Startups
In nearly a decade, hundreds of entrepreneurs have emerged with innovative startups across the African continent. We provide insights on their experiences and highlight the activities of investors who fund them.
Top stories
Revolut has hired former Uber executive Amine Berrada to lead its Morocco operations as it eyes licences in the country and South Africa.
Exclusive: Founded by former Jumia executives, customers of Nigerian fintech, Lidya are struggling to withdraw funds as CEO and CTO exit the company. Employee salaries also remain unpaid.
The Zobe Ring houses a passive NFC chip that uses tokenised credentials to handle contactless payments, share contact info and unlock devices. It’s battery‑free and works with existing credit and debit cards.
Visa has opened its first African data centre in South Africa, backed by a R1bn investment to boost fintech growth, speed up transactions, and meet rising data localisation demands.
MTN is courting startups with a cloud accelerator, but it must overcome technical gaps and stiff global competition to gain traction with startups and corporates alike.
Former Paystack employee, Temi Giwa, has raised over $130,000 on Kickstarter, for Tru, an ankle-based step tracker, which can be embedded in swappable jewellery accessories.
Itana has launched what it calls Africa’s first full-stack AI and data growth zone, providing local GPU clusters and data infrastructure to help AI startups and researchers on the continent train models that can compete globally.
What started as a response to a Google deranking has evolved into Demfati, an event management solution based in Calabar that simplifies ticketing, e-voting, forms, and cinema bookings in Nigeria.
Rally Cap has partially exited South African fintech Stitch after its $55M Series B, signalling growing momentum for investor exits in Africa’s startup ecosystem.
Borderless is building the infrastructure to help African diaspora collectives invest back home, starting with startups and real estate.
Finnova is a Nigerian startup simplifying banking for millions of users through its WhatsApp embedded chatbot.
With zero funding, three founders built Nestuge — a platform helping creators sell courses, communities, and content — paying out ₦500 million ($326,000) to Nigerians in just two years.
In a rare move for a Nigerian startup, Payaza raised and repaid ₦14.9bn in commercial paper. CEO Seyi Ebenezer shares how robust internal structures and discipline made it possible and why others should follow suit.
truQ Co-founder Williams Fatayo has stepped down as CEO after a conflict with COO and Co-founder Folusho Ojo.
After a decade-long career as a scientist in the UK and Canada, Ayola Abubakre returned to Nigeria to solve a problem he faced as an artist. Now he’s building ConnectAfrobeats, a LinkedIn for Afrobeats
LemFi debuts in Egypt, opening fee-free remittances to capture a share of the diaspora’s $20.6 bn inflows—its 31st corridor in a UK-to-Cairo push—sparking competition for Egypt’s diaspora cash.
Feexet is a social enterprise committed to solving Nigeria’s overlooked problems, chief of which is pollution. The startup operates a two-pronged model where its digital services business funds its social impact projects.
Roqqu acquires Kenyan crypto startup Flitaa in Africa’s first public intra-crypto consolidation, signalling a broader push by Nigerian startups into East Africa amid tightened funding.
Stitch has acquired Efficacy Payments, its second acquisition in just six months, becoming one of the few South African fintechs to offer direct card acquiring services without intermediaries.
Advantage Health Africa has launched a zero-interest BNPL service, offering Nigerians up to ₦50,000 in medication with 30 days to pay.