Top 100 Business Ideas in Comoros This Year
Starting a small business in Comoros can be rewarding, especially if you identify a niche that meets local needs or leverages your skills. From online-based services to traditional enterprises, here are 100 small business ideas in Comoros that you can start with relatively low capital. About Comoros The Comoros is
100 Business Ideas in Sao Tome and Principe This Year
Starting a small business in Sao Tome and Principe can be rewarding, especially if you identify a niche that meets local needs or leverages your skills. From online-based services to traditional enterprises, here are 100 small business ideas in Sao Tome and Principe that you can start with relatively low
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9 Unicorns in Africa [Everything You Need to Know]
The African tech ecosystem has witnessed a remarkable transformation over the past two decades, giving rise to a new generation of billion-dollar companies known as unicorns. These companies, spanning sectors such as fintech, digital banking, and cross-border payments, have not only disrupted traditional industries but also attracted global investment and
FairMoney grew revenue to ₦121.9 billion in 2024
Nigerian consumer-focused lending fintech, FairMoney grew revenue to ₦121.9 billion in 2024, as it relied on customer deposits for lending operations, according to its unaudited financial report. The company’s profit after tax rose to ₦7.9 billion from ₦780 million in 2023. For the first time since FairMoney began accepting deposits in
Chowdeck hires Bolt manager to lead Ghana operations
YC-backed Nigerian food delivery startup, Chowdeck hires Bolt manager, Henry Whyte to lead its Ghana operations, marking a key step in its international expansion. This hiring comes 10 months after the company tapped another senior manager at Bolt, Umar Nas’ir, to head its Nigerian operations. A spokesperson for Bolt confirmed
Saad Kassis-Mohamed awarded Forbes 30 Under 30 & Presidential award for Social Impact
Saad Kassis-Mohamed has been honored as a Forbes 30 Under 30 & Order of Republic recipient in the Social Impact category, recognizing his transformative work in sustainable finance, ethical business practices, and global philanthropy. This prestigious accolade celebrates his commitment to leveraging finance as a tool for positive social change
In Zimbabwe, Avalon Health’s AI has reduced patient wait times from 45 to 20 minutes
In Zimbabwe, Avalon Health’s AI has reduced patient wait times from 45 to 20 minutes. The country’s public healthcare system struggles with inefficiencies, with a ratio of just two doctors per 100,000 people — far below the World Health Organization’s recommended one doctor per 1,000. Specialists often juggle consultant roles
Umba raises $5 million to grow vehicle and SME lending in Kenya
Nairobi-headquartered digital bank with operations in Kenya and Nigeria, Umba raises $5 million to grow its secured lending operations in Kenya, targeting vehicle financing and small and medium enterprises (SME) loans. The move is part of a broader shift by Kenyan neobanks from short-term, high-interest digital loans to focus more
PayTic raises $4.4 million to scale SaaS platform
Morocco-based fintech that helps banks and fintechs automate their operations, PayTic raises $4.4 million to deepen its presence in the Middle East and Africa and expand its global distribution partnerships. AfricInvest led the funding round with participation from Accion Venture Lab and Mistral VC. Existing investors, including CDG Invest, BVC,
Kenyan and Nigerian startups affected as US pulls out $51 million in funding
Kenyan and Nigerian startups affected as the US Africa Development Foundation (USADF), which has supported over 1,000 businesses across 22 African countries, slashed $51 million in funding for African SMEs and startups, threatening cooperatives, smallholder farmers, and early-stage ideas across sub-Saharan Africa. The cuts, announced by the Department of Government Efficiency (DOGE)—an
