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Spiro raises $215M to scale Africa’s largest battery-swapping network
startups

Spiro raises $215M to scale Africa’s largest battery-swapping network

Spiro has secured a $215 million equity round from Impact Fund Denmark and Equitane to expand its battery-swapping infrastructure, manufacturing operations, and electric vehicle fl

Jun 1, 20262 min read
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Benjamin Dada

Latest News

Anchor allows AI agents to build on its infrastructure, following MCP server launch
startups

Anchor allows AI agents to build on its infrastructure, following MCP server launch

Anchor's MCP launch stands out in a market that favours conservativeness over innovation.

Jun 1, 20263 min read
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Benjamin Dada

OpenAI prepares for a $1 trillion IPO by September
startups

OpenAI prepares for a $1 trillion IPO by September

OpenAi prepares for massive $1 trillion IPO facilitated by Morgan Stanley and Goldman Sachs

Jun 1, 20262 min read
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Benjamin Dada

What most Nigerians get wrong about gift card rates and the trading ecosystem
startups

What most Nigerians get wrong about gift card rates and the trading ecosystem

Here's what most Nigerians get wrong about gift card rates and the trading ecosystem

May 31, 20267 min read
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Benjamin Dada

Stablecoins dominate as African startups raise $53 million in May
startups

Stablecoins dominate as African startups raise $53 million in May

African startups raised $228 million in May 2026, but $175 million came from Paymentology. Excluding that deal, startups raised just $53 million, making May the slowest funding mon

May 30, 20265 min read
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Benjamin Dada

Anthropic is now the most valuable Private AI Company on the Planet
startups

Anthropic is now the most valuable Private AI Company on the Planet

Anthropic surpass Open AI to become the most valuable Private AI company on the Planet after latest valuation.

May 29, 20263 min read
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Benjamin Dada

Ten years after Paystack: what Y Combinator’s African portfolio looks like
startups

Ten years after Paystack: what Y Combinator’s African portfolio looks like

Ten years after Paystack joined Y Combinator, the accelerator’s African portfolio reveals a story of fintech dominance, concentrated funding, and an ecosystem gradually building al

May 28, 20264 min read
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Benjamin Dada

Inside Asaba computer village: A bustling gadgets hub
startups

Inside Asaba computer village: A bustling gadgets hub

Inside Asaba Computer Village, a sprawling network of technicians, parts dealers, and apprentices keeps Nigeria’s smartphone economy running as inflation and currency depreciation

May 28, 20267 min read
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Benjamin Dada

When does Africa actually take back its independence?
startups

When does Africa actually take back its independence?

Borderless and African Angel Academy have launched a partnership to help African diaspora investors learn, organize, and collectively invest in African startups.

May 28, 20264 min read
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Benjamin Dada

Meta introduce premium tier for Facebook, Instagram and Whatsapp
startups

Meta introduce premium tier for Facebook, Instagram and Whatsapp

Facebook, Instagram and Whatsapp joins the paid subscription club

May 28, 20262 min read
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Benjamin Dada

Why Tether buys distribution while PayPal already owns it
startups

Why Tether buys distribution while PayPal already owns it

Two fintech giants with about 500 million users each have deepened their relationship with Africa. Learn how their profiles and end game differ.

May 26, 20265 min read
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Benjamin Dada

Meet the sectors breaking fintech’s monopoly in African venture funding
startups

Meet the sectors breaking fintech’s monopoly in African venture funding

Three new tech sectors crossed the $100 million threshold in equity financing in 2025

May 26, 20263 min read
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Benjamin Dada

DDoS attack expose South Africa’s cybersecurity oversight lapses
startups

DDoS attack expose South Africa’s cybersecurity oversight lapses

Nationwide DDoS attack hits Africa's biggest economy exposing frailties at the highest level

May 25, 20263 min read
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Benjamin Dada

Africa’s payments infrastructure needs to be rebuilt from scratch
startups

Africa’s payments infrastructure needs to be rebuilt from scratch

Africa's payments infrastructure needed to be rebuilt from scratch, so Maplerad is doing that.

May 24, 20265 min read
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Benjamin Dada

A double designer building a fashion tech to end the “what I ordered vs what I got” problem in Africa
startups

A double designer building a fashion tech to end the “what I ordered vs what I got” problem in Africa

Eazyfit founder Olamide Adeyi grew up in a family of fashion designers in Kwara State. Now, he is building a fashion-tech platform that connects customers with verified tailors and

May 23, 20265 min read
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Benjamin Dada

Checker hires ex-Verto Sales manager, Isaac Umejiaku, as talent war deepens
startups

Checker hires ex-Verto Sales manager, Isaac Umejiaku, as talent war deepens

In the highly contested cross-border payments space in Africa, will talent be enough to win?

May 22, 20262 min read
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Benjamin Dada

Why debt must be part of every African startup’s 2026 financing strategy
startups

Why debt must be part of every African startup’s 2026 financing strategy

Equity built Africa’s startup ecosystem but in 2026 the founders who scale will be the ones using debt as part of their financing strategy.

May 22, 20267 min read
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Benjamin Dada

Bitcoin to Naira: Transactions Surge as Nigerian Freelancers Embrace Crypto Payments
startups

Bitcoin to Naira: Transactions Surge as Nigerian Freelancers Embrace Crypto Payments

As remote work grows in Nigeria, freelancers are turning to crypto payments for faster global transactions.

May 22, 20263 min read
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Benjamin Dada

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