Nigeria and South Africa are off the FATF grey list
Nigeria and South Africa are off the Financial Action Task Force’s (FATF) grey list, marking a
Nigerian digital lender Lidya shuts down operations
Nigerian digital lender Lidya shuts down operations despite raising $16.45 million and nearly a decade after
Kenya-based mobility startup Spiro raises $100m funding round
Kenya-based mobility startup Spiro raises $100m in funding to boost its mission of providing affordable and
Global Shop Group acquires Ivory Coast’s ANKA
New York-based company, Global Shop Group, acquires Ivory Coast’s ANKA, an Ivorian e-commerce startup that raised
Kenyans ask court to declare Mogo’s lending practices illegal
Mogo Auto Ltd, a Kenyan buy-now-pay-later (BNPL) firm popular among gig workers, has been hit with
Moniepoint raises $90 million to close Series C
Moniepoint raises $90 million to close Series C as Visa and Google deepen Africa bets, bringing
How the Amazon Web Services outage hit South Africa
On Monday, Amazon Web Services (AWS), the world’s largest cloud provider suffered a widespread outage that
Kenyan court orders Twiga Foods to pay ex-employee $7,800 for unfair dismissal
Twiga Foods, a Kenyan B2B startup, has been ordered to pay a former sales representative over
Rising costs leave 38% of Nigeria’s SMEs earning under ₦10k profit daily
38% of Nigeria’s SMEs make less than ₦10,000 ($6.78) in daily profit, according to Moniepoint’s 2025 Informal
Affinity Africa hits 100k customer milestone
Ghanaian digital banking startup Affinity Africa has surpassed 100,000 customers, a milestone the company says reflects
