Suotunimi Orufa

Aug 23, 2024 | venturesafrica.com | Suotunimi Orufa

Ghana’s Central Bank is making a bold move to regulate digital assets, including popular cryptocurrencies like Bitcoin and Tether. A few weeks ago, the apex bank proposed new guidelines, this was after a three-year internal review revealing a growing appetite for crypto in the country. The draft guidelines aim to mitigate risks such as money laundering, terrorism financing, and fraud, while also enhancing consumer protection.

Aug 23, 2024 | venturesafrica.com | Suotunimi Orufa

Uber Kenya recently announced a significant fare hike across all ride categories, a move that has sparked discussions on how it will impact both drivers and consumers in the country. This decision follows growing frustrations among ride-hailing drivers, who have been demanding better pay and more control over pricing. The fare increase is aimed at addressing these concerns, but in a price-sensitive market like Kenya, this move could have far-reaching consequences on consumer behavior.

Aug 18, 2024 | venturesafrica.com | Suotunimi Orufa

In a market where fintech innovation is booming, African fintech, VeryPay is positioning itself as a unique solution, focusing on something simple but crucial: making mobile money easier and more accessible. As more Africans turn to mobile payments, VeryPay is working behind the scenes, helping to speed up transactions and expand digital payment options.

Aug 15, 2024 | venturesafrica.com | Suotunimi Orufa

If you’ve been keeping an eye on the Nigerian telecom industry, you might have heard the concerning news that Telecom operators are thinking about implementing load-shedding to manage their services. Why? Because they’re under a lot of financial pressure and are pushing for higher tariffs to stay afloat. Here’s a breakdown of what’s going on. Telecom companies in Nigeria are finding it harder and harder to keep up with the costs of running their operations.

Aug 13, 2024 | venturesafrica.com | Suotunimi Orufa

Nigeria, often celebrated as the “Giant of Africa,” boasts a rich history at the Olympic Games. Since making its debut in 1952, the nation has accumulated a respectable tally of 25 medals, including 3 golds, 11 silvers, and 11 bronzes. However, in recent years, Nigeria’s performance at the Olympics has seen a concerning decline. At the 2020 Tokyo Olympics, Nigeria secured only two medals—a silver in wrestling and a bronze in long jump.