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    Staff Writer

    EBRD Backs Nigerian Grid-Tech Startup Beacon Power Services in $20.9m Push

    At the heart of the problem is a vast metering gap. An estimated 4.7mn electricity customers remain unmetered.

    The Hidden Costs of MNT-Halan’s Mass-Market Lending Model

    Although disputed claims represent less than 3.5% of lifetime originations, one lawsuit for every 15 active borrowers highlights the legal and administrative costs of enforcing unsecured loans in high-inflation markets.
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    Egypt’s TradeHub Joins Growing List of African Startups Returning VC Cash

    “I’ve come to learn that knowing when to let go is just as important as knowing when to push forward.”

    Egypt’s Central Bank to Fintechs: Time to Grow Up and Get a Board

    The days of running a multi-million EGP operation from a Slack channel are officially numbered.

    From Oil Rigs to Charging Plugs: Angola’s State Giant Sonangol Plots EV Future

    To support the initiative, Sonangol has also launched a mobile app to help future EV drivers locate the nascent infrastructure.

    Kenyan Cap Table Startup Raise Africa Shuts Down, Citing a Better Fit with Private Equity

    Raise is shutting down after finding its product was built for the wrong audience.

    GITEX Nigeria: Lagos Rolls Out the Red Carpet as Startups Hunt for Elusive Capital

    The official narrative is one of unbridled optimism.

    Africa’s Creative Economy Takes Centre Stage at Timbuktoo Creatives Hub in Cape Town

    Cape Town, South Africa — 04 September 2025 — The United Nations Development Programme (UNDP) in South Africa,...

    South Africa’s The Invigilator Raises $11m to Take Its AI Anti-cheating Tech Global

    Founded in 2020, The Invigilator provides a platform for educational institutions to monitor students during remote exams and assessments.

    Babban Gona Raises $7.5m to Expand AI-Backed Farming Franchise in Northern Nigeria

    With BII’s backing, Babban Gona says it wants to increase yields and incomes for around 140,000 farmers by 2029.

    The Great WAEMU Shakeout: 20 Fintechs Licensed as Regulatory Guillotine Falls

    This licensing wave lands in the middle of a much broader regulatory push.

    Mamo Mihretu’s Legacy: Ethiopia’s Economic Reformer Resigns, Leaving Fintech Rulebook Rewritten

    In a farewell message, Mamo stated he was leaving public service “to pursue other passions.”

    Africa’s Data Centers Are in a Race for Higher-Margin Cloud Services

    South Africa leads decisively with 49 facilities, representing nearly a quarter of the continent’s total.

    MOPO Secures $6.7m From Norfund to Scale Battery Rentals Across Africa

    Its products include the MOPO50, designed for lighting, phone charging and small appliances, and the MOPOMax, which supports higher-load devices such as small business equipment and e-mobility.

    Latest articles

    EBRD Backs Nigerian Grid-Tech Startup Beacon Power Services in $20.9m Push

    At the heart of the problem is a vast metering gap. An estimated 4.7mn electricity customers remain unmetered.

    The Hidden Costs of MNT-Halan’s Mass-Market Lending Model

    Although disputed claims represent less than 3.5% of lifetime originations, one lawsuit for every 15 active borrowers highlights the legal and administrative costs of enforcing unsecured loans in high-inflation markets.

    In Memoriam: Andrew Milne, the Kuunda Co-Founder Who Took Lending to Mobile Money Networks

    Between 2015 and 2017, he was chief operating officer of mobile money company Zoona.

    Finnfund Makes First African EV Bet with $11.2m Bisedge Debt Deal

    The transaction follows a $20 million equity investment in Bisedge from pan-African private equity firm Metier in May 2026