PalmPay, Jumia partner on payments in Nigeria

The company says that the license would allow it to provide innovative digital products that address its clients' specific needs.

The bank stated that this catalytic investment will unlock $70 million in finance for African climate-focused ventures.

The event brought around 200 driver partners and key government officials.

A new report reveals that real-time payments are poised to add over $15 billion in GDP growth to Nigeria and South Africa by 2028.

The company says it has added a suite of valuable financial services that services over 60 countries in Africa, Europe and Asia.

The program aims to bring together civil society, industry, academia, and the government to seek solutions for the country.

The company says the New PoP to provide low latency connectivity to major cables, hyperscalers, ISPs, businesses and enterprises across West Africa.

Kenya and Germany are strengthening renewable energy collaboration, which they say is motivated by a shared commitment to sustainable development.

A substantial section of the local population is young and looking for digital, flexible insurance options, says a senior industry exec.

Temu enters Nigeria, promising factory-direct pricing and consumer-friendly policies like 90-day money-back guarantees.

The ambitious strategy, which covers 2024-2029, aims to attract US$200 million in investment for local fintech start-ups.