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Tamara Secures Record $2.4B Asset-Backed Deal, Cementing Its Lead in MENA Fintech.
Saudi Arabia’s leading “buy now, pay later” (BNPL) fintech unicorn, Tamara, has secured a groundbreaking $2.4 billion asset-backed facility, marking the largest such deal in the Middle East and North Africa (MENA) region to date. The facility was arranged in partnership with global investment bank Goldmans Sanch and regional institutions, reflecting strong investor confidence in…
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Nigerians Face Rising Challenges with Online Shopping and Mobile Loans
E-commerce and digital lending, once celebrated as major drivers of Nigeria’s digital economy, are increasingly being flagged as pain points for consumers and regulators. As more Nigerians adopt online shopping and mobile-based credit services, complaints about fraud, hidden charges, poor customer experience, and weak regulatory oversight have risen sharply. In the e-commerce space, trust remains…
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Nigeria at the Forefront of Africa’s Digital Finance Revolution.
Nigeria has emerged as the leading hub for digital asset adoption in Africa, reflecting its dynamic financial landscape and the growing appetite of its youthful, tech-savvy population for alternative means of wealth creation and financial inclusion. Despite regulatory uncertainties and intermittent crackdowns, Nigeria consistently ranks among the world’s top countries in cryptocurrency usage, peer-to-peer (P2P)…
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Nigerian Innovators Shape UK Dialogue on Artificial Intelligence
Nigerian technology experts are increasingly shaping the global conversation on artificial intelligence (AI), with a strong presence in the United Kingdom’s tech ecosystem. Their growing influence highlights both Nigeria’s expanding tech talent pool and the international recognition of African contributions to AI development and policy. In recent years, Nigerian professionals have taken on leadership roles…
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Equatys: Space42 and Viasat’s Global D2D and 5G Satellite Collaboration
Space42, a fast-growing satellite operator, has partnered with U.S.-based Viasat to launch Equatys, a new joint venture aimed at transforming global satellite communications. The initiative focuses on advancing direct-to-device (D2D) connectivity and 5G integration, targeting underserved regions where traditional terrestrial networks face limitations. Equatys will leverage Viasat’s expertise in high-capacity satellite systems and Space42’s agile…
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Blockchain Solutions Driving Efficiency and Inclusion in South Africa’s $10bn FMCG Market
South Africa’s fast-moving consumer goods (FMCG) sector, valued at over $10 billion, is facing critical challenges, including inefficiencies in distribution, high costs, and limited financial inclusion for small retailers. Two blockchain-driven initiatives, LovCash and Lisk, are stepping in to transform the ecosystem by digitising payments and supply chains. LovCash, a South African fintech, is building…