The pan-African e-commerce player's Q3 2025 results show a strategic retreat from its standalone payment app, as it doubles down on core e-commerce and its path to profitability.
The investment from Afreximbank's equity arm, FEDA, aims to move the continent beyond raw ore exports and capture the lucrative processing and manufacturing value chain.
A US aid pullout nine months ago triggered fears of an ecosystem collapse. But while early-stage startups are failing in record numbers, late-stage mega-deals are pushing funding to new highs. What's really going on?
A 2025 analysis reveals over $50M in angel-backed deals as organized networks professionalize to fill the pre-seed void, but a total lack of exits poses a long-term threat.
A mix of established mini-grid operators, a family-run business, and a media giant's new energy venture are among the first to receive funding to build hundreds of solar mini-grids across Nigeria.
As the $75bn fintech submits banking licence applications in South Africa and Morocco, seasoned industry veterans are taking the helm in what could prove the company's most complex expansion yet.
