Nigerian Banks Have Been Ordered To “Lend Or Die” – Now The Big Banks Are Thirsty For Borrowers

A couple of months ago, the Central Bank of Nigeria (CBN) basically told commercial banks in Nigeria to “lend or

Another Shutdown, Another Proof VC Cash Isn’t Everything – Silas Adekunle’s Startup Reach Robotics Winds Up

The startup ecosystem is as such that not everyone is favored. Sometimes, rough patches cannot be straightened, and the end

Are Foreign Investors Abandoning Africa’s Largest Economy? The Numbers Say “Yes”

Last week, the National Bureau of Statistics (NBS) released its quarterly data on the state of the Nigerian economy and

Kuda, Nigeria’s First Digital Bank, Secures USD 1.6 Mn In Pre-Seed

Lagos-based fintech startup Kuda has raised USD 1.6 Mn in a pre-seed round. Haresh Aswani, the Managing Director – Africa

South African Universities Top Globally: These Two Universities Are Taking It To A Whole New Level

Times Higher Education (THE), a World University Ranking, has published its annual publication of University rankings listing top 1400 universities

Africa’s Biggest Mobile Operator Slapped With Millions In Fines For Hiking WhatsApp Bundle Price

South African telecommunication company MTN has been fined ZAR 5 Mn by Independent Communications Authority of South Africa (ICASA) for

Uganda Plans To Use Electric Buses In Two Months

Vehicle manufacturing in Africa has witnessed growth with the emergence of many African automobile manufacturers rolling out vehicles out of

Loss Making Airline, KQ Forced To Cancel Flights Due To Shortage Of Pilots

A shortage of pilots has forced loss-making national carrier, Kenya Airways has been forced to cancel dozens of flights. The

This Country Has Toppled Kenya As The Top Destination For Foreign Investments In East Africa

It’s kind of a given for countries like Kenya and Tanzania to take the biggest slice of cake whenever there’s

The Kenya Business Of Mr Price Sinks In Millions Of Losses

South African fashion retailer, Mr Price, has suffered Sh 84 million loss in its Kenyan operation in the 10 months

A Rising Number Of U.S. Refineries Are Ditching U.S. Shale For Nigerian Crude – This Is Why

How The Nigeria-U.S. ‘Oil Affair’ Came To An End For several months since 2014, Nigeria has seen its crude oil

This African Country Now Offers Free Visa – And Its Mostly Favoring The ECOWAS Pack

Many African countries have been loosening up on their visa policies as of late. The latest to do so is