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

Kenyan banks are scrambling to slash lending rates following a stern warning from the Central Bank of Kenya (CBK), which…

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…

MTN Nigeria has implemented a 50% price hike, marking a significant shift in its pricing strategy. The telecom giant’s decision…

Ethio Telecom is experiencing a financial surge, generating 61.9 billion birr (about $491.57 million) in just six months—a remarkable 40%…

Three years after its initial proposal, the Bank of South Sudan (BoSS) has officially launched the country’s first National Instant…

A blockchain infrastructure company in Israel called StarkWare, that is valued at $8 billion, has introduced a $4 million fund…

Nigeria’s Securities and Exchange Commission (SEC) is set to accelerate the issuance of crypto licenses in 2025, aiming to establish…

Francophone Africa is an increasingly attractive market for startups due to its growing middle class with disposable income. Companies like…