Africa's Markets, Startups & Money Moves — Updated Daily

JPMorgan Merchant Bank Nigeria Limited

The Central Bank of Nigeria (CBN) has granted Approval-in-Principle (AIP) to JPMorgan to establish JPMorgan Merchant Bank Nigeria Limited, marking a new step in the US financial institution’s plans to expand its presence in the country.

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Collide Capital Announces the Close of a $95 Million Fund II

Collide Capital, founded by Brian Hollins and Aaron Samuels, announced Thursday the close of a $95 million Fund II. The firm, founded in 2021, backs early-stage companies in fintech, supply chain, and the future of work.

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