Africa: Njiapay Gets $2.1m to Expand Payment Orchestration Platform in Africa

NjiaPay has raised $2.1 million in seed funding to expand its payment orchestration platform across Africa, which was led by Newion. The company said the capital will be used to… Read more »

Zambia: Padue Partners Fastercapital to Launch On-Demand Services in Zambia

Padue has partnered with FasterCapital through its EquityPilot program to prepare the launch of an all-in-one on-demand services platform. Read more »

Africa: Orca Fraud Raises $2.35m to Expand Payment Monitoring Across Em

Orca Fraud has raised $2.35 million in seed funding to expand its real-time fraud monitoring platform across Africa and other emerging markets. Read more »

Cote d'Ivoire: Ivory Coast Grants Two Lithium Exploration Permits Amid Metals Race

Côte d'Ivoire has granted 2 new lithium exploration permits as the country seeks to expand its mining sector and position itself in the global supply chain for battery… Read more »

Africa: MSC Imposes War Surcharge On Africa Routes As Shipping Risks Rise

Mediterranean Shipping Company will add new charges on several trade routes to Africa as tensions in key maritime corridors disrupt global shipping. Read more »

Central African Republic: Banks Dominate Cemac Debt Market As Treasury Securities Hit 9.5t Xaf

Government borrowing in the Central African Economic and Monetary Community remains concentrated among banks, according to the latest Treasury Securities Monthly Statistics. Read more »

Benin: AfDB Backs Benin Deposit Fund With $330,000 to Boost SME Financing

The African Development Bank will provide $330,000 in financial and technical support to the Caisse des Dépôts et Consignations du Bénin to help expand… Read more »

Senegal: Senegal Plans to Slash Agency Count to Cut Spending

Senegal plans to eliminate 19 public entities as part of a government program to streamline state structures and reduce budget pressure. Read more »

Congo-Kinshasa: BII Commits $25m to Rawbank to Expand SME Lending in DR Congo

British International Investment committed a $25 million senior loan to Rawbank to expand lending to small and medium-sized enterprises and non-mining companies in the Democratic… Read more »

Africa: Weego Raises $1.1m to Expand Mobility Platform Across Africa

Weego, a Moroccan-Senegalese mobility startup, raised $1.1 million in a funding round led by Azur Innovation Fund to expand its transport platform across Africa. Read more »

Africa: Multichoice to Shut Down Showmax Streaming Service After 11 Years

MultiChoice Group said it will shut down its streaming platform Showmax after 11 years of operation as the company reviews its digital strategy. Read more »

Ethiopia: Gebeya Partners M-Pesa Ethiopia to Launch Ai Tools Subscription

Ethiopian AI platform Gebeya has partnered with M-Pesa Ethiopia to launch a new subscription product that gives users access to artificial intelligence creation tools through… Read more »

Africa: Google Opens Applications for Africa-Focused Ai Accelerator

Growth-stage startups across the continent can now apply for Google Accelerator Africa 10, a three-month hybrid program targeting companies building AI-driven solutions. Read more »

Egypt: Egypt's Moneyhash Partners With Wayl to Expand Into Iraq

Egypt-based MoneyHash has entered the Iraqi market through a new partnership with Wayl, a local payment solutions provider and merchant of record. Read more »

Nigeria: Nigeria Signs $1.3b Deal With AFC for Alumina Refinery

Nigeria has signed a $1.3 billion agreement with the Africa Finance Corporation to build an alumina refinery that will process bauxite locally and expand the country's role in the… Read more »

Kenya: Nedbank Secures Waiver to Pursue 66 Percent Stake in Kenya's NCBA

Nedbank Group has received a regulatory waiver in Kenya that allows it to proceed with its plan to acquire about 66% of NCBA Group without launching a full takeover. Read more »

Nigeria: Chowdeck Partners Mycovergenius On Accident Insurance for Riders

Chowdeck has launched a personal accident insurance scheme covering more than 20,000 riders on its platform through a partnership with Nigerian insurer MyCoverGenius. Read more »

South Africa: JSE Profit Surpasses R1 Billion As Market Rally Lifts Trading

The Johannesburg Stock Exchange reported record results for the year ended Dec. 31, 2025, with net profit after tax rising 16.7% to R1.07 billion. Read more »

South Africa: Standard Bank Signs Four-Year Deal to Sponsor Bafana Bafana

Standard Bank confirmed it has signed a four-year sponsorship agreement with the South African Football Association, backing Bafana Bafana and all national football teams ahead of… Read more »

Africa: Nedbank Earnings Rise 2 Percent After Ecobank Exit and Transnet Settlement

Nedbank Group reported a 2% increase in headline earnings to R17.2 billion for the year ended Dec. 31, 2025, as it completed the sale of its Ecobank stake and settled a dispute… Read more »

Africa: GSMA Secures Oem Backing for $40 4g Smartphone Rollout in Africa

The GSMA has secured commitments from 18 smartphone manufacturers to support the rollout of a $40 4G smartphone aimed at reducing Africa's mobile internet usage gap. Read more »

Africa: Female Representation Falls As African Tech Funding Rebounds

Gender diversity declined in African tech funding in 2025 even as total investment volumes recovered, according to the latest African Tech Startups Funding Report by Disrupt… Read more »

Morocco: Moroccan Startup Colis Opens First European Agency in Brussels

Moroccan cross-border logistics startup Colis has opened its first international agency in Brussels, marking its entry into the European market. Read more »

Ghana: Ghana's Fido Secures $5.5m Debt to Expand Digital Lending

Fido Ghana has secured $5.5 million in debt financing to expand its digital lending operations and scale its platform in Ghana and Uganda. Read more »

West Africa: Nigeria Extends Shea Export Ban to Boost Local Processing

Nigeria has extended its ban on the export of raw shea nuts for another year, reinforcing its push to expand domestic processing and retain more value from one of its key… Read more »