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    Staff Writer

    Fintech Unicorn Wave Caves to Regulators as BCEAO Holds Firm on West Africa’s Payment Deadline

    The $1.7bn mobile money operator joined the PI-SPI system on deadline day alongside 175 institutions—ending closed-loop dominance across the $267bn WAEMU market.

    The Commoditisation of LLMs Is Driving a Spree of Micro-AI Acquisitions

    Large language models can scrape the web, but they can't replicate deep domain expertise. From Cairo cold-emails to Cape Town acqui-hires, tech giants are paying up to buy niche capabilities.
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    How £21M of Debt Sank the Fresh Funding Quest for Failed SA Startup WhereIsMyTransport

    Despite raising over $27 million in funding since its inception in 2016, the company had only £180,000 (approximately $225,000) left to settle its obligations as of the date of filing for insolvency...

    ASEP 2024: Applications Open for Algerian Startups to Explore Global Tech Hubs for Free

    The Algerian Ministry of Knowledge Economy, Startups and Micro-entreprises has officially launched the International...

    Economic Upset: Cameroon, Mauritania Outperform Oil-Rich Nigeria in Wealth per Person

    In an unexpected turn of events, the International Monetary Fund (IMF) has revealed that...

    Nigerian Financial Watchdog Warns of Elaborate Wire Transfer Scams

    The Nigerian Financial Intelligence Unit (NFIU) has issued a comprehensive advisory warning of a...

    Open Startup Opens Applications for OST Support Program for Senegalese, Tunisian, and Moroccan Startups

    Open Startup (OST) is a non-governmental organization dedicated to fostering innovation through entrepreneurship, education,...

    Tunisian Startups Secure 50 Deals Through Orange Fab Accelerator Program

    Orange Tunisia continues to actively support Tunisian startups through its comprehensive program, from guidance...

    Is HostAfrica Eating Africa’s Web Hosting Industry Alive? The Buyout Blitz Continues

    In a strategic move to strengthen its presence in Nigeria, HostAfrica has announced the...

    Mirepa Invests in Agritech True Moringa to Boost Organic Skincare Production in Ghana

    Mirepa Investment Advisors Ltd. has announced a strategic investment in MoringaConnect Inc, known commercially...

    Fintech Firm dLocal Pivots to Kenya as Nigerian Market Falters

    In a strategic move amidst shifting fortunes across the African continent, dLocal, the Uruguayan...

    Applications Open for NINJA Accelerator Program in Ethiopia

    Renew Capital, in collaboration with the Ministry of Innovation and Technology (MInT) of Ethiopia...

    Kenyan President Withdraws Finance Bill Amid Deadly Protests

    Kenyan President William Ruto has announced his decision to withdraw a finance bill containing...

    UPDATE: Kenyan Parliament Defies Protesters, Approves 16% VAT Increase in Finance Bill

    On Tuesday, parliament in Kenya passed the 2024 Finance Bill, despite widespread opposition from...

    Latest articles

    Fintech Unicorn Wave Caves to Regulators as BCEAO Holds Firm on West Africa’s Payment Deadline

    The $1.7bn mobile money operator joined the PI-SPI system on deadline day alongside 175 institutions—ending closed-loop dominance across the $267bn WAEMU market.

    The Commoditisation of LLMs Is Driving a Spree of Micro-AI Acquisitions

    Large language models can scrape the web, but they can't replicate deep domain expertise. From Cairo cold-emails to Cape Town acqui-hires, tech giants are paying up to buy niche capabilities.

    IFC Eyes $90M Equity Stake in Airtel Money as London IPO Gathers Momentum

    World Bank arm joins proposed listing of African fintech processing $245bn annually.

    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month.