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Funding Tracker

African startups raised over $1.5 B in H1 2026 as equity stages a comeback

African startup funding reached $1.5 billion across 137 deals in H1 2026 as equity rebounded, Kenya led funding, and Nigeria lagged in capital raised.

News

The CBN wants to know the hidden faces behind Nigerian fintech solutions

The CBN is asking for clear data on the ownership structure of Nigerian Fintech firms

Financial Services

Providus and Unity Bank complete merger, begin operations as ProvidusUnity Bank

Providus Bank and Unity Bank have completed their merger and officially commenced operations as ProvidusUnity Bank, creating a larger institution as Nigeria's banking sector consolidates.

Spotlight

The Contributor Mindset: Inside the Journey of Femi Alayesanmi, Head of Engineering at Mono

Femi Alayesanmi's storied journey, from growing up without a computer to leading Mono’s Engineering and the future of African tech. 

Funding

Return founder, Tomiwa Lasebikan, raises $2.4 million for stablecoin startup Daya

Daya, the stablecoin payments startup founded by return entrepreneur Tomiwa Lasebikan, has raised $2.4 million in pre-seed funding to expand cross-border payment infrastructure.

Fintech

Chaka rebrands to Hisa

Chaka and Hisa apps have merged into one 'Hisa' app. Existing portfolios are maintained, with users told to expect improved services.

African Markets

5 African startup sectors set to benefit from the World Cup

The FIFA World Cup is creating opportunities beyond football. Here's how African fintech, media, travel, e-commerce, and sports-tech startups stand to benefit.

News

Flutterwave awards 25 grants to young entrepreneurs at YEEP 2026

Flutterwave awards 25 grants to young Nigerian entrepreneurs to support business growth and to invest in the next generation of African builders.

Features

Is the African Monetary Union 2030 target achievable? Ugo Umeseaka, COO of Redtech, shed light on this

Redtech COO Ugo Umeseaka explains why Africa's 2030 monetary union target is unlikely and why cross-border payments matter more than a single currency.

Fintech

Popular UK bank, Monzo launches remittance to Nigeria

Monzo now supports payouts to Nigeria, through its partnership with Wise. What does the future hold for African remittance operators?

Social Media

Kunal Shah : 4 key things to know about Whatsapp’s new head

Here is what we know about the man appointed to lead Whatsapp

Betting

Investigation on Polymarket confirms betting companies pay Influencers to post fake slips

Investigation links Polymarket to influencers promoting winning tickets on social media

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