Small Business

Moniepoint gets approval to acquire 78% stake in Kenya’s Sumac after KopoKopo setback

The Competition Authority of Kenya (CAK) has cleared Nigerian fintech Moniepoint to acquire a 78% stake in Sumac Microfinance Bank,…

7 months ago

“We made zero revenue in our first three years”: Day 1-1,000 of Izesan!

Few founders dare to take on the challenge of preserving Africa’s linguistic heritage. Anthony Otaigbe is one of them. When…

7 months ago

Fincra gets South African payments licence to deepen African reach

Fincra, a payment infrastructure provider that serves remittance companies and businesses, has obtained a Third Party Payments Provider (TPPP) licence…

7 months ago

Startups on Our Radar: 10 African startups rethinking ride-hailing, credits, and banking no one’s talking about yet

Startups on Our Radar is a bi-weekly column that spotlights new startups across Africa taking unconventional approaches, filling fundamental gaps,…

7 months ago

Hydrogen surpasses HabariPay in Q1 profit growth among bank-owned fintechs

Access Holdings’ fintech subsidiary, Hydrogen, has recorded the highest profit growth among Nigerian bank-owned payment companies in the first quarter…

7 months ago

Digital payments to power Africa’s $1 trillion cross-border market by 2035, Oui Capital says

Africa’s cross-border payments market is projected to surge to $1 trillion by 2035, up from $329 billion in 2025, according…

7 months ago

How data obsession became MyFoodAngels’ secret sauce in the first 1,000 days

In Day 1–1000, we follow founders through the raw, unfiltered journey of company-building: the early scrambles, the quiet breakthroughs, the…

7 months ago

Kenyan BNPL startup Watu profits drop 85% to $1.2 million as loan defaults rise

Watu Holdings, a Kenyan buy-now-pay-later startup, reported a sharp 85% drop in profit to $1.2 million (KES157 million) in 2024,…

7 months ago

Day 1–1000: How Sycamore founders built the fintech from a living room

What does it really take to build a startup in Africa—from the first idea to the thousandth day? In Day…

7 months ago

MTN enters payments market with MoMo Pay targeting cash-heavy informal sector

MTN South Africa has entered the competitive payments market with MoMo Pay, a low-cost digital payment platform designed for informal…

7 months ago