Mobility technology company reports first annual profit since going public, but auditors raise going concern doubt and Nasdaq listing remains under threat
Optasia, which made history in November 2025 as the largest fintech IPO on the JSE, uses proprietary AI to provide credit scoring and micro-lending to unbanked populations.
In Morocco, three startups are all targeting the same 126,000 independent retailers. Backed by Morocco's largest bank, its royal family holding company, and a South African insurer, the race is now about who locks in the merchant first.
From Nigerian defence contractors to Kenyan logistics software, a new cohort of well-capitalised tech firms is bypassing traditional hubs to set up operational bases in Accra.
The Cape Town venture studio is doubling down on its hybrid model, but a high failure rate highlights the structural hurdles of scaling science in Africa.
The country's first major overhaul of investment law in over a decade removes the capital entry thresholds that have quietly blocked hundreds of foreign founders from registering in Ghana.
Employees, some of whom are owed salary arrears following the abrupt February shutdown, will rank behind secured creditors under Kenyan insolvency law.
Mobility technology company reports first annual profit since going public, but auditors raise going concern doubt and Nasdaq listing remains under threat
From Nigerian defence contractors to Kenyan logistics software, a new cohort of well-capitalised tech firms is bypassing traditional hubs to set up operational bases in Accra.
The payment processor, which handles over R100bn annually and was acquired by Lesaka Technologies in 2024, has seen its internal code offered for sale on a dark web forum.