Mobius Motors, a Kenya-based automaker backed by Playfair Capital, has entered a voluntary liquidation after efforts to rescue the company…
Nigerian neobanks and banking agents need each other. The agents are the neobanks’ branches; they open accounts, accept deposits, process…
Margins are slim in the food delivery business. Whether it’s a cloud kitchen like Food Court, a restaurant aggregator platform…
For the rollout of Ayra Starr’s album ‘The Year I Turned 21,’ her record label Mavin made an unusual marketing…
Investor interest in African education technology (edtech) has cooled since the end of the COVID-19 pandemic lockdowns highlighted how technology…
Caantin, the Kenyan startup that was formerly called Kibanda and then TopUpMama, has led many lives. Backed by Ventures Platform…
Chpter, a Kenyan AI-powered social commerce startup, has joined Safaricom’s Spark Accelerator, alongside eight others. Chpter is the first key…
Flutterwave, one of Africa’s leading payment companies, has secured a Mozambique payment aggregator licence in principle. This high-profile licence enables…
Kenyan identity management startup, Peleza has merged with YC-backed Prembly to form the Prembly Group. Both companies declined to provide…
Following important changes to Know Your Customer processes by the Central Bank, fintech startups must now physically verify the addresses…
In business, comparisons and generalizations are common and useful, but sometimes they ignore complexities. So with those generalizations aside, here’s…
Months after the board of the agricultural data platform Gro Intelligence replaced CEO and founder Sara Menker, the New York…
Spiro, an India-based electric vehicle company, has signed a $50 million debt financing deal with Afreximbank to expand its offering…
Chipper Cash, a pan-African fintech startup, has resumed operations in the US after a two-month pause, and after a restructuring…
Seamfix, a 17-year-old identity solutions company, has raised $4.5 million in funding from Alitheia IDF, its first institutional investor as it…
For the second year running, Francophone fintech Wave is the only African company listed on Y-Combinator’s top 50 earning startups…
BuuPass, a Kenyan travel booking platform backed by Founders Factory Africa and FrontEnd Ventures, has acquired its Nigeria and South…
Kuda Bank, Moniepoint, OPay and Palmpay have paused account opening for new customers following a directive from the Central Bank…
When The Peer, a Nigeria-based API startup, shut down in April, the business still had up to twenty months of…
Okra, an open finance startup, is one of the few Nigerian API services that provides real-time access to financial data.…