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.
African Markets

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.

Funding

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.

Telecoms

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.

News

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

Fintech

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.

News

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.

News

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.

Funding

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.

African Markets

What if the 39.6M small businesses in Nigeria use AI

This programme launched to teach small and medium enterprise business owners how to use AI in their business

Funding

Kenyan fintech Cloud9 gets $500k as part of its ongoing pre-seed round

Founded by former YC-backed founders, Cloud9 gets $500,000 from Alliance as part of an ongoing pre-seed round.

News

Glovo Nigeria’s managing director steps down after three years

Lamide Akinola, Glovo Nigeria's managing director, moves on after a three-year tenure.

Events

Tech events you shouldn’t miss this October

A list of events tech professionals and enthusiasts could attend in October 2026.