The Moove pitch that became a debt trap for Lagos drivers

Moove's pitch is seductive: democratize vehicle ownership in a market where credit is scarce. But for drivers like him, the math has quickly turned predatory.

Chui Ventures closes $17.3M Fund I to back African startups

Chui Ventures has closed its $17.3M Fund I to support African founders building tech-led solutions and expand its gender-inclusive investment strategy.

Condia Insider: Why B2B keeps winning in Africa

A look at why B2B startups keep outperforming B2C in Africa, driven by informal retail networks, and stronger unit economics.

New report exposes the income, spending, and remittance patterns of Nigerians in the UK

The 2025 OhentPay UK–Nigeria Remittance Report reveals how Nigerians in the UK earn, spend, and send money home, highlighting income shifts, Black Tax pressures, and the growing support for African-owned businesses

Condia Insider: Can state-backed VC work?

Nigeria joins Egypt, Morocco, and Senegal in state-backed venture capital. Will government funding boost Africa’s tech ecosystem?

Saudi startup Stream raises $4 million to fix payments for MENA businesses

Saudi fintech Stream has raised $4 million in seed funding to simplify how businesses across MENA bill and collect payments.

Condia Insider: Thepeer faces a peer review

In this letter, we explore: Thepeer drama isn’t over yet, Flutterwave bets big on stablecoins with Polygon, Meta eyeing major talent restructuring.

How African startups can leverage AI for funding

Across Africa, most startups struggle to access funding, but AI is changing that. From digital bookkeeping and credit scoring to more innovative investor matching, learn how artificial intelligence can help informal and formal entrepreneurs build credibility, attract capital, and turn small ventures into sustainable businesses.

Egypt’s Tagaddod raises $26.3 million to turn waste into clean fuel

Egypt’s Tagaddod raises $26.3M Series A led by The Arab Energy Fund to expand its renewable feedstock operations across three continents.

Nala, Wave, Stitch, and nine other African startups make Norrsken’s 2025 Impact 100 list

12 African startups made the 2025 Norrsken Impact/100 list, driving fintech, agritech, cleantech and climate innovation across the continent.

Mastercard deepens Africa strategy with Smile ID investment and partnership

Mastercard’s investment in Smile ID strengthens the global payments giant's Africa strategy. Here is what you need to know.

Kuda CEO outlines three rules for taking Nigerian fintech cross border

Kuda CEO Babs Ogundeyi outlines trust, credibility, and cultural export as key strategies for Nigerian fintechs to scale internationally.