The Competition Authority of Kenya (CAK) has approved a move by Moniepoint, a Nigerian fintech company, to acquire a 100% stake in Kopo Kopo, a… Read More »Moniepoint Gets Nod to Acquire Kenyan Fintech Startup Kopo Kopo
The BRICS Business Forum kicked off in South Africa as President Cyril Ramphosa urged member countries to tap into the emerging on the African continent.… Read More »Ramaphosa Woos BRICS Nations to Tap Into AfCFTA Market as Summit Starts
Financial technology (Fintechs) is still the leader in Africa’s startup ecosystem in terms of funding and exit activities, a report by Disrupt Africa has established.… Read More »Fintechs Maintain Status as Africa’s Leading Investment Priority
Zanifu, a Kenya-based fintech company that provides financial access to SMEs in Africa, has secured $11.3 million in debt and equity funding. The Series A round… Read More »Kenya’s Zanifu Secures $11.2 Million Funding
Kenya’s e-commerce startup Twiga Foods on Saturday, August 19, announced plans for a fresh lay off as part of its strategic operation adjustment. In a… Read More »Kenya’s B2B Startup Twiga Foods Declares Redundancy
Kobo360, a Nigerian startup that offers integrated logistics solutions has named Ciku Mugambi as its new CEO. Mugambi, who was previously the company’s Chief Operations… Read More »Kobo360 Appoints Ciku Mugambi as New CEO
The government of Nigeria is looking to lower fuel prices after the Nigerian National Petroleum Company (NNPC) secured a $3 billion crude oil repayment loan… Read More »Nigeria Secures $3 Billion Emergency Loan from Afreximbank
The Golden Business Forum (GBF) kicked off in Kigali, Rwanda amid a debate on the benefits of implementing the African Continental Free Trade Area (AfCFTA).… Read More »AfCFTA Talks Dominate as Rwanda Hosts Golden Business Forum
The United Nations Conference on Trade and Development(UNCTAD) has called out development partners for unfair and biassed loaning practices towards African countries. According to the… Read More »UNCTAD Calls for Fair Lending Practices Towards Africa
Players in Madagascar’s private and public sectors are attending a crucial workshop in Antananarivo as the nation considers ratifying the African Continental Free Trade Area… Read More »Madagascar Holds Crucial National in Process to Ratify AfCFTA Implementation