Browsing: Business

TurnStay, a South African travel-focused fintech has secured $2 million in seed funding to expand its innovative payment infrastructure across…

A South African energy startup, Utility Trading and Consulting Services (UtCS), is breaking new ground in the country’s electricity sector…

Entrepreneurship is more than starting a business; it is about using creativity to meet needs, solve problems, and leave a…

Microsoft has joined Nvidia as the second company to surpass a $4 trillion market valuation, cementing its place at the…

Nigerian electric mobility startup MAX has unveiled West Africa’s first solar-powered battery swap station, a milestone the company says will…

A Ghanaian fintech startup, Affinity, is redefining access to financial services for the country’s largely unbanked population, particularly informal sector…

Kenyan solar energy giant, Sun King has raised a landmark $156 million through a local-currency securitization to bring affordable clean…

South African venture capital (VC) firm, HAVAÍC has announced the second close of its $50 million African Innovation Fund 3,…

Nigerian corporate travel startup Treepz has officially launched operations in Canada, securing the University of Toronto’s African Impact Initiative as…

Saudi-based foodtech startup Calo has raised an additional $39 million in a Series B funding extension, pushing its total to…

In Johannesburg, South Africa, an African fintech startup, Squirrel Away, has launched the country’s first investment gifting app, allowing users…

Kenya’s fast-growing conversational commerce startup, Sukhiba has rebranded as Flowcart to reflect its evolution from a WhatsApp-based chat support tool…

Indian deeptech startup Kluisz.ai has secured $9.6 million in seed funding to develop a generative AI-driven private cloud platform aimed…

In the bustling corridors of Nigeria’s emerging tech scene, amidst pitch decks and late-night code sprints, one factor quietly shapes…

In a strategic move to consolidate its position in the generative AI ecosystem, Meta, formerly Facebook, has acquired Egyptian voice…

In a landmark year for entrepreneurship on the continent, Africa’s Business Heroes (ABH), a philanthropic program backed by Alibaba’s Jack…

Global IT solutions provider Virtuosoft is setting the stage for a transformative entry into Africa’s tech landscape with a bold…

Temidayo Ojo, the newly appointed Jumia Nigeria CEO, has ruled out any plans for job cuts. Instead, he has set…

To accelerate digital financial inclusion across Egypt, fintech startup Flend has raised $3 million in seed funding through a blended…

African venture builder 54 Collective, formerly known as Founders Factory Africa, has ceased its venture studio operations after a legal…

Nigeria’s API-first SaaS startup Thrivyx has joined the LaunchUp programme by global venture builder FasterCapital, aiming to scale its secure,…

In a major strategic shift, Nigerian e-health startup NucleusIS has rebranded and relaunched as RIGO Incorporated, unveiling a broader mission…

Nigeria-Egypt trade relations are entering a renewed phase of strategic cooperation as both nations push to achieve the Developing-8 (D-8)…

Saudi-based startup Wittify.ai has raised $1.5 million in pre-seed funding to develop a culturally intelligent, Arabic-first conversational AI platform aimed…

Egypt’s Micro, Small and Medium Enterprises Development Agency (MSMEDA) has disbursed over EGP 2.2 billion (USD 45 million) in funding…

African-founded artificial intelligence startup Rwazi has secured $12 million in Series A funding to further develop its AI-powered decision-support system,…

Efforts to streamline the Nigeria-UK trade ties are gaining renewed urgency, as London authorities commit to addressing regulatory hurdles impeding…

Across Africa, the infrastructure powering how money moves is being redefined by a new class of agile innovators. These African…

In a major step to support African startups, Village Capital, a US-based investor focused on social impact, has teamed up…

Nigerian startup Afri Invoice has emerged with an innovative platform designed to solve long-standing issues in invoicing, compliance, and payment…

From Nairobi, Kenya, a logistics technology startup, Leta has launched operations in Ghana, marking its seventh active market in sub-Saharan…

Contrary to recent statements by the National Identity Management Commission (NIMC), telecommunications operators have said that SIM services such as…

Nigerian fintech startup Prospa is revolutionising access to financial services for micro, small, and medium enterprises (MSMEs) by offering a…

The CBN is set to begin accepting applications for its newly launched Knowledge Acceleration Programme (KAP) Thematic Workshops on Tuesday,…

In Egypt, Nigerian-born international payments platform LemFi has officially expanded operations to Cairo, marking a significant step in its ambition…

As technology reshapes industries across the globe, AI fintechs in Africa are undergoing its own transformation, driven by tools that…

Across the continent, the idea of a bank is changing. Fintechs in Africa are doing what traditional banking never could:…

As mobile banking adoption continues to grow across Nigeria, a new AI WhatsApp banking chatbot is making money transactions as…

WHY COMMS SPECIALISTS ARE HEROES AND DESERVE TO BE CELEBRATED —By RIDWAN ADELAJA Working in Comms is crazy. Here is…

From Cape Town, South Africa, a region where flashy consumer apps and crypto wallets often dominate headlines, South Africa’s Stitch…

The Nigerian Communications Commission (NCC) has rolled out a new regulatory framework requiring companies that send bulk international SMS, also…

Nigeria’s Lagos-based investment platform, Bamboo, officially launched in South Africa, marking a strategic move aimed at widening access to global…

Singapore-based fintech startup Teleskop has announced it will cease operations by 31 July 2025, marking a swift end to its…

Africa’s tech ecosystem has experienced exponential growth in the past decade, driven by a young population, increased internet penetration, and…

In a move to reshape in-store consumer payments in South Africa, fintech innovators, Float and Adumo have announced a strategic…

Across Africa, a new wave of financial technology is revolutionising how people interact with money. No longer reliant on traditional…

Nigerian fintech startup, Monirates has officially launched direct money transfers between the Nigerian Naira (NGN) and the Ugandan Shilling (UGX).…

The sudden shutdown of Nigerian fintech startup Okra has reignited expert conversations about the sustainability of venture-backed tech ventures in…

Ogochukwu Okolocha, a Nigerian business coach, has urged Africans to take risks in pursuit of innovation and growth, citing the…

Flutterwave has announced the launch of its financial operations across 34 states in the United States, offering simpler, faster, and…

South Africans are rapidly transforming their payment habits, with a notable shift towards digital alternatives such as direct-from-bank transfers and…

When fintech startup Okra announced its shutdown earlier this year, it was tempting to file it under yet another failed…

The Milken Institute, in partnership with South African billionaire Dr. Patrice Motsepe, has launched a $2 million prize aimed at…

The Federal Government of Nigeria has inaugurated the Board of Directors of the National Credit Guarantee Company Limited (NCGC Ltd).…

Nigerian fintech startup Okra, a former darling of Africa’s open banking scene, has ceased operations, sending ripples through the continent’s…

Telecom operators, 9mobile and MTN, have announced that their National Roaming deal, approved by the Nigerian Communications Commission (NCC), will…

As amall and medium-sized enterprises (SMEs) make up the backbone of Africa’s economy, retail-tech platforms have become increasingly important in…

As Africa’s informal economy transitions into the digital age, a new class of tech platforms is stepping up to modernise…

Lumi Business, a Lagos-based provider of payment, inventory, and accounting management software has launched Offline Mode, an upgrade to its…

Young Nigerian tech founder Fara Ashiru Jituboh, who co-founded and previously served as CEO/CTO of the fintech company Okra, has…

Creating a high-performing AI solution is a significant challenge, especially as the field rapidly evolves. Matching giants like OpenAI and…

The Corporate Affairs Commission (CAC) has launched a pilot artificial intelligence (AI)-powered company registration portal designed to simplify the registration…

As Nigeria’s SME sector continues to struggle with manual operations and fragmented tools, Paga Group, a leading African financial technology…

BAS Group, a Nigerian investment startup, has acquired a majority stake in Zuvy Technologies, a Lagos-based startup specialising in invoice-based…

Lagos-based food delivery startup, Chowdeck, has acquired Mira, a restaurant management and POS startup for an undisclosed amount. Although the…

The London Internet Exchange (LINX), a leading Internet Exchange Point (IXP) operator based in the UK, has announced a strategic…

A Nigerian founded payment infrastructure provider, Flutterwave, has launched its digital payment services in Cameroon. The development comes on the…

The Nigeria Inter-Bank Settlement System (NIBSS) has launched a new payment infrastructure called the National Payment Stack (NPS). The unveiling,…

Lebara Nigeria has officially announced the launch of its 0724 number series. The move, according to the company, is accompanied…

Nigerian agritech startup, Winich Farms, has secured a significant boost to its growth plans, closing a mid-6-figure extension to its…

Freelancing in Africa is undergoing a revolution. Platforms like Upwork, Behance, and Fiverr have opened doors to a global client…

The world is constantly changing, and in an era of rapid digital transformation, the demand for seamless cross-border payments has…

The Lagos State Assembly has summoned ride-hailing giants Uber, Bolt, and inDrive to address pressing issues affecting the sector. According…

Whether it’s a migrant worker supporting family back home, a freelancer getting paid from overseas, or a business expanding into…

A venture capital player in the Africa tech industry, LoftyInc Capital, has announced backing Salus Cloud, a cutting-edge AI-native DevSecOps…

As Nigeria’s commercial centre, Lagos has evolved as a home for start-ups, tech entrepreneurs, digital freelancers, and remote workers. This…

A youth-led California-based artificial intelligence company, Scale AI, has confirmed closing a new investment deal from Mark Zuckerberg-led company, Meta…

The Ghanaian government has announced a policy shift for the telecom sector, marking a departure from its previous stance. The…

A leading African Pay-TV operator, Multichoice Group, has reported a significant decline in revenue from its Nigerian operations. According to…

This is one of our stories in the People Spotlight Series (PSS) of distinguished personalities across the globe that are…

A Poland-based sports technology startup, ReSpo.Vision, has secured €4.2 million, approximately US$4.5 million, in its latest fundraising round. The fund…

Co-working spaces in Nigeria are more than just shared offices, they are redefining how professionals work and connect. From Lagos…

Mexico’s antitrust watchdog, COFECE, is ruling on whether Google has built an illegal monopoly in digital advertising in the country.…

Two innovative founders, Ife Johnson and Justin Ziegler, are steering efforts at Juicyway, a fast-growing fintech startup re-shaping cross-border payments…

African cross-border payments platform, Chipper Cash, is the latest in a string of tech companies to announce layoffs, citing financial…

As online dating gains popularity in Nigeria, Tramatch International Ltd, has reinstated its commitment to user safety and trust by…

In the ever-evolving landscape of technology, certain trailblazers emerge, reshaping industries and inspiring generations to come.  Juliet Ehimuan, a remarkable…

Senegalese cloud communications company, LAfricaMobile, has raised $2.2 million in additional Series A funding as it accelerates growth across French-speaking…

Nigerian fintech, Billboxx has secured $1.6 million in pre-seed funding to address the cash flow issues faced by small and…

“Start Here, Go Anywhere” Affordable Higher Education Initiative, World’s 1st “Study Now, Pay Later” Innovative Payment Model University degree programs…

The Federal Government, through the Infrastructure Concession Regulatory Commission (ICRC), has commenced concrete steps to accelerate the construction of the…

In Africa, Kenfield Griffith and Louis Majanja, co-founders of Ajua, a data mining solution, are two entrepreneurs whose contributions to…

Recently, a Nigerian HR-Tech startup, Pade HCM —led by CEO Seye Bandele, secured a $500k pre-seed from a pool of…

The deployment of Artificial Intelligence (AI) and Machine Learning (ML) has continued to see an upward trajectory in the industry. …

Remember a couple of years back, Shahzada Dawood, a prominent figure in Pakistan’s business world and one of the country’s…

US President-elect Donald Trump has appointed Indian-American entrepreneur Sriram Krishnan as Senior White House Policy Advisor on Artificial Intelligence. Krishnan,…

The business and marketing landscape in the mobility industry, like other sectors, can be a fascinating adventure with unexpected twists,…

Are you looking to enhance your power supply while reducing your reliance on traditional petrol? Converting your petrol generator to…

Renowned social commentator Reno Omokri has ignited a debate on the relevance of traditional university degrees in today’s rapidly evolving…

Godwin Ehigiamusoe has a Ph.D. in Policy and Development Studies; he wrote his dissertation on microfinance policy instruments and financial inclusion.…