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    WESTERN AFRICA

    Tingo’s Nigerian Auditor Hit with $200K Fine and US Ban for ‘Aiding Fraud’

    According to a final judgment entered in a New York federal court on August 11, 2025, Oyebola and his firm played a crucial role in deceiving investors.

    In Africa’s Food Delivery ‘Graveyard’, VCs See Signs of Life with Chowdeck’s $9M Round

    Investors are betting that Chowdeck’s combination of local market expertise and disciplined execution can succeed where others have struggled.

    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.
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    DigsConnect Founder Alexandria Procter Launches $1.4M Vehicle to Back African Startups

    Procter founded DigsConnect four years ago while she was an undergraduate student at the University of Cape Town..

    A 230-Angel Network, Beyond the ‘Big Four’: Inside Renew Capital’s Quiet Conquest of African VC

    While Nigeria saw the second-highest number of applicants to its Renew Venture Lab (350), it has no portfolio company there yet.

    With Gov’t Backing, Japan’s Musashi Charges East Africa’s E-Moto Boom

    Musashi, a global manufacturer with 36 sites worldwide, is known for differential assemblies and transmission gears for traditional and electric vehicles.

    The $100k Oversight: How Bad Offboarding Is Costing Startups a Fortune

    When an employee leaves an organisation, most leaders focus on succession, handovers, and HR paperwork. But behind the scenes, many holes may have been created.

    Latest articles

    DigsConnect Founder Alexandria Procter Launches $1.4M Vehicle to Back African Startups

    Procter founded DigsConnect four years ago while she was an undergraduate student at the University of Cape Town..

    A 230-Angel Network, Beyond the ‘Big Four’: Inside Renew Capital’s Quiet Conquest of African VC

    While Nigeria saw the second-highest number of applicants to its Renew Venture Lab (350), it has no portfolio company there yet.

    Africa’s Payment Maze: Are New State-Backed Rails a Map or a Trap for Fintechs?

    In the last month alone, major economic blocs in East, Southern, and West Africa have launched ambitious interoperable platforms.

    How a Paper Fortune of $2.68m Vanished for a South African VC-Backed Fintech Founder

    Last year, TLcom Capital, together with Flourish Ventures, backed South African fintech LittleFish. However, that investment ended up in court, with one of LittleFish's founders fighting for his 'life' in the company post-deal.