Nigeria: Nigerian Firms Pile Into Short-Term Debt As Rates Soar

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Kenya: Kenya's Tech Sector Becomes Top FDI Destination After Policy Shift

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Cameroon: Cameroon Picks Sunon Asogli, China Energy for $312m Gas Plant

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Uganda: Uganda Stock Market Turnover Slumps As Small Trades Dominate

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Egypt: Eight Startups Join Egypt's Flagship Start It Incubation Programme

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Africa: Mest Targets Fintech Startups in 2025 Africa Challenge

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Morocco: Renew Capital Backs Morocco's Hypeo Ai to Scale Marketing Platform

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Central Africa: Cameroon's Alain Nkontchou Buys Nedbank's Stake in Ecobank for $100m

Ecobank Transnational Incorporated (ETI) has said that South Africa's Nedbank will sell its 21.22% stake in the group to Bosquet Investments The transaction, subject to regulatory… Read more »

Nigeria: Nigeria Tightens Digital Lending Rules With Heavy Penalties

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Africa: Ajua Merges With Rms to Expand African Customer Experience Reach

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South Africa: Street Wallet Gets $350k to Digitize Payments in SA's Informal Economy

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Nigeria: Major Nigerian Telco Globacom Asked to Split Chairman, CEO Roles

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Nigeria: Ihs Towers Cuts Capex, Refocuses On Core Markets After Asset Sales

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Ethiopia: Ethiopian Birr Hits Record Low On Parallel Market, Widening Forex Gap

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West Africa: Nigeria's Digital Divide Widens As Internet Adoption Stalls

Nigeria's telecommunications sector is experiencing a structural disconnect: data revenues are surging, but internet adoption is slowing Despite strong consumption among existing… Read more »

South Africa: Flood Raises $2.5m to Power Superapp Infra in Emerging Markets

South African startup Flood has raised $2.5 million in seed funding to scale its "SuperApp-as-a-Service" platform, designed to digitize offline retail in emerging markets The… Read more »

Africa: Visa Selects 22 Startups for Fourth Africa Fintech Accelerator

Visa has selected 22 startups for the fourth cohort of its Africa Fintech Accelerator, a 12-week virtual programme aimed at scaling fintech solutions The programme is part of… Read more »

Mozambique: Malawi's FDH Bank to Acquire 98.87 Percent Stake in Ecobank Mozambique

FDH Bank Plc has signed a definitive agreement to acquire a 98.87% stake in Ecobank Mozambique SA (EMZ) from Ecobank Transnational Incorporated (ETI) The deal marks a major… Read more »

Africa: Turnstay Raises $2m to Scale Travel Payments Across Africa

South African travel-focused fintech TurnStay has raised $2 million in seed funding to expand across African markets The round was led by First Circle Capital and joined by TLcom… Read more »

Nigeria: Airtel Nigeria Bets $120m On Ai With New Hyperscale Data Centre

Airtel Nigeria is investing $120 million to build a 38-megawatt data centre in Eko Atlantic, Lagos, with a core focus on powering artificial intelligence infrastructure The… Read more »

Ghana: C & I Leasing Scales in Ghana With 71 Percent Stake in Leasafric Logistics

C & I Leasing Plc plans to acquire a 71.15% stake in Leasafric Logistics Ltd, a Ghana-based subsidiary, as part of a broader push to expand its presence in West Africa' The… Read more »

Nigeria: Coronation Infrastructure Fund to List On Ngx After ₦8.79b Raise

The Coronation Infrastructure Fund (CIF) is set to be listed on the Nigerian Exchange (NGX) following a record-setting capital raise of ₦8.79 billion Managed by Coronation Asset… Read more »

Malawi: FDH Bank and Standard Bank Malawi Cross K4t Market Cap As Mse Surges

Two listed financial institutions--FDH Bank plc and Standard Bank Malawi plc--have each crossed the K4 trillion ($2.3 billion) market capitalisation mark FDH Bank's share price… Read more »

Egypt: National Printing Company Begins Trading On EGX After Public Offering

Shares of National Printing Company began trading on the Egyptian Exchange (EGX) on August 5, following the completion of its public offering The company sold 21.171 million shares… Read more »

Africa: F6 Group Launches New VC to Invest $90m Across Middle East and Africa

F6 Group has launched F6 Ventures, a new seed-stage investment firm managing over $90 million in assets across six funds The new VC arm sits alongside Flat6Labs, the… Read more »