DisrupTech Ventures invests in Morocco’s YC-backed Chari
Chari, a Moroccan Y Combinator-backed B2B e-commerce startup, has raised an undisclosed amount from DisrupTech Ventures, an Egypt-based early-stage venture capital firm, as part of its Series A extension round. In October, Chari raised $12 million in a Series A round, led by SPE Capital and Orange Ventures, with participation from Verod-Kepple,
Spotify hits 713 million active users & 281 million premium subscribers
The world’s biggest music streaming platform, Spotify, hit 713 million active users, crossing 713 million monthly active users. This represents an 11% jump from last year, surpassing analyst projections and reaffirming the company’s grip on the global streaming scene. Of the total figure, 281 million are premium subscribers, indicating strong loyalty
MultiChoice cuts decoder prices in Kenya as pay-TV losses mount
MultiChoice cuts decoder prices in Kenya in a festive-season push to woo new customers after losing over three million subscribers in the past year. New customers will now pay KES 850 ($6.60) for a DStv Zapper decoder, down from KES 1,199 ($9.30), and KES 799 ($6.20) for a GOtv decoder,
Safaricom works to restore M-Shwari after outage
Kenya’s largest telco, Safaricom, works to restore M-Shwari, its mobile savings and loan product, after a more than three-day outage left users unable to view or withdraw their funds. The disruption, which began mid-last week, sparked frustration among customers whose account balances showed zero despite having savings. The outage comes
Chowdeck crosses one million monthly orders in Nigeria
Chowdeck crosses one million monthly orders in Nigeria, a new milestone for the YC–backed food delivery startup that has rapidly expanded across Nigerian cities and into Ghana. The achievement marks a sharp rise in daily order volumes from an average of about 30,000 a few weeks ago to over 40,000,
Today Africa Weekly | October 27 – November 2, 2025
Last week (October 27 – November 2, 2025), you probably missed something big in Africa’s startup space. It was that kind of week with startups launching bold ideas, others bowing out, and a few surprise funding wins that got everyone talking again. There’s a certain rhythm to it now; the
PayPal attacked days after OpenAI deal
PayPal has found itself at the center of a major scam alert, just days after announcing a partnership with OpenAI to bring payments directly into ChatGPT by 2026. Cybercriminals are reportedly using fake invoices to trick PayPal users into sharing sensitive information. The attack was first flagged by security researchers
MTN partners with Microsoft to unveil EVA 3.0 in South Africa
MTN partners with Microsoft to complete a major modernisation of its Enterprise Value Analytics (EVA) 3.0 in South Africa by migrating it to Microsoft Azure. The new cloud-based EVA 3.0 platform gives MTN greater agility and intelligence in how it uses data to enhance customer experience, improve operational efficiency, and enable
Chams Holding’s revenue drops 40.65% between Q2 and Q3
Chams Holding’s revenue fell 40.65% quarter-on-quarter, dropping from ₦6 billion in Q2 2025 to ₦3.56 billion in Q3 2025. The company’s Q3 performance also marks a 25.78% decline compared to ₦4.8 billion in the same period last year. Administrative expenses rose by 7.57% between Q2 and Q3. Despite a decline






