MARA, a Pan-African crypto exchange, recently launched and announced $23 million in funding from Coinbase Ventures, Alameda Research (FTX), Distributed Global, TQ Ventures, DIGITAL, Nexo, Huobi Ventures, Day One Ventures, Infinite Capital, DAO Jones (investment DAO backed by Mike Shinoda, Steve Aoki and Disclosure), and nearly 100 other crypto investors, and angels including Amit Bhatia and Hamad…
Kwaba, a Nigerian fintech firm that helps low and middle-income earners divide their annual rent into manageable monthly instalments, has received pre-seed capital to help it expand across Nigeria and Africa.
Kwaba, which was founded by Obinna Molokwu in January 2020 and is…
Multigate.io, a Nigerian financial technology firm formed in 2017, leads the future of FinTech and cross-border payments from the continent by providing immediate cross-border funds transfer and enhanced treasury and cash management to businesses and individuals within and…
Apple has lost its position as the world’s most valuable company amid a broad sell-off of technology stocks.
Saudi Arabian oil and gas producer Aramco has reclaimed the top spot from the iPhone maker for the first time in almost two years.
Investors have been selling shares in technology firms as they move into what they see as less risky assets.
Bitcoin, other major cryptocurrencies and digital…
ZINOX TECHNOLOGIES SET TO ACQUIRE JUMIA
May 16, 2022
Zinox Technologies is reportedly set to acquire foremost e-commerce company,Jumia.
The billionaire Leo Stan Ekeh led company is set to make the move as Junmia’s shares price continues to dip.
According to ENigeria Newspaper, the shares price of Jumia, Africa’s e-commerce…
Google on Wednesday and Thursday held its annual developer conference where it revealed an expanded line of new products and services.
At its first in-person developer conference in 3 years, the tech giant announced 3 new smartphones and its first in-house smartwatch as well…
Nigeria Fintech Interswitch raises $110m
May 13, 2022
Interswitch, a Nigerian digital payments company that is Africa’s second unicorn, has raised $110 million to help it expand, according to multiple news reports.
The strategic investment came from LeapFrog Investment and Tana Africa Capital, which will work with Interswitch to “advance the payment ecosystem across the continent,” according to a Thursday (May 12) news release,
Founded 10…
Meet The CEO Effanga’s kitchen, Tega Dominic
May 13, 2022
On this series of 5QUESTIONS BY RANKS BUSINESS, we introduce you to Actress Tega Dominic the CEO of Effanga’s Kitchen.
Against all odds Former Bbnaija Housemate Tega Dominic recently unveils her Effanga’s Kitchen to redefine meals taste in Nigeria.
Read our brief…
Ahead of the launch of its payment service bank (PSB), MTN Nigeria says it has seen the number of active subscribers on its fintech platform rise by 6.2 million to 10.7 million people year-on-year.
The telecommunication company (telco) said it added 1.3 million fintech…
DRONETECX, Nigeria’s foremost Drone Technology Conference and Exhibition has restarted its commitment to creating access for Nigeria and Africa to tap into $150 billion global drone market.
Speaking during the 2nd Drone Technology Conference and Exhibition held at NIGAV Expo Center, Murtala Muhammed International Airport, Lagos, Fortune Idu, chairman DRONETECX 2022 said the global drone market…

