For founders and investors, it is a signal that capital is moving to jurisdictions where the rules are more predictable and the political climate is more stable.
Deal data, donor retreats and a pivot to venture capital and debt are hollowing out the cohort-based accelerator model that once launched a generation of African startups.
Cape Town-based start-up uses stablecoins and a merchant-of-record model to undercut transaction fees that have long burdened African tourism businesses.
Sixteen months later, on a hot July day in 2026, Egypt's finance minister, Ahmed Kouchouk, returned to a company whose public frustration had once laid bare the country's industrial bureaucracy.
Rapid growth and 56.5m users make it Africa’s hottest tech float. But privately negotiated intra-group fees threaten to cloud its standalone public valuation.
Nigeria’s proposed plan—demanding that withholding tax be paid in the native token and remitted to a government-controlled wallet—is a radical departure from global norms.
The new virtual asset rules demand high capital, local custody, and bank-held reserves - creating a moat that traditional lenders are perfectly positioned to fill.
A Lagos labour court has dismissed a former employee's claim to shares he says were owed under a stock option scheme, in a ruling that lands weeks after OPay began preparing for a US listing.
Cape Town-based start-up uses stablecoins and a merchant-of-record model to undercut transaction fees that have long burdened African tourism businesses.
Nigeria’s proposed plan—demanding that withholding tax be paid in the native token and remitted to a government-controlled wallet—is a radical departure from global norms.
Socium, founded in 2021 by Samba Lo and Serigne Seye, provides payroll, recruitment and workforce management software to businesses across 21 Francophone African countries.
