Nigeria’s Medsaf quietly shuts down after raising over $7 million to digitise drug supply

After raising $7M and working with 1,000+ hospitals, Nigerian health startup Medsaf has shut down due to FX shocks, investor pullouts and a failed acquisition attempt.

CAR’s Touadéra confirms $CAR land tokenisation platform launch, eyes natural resources next

Despite its rocky debut, the Central African Republic pushes its blockchain experiment further, launching a platform to sell tokenised land using the $CAR coin.

Netflix raises subscription costs in Nigeria third time since 2024

Netflix has raised subscription prices in Nigeria for the third time since 2024, with the Premium plan now at ₦8,500.

Moniepoint gains foothold in Kenya with 78% stake in Sumac

What didn’t work with Kopo Kopo, Moniepoint hopes to fix with Sumac, this time with a banking license in hand.

EXCLUSIVE: Access Holdings acquired ARM Pensions for ₦152 billion in 2024

The current business combination between Access pension and ARM is sure to give Stanbic IBTC Pension Managers some pressure in pole position.

MTN launches SIM delivery service in Johannesburg

MTN has launched Shesh@5G in Johannesburg—a 2-hour SIM and device delivery service redefining telecom convenience across Africa. The service brings 5G to your doorstep.

AUATON distances self from viral InDrive incident involving child locked in car boot 

AUATON Lagos has disassociated itself from a viral video of an InDrive driver placing a child in a car boot. The union demands an investigation and warns against unregulated driver onboarding.

Access Bank finalises National Bank of Kenya acquisition 

Access Bank has acquired Kenya’s National Bank in a $100M deal, signaling its bold expansion into East Africa’s competitive banking market.

Enugu launches EV assembly plant

Enugu State has launched an electric vehicle (EV) assembly plant in partnership with Stallion Group, marking a significant milestone in the adoption of clean energy.

What Nigerians are buying as smartphone prices rise in Africa

Nigeria's smartphone shipments fell 7% in Q1 2025 despite Africa's market growth.

Kenya’s Equity Group enters Health Insurance market as integrated banking model takes shape

Backed by strong digital platform growth, this expansion aligns with its growing digital footprint and strong financial performance.

Ebonyi launches EBOCAB, a state-run ride-hailing app

Ebonyi State has launched EBOCAB, a government-run ride-hailing platform aimed at modernizing transport. The state’s bold step marks Nigeria’s first public-sector ride-hailing initiative outside Lagos.