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
Flutterwave partners with Polygon to bring stablecoin payments to African merchants
Flutterwave is taking a big step toward making digital currencies more useful for businesses in Africa. The fintech giant has partnered with Polygon, a popular blockchain network, to let merchants send and receive payments using stablecoins, digital currencies pegged to traditional money like the US dollar. Under this multi-year deal,
MTN Nigeria declares first dividend since 2023 after returning to profitability
After two years of heavy losses, MTN Nigeria is finally back in profit. The telecom company made a ₦750.19 billion ($522 million) profit after tax in the first nine months of 2025, a huge change from the ₦514.9 billion loss it recorded during the same period last year. This return
Everything we don’t know about Grokepedia
It’s been two days since Elon Musk unveiled his latest venture, Grokipedia, a new platform built to “fix what’s broken” in online information. First teased in late September 2025, Grokipedia is Musk’s self-described “truth engine,” developed by his xAI team and positioned as “a massive improvement over Wikipedia” and “a






