Neither Nigeria nor Kenya dominates Bloomberg’s 2026 African startups to watch list

Bloomberg's 2026 Africa Startups to Watch list challenges the narrative of Nigerian and Kenyan dominance. Nigeria, Kenya, and South Africa each placed four startups on the ranking, while companies from 10 other African countries also made the cut.

EXCLUSIVE: Sycamore transitions to financial services group, following Microfinance Bank (MfB) licence

Sycamore, with ₦50 billion AUM, now operates three regulated businesses, lending, asset management and its own savings & deposit-taking product via microfinance bank licence

Sycamore’s X account has been compromised

Nigerian fintech Sycamore says its X account was compromised by an unauthorized party. The incident echoes past breaches like OPay’s 2022 Twitter hack.

Inside Sycamore’s ambition to become a financial powerhouse 

Sycamore co-founders talk about the company’s first six years, its evolution and ambitious plans, including the launch of its asset management arm with over ₦10 billion in assets under management.

Sycamore secures SEC licence, appoints new asset management head

Sycamore secures an SEC fund management licence and appoints Oluwagbenga Magbagbeola to lead its asset management arm.

“An App impersonated us,” Sycamore reacts to FCCPC delisting, distances itself from “Get Loan”

Following FCCPC's delisting, Nigerian fintech Sycamore says it was impersonated by a predatory lender named “Get Loan”.