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Justina Salami Salami

Journalist for Condia. Beats are news and development. Reach me at justinaize247@gmail.com.
Startups

Six African banks supporting startups and SMEs

African banks are now funding startups and SMEs through loans, accelerators, and equity. Here are six banks driving innovation in Africa.

News

Kenya moves to split Safaricom as debt pressures mount

Kenya plans to split Safaricom into telecoms, towers, and M-PESA as debt pressures mount, while the company posts record revenue growth.

Mobility

Bolt brings dash cam app to Kenya as drivers demand more safety

Bolt has launched a dash cam feature in Kenya to improve ride safety, protect drivers and riders, and stay ahead of Uber in Africa’s mobility market

AI

12 most promising Africa’s AI startups and their real-world impact

Africa’s AI market is projected to grow from $4.5B to $16.5B by 2030. Meet the most promising AI startups driving change in healthcare, finance, biotech, and more.

Fintech

Nedbank acquires ikhokha for $93.3 million in an all cash deal

Nedbank acquires payments fintech iKhokha for R1.65 billion ($93.3 million) in an all-cash deal.

Fintech

How IPT Africa became the first  Mauritian fintech selected for the Visa Accelerator Program 2025

IPT Africa becomes the first Mauritian fintech in the Visa Accelerator 2025, marking a milestone for the island's growing fintech ecosystem.

Telco

9mobile undertakes second rebrand, becomes T2 in bid to survive Nigeria’s telecom duopoly

9mobile rebrands as T2 after LH Telecoms acquisition, aiming to revive market share in a telecom sector dominated by MTN and Airtel.

Ecommerce

Investors cheer as Jumia delivers turnaround surprise in Q2 2025

Jumia’s Q2 2025 earnings surprise investors with 27% stock surge and 25% revenue growth, boosting confidence in its turnaround plan

News

MTN’s earnings to rebound, backed by strategic Nigerian investments

MTN Group forecasts strong earnings growth for H1 2025, driven by a $240M data centre in Lagos and a new 9mobile roaming deal in Nigeria.

AI

Alaan raises $48 million to scale AI-powered spend management across the MENA region

Alaan raises $48M to scale its AI spend management platform across MENA, targeting Saudi Arabia and automating finance teams’ workflows.

Fintech

Fusepay, a Seychelles-based fintech, raises $350k pre-seed to digitise business payments

Fusepay raises $350,000 pre-seed to digitise business payments and replace cheques across Indian Ocean islands, starting with Seychelles.

News

Former Flutterwave VP Leon Kiptum passes on 

Leon Kiptum, former Flutterwave VP for East Africa, has died at age 44. He recently stepped down from his role to focus on his health.

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