Verto Wins $1M Milken-Motsepe Grand Prize for Transforming Cross-Border Payments in Africa
At the 2025 Milken Institute Global Conference in Los Angeles, a global financial technology firm Verto was awarded the $1 million Grand Prize…
CBN Hits Paystack With ₦250M Fine Over Zap: A Wake-Up Call for Fintechs?
In a bold regulatory move, the Central Bank of Nigeria (CBN) has fined Paystack ₦250 million ($190,000) over its new consumer-facing product,…
What Two African Founders Had to Say About Michael Seibel’s Departure from YC
Michael Seibel’s departure from Y Combinator earlier this year marked a major moment, not just for YC as an organization, but for startup…
Vendease Exits Ghana Despite Soaring Demand, Cites Funding Constraints
Vendease, the Nigerian-based food supply startup, quietly shut down its operations in Ghana in October 2024, barely two years after its…
Umba Secures $5M Debt Facility to Scale Vehicle and SME Loans in Kenya
Digital bank Umba has raised a $5 million debt facility to expand its secured lending operations in Kenya, with a focus on vehicle financing…
PipeOps & AltSchool Africa Partner to Boost Cloud Skills for African Developers
In an exciting move for Africa’s tech education landscape, PipeOps, a leading cloud deployment automation platform, has teamed up with…
Africa’s Biggest Startup Cheerleader, Michael Seibel, Is Leaving YC – What Happens Next?
After more than a decade at Y Combinator (YC), Michael Seibel, one of the most influential figures in the global startup ecosystem, is…
Rivy’s $4M Leap: How a Nigerian Fintech is Lighting Up Africa’s Clean Energy Future
Payhippo, a Nigerian fintech once known for helping small businesses with loans, has taken a bold new turn. They are now rebranded as Rivy,…
FIRS Partners with Flutterwave to Simplify Digital Tax Payments
Payment of taxes in Nigeria just got a whole lot easier, thanks to the exciting collaboration between the Federal Inland Revenue Service…
GITEX Africa 2025: Africa’s Leading Tech and Startup Event Returns This April
GITEX Africa, the continent’s largest technology and startup event, is set to return from April 14-16, 2025, in Marrakech, Morocco. The event…