U.S. fast food brand Burger King opens first outlet in Nigeria

The fast food chain is expected to open 100 new outlets and provide multiple job opportunities to the Nigerian population

As many American brands and franchises are expanding into Nigeria in line with the U.S. Miss

OnePipe doubles down on embedded finance with $3.5M seed funding

Nigeria-based fintech API firm, OnePipe, has reportedly raised a seed round of more than $3.5 million to strengthen its commitment towards its embedded finance offering.

The round was co-led by V&R Associates, Tribe Capital, an

ICRC introduces a digital safe for families affected by migration

The International Committee of the Red Cross (ICRC) has reportedly launched a digital humanitarian app for the people afflicted by armed conflicts, migration and other violence inflicted situations. The platform apparently stores copies of important documents like the

Engie acquires 40% stake in 100-MW CSP plant in South Africa

French utility Engie SA has announced acquisition of 40% stake in the 100-MW Xina Solar One concentrated solar power (CSP) plant in SA from the Spanish engineering group Abengoa.

Apparently, Abengoa has also made a sale of 46% inte

Heineken publicizes acquisition of Distell and Namibia Breweries

Heineken has recently entered into an agreement to acquire Distell and Namibia Breweries (NBL) after merging with its South African equivalent Heineken South Africa (HSA). The consolidation has been initiated with a motive to create a majority owned business worth &eu

Retail chain Mulleys announces closure of half of its outlets

This step is expected to produce hundreds of staff unemployment and structured operation of remaining stores

Mulleys Supermarket retail chain has recently announced closure of half of its outlets in a plan to brin

Roots secures $3Mn to digitalize insurance platform and expand to Europe

An Africa-based startup, Roots has announced raising $3 million in the seed financing tranche to fabricate the groundwork for the insurance economy globally. Working in its niche, Roots uses APIs in assisting developers and businesses to fasten the launch of insurance

Veriforce buys ComplyWorks Africa, sets up operational hub for EMEA

Veriforce, a leading solution provider in the supply-chain risk and compliance management industry, has reportedly announced that it has acquired ComplyWorks Africa (Pty) Ltd., a South Africa-based provider of supply-chain compliance management solutions for the energ

Omnibiz Africa introduces Buy Now Pay Later model in Nigeria

Omnibiz Africa has reportedly announced the launch of two new features for the Nigerian market in a recent event held in Lagos. The Business-to-Business (B2B) e-commerce firm has proposed to take on a relatively new approach of Buy Now Pay Later (BNPL) model in Nigeri