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    EASTERN AFRICA

    Uganda’s Ensibuuko Acquires Chomoka App Following Strategic Investment

    In a landmark move for financial inclusion in Africa, CARE, a leading humanitarian organization,...
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    Ecosystem News

    Nigerian Fintech Giant Flutterwave Downsizes Following $7.2m Alleged Security Breach

     Flutterwave, a leading African fintech startup headquartered in Lagos, Nigeria, has announced layoffs affecting...
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    WESTERN AFRICA

    Digital Ghosts: Accused Data-Selling Websites Disappear as NIMC Denies Breach in Nigeria

    Some of the websites implicated in the data breach in Nigeria became inaccessible following reports.
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    Policy & Regulations Forum

    SEC Launches ARIP to Regulate Crypto Startups in Nigeria. Here’s How to Apply

    After months of cracking down on crypto startups, Nigeria is now extending an olive branch through the new ARIP program.
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    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.
    Ecosystem News

    Climate Fintech Nithio Launches $150M Debt Fund to Back Africa’s Electric Vehicle Fleets

    With capital heavily concentrated in a handful of giants, Nithio’s FUEL vehicle aims to widen the financing pipeline for charging networks and fleet operators.

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    Industry

    Two Exits in Six Years: Dan Kleinbaum’s GTXN Acquired by Luno

    Deal gives the crypto exchange an owned settlement layer across developed–emerging market corridors - but proposed South African rules may restrict the very activity it enables.
    Industry

    Cairo’s BPO Ecosystem Opens a New Front for Transatlantic Dealmaking

    While greenfield setups remain the main vehicle for corporate expansion in Egypt's tech export sector, cross-border M&A is emerging as an alternative for North American buyers seeking rapid scale.

    Latest articles

    Updates

    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.
    Ecosystem News

    Climate Fintech Nithio Launches $150M Debt Fund to Back Africa’s Electric Vehicle Fleets

    With capital heavily concentrated in a handful of giants, Nithio’s FUEL vehicle aims to widen the financing pipeline for charging networks and fleet operators.
    Updates

    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.
    Updates

    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.

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