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Zedcrest acquires RMB Nigeria Stockbrokers Ltd in deal considered value ₦400 million

Zedcrest acquires RMB Nigeria Stockbrokers Ltd in deal considered value ₦400 million

Zedcrest, a Nigerian debt and equity capital markets investment firm, has acquired the Nigerian arm of RMB Stockbrokers for a figure between ₦400 million and ₦420 million, according to a person familiar with the proceedings.  The…

Peleza merges with YC-backed Prembly to kind Prembly Group

Peleza merges with YC-backed Prembly to kind Prembly Group

Kenyan identity management startup, Peleza has merged with YC-backed Prembly to form the Prembly Group. Both companies declined to provide the specific financial details of the transaction. While Prembly provides identity verification, security, and compliance,…

Protests in Kenya enter second week regardless of withdrawal of Finance invoice

Protests in Kenya enter second week regardless of withdrawal of Finance invoice

Multiple gunshots, teargas, and a heavy police presence have been reported across the country as thousands of Kenyans protest the rising living costs despite the recently withdrawn 2024 Finance Bill. This marks the second week…

Kenya’s NCBA Group acquires insurer AIG Kenya for an undisclosed quantity

Kenya’s NCBA Group acquires insurer AIG Kenya for an undisclosed quantity

Kenya’s NCBA Group, the fourth-biggest bank by market capitalisation, has acquired insurer AIG Kenya from American International Group Inc for an undisclosed amount. For the past 18 years, NCBA Group, Kenya’s fourth-biggest bank by market…

Mara, a crypto startup backed by Coinbase, misplaced $16 million in 2022 because the management workforce fell aside

Mara, a crypto startup backed by Coinbase, misplaced $16 million in 2022 because the management workforce fell aside

At the peak of 2021 crypto optimism, experts argued that Africans had to participate in the crypto economy, create products, and educate a continent of young people on a future that Web3 was sure to…

JAMB to now difficulty customised SIM playing cards to UTME candidates 

JAMB to now difficulty customised SIM playing cards to UTME candidates 

The Joint Admissions and Matriculation Board (JAMB) has just released its bulletin and a major news in it is the announcement of the introduction of JAMB customised SIM cards. This initiative, developed with the Nigerian…

The significance of enabling Nigerian family-owned companies to develop

The significance of enabling Nigerian family-owned companies to develop

This article was contributed to TechCabal by Tosin Eniolorunda. An indisputable fact – which probably deserves more frequent reiteration – is that family-owned businesses are the heartbeat of the Nigerian economy. From the local shop…

Centre Stage: Ruby Igwe needs to coach the subsequent technology of Africa’s tech changemakers

Centre Stage: Ruby Igwe needs to coach the subsequent technology of Africa’s tech changemakers

Ruby Igwe realised corporate legal work wasn’t as hands-on as she wanted, so she transitioned into film production. For many people, that made a lot of sense, as she grew up on movie sets assisting…

Two methods to examine 2024 supplementary JAMB outcomes 

Two methods to examine 2024 supplementary JAMB outcomes 

The Joint Admissions and Matriculation Board (JAMB) has officially unveiled the results for candidates who participated in the supplementary Unified Tertiary Matriculation Examination (UTME) held from June 21st to June 22nd, 2024. This supplementary exam…

Kano is turning into one among Nigeria’s largest startup cities

Kano is turning into one among Nigeria’s largest startup cities

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Safaricom below strain for conflicting explanations over two-hour web outage in Kenya

Safaricom below strain for conflicting explanations over two-hour web outage in Kenya

Kenyan telecoms giant Safaricom has come under pressure after it released conflicting statements on a nationwide internet outage on Tuesday. The disruption lasted over two hours and coincided with countrywide protests over the now-withdrawn 2024…

Utilizing PayPal cellular cash service with MPESA in 2024

Utilizing PayPal cellular cash service with MPESA in 2024

The PayPal Mobile Money Service with MPESA in 2024 enables users to transfer funds between their PayPal and M-PESA accounts. This service is provided by TransferTo in collaboration with Safaricom and PayPal. To use this…