Africa's Tech Future, Today.
Wealth management platform Cowrywise has surpassed 1 million executed stock trades on its digital investment application. The milestone reflects expanding retail investor participation in the Nigerian Stock Exchange as young, tech-savvy users adopt automated equity trading tools.
Fintech and asset-financing platform M-KOPA has acquired Finnish software firm KilpiTek Oy for $8 million (approximately KES 1.04 billion). The acquisition brings core device-locking technology in-house as the company scales its pay-as-you-go credit offerings across African markets.
On-demand delivery platform Glovo has appointed Reni Onafeko as its Country Managing Director for Nigeria. Taking over from Lamide Akinola, Onafeko will drive the company's next expansion phase across key urban markets.
The Honor Magic9 Pro Max introduces key hardware updates across its imaging capabilities, battery technology, and processing systems. Designed for premium performance, the device combines upgraded telephoto optics with enhanced power efficiency and on-device features.
Rising Tide Africa has led a 1 million dollar investment round in Nigerian clean technology enterprise Ororo Waste. The capital injection will accelerate the collection and processing of used cooking oil for conversion into sustainable aviation fuel and industrial biofuels.
Airtel Money has set its initial public offering price at 1.96 pounds per share, securing an estimated market capitalization of 5.3 billion pounds, or approximately 7 billion dollars. The listing involves existing shareholders offering 270 million shares on the London Stock Exchange, establishing a major benchmark for African mobile payments.
An analysis of venture capital performance across Africa over the past ten years evaluates overall cash returns, liquidity events, and distributed capital. The findings highlight structural challenges in exit mechanisms while demonstrating how successful exits have concentrated within key regional technology hubs.
The Johannesburg Stock Exchange and the Technology Innovation Agency have partnered to run a 16-week pilot initiative for 10 South African tech SMEs. Focusing on health, agriculture, and fintech, the program aims to build investment readiness, refine pitches, and connect founders to capital providers.
The insolvency proceedings of Koko Networks (UK) Limited have hit a hurdle as administrators fail to secure viable offers for its carbon credit assets. With major debt liabilities looming, creditors face near-total losses as the British entity progresses through a formal wind-down.
The insolvency proceedings of Koko Networks (UK) Limited have hit a hurdle as administrators fail to secure viable offers for its carbon credit assets. With major debt liabilities looming, creditors face near-total losses as the British entity progresses through a formal wind-down.
Financial performance metrics from Guaranty Trust Holding Company highlight how its payment subsidiary HabariPay is scaling operations across Nigeria. The non-banking division's profit trajectory and asset growth demonstrate a deliberate push to capture market share from regional fintech rivals.
A commercial dispute involving $231,000 in unremitted funds led to the arrest of FlexPay directors following a complaint by Kenyan retail giant Naivas. The conflict highlights growing friction between established brick-and-mortar retailers and digital payment platforms operating in emerging markets.
Get a notification when something new is published.
Done. To stop them later, use the notification settings for this site in your browser.
