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AI

Vercel acquires Ethiopian-founded Better Auth 

Vercel has acquired Ethiopian-founded Better Auth for an undisclosed amount, bringing founder Bereket Engida and his team onboard to accelerate secure identity infrastructure for AI agents.

Analysis

Why Tether, Circle and Ripple are betting on African fintechs

Global stablecoin issuers are betting on the continent's biggest fintechs to drive distribution.

Funding

YC alum Timon gets funding and expands into Kenya after crossing 100,000 users

After reaching 100,000 users, Timon has secured funding from Alliance and launched in Kenya, betting on stablecoins to power cross-border travel payments for Africans.

News

Morocco’s biggest bank launches instant homeward transfers

Attijari Transfer facilitates instant transfers to Moroccan bank accounts.

Startups

The tech startups solving problems in Nigeria’s Delta State

While Lagos continues to dominate Nigeria's startup ecosystem, innovation is beginning to take root in the country's oil-rich Delta State.

News

Nigeria targets Big Tech, AI firms over AI training data

The companies are being investigated over allegations of unfair market dominance and the use of copyrighted materials to train AI models.

African Markets

FoodCourt’s shutdown is a reminder of how hard the food business really is

Demand alone isn’t enough in food tech. Here is why tech-enabled food businesses struggle in Nigeria.

Crypto

Analysis reveals nearly a million Trump memecoin Investors lost $3.8 billion

The $Trump Memecoin has cost investors $3.8 billion since launch

Financial Services

Luno, Trovotech, Wrapped CBDC and 4 others get SEC’s nod for crypto sandbox

Nigeria's SEC has admitted Luno, Bitbarter, GetEquity and four others into its ARIP crypto sandbox, marking the first new cohort in nearly two years.

News

Y Combinator-backed LemFi acquires Wealth8 to expand into investing

LemFi has acquired UK-based investment platform Wealth8, marking its third acquisition in just over a year.

Fintech

CBN revokes licences of NowNow, Sycamore, Creditville, OurPass and Casha Microfinance Banks

The Central Bank of Nigeria has revoked the operating licences of 46 microfinance banks, including fintech-linked NowNow, Sycamore, Creditville, OurPass and Casha.

Artificial Intelligence

The likely reasons Anthropic is doubling its rate for Claude in Nigeria

Anthropic has doubled its rate for Claude in Nigeria

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