Why Agribusiness is Africa’s Next Big Goldmine
Africa is sitting on a treasure chest worth trillions—yet it’s not hidden beneath the ground like gold or diamonds. It’s growing in the soil, swimming in the waters, and walking on the land. That treasure is agribusiness. With 60% of the world’s uncultivated arable land, a youthful workforce, a rising
Ajua and RMS merge as battle for customer experience services heats up
Ajua, a Kenyan consumer experience startup, has merged with Rate My Service (RMS), another Kenyan firm that builds tools for businesses to measure and improve customer and employee interactions. The merger reflects a growing push among Kenyan tech firms to consolidate capabilities and scale beyond their home market, as competition from
Top 10 Fastest-Growing Industries for African Entrepreneurs
Africa is not only a continent of untapped potential but a continent of unstoppable momentum. From fintech hubs to solar farms lighting up rural villages, African entrepreneurs are building solutions that solve local problems and scale globally. The opportunities have never been more exciting. With one of the world’s youngest
MyKreeb Launches V2.0: Smarter Rental Intelligence with Advanced Tenant Verification
Lagos, Nigeria (13th August, 2025) MyKreeb, a fast-growing PropTech startup, announces the launch of MyKreeb 2.0, itsupgraded home-rental intelligence platform, alongside a robust tenant verification tool — built tohelp landlords, realtors, shortlets, and property managers make smarter leasing decisions in Nigeria’scomplex housing market. “Renting a home in Africa is often
IHS Towers shares surge 8% after beating Q2 2025 expectations
IHS Towers shares surge 8%, with the company posting a second-quarter profit — a sharp turnaround from last year’s loss — as Nigerian currency stabilization and client tariff increases boosted its bottom line. The African continent’s largest independent mobile infrastructure provider reported net income of $32.3 million. This marks a
Chowdeck raises $9 million to fuel Nigeria, Ghana expansion
Y Combinator-backed on-demand delivery platform, Chowdeck, raises $9 million to fuel expansion into more cities across Nigeria and Ghana. The raise comes just a month after the company’s successful expansion into Ghana, signalling strong investor confidence in its hyper-local strategy for the African market. The round was led by pan-African
Today Africa Weekly: Tech news recap | August 4–10, 2025
Last week, August 4–10, 2025, the African startup ecosystem recorded modest but meaningful activity, driven by fresh capital inflows and infrastructure investments. Key themes included targeted infrastructure plays—particularly in payments and merchant tooling—and sustained investor interest in pragmatic, revenue-focused startups. In this edition of Today Africa Weekly, we round up
Investors cheer as Jumia Q2 2025 stock surges
Jumia Q2 2025 stock surges by 27% in early Thursday trading following the release of its earnings, as investors cheered results that signaled steady progress in the e-commerce company’s turnaround strategy. Shares rose from $4.58 to $5.82, lifting the company’s market capitalisation by roughly $150 million in a single session.
Kenya’s central bank to licence non-bank lenders exceeding $155,000
Kenya’s central bank to licence non-bank lenders with loan books exceeding $155,000, which will set for its biggest shake-up in Kenya’s credit market. Preparing rules that would bring every non-deposit-taking lender under its direct control for the first time. The proposed regulations will require any credit-only provider with at least KES
How Mobile Money is Changing Business Across Africa
Access to traditional banking services has historically been low in Africa. For decades, vast rural areas lacked physical bank branches, and even in urban centers, opening a bank account could be costly and time-consuming. But the rapid growth in communication technology—particularly mobile phone penetration—has created a leapfrog moment for African
