Justina Salami

Mastercard, Qatar Holding sell down Airtel Money stakes as London listing values firm at $7bn 

Airtel Money began trading on the London Stock Exchange on Wednesday under the ticker AMC, after an IPO priced at £1.96 ($2.60) a share.

Nithio makes second African e-mobility bet, backing profitable Nigerian EV startup MAX

Nithio has invested in Nigerian electric mobility company MAX, extending its Series B3 round to $29 million.

OPay named digital bank and financial inclusion leader at BAFI 2026

OPay won two prestigious awards at the 14th BusinessDay Banks and Other Financial Institutions (BAFI) Awards 2026.

Andrew Milne, co-founder and co-CEO of Kuunda, dies at 54

Andrew Milne, co-founder and co-CEO of Kuunda, a B2B lending-as-a-service fintech, has died at age 54 on 13th October, 2026

Ghanaian banks to collect 20% tax on Netflix, Spotify and ChatGPT

Banks in Ghana will begin collecting a 20% tax on payments for Netflix, Spotify, ChatGPT and other foreign digital services on Thursday, October 15.

Cascador, Sterling Bank launch $200m fund to help Nigerian SMEs access loans

Cascador collaborates with Sterling Bank to launch a $200 million SME Credit Backstop Fund to help Nigerian small businesses get loans.

5G share rises 60% as 3G declines in Nigeria’s telecom market

Nigeria's 5G has grown the fastest among mobile network generations between June 2025 and August 2026.

Africa Bitcoin Corporation loses two-thirds of its board as the founder’s shareholder group moves in

Four Africa Bitcoin Corporation directors resign, including interim CEO Stafford Masie, following a shareholder revolt led by founder Warren Wheatley’s WGW Capital

CashAfrica partners with Chicken Republic to drive tap-to-pay adoption in Nigeria

CashAfrica is taking tap-to-pay to Chicken Republic’s 350 outlets. Its CEO says contactless could go mainstream in Nigeria in eight months.

Local investors acquire South African travel tech platform LekkeSlaap

A consortium of local investors has acquired LekkeSlaap, a South African travel startup. The financial terms of the deal remain undisclosed.

M-KOPA’s KilpiTek Oy acquisition brings its device-locking advantage in-house 

M-KOPA, a Pan-African pay-as-you-go financing company, acquired Finnish communications company KilpiTek Oy for $8 million in March 2026.

NeoFleet Capital raises $4m pre-seed to fund taxi fleets across Africa and the Global South

Mobility fintech NeoFleet Capital has secured a $4 million pre-seed round to expand its taxi fleet financing model and build infrastructure.