Business News
Business News

Nguvu Health and Axal Mansard partner to provide increased access to healthcare.

In Africa, mental health professionals are scarce, with only 1 psychiatrist per 500,000 Africans, which is 100 times less than the recommended number. In Nigeria, the figures are even lower, with only 300 psychiatrists for the over 50 million people that suffer from mental disorders. According to the World Health Organisation, Africa is home to 6 of the […]

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Business News Technology

Spotify cancels 11 podcasts, trims down 5% of podcast workforce

Spotify is scrubbing off 11 of its original podcasts from its podcast streaming platform, to enable it focus on more popular hit podcasts. The canceled podcasts will be products of Parcast and Gimlet, podcast studios which were acquired by Spotify in 2019. The move will also see Spotify cut down the size of its podcast […]

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Business News

Kippa receives License from the Central Bank of Nigeria

Nigerian fintech startup Kippa announced today that it has received a Super-Agent banking license from the Central Bank of Nigeria, fostering its ambition to make it easy for anyone to start and run profitable small businesses in Africa. A Super-Agent is a corporately licensed entity empowered to conduct certain banking activities within the community such […]

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Business News Social Media

Elon Musk justifies request to terminate the $44 billion Twitter acquisition deal

Elon Musk, CEO of Tesla, has once again justified his request to cancel the $44 billion Twitter acquisition deal. This time, the billionaire cites recent claims by a former security head of the social media firm that back up his position on the number of spam accounts on Twitter. In a complaint filed last week, […]

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Business News Technology

Moneymie has shut down its digital bank for immigrants to focus on B2B services

Moneymie suspended its digital bank service, which allowed African immigrants in North America to send and receive money from Nigeria, Ghana, and South Africa, on August 9, 2022. Although Moneymie is discontinuing its B2C services, the fintech company announced that it will focus on cross-border payments and payouts for business users through its B2B platform […]

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Business Business News Economy

Binance will use its innovative crypto hub to support crypto education in Cameroon.

With up to 23 African governments banning cryptocurrency, the future of crypto in Africa has been a rising concern. Despite this, Binance, the world’s largest crypto exchange platform by volume, is pushing for increased cryptocurrency adoption on the continent. To this end, the cryptocurrency infrastructure provider has launched a crypto education hub in Yaounde, Cameroon, via a […]

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Business News Technology

Truecaller for Business adds new features to its offering

Truecaller, well-known for allowing users to verify contacts and block unwanted communications, has released new features for Truecaller for Business, among other security features. These features include Video Caller ID, Call Me Back, Call Ratings, and Surveys, allowing the platform to quickly onboard new clients. The new capabilities significantly strengthen Truecaller’s current enterprise offering. Truecaller […]

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Business News Technology

Pick n Pay, first sub-Saharan African retailer to migrate to AWS

Pick n Pay, a South African retailer, has moved its entire on-premises information technology (IT) infrastructure to Amazon Web Services (AWS). Pick n Pay collaborated with Lemongrass Consulting, an AWS Premier Consulting Partner, for the migration. The retailer stated in a press statement that it will use the AWS Marketplace and AWS’s wide range of […]

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MTN launches 5G in Nigeria

MTN Nigeria Communications Plc launched an open Fifth-Generation (5G) pilot this week in preparation for its highly anticipated commercial launch. Nigeria has now joined South Africa and Kenya in the 5G race. MTN Nigeria is currently testing the next-generation network infrastructure to launch 5G services in Lagos, Abuja, Port Harcourt, Ibadan, Kano, Owerri, and Maiduguri. […]

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Business News Technology

Palmpay launches new security campaign

PalmPay, a Nigerian fintech startup, has launched a new payment security campaign to increase customer payment and cyber security awareness. PalmPay’s managing director, Chika Nwosu, confirmed the new development in a media release obtained by Ripples Nigeria on Monday. The fintech is a digital payment platform that aims to increase financial inclusion and improve customer […]

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