News

EXCLUSIVE

Okra Co‑Founder Fara Jituboh exits months after startup’s pivot to cloud infrastructure

Fara Ashiru Jituboh

EXCLUSIVE

Nigeria’s telecom regulator greenlights MTN and 9Mobile’s three-year roaming deal

NCC criminalise telecom vandalism

EXCLUSIVE

Kenya’s cyber threat incidents surge to 2.54 billion in Q1 2025

cyberattack

EXCLUSIVE

PAPSS-backed payment card goes live in Abuja

PAPSS CARD LAUNCH

EXCLUSIVE

What CAC’s new AI portal means for startups and SMEs in Nigeria

CAC building

EXCLUSIVE

Off-grid solar pioneer d.light reaches $842M in consumer financing

d.light solar

EXCLUSIVE

MTN launches West Africa’s largest Tier III data centre with cloud services to rival Amazon, Google, others

MTN Nigeria executives

EXCLUSIVE

Starlink subscriptions drop in Kenya as ISP reopens signups

A Starlink kit facing the sky

EXCLUSIVE

Africa’s cybercrime crisis deepens as scam cases spike 3,000% across key countries

crypto scam

EXCLUSIVE

Seychelles dusts Nigeria, South Africa, others as it recieves 33% of Africa’s blockchain funding

Stablecoins and Africa

EXCLUSIVE

BAS Group acquires majority stake in Nigerian fintech Zuvy

Zuvy Co-founders, Angel Onuoha and Ahmad Shehu

EXCLUSIVE

Lagos adopts digital house numbering to boost tax revenue and formalise property sector

An estate in Lagos

EXCLUSIVE

Ethiopia mandates all government offices to accept digital payments in enforcement push

phone and app

EXCLUSIVE

South African fintechs unite to simplify in-store instalment payments

buy now, pay later

EXCLUSIVE

South Africans are spending $112k monthly in crypto to buy everyday items

A picture of physical bitcoin coin with a McDonalds store in the background

EXCLUSIVE

PaidHR sees opportunity in Africa’s small businesses, but the informal economy stands in the way

PaidHR co-founders Seye Bandele and Lekan Omotosho

EXCLUSIVE

Flutterwave secures Cameroon licence as part of Africa-wide expansion

Flutterwave

EXCLUSIVE

Chowdeck acquires Mira, signaling ambitions beyond delivery

Chowdeck Mira acquisition

EXCLUSIVE

Nigeria’s Bosun Tijani elected vice-chair of International Telecommunication Union

Nigeria’s Minister of Communications, Technology, and Innovation, Bosun Tijani

EXCLUSIVE

LemFi buys UK card issuer to expand remittance services as competition heats up

Lemfi founders, Ridwan Olalere and Rian Cochran

Fara Jituboh, co-founder of Nigerian fintech Okra, has stepped down as CEO/CTO to join UK startup Kernel. Her exit follows the launch of Okra’s Nebula, a cost-saving cloud product, and signals a shift in the company’s leadership as it evolves from open banking to infrastructure-focused growth.


The Nigerian Communications Commission (NCC) has approved a national roaming agreement that allows 9Mobile’s 2.8 million subscribers to connect to MTN towers when their own signal is weak.


Kenya’s cyber threat incidents surged to 2.54 billion in Q1 2025, prompting significant economic impacts and driving growth in the cybersecurity industry


Afreximbank, PAPSS, and Mercury Payment Services have introduced PAPSSCARD, the continent’s first Pan-African card scheme designed to reduce reliance on foreign payment systems.


Nigeria’s CAC has launched an AI-powered portal promising 30-minute business registration. For startups and SMEs, this could mean faster formalisation, easier access to finance, and fewer delays.


d.light has expanded its solar financing to $842M, aiming to reach 10 million Africans in two years with $2/week PayGo plans backed by Mirova and African Frontier Capital.


MTN has launched West Africa’s largest tier III data centre. Valued at over $253 million, the telco declared that Nigerian startups will no longer need AWS, Google, and others.


Starlink’s Kenyan growth has slowed with active subscriptions at just over 17,000. However, it has reopened sign-ups amid affordability challenges and licensing roadblocks across Africa.


Seychelles received the most blockchain funding in Africa over the past four years, accounting for 33% of the continent’s total in 2024


BAS Group acquires majority ownership of Zuvy to diversify lending services, citing Zuvy’s low non-performing loans and strong market presence.


Lagos is assigning digital IDs to every building to curb tax evasion, boost revenue, and improve urban planning


The Ethiopian government has mandated all public offices to accept payments from licensed digital platforms, marking a critical phase in the country’s digital transformation.


South African fintechs Float and Adumo team up to simplify in-store payments, enabling shoppers to split purchases into interest-free instalments using existing credit cards


Data from Luno Pay reveals South Africans spend $112,000 monthly in crypto to buy everyday items. 31,000 merchants now accept crypto payments in South Africa


Nigerian HR tech startup PaidHR has raised $2.3 million to revolutionise human resources operations for Africa’s 41 million small businesses.


Flutterwave has secured a payment licence in Cameroon, expanding its digital payment network to over 30 African countries and strengthening its presence in Francophone Africa.


Chowdeck has acquired restaurant software startup Mira in a bid to expand beyond food delivery and offer backend tools like inventory and sales management.


Bosun Tijani, Nigeria’s Minister of Communications, has been elected vice-chair of the ITU Council for 2025–2026. This is Nigeria’s first such leadership role in nearly 50 years and strengthens Africa’s role in global tech policymaking.


LemFi has acquired UK-based Pillar. As African fintechs like Grey, PalmPay, and NALA expand globally, competition in the remittance space is heating up, with startups racing to bundle FX, lending, and wallet services.


Okra Co‑Founder Fara Jituboh exits months after startup’s pivot to cloud infrastructure

Okra co-founder Fara Jituboh has exited the fintech just months after launching Nebula, its cloud infrastructure product, marking the end of a defining chapter in Nigeria’s open-banking space.

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Nigeria’s telecom regulator greenlights MTN and 9Mobile’s three-year roaming deal

MTN’s nationwide roaming deal lets 9Mobile users piggy-back on Nigeria’s widest network, promising stronger signals, fewer dropped calls, and a lifeline for the struggling operator.

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Kenya’s cyber threat incidents surge to 2.54 billion in Q1 2025

Kenya’s cyber threat landscape has exploded in early 2025, reaching 2.54 billion incidents within three months.

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PAPSS-backed payment card goes live in Abuja

Afreximbank, PAPSS, and Mercury launch PAPSSCARD, Africa’s first Pan-African card scheme to boost intra-continental trade.

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What CAC’s new AI portal means for startups and SMEs in Nigeria

Nigeria’s Corporate Affairs Commission has launched an AI-powered portal that can now complete business registrations in just 30 minutes. This aims to streamline the formalisation process, providing quicker access to essential services.

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Off-grid solar pioneer d.light reaches $842M in consumer financing

Over the next two years, d.light aims to bring solar power to 10 million Africans through an affordable $2-per-week financing plan.

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MTN launches West Africa’s largest Tier III data centre with cloud services to rival Amazon, Google, others

MTN has launched West Africa’s largest tier III data centre. Valued at over $253 million, the telco declared Nigerian startups will not need AWS, Google, others anymore.

Follow the story

Starlink subscriptions drop in Kenya as ISP reopens signups

Starlink subscriptions in Kenya have dropped, but the company has reopened sign-ups as it battles pricing and regulatory hurdles across Africa.

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Africa’s cybercrime crisis deepens as scam cases spike 3,000% across key countries

Africa’s cybercrime landscape is worsening as scam reports spike 3,000% in some countries. INTERPOL warns that phishing, ransomware, sextortion, and AI-driven fraud now threaten the continent’s digital future

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Seychelles dusts Nigeria, South Africa, others as it recieves 33% of Africa’s blockchain funding

Seychelles has received the most blockchain funding in Africa over the past four years, accounting for 33% of the continent’s total blockchain funding in 2024, according to CV VC’s African Blockchain Report.

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BAS Group acquires majority stake in Nigerian fintech Zuvy

BAS Group acquires a majority stake in Nigerian fintech Zuvy; founders exit to focus on YC-backed healthtech startup Avelis Health.

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Lagos adopts digital house numbering to boost tax revenue and formalise property sector

Lagos rolls out digital house numbering to tackle tax evasion, boost revenue, and improve service delivery as part of its smart city and economic reform agenda.

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Ethiopia mandates all government offices to accept digital payments in enforcement push

Ethiopia has mandated all government offices to accept digital payments from licensed providers. The directive advances the country’s digital economy agenda by formalising cashless transactions and promoting competition in public service delivery.

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South African fintechs unite to simplify in-store instalment payments

Float and Adumo have joined forces to bring seamless BNPL options to South African stores. The partnership lets shoppers pay in instalments at checkout.

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South Africans are spending $112k monthly in crypto to buy everyday items

South Africans spend $112,000 monthly in crypto to buy everyday items, according to data from Luno Pay, highlighting the growing adoption of digital currencies for routine purchases

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PaidHR sees opportunity in Africa’s small businesses, but the informal economy stands in the way

PaidHR’s cross-border payroll feature, launched to cushion Nigeria’s currency woes, now drives 15% of its revenue. With $1.8M in fresh funding, the startup plans to double down on it.

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Flutterwave secures Cameroon licence as part of Africa-wide expansion

Flutterwave has obtained regulatory approval to operate in Cameroon, strengthening its African expansion strategy.

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Chowdeck acquires Mira, signaling ambitions beyond delivery

Chowdeck has acquired Mira as it looks to become the operational backbone for food businesses across Africa.

Follow the story

Nigeria’s Bosun Tijani elected vice-chair of International Telecommunication Union

Bosun Tijani becomes vice-chair of the ITU Council 2025, marking a historic leadership role for Nigeria and boosting Africa’s influence in global digital governance.

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LemFi buys UK card issuer to expand remittance services as competition heats up

LemFi has acquired UK card issuer Pillar to expand its services beyond remittances. The move intensifies competition among African fintechs targeting diaspora users.

Follow the story

Fara Jituboh, co-founder of Nigerian fintech Okra, has stepped down as CEO/CTO to join UK startup Kernel. Her exit follows the launch of Okra’s Nebula, a cost-saving cloud product, and signals a shift in the company’s leadership as it evolves from open banking to infrastructure-focused growth.


The Nigerian Communications Commission (NCC) has approved a national roaming agreement that allows 9Mobile’s 2.8 million subscribers to connect to MTN towers when their own signal is weak.


Kenya’s cyber threat incidents surged to 2.54 billion in Q1 2025, prompting significant economic impacts and driving growth in the cybersecurity industry


Afreximbank, PAPSS, and Mercury Payment Services have introduced PAPSSCARD, the continent’s first Pan-African card scheme designed to reduce reliance on foreign payment systems.


Nigeria’s CAC has launched an AI-powered portal promising 30-minute business registration. For startups and SMEs, this could mean faster formalisation, easier access to finance, and fewer delays.


d.light has expanded its solar financing to $842M, aiming to reach 10 million Africans in two years with $2/week PayGo plans backed by Mirova and African Frontier Capital.


MTN has launched West Africa’s largest tier III data centre. Valued at over $253 million, the telco declared that Nigerian startups will no longer need AWS, Google, and others.


Starlink’s Kenyan growth has slowed with active subscriptions at just over 17,000. However, it has reopened sign-ups amid affordability challenges and licensing roadblocks across Africa.


Seychelles received the most blockchain funding in Africa over the past four years, accounting for 33% of the continent’s total in 2024


BAS Group acquires majority ownership of Zuvy to diversify lending services, citing Zuvy’s low non-performing loans and strong market presence.


Lagos is assigning digital IDs to every building to curb tax evasion, boost revenue, and improve urban planning


The Ethiopian government has mandated all public offices to accept payments from licensed digital platforms, marking a critical phase in the country’s digital transformation.


South African fintechs Float and Adumo team up to simplify in-store payments, enabling shoppers to split purchases into interest-free instalments using existing credit cards


Data from Luno Pay reveals South Africans spend $112,000 monthly in crypto to buy everyday items. 31,000 merchants now accept crypto payments in South Africa


Nigerian HR tech startup PaidHR has raised $2.3 million to revolutionise human resources operations for Africa’s 41 million small businesses.


Flutterwave has secured a payment licence in Cameroon, expanding its digital payment network to over 30 African countries and strengthening its presence in Francophone Africa.


Chowdeck has acquired restaurant software startup Mira in a bid to expand beyond food delivery and offer backend tools like inventory and sales management.


Bosun Tijani, Nigeria’s Minister of Communications, has been elected vice-chair of the ITU Council for 2025–2026. This is Nigeria’s first such leadership role in nearly 50 years and strengthens Africa’s role in global tech policymaking.


LemFi has acquired UK-based Pillar. As African fintechs like Grey, PalmPay, and NALA expand globally, competition in the remittance space is heating up, with startups racing to bundle FX, lending, and wallet services.