Business Africa

Nigeria affordable internet

Nigeria to Provide Affordable Internet for Tech Start-ups Amid Lockdown

The Nigerian Federal Government has set up a committee to provide affordable internet access to selected startups in the country during the Covid-19 lockdown. This was kickstarted by the National Information Technology Development Agency (NITDA). The Initiative aims to support tech startups providing essential services in this period of Covid-19 […]

14 total views, 6 views today

Nigeria bailout

Covid-19: IMF to Provide an Emergency Bailout for Nigeria

The IMF is considering a $3.4 billion emergency bailout for Nigeria to alleviate the economic issues caused by the Covid-19 pandemic. This is following Nigeria’s request for a loan from the IMF. Nigeria will use the bailout to cover it large revenue deficit due to the drop in oil prices […]

20 total views, 6 views today

Payment24 Standard Bank investment

SA Startup Payment24 Secures Standard Bank Investment

South African digital fuel management solutions and telematics startup Payment24 has secured an investment from Standard Bank. The Investment gained Standard Bank a 40% per cent stake of Payment24. The partnership will allow both companies to strengthen their footprint across Africa. South African digital fuel management solutions and telematics startup […]

20 total views, 5 views today