Naira scarcity forces Indian keke maker Bajaj to cut production
Indian motorcycle and three-wheeler maker Bajaj Auto is cutting down on its projected export due to Nigeria’s naira note redesign and demonetization policy that...
Silicon Valley Bank, lender to world’s biggest startups, collapses
U.S. regulators have shut down Silicon Valley Bank, the California-based lender to some of the biggest names in the tech world, making it the...
Nigerian startup Alerzo lays off hundreds blaming economy
Alerzo, a Nigerian e-commerce company that connects retailers and their suppliers, has laid off hundreds of employees as the country’s economic conditions squeezes businesses.
The...
Applications open for Jack Ma’s $1.5m award for African businesses
A business financing competition backed by Chinese billionaire Jack Ma and offering up to $1.5 million to promising businesses in Africa, has launched its...
Google announces $4m fund for startups in Africa, Europe
Tech giant, Google, is calling for applications for the third tranche of its Black Founders Fund grant aimed at kick-starting Black-led start-ups in Africa and Europe.
Folarin Aiyegbusi,...