PalmPay spreads love on Valentine’s day with memorable moments for customers
Post AMUGE
February 18, 2025
Business a.m. PalmPay, a leading fintech platform in Africa, joined in the celebration to reward its customers with a 7-day campaign, giving back to its users in the most thoughtful ways. Through shopping giveaways and luxury experiences, PalmPay stood out by showing that it truly values and appreciates the people who trust its platform every […]
Dangote Commits $700m to boost local sugar production
Post AMUGEFebruary 17, 2025
Onome Amuge Aliko Dangote, president of Dangote Group, has once again affirmed the conglomerate’s determination to eliminate raw sugar imports in Nigeria through an investment of over $700 million in the country’s sugar production industry. Dangote reiterated the company’s commitment to the local sugar industry during the ‘Dangote Special Day’ at the just concluded 14th […]
Tony Elumelu Foundation, UAE partner to empower 1,000 African entrepreneurs
Post AMUGEFebruary 13, 2025
Joy Agwunobi The Tony Elumelu Foundation (TEF), a leading philanthropy committed to empowering young African entrepreneurs across all 54 African countries, has entered into a $6 million strategic partnership with the UAE Office of Development Affairs and the Khalifa Bin Zayed Al Nahyan Foundation, an affiliate of Erth Zayed. According to the foundation, the collaboration […]
Sahara Energy Geneva applauds traders for supporting Mercy Ships, advancing SDGs
Post AMUGEFebruary 11, 2025
Joy Agwunobi Sahara Energy International Geneva, a member of the global energy and infrastructure conglomerate, Sahara Group, has commended traders and shippers for their unwavering support of Mercy Ships, a humanitarian organization that provides free surgical care and medical training in Africa. Providing an update on Sahara Energy’s partnership with Mercy Ships, Kola Motajo, Director, […]
Raenest secures $11m Series A investment in QED-Led funding round
Post AMUGEFebruary 11, 2025
Bamidele Famoofo Raenest, the global multi-currency accounts platform for individuals and businesses across Africa, today announced the completion of its $11M Series A funding. The round was led by QED Investors, with participation from Norrsken22, alongside follow-on investment from Ventures Platform, P1 Ventures, and Seedstars. This equity-based capital injection brings Raenest’s total venture funding to $14.3 million. With this new […]
Access Holdings launches AccessGive to honour Herbert Wigwe’s legacy
Post AMUGEFebruary 10, 2025
Business a.m. L-R: Mia Mottley, prime minister of Barbados; Aigboje Aig-Imoukhuede, chairman, Access Holdings Plc; His wife, Ofovwe; Tochi Wigwe; Hannah Wigwe, daughters of late Herbert Wigwe; David Wigwe, son, during the first year memorial of late Herbert Wigwe, his wife Doreen, and son Chizi, held in Lagos…Sunday Access Holdings PLC has unveiled the AccessGive […]
Airtel commits to service improvements amid tariff adjustment
Post AMUGEFebruary 10, 2025
Joy Agwunobi Following the recent 50 per cent hike in telecom tariffs across Nigeria, operators face mounting pressure to justify the adjustment by improving service quality and expanding network coverage. As consumers prepare to start paying more for connectivity, they are expecting significant improvements in call quality, data speed, and overall service reliability. The Nigerian […]
Zoho expands AI capabilities with new automation solutions
Post AMUGEFebruary 6, 2025
Joy Agwunobi Zoho Corporation, a global technology company, has expanded the capabilities of its artificial intelligence (AI) system, Zia, with the introduction of Zia Agents, Zia Agent Studio, and Agent Marketplace. These new solutions aim to empower businesses by enabling the creation, deployment, and management of intelligent digital agents across various functions within their organisations. […]
inDrive launches “Light Cashless” bank transfer feature for safer, convenient rides in Nigeria
Post AMUGEFebruary 6, 2025
Business a.m. inDrive, a leading global ride-hailing platform operating in nine African countries, has introduced “Light Cashless,” an innovative new payment feature in Nigeria designed to enhance safety and convenience for both riders and drivers. This solution allows drivers to display their preferred bank details within the app, enabling passengers to copy and paste the […]
XTransfer,Ecobank Group sign agreement to boost foreign trade, African SMEs
Post AMUGEFebruary 6, 2025
Bamidele Famoofo XTransfer, the world-leading and China’s No.1 B2B Cross-Border Trade Payment Platform, and Ecobank Group, the leading private pan-African financial services group, have signed a landmark Memorandum of Understanding of Cooperation (MOU) to roll out comprehensive cross-border financial services to Africa’s small and medium-sized enterprises (SMEs) engaged in foreign trade. The collaboration will facilitate trade […]