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Africa’s EV leader Spiro partners with Afrobeats icon Davido

Spiro partners with Afrobeats star Davido to promote sustainable electric mobility across Africa, combining clean energy innovation with cultural influence.

News

GO54 Founder Opeyemi Awoyemi exits board after sale to South African rival

The deal marks Awoyemi's second successful exit as a founder, having previously founded and exited from Nigerian job board Jobberman.

News

Bento faces investigation over allegations of financial impropriety 

Okubanjo has been associated with lots of scandalous moments offering repeated hits to his reputation

News

Nigerian web hosting giant GO54 acquired by South African HOSTAFRICA

GO54 (formerly known as Whogohost), was founded in 2007 by Opeyemi Awoyemi while he was still a student at Obafemi Awolowo University.

News

Visa invests in Nigerian fintech unicorn, Moniepoint

Visa’s backing is a strong endorsement of our vision to digitize and support African businesses at scale, said Tosin Eniolorunda, Founder and Group CEO of Moniepoint

Funding

Naked secures $38 million to advance AI-driven Insurance in South Africa

The latest funding builds on Naked’s success in securing $17 million in a Series B round in February 2023.

Fintech

PalmPay eyes remittances as it mulls Asia Expansion

This move aligns with a growing trend among African fintechs to tap into the global remittance market, particularly in Asia

News

Piggyvest crosses ₦2 trillion payouts after most profitable year 

The fintech shared it paid out over ₦835 billion to its users in 2024, a 53% increase from its total payout in 2023.

News

CBN introduces new workflow and Naira payment solution to boost efficiency

CBN launches DocFlow and MDA Naira Payment Solution to streamline operations, cut costs, boost efficiency, and drive digital transformation in Nigeria’s financial system.

News

Nigeria’s inflation rises to 34.80%, as NBS site resumes service after one-month break

"Three weeks to resolve a hack is unusual. Shouldn't take more than a couple of hours to get a website back online," said one ethical hacker who explained the nature of the attack to Condia.

News

AWS now accepts payments in Naira, easing cloud access for Nigerian businesses

Nigerian tech companies can breathe easier as local currency payments would help ease the burden of dollar-priced cloud services on Naira revenues.

Funding Tracker

How African startups raised in 2024

Kenya leads the pack as African startups secure $2.01B in 2024 funding, showing resilience and a shift toward sector diversification

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