From Idea to IPO: African Startups Making Global Headlines
Africa’s tech scene has exploded in recent years, and its homegrown startups are hitting major milestones. Venture-capital-fueled growth has turned dozens of ideas into billion-dollar companies, and some are now taking the ultimate step of going public. In fact, by early 2025, nine African tech startups had reached “unicorn” status (valued over
Equity Group takes fraud fight to Uganda post-1,200 Kenya layoffs
Kenya’s second-largest bank by assets, Equity Group, takes fraud fight to Uganda, two months after sacking over 1,200 employees in Kenya over links to suspect dealings, including fraud. In Uganda, the bank has launched what it’s calling a “culture of accountability” campaign, a group-wide push to tighten internal controls, promote ethical behaviour,
Stitch acquires Efficacy Payments to become a direct card processor in South Africa
South Africa-based payments infrastructure company, Stitch acquires Efficacy Payments, a digital payments startup with direct access to the national clearing system. The acquisition gives Stitch control over every layer of the card payment stack, making it one of the first fintechs in South Africa to offer end-to-end card-acquiring services without
Top 17 African Women in Biz Making Waves This Year
Africa has the highest rate of women in biz (female entrepreneurship) in the world—and this is no coincidence. It’s a testament to the grit, creativity, and deep sense of community that define African women. Across the continent, women are not just starting businesses out of necessity; they are increasingly building
Can roaming turn things around for 9mobile?
Once a major force in Nigeria’s internet market, 9mobile now holds just over 1% of the country’s internet subscribers. As data becomes the lifeblood of telecom operators, the pressing question is: Can roaming turn things around for 9mobile? From a peak of 15.5 million internet subscribers in September 2015, the
Safaricom CEO becomes highest-paid NSE executive with $2.2 million
Safaricom CEO Peter Ndegwa earned a total compensation of KES 294.2 million ($2.2 million) for the financial year ending March 2025 — a 17% increase from the previous year. This record-setting pay rise comes as the telecoms giant rewards its top executives following a return to growth. Ndegwa’s compensation package
African startups raised $1.2 billion in H1 2025
African startups raised $1.2 billion in the first half of 2025, marking an 86% increase over the same period in 2024. This remarkable growth suggests that Africa’s tech ecosystem has not only recovered from last year’s funding slowdown but is also attracting larger, more diversified investments. While fintech and cleantech
How to Build a Startup Value Proposition That Resonates
Before launching Today Africa, we knew one thing for certain: the world doesn’t need another product nobody asked for. Too many founders pour months of energy, money, and passion into building something only to discover there’s no real demand. We didn’t want to make that mistake. At this early stage