FairMoney fully redeems ₦5.86B Series 6 Commercial Paper

The Series 6 note was issued on December 23, 2025, carrying a 269-day tenor and a discount rate of 19.48%.

Luno acquires Kenyan fintech GTXN in founder Dan Kleinbaum’s second exit

Luno has acquired GTXN, a Kenyan cross-border payments provider, giving the crypto exchange licensed rails to settle enterprise transfers directly.

Monzo EU CEO Michael Carney steps down to launch AI and robotics startup

Monzo's EU chief Michael Carney is stepping down to build an AI and robotics startup for people with disabilities, five months after Ireland's launch.

South Africa’s Pick n Pay names Spencer Sonn, CEO-Designate

Pick n Pay has appointed Woolworths veteran Spencer Sonn as CEO-designate from February 2027, ahead of Sean Summers' 2028 handover.

Zipline’s deal with Côte d’Ivoire will scale AI health logistics to 10 hubs, 12 million people 

Côte d'Ivoire and Zipline will expand AI-powered drone health logistics from 1 to 10 hubs, backed by a $150M US award, reaching 12M people.

Inside the compliance sprint that reshaped Nigeria’s fintech sector

Nigeria cleared the full 19-point plan and exited the FATF grey list in October 2025 but the CBN has maintained regulations that directly affect fintechs.

Meet the 12 Nigerians shaping AI development at OpenAI

Meet 12 Nigerians working at OpenAI and the different paths that led them to the AI company.

“I don’t dream of labour”: Chiamaka Amaku on building businesses while keeping a 9–5

From selling hair in university to leading in marketing, Chiamaka Amaku reflects on entrepreneurship, discipline, and AI's impact.

Paymob raises $35 million pre-Series C to expand payments business across MENA

Egypt's Paymob raised $35M led by Mubadala and EBRD to expand its payments business across MENA, as Gulf revenue grows sevenfold.

Africa Go Green Fund doubles financing commitment to Spiro, adds $18 million

Africa Go Green Fund has doubled its debt commitment to Spiro to $36M, adding $18M to fund e-motorcycle expansion in Uganda and Rwanda.

The AI boom is making smartphones less affordable for Africans

AI data centres have snapped up the world’s memory. Across Sub-Saharan Africa, the bill is arriving as a phone few people can buy.

Terra Industries leads $1 million pre-seed round in cybersecurity startup Aeon

Terra Industries leads a $1M pre-seed round in Nigerian cybersecurity startup Aeon, which is building cyberdefence solutions for the Global South.