LemFi, a Nigerian fintech focused on cross-border payments, has acquired UK-based credit startup Pillar in a strategic move aimed at deepening financial inclusion for immigrant communities.
Pillar, founded by former
South African vehicle leasing startup MyNextCar (MNC) has secured $10 million in its first institutional funding round. The capital injection is set to fuel the rollout of 1,500 new
WhatsApp is rolling out new features aimed at turning its Updates tab into a serious revenue stream without touching its core chat experience. The Meta-owned platform now allows channel subscriptions,
Global delivery platform Glovo has signed a strategic partnership with Kenya’s Ministry of Labour and Social Protection, marking one of the largest private-sector investments in the country’s gig
Jumia is undergoing a major strategic shift as it works to rebuild investor trust, sharpen its focus, and return to profitability by 2027. Once valued at over $1 billion during
Orange Middle East and Africa has entered a three-year partnership with risingSUD, the economic development agency of the Provence-Alpes-Côte d’Azur region, to accelerate the global expansion of African and
The Ugandan government is introducing a three-year income tax holiday for new, locally owned startups in a bid to spur innovation and business formalization. Announced as part of the 2025/
Kenyan electric mobility startup Roam has introduced the Generation 2 Roam Air, an upgraded electric motorcycle developed with direct input from boda boda riders.
The Generation 2 Roam Air arrives
Payments firm Pesapal has partnered with local startup RACK to launch an integrated point-of-sale (POS) solution aimed at helping small and medium-sized enterprises (SMEs) transition from manual to digital operations.
Startups across Africa raised over $345 million in May 2025, marking more than double the amount raised during the same month last year, according to a report by research firm
Kenyan solar energy startup Solar Panda has entered the Southern African market through the acquisition of Vitalite Zambia Limited.
The deal adds over 100,000 new customers to Solar Panda’
Startups in Kampala are being encouraged to integrate intellectual property (IP) protections into their business models from the outset, as a key strategy to safeguard innovation and attract investment.
This
