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startups News

Why Spiro is partnering with Kenya’s most successful football club
startups

Why Spiro is partnering with Kenya’s most successful football club

Spiro Kenya has signed a one-year partnership agreement with Gor Mahia Football Club. Discover what it reveals about Africa's startup ecosystem.

Jul 15, 20264 min read
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Benjamin Dada

Moniepoint taps former Branch Kenya CEO to head its Kenya operations
startups

Moniepoint taps former Branch Kenya CEO to head its Kenya operations

Moniepoint has appointed former Branch Kenya CEO Rose Muturi to lead its Kenyan business following its acquisition of Sumac Microfinance Bank.

Jul 15, 20262 min read
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Benjamin Dada

South Africa’s Cue raises $5 million to expand its AI service agents
startups

South Africa’s Cue raises $5 million to expand its AI service agents

Cape Town founded Cue has secured it's largest funding yet. It was co-led by Knife Capital and FAM investments.

Jul 15, 20262 min read
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Benjamin Dada

Rwanda designates eKash as national instant payment system
startups

Rwanda designates eKash as national instant payment system

Rwanda has launched eKash as its national instant payment system, capping transaction fees at RWF 20 ($0.01).

Jul 15, 20262 min read
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Benjamin Dada

Zeepay’s dedicated e-money licence revoked over unbacked balances
startups

Zeepay’s dedicated e-money licence revoked over unbacked balances

The Bank of Ghana has revoked Zeepay Ghana Limited’s Dedicated Electronic Money Issuer license effective immediately on July 14, 2026.

Jul 14, 20263 min read
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Benjamin Dada

Morocco’s central bank cuts electronic payment fees
startups

Morocco’s central bank cuts electronic payment fees

Morocco will cap domestic card payment interchange fees at 0.50% from October 2026 as the central bank pushes to lower costs and expand digital payments.

Jul 14, 20262 min read
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Benjamin Dada

Global payments startup Adyen acquires Orb to provide billing software for enterprises
startups

Global payments startup Adyen acquires Orb to provide billing software for enterprises

Adyen, a global payments company, has announced plans to buy Orb, a company that provides billing software for large businesses.

Jul 13, 20265 min read
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Benjamin Dada

Payaza expands to Australia and New Zealand to tap cross-border trade corridors
startups

Payaza expands to Australia and New Zealand to tap cross-border trade corridors

Nigerian fintech Payaza has launched in Australia and New Zealand after securing key regulatory approvals.

Jul 13, 20263 min read
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Benjamin Dada

PayPal’s Xoom partners with Flutterwave to speed up money transfers to Nigeria
startups

PayPal’s Xoom partners with Flutterwave to speed up money transfers to Nigeria

Xoom, a money transfer service owned by PayPal, has partnered with Flutterwave to enable users to send money directly to Nigerian bank accounts.

Jul 10, 20262 min read
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Benjamin Dada

Why Gigbanc lost Africa’s cross-border payments race
startups

Why Gigbanc lost Africa’s cross-border payments race

Despite raising over $1 million and onboarding over 150,000 customers, the fintech is shutting down due to high infrastructure and compliance costs.

Jul 10, 20265 min read
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Benjamin Dada

Shiprazor, Oze, Regxta and 12 others get funding from Renew Capital
startups

Shiprazor, Oze, Regxta and 12 others get funding from Renew Capital

African early-stage investment firm Renew Capital has selected 15 companies for investment through its inaugural venture lab, EmFi Series.

Jul 9, 20266 min read
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Benjamin Dada

Vercel acquires Ethiopian-founded Better Auth
startups

Vercel acquires Ethiopian-founded Better Auth

Vercel has acquired Ethiopian-founded Better Auth for an undisclosed amount, bringing founder Bereket Engida and his team onboard to accelerate secure identity infrastructure for A

Jul 9, 20262 min read
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Benjamin Dada

Why Tether, Circle and Ripple are betting on African fintechs
startups

Why Tether, Circle and Ripple are betting on African fintechs

Global stablecoin issuers are betting on the continent's biggest fintechs to drive distribution.

Jul 8, 20268 min read
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Benjamin Dada

YC alum Timon gets funding and expands into Kenya after crossing 100,000 users
startups

YC alum Timon gets funding and expands into Kenya after crossing 100,000 users

After reaching 100,000 users, Timon has secured funding from Alliance and launched in Kenya, betting on stablecoins to power cross-border travel payments for Africans.

Jul 8, 20262 min read
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Benjamin Dada

Morocco’s biggest bank launches instant homeward transfers
startups

Morocco’s biggest bank launches instant homeward transfers

Attijari Transfer facilitates instant transfers to Moroccan bank accounts.

Jul 7, 20262 min read
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Benjamin Dada

The tech startups solving problems in Nigeria’s Delta State
startups

The tech startups solving problems in Nigeria’s Delta State

While Lagos continues to dominate Nigeria's startup ecosystem, innovation is beginning to take root in the country's oil-rich Delta State.

Jul 7, 20265 min read
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Benjamin Dada

Nigeria targets Big Tech, AI firms over AI training data
startups

Nigeria targets Big Tech, AI firms over AI training data

The companies are being investigated over allegations of unfair market dominance and the use of copyrighted materials to train AI models.

Jul 6, 20263 min read
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Benjamin Dada

FoodCourt’s shutdown is a reminder of how hard the food business really is
startups

FoodCourt’s shutdown is a reminder of how hard the food business really is

Demand alone isn’t enough in food tech. Here is why tech-enabled food businesses struggle in Nigeria.

Jul 6, 20267 min read
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Benjamin Dada