Flutterwave has introduced Pay With Bank Transfer in Ghana, a new payment option developed in partnership with Affinity Bank. This integration enables businesses to accept secure bank transfers, reducing reliance on cash and Mobile Money. With over 115 million bank transfer payments recorded in Ghana in 2023, this development reflects the nation’s shift toward digital financial solutions.
Gold hit a record high on Tuesday, surpassing $3,000 per ounce as investors flocked to safe-haven assets amid geopolitical and economic turmoil. With rising inflation, a weaker U.S. dollar, and ongoing trade tensions, analysts expect further gains in the coming months.
Meta has launched the Llama Impact Grant, providing $20,000 to AI-driven projects tackling Africa’s challenges in healthcare, agriculture, and research. Applications are open until April 18, 2025—apply now to bring your AI solution to life!
The Startup 360 Connect Programme is calling on innovative startups from Kenya and the broader East African region to apply. Backed by the UK Government, this initiative offers mentorship, investment opportunities, and strategic networking to help startups expand into global markets.
THE BIG PITCH 2025 is here! Startup Club ZA and the South African Future Trust are offering a $1 million investment and national media exposure to the most innovative early-stage startups. Apply now and take your business to new heights!
Nigeria is set to launch a $40 million fund to support early-stage tech startups, with equal backing from JICA and NSIA. The initiative, part of the Nigeria Startup Act, aims to fuel innovation, provide tax incentives, and drive economic growth. With 13,000 startups already registered, the government is working to expand awareness and ensure all 36 states and Abuja benefit from this groundbreaking opportunity.
Leta has raised $5 million in seed funding to scale its AI-powered logistics platform, helping businesses streamline deliveries, cut costs, and improve efficiency. With backing from Speedinvest, Google’s Africa Investment Fund, and Equator, Leta is set to revolutionize logistics across Africa.
A new report by MO Africa Co. estimates that men in Lagos spent ₦661 billion on transactional sex in 2024. Covering 20 LGAs, the study explores spending trends, motivations, and the growing digital market for sex work.
Transcorp Group has delivered an exceptional 2024 financial performance, with a 188% profit increase and 107% revenue growth. Strong execution in power, hospitality, and energy investments solidifies its market leadership. Read more on how Transcorp continues to drive sustainable growth.
Nigeria’s Exports Surge to $50.4 Billion as Weaker Naira and Subsidy Cuts Reshape Trade Balance