Jollof rice becomes Nigeria’s new inflation barometer

The average cost of cooking a pot of jollof rice in Nigeria has skyrocketed to ₦27,528 as of June 2025—up 153% in two years.

Nigeria’s Central Bank holds rates thrice in a row

"The decision was premised on the need to sustain the momentum of dis-inflation and contain price pressures," Cardoso said

54 Collective faces liquidation over misused Mastercard Foundation grant

The ruling signifies a stark end for the ambitious venture, which was established in December 2022  

AFC secures  $255M  loan to power Africa’s green infrastructure

Africa Finance Corporation (AFC) secures $255M sustainability-linked loan from UAE banks to accelerate green infrastructure across Africa.

Abiola Olaniran, pioneering African Mobile Gaming founder, dies at 36

He provided initial funding for Techpoint Africa in 2015 and later served as CTO for ed-tech firm eLimu

Nigeria’s inflation slows in third consecutive month to 22.22%

The significant drop from May's 22.97% marks the slowest pace of price growth this year

truQ’s CEO walks after five years over co-founder dispute

Folusho Ojo will now take over leadership at truQ.

Chowdeck launches in Ghana, eyeing continental growth

Chowdeck expands into Ghana, marking its first international move beyond Nigeria. Can it thrive where Jumia Food and Glovo exited?

Ghana’s Central Bank mandates crypto firms to register by August 15

After 11 months of consultation, Ghana moves from crypto draft rules to action. VASPs must now register or risk getting shut out.

Nawy acquires SmartCrowd to expand into Middle East 

Nawy acquires Dubai-based SmartCrowd to expand into the Middle East, marking a major African-Gulf proptech deal.

Okra not dead: Shuts Nebula, doubles down on payments

Okra is restructuring its core payments business after shutting down its cloud service, Nebula. Despite exit rumours, the fintech remains active and is exploring new backers.

MultiChoice raises DStv and GOtv prices again in Kenya 

MultiChoice Kenya increases DStv and GOtv prices for the sixth time since 2022, effective August 2025, as Showmax gets cheaper.