest automaker and majority-owned by the Russian government, is making its move into Nigeria as part of a…

Lipa Later, a leading Kenyan buy-now-pay-later (BNPL) fintech company, has been placed under administration as of March 24, 2025, after…

Baobab Group, a global financial services company with a loan portfolio exceeding $900 million, has fully acquired Baobab Nigeria, its…

Yango Ventures has officially launched a $20 million fund to invest in African startups. The initiative aims to support innovative…

Adeniyi Abiodun, co-founder of blockchain infrastructure firm Mysten Labs, and his wife, Gloria Abiodun, have unveiled a $1.3 million endowment…

Kenyan logistics startup Leta has raised $5 million in seed funding to make goods transportation across Africa faster and more…

Nigerian food procurement startup Vendease is transitioning to a performance-based compensation model following the layoff of 44% of its workforce—approximately…

Madica, an early-stage investment firm focused on Africa, has injected $800,000 into four startups, reinforcing its commitment to backing high-potential…

Zipline, the global drone logistics company, is set to enhance healthcare services in Bayelsa State with the launch of a…

Ghanaian digital bank Affinity Africa has secured $8 million in funding to scale its operations, proving that Ghana is carving…