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African startup funding reached $469.9 million in Q1 2025. Cleantech overtook fintech as the most-funded sector, highlighting investor interest in sustainable innovation over traditional African fintech bets.
Verve cardholders across Africa can now shop on Temu and pay in local currency, expanding e-commerce options.
The AI race isn’t just about smarter models; it's also about who controls the hardware and infrastructure. Here’s how big players are securing their dominance.
Obasola Akintola shares his journey from church visuals to brand design at Cowrywise, highlighting persistence, creativity, and the power of visibility in the design industry.
Wale Ayandiran’s journey from a self-taught developer in Nigeria to leading engineering teams and building AI-driven solutions in the UK showcases resilience, innovation, and impact in the global tech industry.
Vendease has restructured employee salaries, shifting to performance-based pay while seeking fresh funding. The Nigerian foodtech startup aims to cut costs and drive profitability.
Sycamore secures an SEC fund management licence and appoints Oluwagbenga Magbagbeola to lead its asset management arm.
Nigerian artists made a record-breaking ₦58 billion ($37.7 million) from Spotify in 2024, more than double last year’s earnings.
South Africa will increase VAT to 16% by 2026, with a phased hike starting in May 2025 to boost revenue.
Go Big Partners and 216 Capital Ventures invest in Tunisia’s Juridoc.tn to drive its expansion into the OHADA region, boosting LegalTech innovation across Africa.
In this letter, we explore: Flutterwave secures approval for inward remittance service in Ghana, Elon Musk blames Ukraine for cyberattack on X, South Africa is thinking about e-voting.
Despite new fintech innovations and regulatory backing, contactless payments in Africa still face hurdles like poor infrastructure, security concerns, and a strong cash culture. Can they truly take off this time?
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