Author: Tapiwa Matthew Mutisi

Collect Africa, a Nigerian fintech startup founded to streamline payments for small businesses, has announced it will officially cease operations by August 31, 2025. After four years of building tools to simplify financial management for merchants, the company is shifting its focus entirely to a new venture: Autospend, a platform centered…

Revolut, the UK-based financial technology powerhouse, is preparing to make its debut in Morocco, signaling a strategic move into North Africa as part of its broader global expansion. This entry comes on the heels of major developments across Europe, where the company has been aggressively scaling its product offerings and…

Orange Money has entered into a strategic partnership with South African fintech company JUMO to provide mobile-based credit services to millions of unbanked and underbanked individuals across Africa. This collaboration aims to bridge the financial gap by enabling users to access microloans directly through their mobile wallets, without the need for traditional…

Carbin Africa, a fast-growing Nigerian B2B automotive startup, has announced a strategic partnership with TIM Motors, a Chinese automaker, to distribute a new line of passenger vehicles across Nigeria. This collaboration marks TIM Motors’ official entry into the consumer car segment, transitioning from its established footprint in commercial trucks and industrial transport. TIM Motors…

Sukhiba, the Kenyan startup known for its innovative use of WhatsApp in business communications, has officially rebranded to Flowcart. The rebrand marks a pivotal evolution in the company’s journey—from a chat-based customer support tool to a fully integrated, AI-driven conversational commerce and CRM platform designed for the mobile-first, messaging-centric future of retail. Founded…

Astron Energy, a subsidiary of Swiss commodities giant Glencore, has rapidly established itself as a dominant force in South Africa’s fuel industry. With a growing network of petrol stations and one of the country’s largest oil refineries, Astron is reshaping the competitive landscape traditionally led by brands like BP and TotalEnergies. Glencore entered the…

The African Local Currency Bond Fund (ALCB Fund), managed by Cygnum Capital, has successfully raised $30 million through the issuance of a 10-year bond under its Euro Medium Term Note (EMTN) programme. This milestone transaction marks the fund’s first investment from a private institutional investor—a UK-based insurance company—signaling growing international confidence in Africa’s local currency debt markets. Executed…

In a decisive move to accelerate its green mobility agenda, Uganda has introduced a comprehensive package of tax incentives aimed at stimulating the local assembly of electric motorcycles. This policy shift is a cornerstone of the country’s broader National E-Mobility Strategy, launched in 2024, which seeks to reduce greenhouse gas emissions, cut fossil fuel…

Ghana is preparing to join a growing cohort of African nations formalizing their approach to cryptocurrency regulation. By September 2025, the country is expected to begin licensing cryptocurrency exchanges, marking a significant shift from its previously cautious stance. This move places Ghana alongside regional leaders like Nigeria and South Africa, both of which have already…

Africa’s streaming industry is on a steady upward trajectory, with user numbers projected to reach 46.3 million by 2029. Despite this growing audience, the market’s revenue is expected to remain modest in the near term, with $5.4 million forecasted for 2025. Currently, the space is largely dominated by global giants Netflix and Amazon Prime Video.…

Standard Bank has played a pivotal role in securing the financial close of the Red Sands Battery Energy Storage System (BESS)—a landmark project that now stands as the largest standalone battery energy storage initiative in Africa to reach financial close. It is also the most substantial project awarded under South Africa’s Battery Energy Storage…

South Africa-based VALR, Africa’s largest cryptocurrency exchange by trading volume, has taken a major step in merging traditional finance with the digital asset ecosystem. The company has officially launched the Garrington Capital USD Private Credit Token (USDPC) on its platform—an innovative, yield-generating crypto asset that represents tokenized exposure to private credit investments…

Africa’s Business Heroes (ABH), the flagship philanthropic initiative of the Jack Ma Foundation, continues to deepen its impact across the continent. Designed to empower and celebrate visionary entrepreneurs from all 54 African nations, ABH is committed to fostering inclusive and sustainable economic growth through entrepreneurship. Over a ten-year period, the…

On the evening of Thursday, July 24th, Starlink, Elon Musk’s satellite internet service that has become a lifeline for remote communities worldwide, including here in Zimbabwe, experienced a rare and significant global outage. If your Starlink terminal started acting up around 9:00 p.m. Zimbabwean time, you weren’t alone. The entire…

Airtel Africa’s strategic partnership with SpaceX’s Starlink is rapidly gaining momentum, marking a significant leap in the continent’s digital connectivity efforts. As of July 2025, Starlink has secured operating licenses in 9 out of the 14 countries within Airtel Africa’s footprint, with regulatory approvals pending in the remaining five. This…

Gather Ventures, an impact investment firm founded by Kenyan-born Jo Opot, has launched a climate-focused investment fund dedicated to supporting women-led startups across Africa. The initiative is backed by the Clara Lionel Foundation, founded by global music icon and philanthropist Rihanna. The fund, known as the Gather Impact Fund, was established in 2021 with a mission to drive climate resilience…

One Acre Ventures, the newly launched investment arm of One Acre Fund, has announced a strategic investment in Enimiro Uganda, a vertically integrated agribusiness working with over 4,600 smallholder farmers. The investment, advised by IDH Invest, marks a significant step in scaling Enimiro’s operations and deepening its impact across Uganda’s agricultural sector. Enimiro specializes…

A critical security vulnerability in Microsoft’s SharePoint servers has triggered a rapidly expanding wave of cyberattacks, with the number of compromised organizations surging more than sixfold in just a few days, according to Dutch cybersecurity firm Eye Security. Initially estimated at around 60 victims, the tally has now climbed to over 400 organizations worldwide, including government…

A widespread cyberattack exploiting a vulnerability in Microsoft’s SharePoint servers has compromised several organizations in South Africa, according to Eye Security, a Dutch cybersecurity firm that first detected the breach last week. The attack is part of a broader global campaign that has affected approximately 400 entities, including government agencies, corporations, and other institutions. While the…

Airtel Africa Plc has reported robust financial results for the quarter ended 30 June 2025, showcasing strong growth across all key performance indicators and reinforcing its strategic focus on expanding digital and financial services across its 14 African markets. The telecommunications and mobile money provider posted revenue of $1.415 billion, reflecting a 24.9% increase in…