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    WESTERN AFRICA

    Massive Data Fraud Scheme Exposes KYC Vulnerabilities in Nigerian Fintech

    "Information available revealed that the actors are up to 12,000 all over the country seeking account donors."

    French Court Orders Compulsory Liquidation of Ivorian-Founded Fintech Bizao

    Paris ruling casts doubt over future of one of Francophone Africa's most prominent B2B fintechs.

    A Quiet Exit: Nigeria’s Migo Acquired by Long-Time Investor

    The company had previously raised a $20 million Series B round in 2019 to fuel its expansion in Nigeria and Brazil.

    From Washington to a Lagos Cell — Binance’s Crime Chief Closes the Chapter

    Gambaryan, who built Binance’s global investigations team from scratch, said he now plans to shift focus.
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    Altera Biosciences Bags $1.6M to Build ‘Off-the-Shelf’ Cells in Africa’s First Gene Therapy Play

    While the science is complex, the investment thesis has a unique hook. The startup argues that its location is a strategic asset.

    “Locals Only”: Tanzania’s New Decree Shuts Out Foreign Fintechs

    The timing is particularly ironic when considering a homegrown, yet globally-minded, success story like Nala.

    Elmenus Founder Steps Down, Latest in a Wave of Egyptian Startup CEO Changes

    The pressure for strategic evolution at Elmenus is amplified by the dominant performance of its main rival.

    From Men’s Shoes to Mobile Phones: Jumia’s Pivot to Africa’s Secondary Cities Is Starting to Pay Off

    Making this strategy work requires a fundamentally different approach to logistics.

    Latest articles

    Altera Biosciences Bags $1.6M to Build ‘Off-the-Shelf’ Cells in Africa’s First Gene Therapy Play

    While the science is complex, the investment thesis has a unique hook. The startup argues that its location is a strategic asset.

    “Locals Only”: Tanzania’s New Decree Shuts Out Foreign Fintechs

    The timing is particularly ironic when considering a homegrown, yet globally-minded, success story like Nala.

    Inside the Deal: How a Cameroonian Web3 Founder Ended Up on the Board of a $45M State-Rescued ‘Zombie Bank’

    Anthemis-backed founder takes board seat at one of Cameroon's 15 existing commercial banks.

    CityTaps’ $6M Water-Tech Dream Runs Dry as Kenyan Arm Enters Liquidation

    The water-tech aimed to solve water access for Africa's urban poor with smart meters and mobile money. Its collapse is the latest in a wave of closures hitting Kenya's impact startup scene.