Google commits to fortify Nigeria's digital economy

With this fundraising, Janngo Capital says it becomes Africa's largest venture capital firm dedicated to advancing gender equality.

According to the telco, the refinancing comes at an important strategic point, aligning with Telecom Egypt's continued efforts to improve cash flow.

Africa’s largest bank moves payments infrastructure to Volante’s cloud Payments as a Service platform, transforming client experience and accelerating ISO 20022 adoption.

According to the company, the new service offering also addresses Africa's growing need for cloud computing and cloud-based services.

HOSTAFRICA says Nigeria is important to its growth strategy, as the country has huge potential with a projected 19.52% increase in web hosting industry revenue for 2024.

The information was revealed after Vice President Kashim Shettima met with Swedish investors in Stockholm.

Over the next ten years, the project aims to provide 100 million Africans and businesses with digital access to essential services.

According to the company, the Mukuru Wallet is designed to fulfill the growing demand for a simple, secure, and efficient way to manage funds and transfer money.

The bank’s location in the data centre will allow it to meet national and international compliance and regulation standards.

The country is keen on cementing its digital statistics system as it eyes Vision 2035.

The Bank’s financing consists of 4.02 million euros provided by the African Development Fund and 5.49 million euros provided by the bank’s transition support facility.