Justina Salami

Flutterwave names Morounke Olufemi, Global CFO, as Mitesh Popat steps down

Flutterwave has appointed Morounke Olufemi as its new Global Chief Financial Officer, replacing Mitesh Popat, who is stepping down after two years in the role.

Luno acquires Kenyan fintech GTXN in founder Dan Kleinbaum’s second exit

Luno has acquired GTXN, a Kenyan cross-border payments provider, giving the crypto exchange licensed rails to settle enterprise transfers directly.

Monzo EU CEO Michael Carney steps down to launch AI and robotics startup

Monzo's EU chief Michael Carney is stepping down to build an AI and robotics startup for people with disabilities, five months after Ireland's launch.

South Africa’s Pick n Pay names Spencer Sonn, CEO-Designate

Pick n Pay has appointed Woolworths veteran Spencer Sonn as CEO-designate from February 2027, ahead of Sean Summers' 2028 handover.

Zipline’s deal with Côte d’Ivoire will scale AI health logistics to 10 hubs, 12 million people 

Côte d'Ivoire and Zipline will expand AI-powered drone health logistics from 1 to 10 hubs, backed by a $150M US award, reaching 12M people.

Paymob raises $35 million pre-Series C to expand payments business across MENA

Egypt's Paymob raised $35M led by Mubadala and EBRD to expand its payments business across MENA, as Gulf revenue grows sevenfold.

Africa Go Green Fund doubles financing commitment to Spiro, adds $18 million

Africa Go Green Fund has doubled its debt commitment to Spiro to $36M, adding $18M to fund e-motorcycle expansion in Uganda and Rwanda.

Releaf Earth founders’ cleantech startup raises $1.5 million to scale its carbon removal business

Biochar Industrial Group (BIG), a climate tech startup, has raised $1.5 million in pre-seed funding to scale its Biochar-as-a-Service model.

Startup paying Egyptians for recyclable waste raises seed funding to scale collection network

Bekia has secured $765,000 in seed funding. The company plans to launch its first B2B software product, Bekia Next, in October 2026.

Kenyan court cancels Vodacom’s takeover of East Africa’s most valuable listed company

Kenya’s High Court has cancelled Vodacom’s Safaricom deal, ruling the sale of the government’s 15% stake unconstitutional.

Kenyan creator-commerce platform gets funding from German non-profit VC

HustleSasa, a Nairobi-based creator-commerce platform, has raised new funding from Impacc, a German non-profit venture capital firm.

Partech leads $13 million investment in Synapse Analytics series A funding

Synapse Analytics, an AI-powered fintech company, has secured $13 million in Series A funding led by Partech with participation from Algebra Ventures and Silicon Badia.