Interswitch investors to get $110m from I5% sell down
Helios, Visa, and other investors in Interswitch will get $110 million after selling down 15 percent of their total holdings in the company to Leapfrog Investments and Tana Africa Capital.…
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Flutterwave’s $250m Series D funding increases liquidity for payment competition
Flutterwave has closed $250 million in Series D funding making it the most valued tech startup in Africa at a new valuation of $3 billion. Experts say the funding gives the company…
Nigeria government lifts ban on Twitter after securing agreements
The Nigerian government has lifted the ban it placed on microblogging platform, Twitter, after about 8 months of freezing its operations in the country. The platform's operation is expected…
Why Blockchain holds promise for Africa’s growing digital economy
Africa’s initial introduction to blockchain technology was through cryptocurrencies. But while cryptocurrencies are an easy sell for people looking for high-yield assets, they don’t scratch…
NCC says unaware of Bola Tinubu’s connection to Mafab Communications
The Nigerian Communications Commission (NCC) has denied awareness of any link between Senator Bola Ahmed Tinubu, former Governor of Lagos State, and Mafab Communications Limited, one of the…