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Nigeria has announced the launch of a $672 million fund to support the country's tech and creative sectors, targeting young investors aged 15 to 35 who struggle to raise capital in the nation. Th...
The Central Bank of Nigeria (CBN) has issued a circular outlining new restrictions on the use of Point of Sale (PoS) terminals by agents for cash-in and cash-out transactions. The circular also includ...
Naspers, the media and internet powerhouse in South Africa, which has a market valuation of $71.3 billion, has closed its Foundry investment fund, which had a value of R1.4 billion (about $77 million)...
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SVB, also known as Silicon Valley Bank, recently experienced a significant setback as it faced bankruptcy. However, the newly appointed CEO, Tim Mayopoulos, has urged clients to return to the bank, re...
Max Air is a popular airline in Nigeria that offers a range of domestic and international flights. With its high-quality service and affordable fares, it has become one of the most talked about airlin...
When it comes to connecting buyers and sellers together in Africa, Jiji has always played the perfect role as it offers the best services in quality, delivery, and connections. Are you interested in b...
Nigeria, being the most populous country in Africa, has a large scale of human resources. However, the nation has struggled with high unemployment rates for years, with recent statistics revealing a 3...
The past week has been a challenging one for the US technology and startup community, with both Silvergate Bank and Silicon Valley Bank (SVB) being shut down within a few days of each other. However, ...
Elon Musk, the CEO of Twitter and owner of SpaceX and Tesla, has shown interest in acquiring Silicon Valley Bank (SVB), which recently collapsed on March 10, 2023. The collapse of SVB, a four-year-old...
Roku, the streaming media company, has revealed that almost 26% of its cash reserves, totaling $487 million, are locked up at Silicon Valley Bank (SVB), which has been placed into receivership by the ...