More

    Staff Writer

    Nigerian E-Mobility Startup MAX Extends Series B3 to $29M with Backing from Nithio

    The company reported in January 2026 that it had reached profitability in Nigeria, its largest and most complex market.

    Nine Years After Its Founding, OPay’s IPO Filing Leaves Questions Over Employee Stock Options

    A court judgment proves OPay granted share options in 2020. Its US filing never mentions them, and investors are left to guess whether that’s a gap or a non-issue.
    spot_img

    Keep exploring

    Meet the 9 VCs Tasked With Deploying Morocco’s New $270m Startup War Chest

    The shortlist, culled from 47 applications, relies heavily on international operational experience.

    GIP Secures $20m as Ghanaian Pension Funds Ditch Government Debt for Private Equity

    A decisive policy shift in Accra is forcing domestic pension schemes to look past government securities, creating a sudden liquidity pool for private market intermediaries.

    From Kitchens to Cockpits: The Egyptian Startup Turning Cooking Oil Into a 25x Investor Return

    Delta Oil operates at the intersection of waste management and energy production.

    Standard Bank Leads $330m Refinancing for JSE-Listed AI Fintech Optasia

    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.

    Sunset for the Blue Flame: Koko Networks Begins Its Final Liquidation Journey

    Employees, some of whom are owed salary arrears following the abrupt February shutdown, will rank behind secured creditors under Kenyan insolvency law.

    Breega Deepens African Push With Pre-Seed Investment in Nigerian Energy Startup PowerLabs

    For decades, commercial operations in Nigeria have been forced to operate as their own utility providers.

    Renew Capital Is Hunting for Founders Who Can Unlock Africa’s $330bn Untapped Credit Market

    Renew Capital is anchoring its new program on the premise that this exclusion is driven by underutilized data rather than inherent borrower risk.

    “No Shortcuts Through the Data”: How Intron is Building African Voice Infrastructure from Scratch

    "The assumption we had to kill earliest was that the technical problem was the hardest one. It is not."

    The Ultimate Corporate Shield? How SA Fintech Lesaka Escaped the $5m Ghost of Its Liquidated Subsidiary

    Cash Paymaster Services, the defunct South African fintech and subsidiary of Lesaka Technologies that administered welfare payments to millions...

    Madica Backs AI-First African Startups as It Refines Its Pre-Seed Playbook

    The Flourish Ventures-affiliated programme is standardising its "ticket-plus-support" mode.

    Hassanein Hiridjee’s Outsized Stake Reshapes Power at Jumia Technologies

    Whether this influence evolves into a full takeover remains uncertain.

    Latest articles

    Nigerian E-Mobility Startup MAX Extends Series B3 to $29M with Backing from Nithio

    The company reported in January 2026 that it had reached profitability in Nigeria, its largest and most complex market.

    Nine Years After Its Founding, OPay’s IPO Filing Leaves Questions Over Employee Stock Options

    A court judgment proves OPay granted share options in 2020. Its US filing never mentions them, and investors are left to guess whether that’s a gap or a non-issue.

    The ₦100m Question Facing Lagos’ Gaming Founders

    A 30-day regulatory crackdown threatens to cut off mobile billing for the state's booming indie developers.

    Airtel Money Begins Unconditional Trading on London Stock Exchange in Landmark African Fintech Listing

    Shares in the mobile payments group, spun out of telecoms operator Airtel Africa, start full dealings after a subdued conditional trading period that valued the business at £5.3bn