Justina Salami

South African cross-border fintech Lumepay raises $6m pre-seed

South African fintech Lumepay has raised a $6 million pre-seed round from angel and local fintech investors. It has launched in Kenya and is live in eight African markets.

MTN, Airtel, Glo and T2 Mobile take House of Representatives to court over CEO summonses 

Nigeria’s biggest telecom operators have sued the House of Representatives over its network quality probe. They want the Federal High Court to rule on the limits of lawmakers’ investigative powers.

Feranmi Ajetomobi doesn’t want to be first. He wants to beat whoever got there first

Feranmi Ajetomobi grew Cowrywise from 500 to 100,000 users. Now at Timon, he explains how he picks jobs, why he fears multiple jobs, and how markets differ across Africa.

Safaricom names Boniface Mungania as CFO

Safaricom has confirmed Boniface Mungania as its Chief Financial Services Officer, effective November 1, 2026. He has held the role in an interim capacity since July.

Yellow Card acquires GoMoney to open direct operations in Brazil

Yellow Card has acquired GoMoney, a Brazilian virtual asset service provider, to set up direct operations in Brazil. GoMoney’s full central bank authorisation is still pending.

Canva slashes 22% of jobs to restructure company 

Canva says 1,271 people will be affected by a restructure that changes roles, moves some staff to hubs and ends some jobs. Here is what it could mean for Africa.

Zepz appoints Steven Eisenhauer as chief risk and compliance officer

Zepz, parent company of WorldRemit and Sendwave, appoints Steven Eisenhauer as Chief Risk and Compliance Officer.

NALA hires former TerraPay executive Ashraf Aly as global head of compliance and risk

Ashraf Aly, who most recently led compliance at TerraPay, has joined NALA as Global Head of Compliance & Risk. He will oversee compliance across NALA, Rafiki and its MLROs in the UK, EU, US and Canada.

Rise of Fearless raises $1 million ahead of a relaunch

Rise of Fearless, a mobile battle royale inspired by the Battle of Adwa, has raised $1 million via a SAFE from Epic Edges Capital. Founder Kanessa Muluneh plans to relaunch the game after an upgrade.

Grey secures IMTO licence as Nigeria’s remittance sector gets new competition

Grey has secured an International Money Transfer Operator licence from the CBN. It joins a field that has grown from under 15 operators in 2016 to over 100.

FirstBank partners electronics retailer Pointek to push its BNPL product

FirstBank has partnered with Pointek to offer phones, laptops and appliances on its FirstEase BNPL product. Repayment runs up to six months at 3% interest.

Maliyo Games, Fer Factor, eight others selected for Google Play Indie Games Fund

Google Play has picked 10 African studios for its first Indie Games Fund. Here’s the full list and what each studio is building.