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Access Bank’s South Africa expansion faces regulatory hurdles
Access Bank’s planned acquisition in South Africa has reportedly hit a significant hurdle, raising questions about the Nigerian lender’s expansion strategy in the region. The bank, which has been aggressively pursuing regional growth across Africa, had aimed to strengthen its presence in Southern Africa through the acquisition. However, regulatory approvals and market conditions appear to…
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Marasoft CEO shares candid business insights on Emmanuel Maraks podcast
Emmanuel Maraks’ podcast is gaining attention for its focus on candid discussions about entrepreneurship, and a recent episode featuring Marasoft CEO added a fresh perspective on business leadership in Africa. The conversation delved into real-world challenges faced by founders, the importance of transparency, and the strategies needed to build sustainable companies in dynamic markets. During…
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Delta40 launches $20M fund to support and co-build African startups
Delta40, a pan-African venture capital firm, has successfully closed a $20 million fund aimed at backing and co-founding early-stage startups across the continent. The fund represents a significant push to support Africa’s burgeoning entrepreneurial ecosystem, particularly in technology-driven sectors where access to capital remains a major challenge for founders. According to Delta40, the fund will…
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Jumia’s China strategy fuels major jump in international sales
Jumia, Africa’s leading e-commerce platform, has reported a significant 82% increase in its international sales, largely fueled by its growing business in China. The surge highlights the company’s strategic pivot toward cross-border trade and reflects rising consumer demand for imported products across its African markets. China has long been a key sourcing hub for African…
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GetEquity COO: Strong processes drive growth more than physical presence
GetEquity’s Chief Operating Officer (COO) recently shared insights on why strong operational processes often outweigh physical presence in building successful startups and scaling businesses. In today’s fast-paced and increasingly remote business environment, her perspective highlights a shift from traditional notions of leadership and oversight to a focus on efficiency, accountability, and system-driven growth. According to…
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AfriMillions unveils ₦1B weekly lottery with live TV draw
AfriMillions, a Nigerian lottery and gaming platform, has announced the launch of a ₦1 billion weekly progressive lottery, marking one of the largest prize offerings in the country’s gaming industry. The new product, which features a live weekly draw on Wazobia Max TV, is designed to boost transparency, entertainment value, and mass participation in Nigeria’s…
