News

Bujeti is harnessing AI to become the virtual CFO for African businesses

Bujeti started with corporate cards. Now, it is using AI to help African businesses manage money, understand finances, and make better decisions.

News

Kenyan court cancels Vodacom’s takeover of East Africa’s most valuable listed company

Kenya’s High Court has cancelled Vodacom’s Safaricom deal, ruling the sale of the government’s 15% stake unconstitutional.

News

Dangote Refinery tokenised IPO draws ₦9.25M onchain in the first 24 hours, data shows

Buyers now hold 17,618 shares roughly 2.3% of the 761,905 tokens minted so far, according to Afriflux’s live dashboard.

News

Kenyan creator-commerce platform gets funding from German non-profit VC

HustleSasa, a Nairobi-based creator-commerce platform, has raised new funding from Impacc, a German non-profit venture capital firm.

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Madica expands into Algeria and Cameroon with five new African startup bets

Madica has made its first investments in Algeria and Cameroon, backing five African startups as it expands its pre-seed bets into overlooked markets.

Funding

Partech leads $13 million investment in Synapse Analytics series A funding

Synapse Analytics, an AI-powered fintech company, has secured $13 million in Series A funding led by Partech with participation from Algebra Ventures and Silicon Badia.

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Kenyan startup enters administration after raising nearly $200 million

Twiga Foods' GT Flow Limited has entered administration after years of layoffs, debt, and a failed restructuring, as creditors move in.

News

dLocal gets Enhanced Payment Service Provider licence from the Bank of Ghana

dLocal's Ghana subsidiary, dLocal Ghana Limited, has received an Enhanced Payment Service Provider (EPSP) licence from the Bank of Ghana.

News

TLG Capital backs Drive45 with $3 million to expand mobility across Nigeria

The deal combines TLG's private credit with a guarantee from Cascador, delivered in partnership with Morgan Stanley.

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CreditChek kickstarts East Africa expansion with Algosys acquisition

Creditchek has acquired Uganda’s Algosys as the Nigerian fintech expands into East Africa and builds a broader lending infrastructure platform.

News

FCCPC opens probe into Uber’s Nigeria exit

If the FCCPC finds Uber in breach, the commission can impose administrative fines of up to 10% of the company's prior year turnover in Nigeria.

News

Fintech giant, OPay reaffirms commitment to Nigeria

OPay reaffirmed its commitment to Nigeria at a town hall in Lagos, highlighting its continued operations and long-term investment in the country.