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
COMESA bets on new payment system to reduce dollar reliance
The Common Market for Eastern and Southern Africa (COMESA), a 21-country regional trade bloc representing over
Safaricom fires 113 employees over fraud
Kenya’s largest telco by subscribers and revenue, Safaricom, fires 113 employees over fraud, up from 95
Moniepoint bets $7.39 million on London expansion in UK remittance push
Moniepoint bets $7.39 million on London expansion in UK remittance push, and so far, it has
M-KOPA turns its first-ever profit as revenue surges 66% to $416m
After over a decade of investment and expansion across Africa, M-KOPA turns its first-ever profit as
Meta and NDPC Agree to Settle Their $32.8M Data Privacy Dispute Out of Court
Meta and the Nigerian Data Protection Commission (NDPC) have agreed to settle their $32.8 million data
Kenya’s crypto bill moves forward amid market uncertainty
Kenya’s crypto bill moves forward as the National Assembly approved the Virtual Asset Service Providers (VASP) Bill at
Tesh Mbaabu and Mesongo Sibuti unveil Cloud9 as their next venture
Tesh Mbaabu and Mesongo Sibuti, who stepped down from Kenyan social commerce platform Chpter, are launching
Chpter co-founders Tesh Mbaabu and Mesongo Sibuti step down
Kenyan social commerce platform Chpter co-founders, Tesh Mbaabu and Mesongo Sibuti step down from day-to-day operations effective
