Latest News
Tesla has officially launched its long-anticipated African venture, opening its first office on the continent…
In a decisive step toward expanding its footprint in immigrant financial services, London-based fintech LemFi…
Once hailed as Africa’s first tech unicorn, Jumia is undergoing a major transformation to regain…
Africa’s bustling boda boda (motorcycle taxi) sector, which sustains the livelihoods of millions across Kenya,…
Moove, the Nigerian-born mobility fintech, is making waves in the global mobility scene. Founded in…
A landmark investment vehicle is launching this July in Mauritius with a clear purpose: to…
In early June 2025, Definely, the UK-based legal tech innovator, secured a $30 million Series B funding…
Look around you.You’ll discover that many people recognize the word “fintech.” They know it exists—but…
In a dramatic turn of events, Elon Musk’s apology to Trump is reshaping both political…
The announcement made on June 12, 2025, revealed that China would eliminate all import duties…
The rise of the digital age has brought several thriving online careers with it. Chief…
The African Development Bank (AfDB) has approved a significant financing package of $184.1 million to…
The Securities and Exchange Commission (SEC) has reiterated its stance against the operations of Crypto…
In the race to bridge Africa’s massive electricity access gap, most solutions have been externally…
BUSINESS
Ant Group acquires Bright Smart, a brokerage firm based in Hong Kong, demonstrating its expanding goals. With this $362 million transaction, the Chinese fintech giant enters the securities brokerage industry directly for the first time. An important step in Ant Group’s continuous efforts to diversify beyond its conventional digital payments…
When MTN Group — Africa’s biggest mobile operator — announced it had suffered a cybersecurity breach last week, a lot of people shrugged it off. No money stolen. Core networks intact. “At least it’s not that bad,” right? Wrong. Because once you realise that millions of personal records could be…
Every year, malaria kills over 600,000 people globally—with Africa accounting for 96% of those deaths. On the surface, fighting this disease looks like a humanitarian effort. But dig deeper, and a compelling truth emerges: eradicating malaria is not just a moral obligation—it’s a scalable industry. This year, on World Malaria…
On May 1, 2025—International Workers’ Day—drivers for Bolt, Uber, and other e-hailing platforms in Lagos will stage a 24-hour strike. Their message is clear: “We will not be ignored.” And for anyone watching the gig economy in Africa, this isn’t just a protest—it’s a reckoning. The planned strike, organised by…
Startup
Private equity investor Development Partners International (DPI) has officially announced the launch of DPI Venture…
When we talk about electric vehicles (EVs), the usual suspects come to mind: Tesla in…
The European Union, in collaboration with the Government of Togo, has officially opened applications for…
Egyptian quick commerce (q-commerce) startup Rabbit has successfully secured an undisclosed amount of funding from…
The African Private Capital Association (AVCA) has officially released its highly anticipated 2024 Venture Capital in…
In an era marked by dwindling funding and cautious investors, The Africa Report’s latest ranking…
people
Ifeoma Nwobu, the co-founder and chief operating officer of Sendstack, has officially departed from the…
Ibrahim Ibitade, the former CEO of Leatherback, has officially launched a new venture called Prune…
Old Mutual has officially announced that its Chief Executive Officer, Iain Williamson, will be stepping…
Nigerian entrepreneur Dozy Mmobuosi is set to launch an innovative AI platform aimed at enhancing…
B2B startup Fincra, which focuses on payment infrastructure that enables remittance companies to facilitate cross-border…
Spiro, recognized as Africa’s largest electric vehicle company, has announced an exciting partnership with Afrobeats…
Cryptocurrency
Bybit, the cryptocurrency exchange that experienced a significant hack last Friday, managed to endure an…
In a staggering incident that has sent shockwaves through the cryptocurrency community, hackers have successfully…
Altvest Capital has made history by becoming the first publicly listed African company to integrate…
The Nigerian government has filed a lawsuit against cryptocurrency exchange Binance Holdings Limited, requesting $81.5…
Nigeria is in the process of amending its regulations to permit the taxation of cryptocurrency…
Digital currencies seem to facilitate the new-world economy. This revolution has made waves across Africa…