From Lagos to Nairobi

On Thursday, Raenest, a Nigeria-based cross-border remittance company that offers multicurrency accounts for freelancers and businesses, unveiled four new products at its annual community event, Raenest Exchange. The new suite, which includes stock investing, stablecoin conversion, and faster payouts, marks the company’s entry into the US market. “With this new launch, we have completed the ‘money loop,’…

stc Bahrain, a leading digital enabler, has entered into a strategic alliance with GPS, a prominent technology solutions provider, to accelerate Bahrain’s transition toward a more robust and sustainable digital economy. This partnership underscores both organizations’ commitment to advancing innovation, digital transformation, and economic diversification in alignment with Bahrain’s Vision 2030. Through this collaboration, stc…

Zoho Corporation, a global technology company known for its suite of cloud-based business applications, has reported a slowdown in its year-on-year growth in Nigeria, recording a 74% increase compared to previous years’ triple-digit figures. While the growth remains strong by industry standards, it represents a moderation for the software-as-a-service (SaaS) giant, which has been expanding…

Nigeria’s tech ecosystem continues to assert its dominance in Africa, with fintech companies once again emerging as the biggest winners in start-up funding. According to recent data, Nigerian start-ups collectively attracted around $ 1.1 billion in investments, with financial technology firms accounting for the largest share of the total. This performance highlights both investor confidence…

In a strategic move set to accelerate the growth of Egypt’s digital economy, FABMISR, one of the country’s leading banks, has announced a groundbreaking partnership with noon payments, a regional fintech powerhouse specializing in online payment solutions. This collaboration aims to enhance the efficiency, security, and accessibility of e-commerce transactions across Egypt, empowering both merchants…

Artificial Intelligence (AI) presents Africa with an unprecedented opportunity to reshape its future, overcome historical challenges, and accelerate sustainable development. For centuries, Africa has grappled with economic dependency, underdeveloped infrastructure, and limited access to quality education and healthcare. However, the rise of AI offers the continent a transformative tool to leapfrog traditional barriers and chart…