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mPharma appoints Kwesi Arhin as new CEO

mPharma has appointed Kwesi Arhin as its new Chief Executive Officer, succeeding co-founder Gregory Rockson.

Fintech

Ivorian fintech Djamo secures first microfinance licence with no objection from the BCEAO

After three years, YC-backed Ivorian neobank Djamo secures the first microfinance licence in French-speaking West Africa with BCEAO approval.

News

216 Capital and Plug & Play launch accelerator focused on Tunisian startups

ANAVA-backed 216 Capital and Plug and Play, VISA Africa Fintech Accelerator partner to launch new accelerator for Tunisian startups.

Fintech

LemFi powers remittance to the Philippines with GCash partnership

LemFI announces remittance to the Philippines' leading mobile wallet, GCas,h which boasts 94 million users. Here are the details.

News

ARISE IIP secures $700M from Saudi investor to fast track industrial expansion in Africa

A $700M deal brings Saudi Vision Invest into ARISE IIP’s shareholder base, signaling Gulf capital’s rising role in Africa’s industrial future.

News

Afreximbank launches trade company to promote large scale trade in value added goods

Afreximbank launches ATDC with $1B pledge to boost intra African trade in minerals and value added goods at IATF 2025 in Algiers.

News

Women aged 30+ power Nigeria’s shipping boom

Women aged 30 to 35 powered Nigeria’s ₦8.8bn shipping boom in 2024, leading exports of clothing, food, and beauty products to the diaspora.

Mobility

Bolt becomes Nigeria’s most downloaded ride-hailing app, beating its peers

Bolt is now Nigeria’s most downloaded ride-hailing app, surpassing Uber and InDrive, as it expands to more cities and rolls out new features.

News

Leadway Holdings fully acquires  PAL Pensions in renewed battle for market share

Leadway Holdings acquires PAL Pensions in a merger with Leadway Pensure, creating one of Nigeria’s top three PFAs by assets.

News

Hux Ventures shuts down fund, transitions to studio

The team will now cofound and scale startups from inside.

News

Open banking in Nigeria: Lessons from abroad and the demands of compliance

Ose Umane, a financial services lawyer, uses global case studies to discuss what Nigerian fintechs should learn regarding Open Banking

News

After two years, Ethiopia’s Mamo Mihretu quits Central Bank post to chase “other passions”

Mamo Mihretu leaves after leading Ethiopia’s central bank through its boldest reforms in 50 years.

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