Jumia’s share price falls 28% after tepid 2024 performance
Jumia’s share price declined from $3.88 to $2.82, slashing its market capitalisation to $285.2 million—down from $1.3 billion in Q3
All posts by Muktar Oladunmade
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Muktar Oladunmade
20:20
Lemfi completes acquisition of Irish currency exchange Bureau Buttercrane; begins European march
Lemfi has acquired the Irish currency exchange platform Bureau Buttercrane, marking a key step in its European expansion...
Muktar Oladunmade
16:21
Lemfi raises $53 million Series B round, acquires European firm
Lemfi has raised a $53 million Series B round and acquired an Irish company as it deepens its presence in
Muktar Oladunmade
23:21
Palmpay integrates with Jumia to allow customers pay online from their accounts
Palmpay, a Chinese-backed fintech app, has entered into a strategic partnership with Jumia to allow Palmpay customers pay for products
Muktar Oladunmade
23:22
“They just show up and look at our books,”fintech executives reveal stricter CBN compliance checks
After an April ban on onboarding new customers, the central bank increased the frequency of impromptu inspections on the offices
Muktar Oladunmade
15:26
PalmPay taps ex-Opay executive to lead marketing in Nigeria
Palmpay, the pan-African fintech present in three countries, has named Femi Hanson as the new marketing and public relations head
Muktar Oladunmade
03:22
Yellow Card secures crypto licence in South Africa
Yellow Card, a pan-African stablecoin infrastructure company, has secured a Crypto Asset Service Provider (CASP) licence in South Africa...
Muktar Oladunmade
13:27
Uber-backed Moove expands to Mexico, extending global footprint
The company, which operates in seven markets, including Nigeria, South Africa, Ghana, the UK, India, UAE, and the US, said
Muktar Oladunmade
17:25
African startups and investors need better communication to stop funding drought
“Investors have to put together a list of requirements for startups straight away, but they should ideally have some standardisation
Muktar Oladunmade
06:33
Exclusive: Zenith Bank to finalise switch of core banking platform in October
The bank, which previously used Phoenix, a software developed by London-based Finastra, is migrating to Oracle’s Flexcube. At least eight
