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Lidya, Nigeria’s digital lending pioneer, shuts down after nearly a decade. The fintech failed amid a funding drought and internal collapse.
Importa Holdings raises $15,000 to grow ImportaPay and expand AI-powered trade and FinTech access for African importers and small businesses.
SBM reports it cost ₦26,656 to cook a pot of Jollof in September 2025. Prices may rise again by December as food insecurity deepens.
Spiro has raised $100 million just days after Lagos launched its $478 million Omi Eko electric ferry project.
A major AWS outage disrupted global platforms including Snapchat, Amazon, McDonald’s, and Canva. Here’s how the downtime unfolded.
Kuunda raises $7.5M to expand its digital lending services across Africa and MENA, advancing financial inclusion.
Kenyan fintech startup Jahazii raises $400K to formalise Africa’s informal workforce through its Workforce Operating System
Rana Energy has raised $3 million in pre-seed funding to expand its AI-driven Clean Energy-as-a-Service platform.
The crypto market suffered $9.4B in liquidations within 24 hours as Bitcoin and Ethereum prices plunged. Analysts call it the largest single-day crash ever.
IHS Towers Rwanda sale to Paradigm Tower Ventures closes at $274.5 million, marking a milestone in Africa’s telecom infrastructure growth.
The World Bank warns that Africa must solve its youth job crisis or face Gen Z protests spreading across the continent.
CANAL+ names a new leadership team for Africa after its MultiChoice takeover, uniting 40M+ subscribers and 10,000 jobs.
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