SC Ventures and Yabx have partnered to invest $10 million in Furaha, an innovative platform aimed at transforming education financing in sub-Saharan Africa. With a focus on increasing financial accessibility, Furaha is set to empower families and foster brighter futures for millions of children across the continent
Zenith Bank has announced a 20% salary increase for its nearly 10,000 employees, effective January 2025.
Accrue, a Nigerian fintech startup, has raised $1.58 million in seed funding led by Lattice Fund. Originally launched as a crypto investment platform, Accrue pivoted to address cross-border payment challenges in Africa.
Public debt in Nigeria rose to N142.3 trillion in Q3 2024, reflecting a 5.97% increase due to naira depreciation and higher domestic borrowing. This report delves into the key drivers, debt components, and implications for the nation’s fiscal health.
Healthtech startups are redefining healthcare in Africa, addressing critical challenges and improving access to medical services. With increasing mobile penetration enabling telemedicine and e-health solutions, companies like Helium Health and mPharma are bridging gaps in underserved regions.
TRUMP coin, the official meme cryptocurrency tied to President-elect Donald Trump, faced a sharp $6 billion market value drop after Melania Trump introduced her rival token, MELANIA. The Solana-based MELANIA coin soared to a $12 billion valuation within hours of its launch, shaking up the crypto market. This development comes as the Trump administration signals a new era of U.S. crypto innovation.
Conservio, a South African travel-booking platform, has raised US$1 million to expand its nature-based travel operations across Southern Africa. Founded in 2020, the platform supports sustainable accommodations while promoting conservation efforts.
