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Funding

Washington backs Zipline’s African expansion with $150 million

The U.S. backs Zipline’s African expansion with $150m in results-based funding to scale drone delivery across Rwanda, Kenya, Nigeria, and others.

Venture Capital

Chui Ventures closes $17.3M Fund I to back African startups

Chui Ventures has closed its $17.3M Fund I to support African founders building tech-led solutions and expand its gender-inclusive investment strategy.

News

Nigeria holds rates at 27% to cement inflation wins

The decision effectively rules out further rate adjustments until at least 2026, pivoting away from the surprise cut delivered in September—the first in five years.

News

Canva expands to Africa, names ex-Uber executive as localisation lead

Canva expands to Africa, opening a South Africa office and appointing ex-Uber executive Priscilla Menoe-Mtsi as Product Localisation Lead

Funding

Saudi-based Strataphy raises $6 million to scale  cooling systems for AI infrastructure

Strataphy has raised $6M to scale its subsurface cooling technology for AI and industrial infrastructure, led by Outliers VC. Read more

Fintech

Paystack confirms the termination of cofounder Ezra Olubi’s employment

Paystack confirms the termination of Ezra Olubi's employment. Following Olubi's blog post, the company is set for another round of legal battles since Zap Africa.

Insider

Condia Insider: Data has the crown in Africa’s telecoms

Africa’s top telcos now make more from data than voice. Both MTN and Airtel have crossed that revenue line.

News

MTN network outages deepen across Kebbi, Zamfara, and Sokoto amid rising insecurity challenges 

MTN users in Kebbi, Zamfara and Sokoto face worsening network outages as fibre cuts and rising insecurity disrupt communication and cripple businesses.

Analysis

Google’s Antigravity and the race to let AI code for you

Every dev tool now wants to be “AI-first.” Google’s Antigravity, built on Gemini 3, takes that literally. But at what cost?

News

Choice Hotels picks Kenya for continental debut

Choice Hotels enters Africa with three new properties launching in Kenya in 2026, marking its continental debut.

Fintech

Fusepay goes live after securing the Central Bank of Seychelles licence to operate as a Payment Service Provider

Fusepay, the Seychelles-based fintech, secured its PSP licence from the Central Bank (CBS) and has now processed its first live transaction.

Fintech

MTN Group’s remittance flows hit $3.4 billion, signalling new phase in Africa’s fintech race

MTN processed $3.4bn in remittances in 2025, a 13% rise as it battles fintech rivals for Africa’s cross-border payment market. Read more.

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