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Justina Salami

A reporter for Condia. Beats are news and development. Studied History and International Relations. She loves reading nonfiction, especially books on leadership, history, and innovation. If she weren’t writing or researching, she’d probably be dancing and singing. Contact her @justinaize247@gmail.com.
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.

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.

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.

Event

“Your career is a business”: Inside the Delta State Innovation Hub’s Tech Talks

The Delta State Innovation Hub's latest Tech Talks challenged attendees to think of their careers as businesses, emphasizing branding, visibility, skills, and value creation.

Telco

Delta State Polytechnic students say mobile data is eating half their monthly allowance

A survey of Delta State Polytechnic students shows many spend up to half their monthly allowance on mobile data, leaving little for food and transport.

Funding Tracker

African startups raised over $1.5 B in H1 2026 as equity stages a comeback

African startup funding reached $1.5 billion across 137 deals in H1 2026 as equity rebounded, Kenya led funding, and Nigeria lagged in capital raised.

Financial Services

Providus and Unity Bank complete merger, begin operations as ProvidusUnity Bank

Providus Bank and Unity Bank have completed their merger and officially commenced operations as ProvidusUnity Bank, creating a larger institution as Nigeria's banking sector consolidates.

Funding

Return founder, Tomiwa Lasebikan, raises $2.4 million for stablecoin startup Daya

Daya, the stablecoin payments startup founded by return entrepreneur Tomiwa Lasebikan, has raised $2.4 million in pre-seed funding to expand cross-border payment infrastructure.

African Markets

5 African startup sectors set to benefit from the World Cup

The FIFA World Cup is creating opportunities beyond football. Here's how African fintech, media, travel, e-commerce, and sports-tech startups stand to benefit.

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