Kola Aina

2 months ago | ffnews.com | Lauren Towner |Gbenga Ajayi |Lexi Novitske |Kola Aina

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 $14.3M.

Oct 29, 2024 | shorturl.at | Will McBain |Harry Clynch |Kola Aina |Lennox Yieke

For years Nigeria was touted as one of the most lucrative telecommunications markets in Africa. Those who took the risk to invest in Africa’s most populous country, such as South Africa’s MTN Group, counted gains. Those who missed out rued their losses. Signs are now emerging that the best days for mobile phone companies and other wireless service providers in Nigeria may be over.

Oct 18, 2024 | linkedin.com | Kola Aina

Tito Mboweni, one of the last of the idealistic Young Turks recruited by Nelson Mandela to build a brighter future for post-apartheid South Africa and who rose to become the first black head of the Reserve Bank, has died after a short illness in Johannesburg. He was 65. Mboweni grew up in poverty in rural South Africa, rose to be a firebrand of the anti-apartheid movement and ended up talking high finance with investors.

Oct 18, 2024 | shorturl.at | Kola Aina

Tito Mboweni, one of the last of the idealistic Young Turks recruited by Nelson Mandela to build a brighter future for post-apartheid South Africa and who rose to become the first black head of the Reserve Bank, has died after a short illness in Johannesburg. He was 65. Mboweni grew up in poverty in rural South Africa, rose to be a firebrand of the anti-apartheid movement and ended up talking high finance with investors. He was a minister by the age of 35 and governor of the Reserve Bank at 40.