Nigeria’s Vice President, Prof. Yemi Osinbajo on Tuesday disclosed that 4G coverage increased from 23% to 77.52% nationwide even as the nation’s broadband coverage had also surged from 33.7% to 44.65% over the past 2 years. Osinbajo made this disclosure during the 3rd Ministerial Performance Review Retreat in Abuja while appraising improvements recorded by the […]
Cellulant, a leading Pan-African payments company has unveiled its new brand identity and re-affirm its commitment to partner with global, regional and local businesses to accelerate payments’ digitization across Africa. The technology firm has over the last couple of years evolved to become more than just a business but an idea and belief that Africa […]
Africa’s fast-growing financial technology (fintech) startup, Chipper Cash, has raised $100million in a Series C funding round, thereby pushing the fast-growing digital financial services provider to Unicorn status in Africa Led by SVB Capital, the investment arm of U.S. high-tech commercial bank, Silicon Valley Bank, the funding round also featured existing investors, namely Deciens Capital, […]
The Chief Executive Officer of Jumia Nigeria, Juliet Anammah, has assured the Federal Government that the continental free trade agreement (CFTA), which Nigeria is yet to endorse, will encourage partnerships among eCommerce companies within the continent, and impact the country’s growing economy significantly, among other benefits. Anammah’s remarks on the continental free trade pact which […]
Jumia, the leading online eCommerce ecosystem in Africa, has reported a growth by 64.5 percent in its Gross Merchandise Volume (GMV) to 197,9 Million Euros (MEUR), representing (+113% in constant currency) in the fourth quarter of 2017. According to a press release issued by the company yesterday on its trade performance in the continent, the […]