Fintech

BREAKING: LemFi expands to Europe. The journey so far.

LemFi, a fast-growing remittance startup with over 1M customers, and more than $33M in disclosed funding has expanded to Europe. Here is the journey so far.

Year in Review

African startups to watch in 2025

2024 has reached its tail end once again. The question on everyone's minds is what can the tech sector look forward excitedly in 2025?

News

Nigeria’s inflation surges to 34.60%, attaining 11-month high

The uptick in prices will be challenging for consumers who are keen to celebrate Yuletide next week with a possible plate of jollof rice.

News

Billboxx secures $1.6M in pre-seed funding to scale SME invoice financing platform

Billboxx has already processed over $4 million in invoice payments since launching its MVP in May 2023

Mobility

Nigerian startup Moove drives into US with Waymo partnership

This deal will see the African-based mobility service expand its services to the United States beginning 2025.

News

Standard Chartered to sell more banking units in Botswana, Uganda, Zambia

The decision comes as part of a wider initiative to enhance profitability in wealth management, the bank's new focus

News

Access Bank completes acquisitions of Standard Chartered bank subsidiaries

The banking group that boasts over 60 million customers has been on an acquisition drive as far back as 2018

Mobility

NIPOST is developing digital IDs for its courier services

This move is expected to revitalize NIPOST's logistics services, which have historically been criticized for poor performance.

Analysis

How Access Holdings’ Hydrogen, Oxygen X, Pension are minting billions in profits

The company's fintech, pension, and lending ventures have demonstrated profitability within two years of incorporation.

EdTech

Techstars-backed Lingawa raises $1.1M, pivots to language learning

Lingawa will cater to the diaspora market where Williams believes 20 million Africans exist, but half of them do not speak their mother tongue.

News

China’s billion-dollar Africa renewables soft power play

China’s growing involvement in Africa has taken a greener turn with its latest commitment being a $50 billion support for the continent’s energy transition.

Spotlight

10 Silicon valley venture firms that invest in African startups

African startups headquartered in the US received $471.8 million of the total 2020 funding. Here are 10 Silicon Valley investors that invest in Africa.

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