Justina Salami

Spiro hits 95,000 motorcycles and enters Cameroon

African e-mobility startup Spiro has deployed 95,000 electric motorcycles across seven African markets and expanded into Cameroon while launching a women-focused e-mobility initiative with ESP.

South Africa’s GoTyme Bank makes all 2,000 staff shareholders

GoTyme Bank has extended equity ownership to its entire workforce as it scales past 21 million customers and moves closer to a public listing.

This multiple award-winner is building a proptech for the student community

After being scammed while searching for accommodation as a fresher at Obafemi Awolowo University, Stephen Adeyemo built Resavation to help students find verified housing without relying on exploitative agents.

Cross-border payment startup, Chimoney, shuts down after raising only $1 million in four years

After four years and less than $1 million raised, cross-border payment startup Chimoney is shutting down. The company’s closure exposes the capital intensity of global fintech infrastructure and the consequences of weak distribution despite early growth signals.

Recap of the state of startup funding in Africa webinar by Condia

A recap of BD Talks on "the State of Startup Funding in Africa"

BFREE closes growth round to acquire non-performing loans across Africa

BFREE has raised an undisclosed growth round led by AfricInvest to scale its acquisition of non-performing loans across Africa, positioning itself as critical credit market infrastructure.

Ghana startups Rivia Clinics, VDL Fulfilment raise $350K from Village Capital

Ghana startups Rivia Clinics and VDL Fulfilment have raised a combined $350,000 from Village Capital to scale healthcare and logistics solutions

6 key reasons behind the collapse of African fintech startups(2023–2025) 

An investigation into about 20 failed fintech companies and the patterns behind their collapse.

The banned streaming site, Moviebox, still works, and here is why

Nigeria banned MovieBox in 2025, but the piracy site still works. Here’s how mirror domains, weak enforcement, and high streaming costs keep it alive.

20 failed Africa fintech startup case studies and ideas to steal

A deep dive into 20 failed African fintech startups, why they shut down, and the business ideas founders can still adapt and rebuild today.

Sycamore’s X account has been compromised

Nigerian fintech Sycamore says its X account was compromised by an unauthorized party. The incident echoes past breaches like OPay’s 2022 Twitter hack.

Shiprazor raises $2.65M seed to fix South Africa’s fragmented logistics

Shiprazor raises $2.65M in a seed round led by Norrsken22 to streamline logistics for South African e-commerce merchants and reduce failed deliveries.