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
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
Can roaming turn things around for 9mobile?
Once a major force in Nigeria’s internet market, 9mobile now holds just over 1% of 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
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
South Africans ditch cash and cards for digital payments
A new “State of Consumer Payment” report by Stitch in partnership with a global research firm, Censuswide, shows
Starlink resumes direct shipments to Lagos, opens new office
Starlink resumes direct shipments to Lagos and other Nigerian cities, ending a seven-month suspension that began
Lumi Business launches offline mode to help merchants sell without internet access
A leading provider of payment, inventory, expense, and accounting management software for African SMEs Lumi Business,
Flutterwave cuts 50% of staff in Kenya and South Africa
Flutterwave cuts 50% of its staff in Kenya and South Africa to reduce costs and move
Wave raises $137 million in debt to expand mobile money services across Africa
One of Africa’s most valuable startups, Wave, raises $137 million in debt to drive expansion across
