Business
Africa Go Green Fund Doubles Spiro Financing to $36 Million as Electric Motorcycles Scale
Africa's electric mobility sector has received another significant financing commitment.
Business
Business
Startups, industry shifts, and the money behind the products people use.
Business
Yellow's new Series C is a bet that the next billion-dollar African credit product may be an asset, not cash
Yellow has closed a Series C backed by Convergence Partners and SSI as it scales asset financing for smartphones and solar systems across seven African markets.
Business
Equity surged while Absa slipped in H1 2026, showing digital banking does not make every bank grow the same way
Equity Group's H1 profit rose 32% to KSh 45.5 billion while Absa Bank Kenya's fell 10% to KSh 10.5 billion. Digital adoption is only part of the story.
Business
Transsion is pushing ahead with a Hong Kong listing, putting Africa's smartphone demand in front of global investors
Transsion, owner of TECNO, Infinix and itel, is progressing toward a Hong Kong H-share listing while its African smartphone business remains central to growth.
Business
Africa's biggest fintech IPO candidates are looking offshore, and local exchanges should ask why
OPay is preparing for a US IPO, Airtel Money is targeting London and PalmPay is exploring Hong Kong. Africa's fintech exit problem is becoming visible.
Business
Safaricom's new board appointments show what Vodacom's 55% control looks like in practice
Safaricom's appointment of two senior Vodacom executives is more than a routine board refresh. It shows how the telco's new majority ownership is beginning to shape governance.
Business
Uber's Glovo deal now faces the part regulators care about: antitrust
Uber's 14.8 billion dollar acquisition of Glovo parent Delivery Hero faces antitrust scrutiny across Kenya, Nigeria, and North Africa, where it would merge the top delivery rivals.
Business
A R150 million solar bet on the grid South Africa cannot rely on
Nesa Power secured about 150 million rand, roughly 9 million dollars, in mezzanine debt from Maia Capital to expand commercial and industrial solar under long-term PPAs.
Business
Ex-OpenAI and Google engineers just funded a South African AI startup
South Africa's HyperDev, an AI coding platform founded by former OpenAI and Google engineers, raised over 1 million dollars in pre-seed funding as it approaches 100,000 users.
Business
Six Nigerian fintechs crack the world's top 500, and it is not luck
Six Nigerian fintechs made CNBC and Statista's 2026 World's Top Fintech Companies list, over half of Africa's 11 entries, cementing Lagos as the continent's fintech capital.
Business
Uber is buying Glovo's owner. What it means for Kenya
Uber's agreement to buy Delivery Hero would bring Glovo into the same group as Uber Eats, a major shift for Kenya's food and grocery delivery market.
Business
NVIDIA's RTX Spark wants to reinvent the Windows PC
NVIDIA's RTX Spark platform is a direct challenge to Intel and AMD in Windows PCs, built around local AI, Arm, Blackwell graphics, and huge shared memory.
Business
Intel raises CPU prices, and AMD looks better for it
Intel's 2026 CPU price increases are narrow but revealing: desktop bumps are modest, server hikes are steep, and AMD gets a value opening.
Business
I&M Bank's World Elite Metal Card is not just luxury. It is Kenyan banking signalling
The metal card targets high-value Kenyan customers with lounge access, concierge services and high credit limits. The real story is the race to own premium digital banking relationships.
Business
The AGM that formalises Vodafone's grip on Safaricom
Safaricom shareholders will vote on fourteen resolutions that turn Vodafone Kenya's 55 percent stake into formal boardroom control.
Business
Kenya's new tax rules put software payments under pressure
Kenya's Finance Act 2026 expands the definition of royalty to cover software and digital-platform payments, changing the tax treatment of many cross-border contracts.
Business
KOKO's empire goes on sale, and carbon is the lesson
KOKO Networks' clean-cooking technology is being marketed to buyers after the company lost the carbon-credit approval that supported its fuel subsidy.
Business
The $2,500 iPhone Ultra: Apple's luxury tech gamble
Apple's rumored iPhone Ultra foldable is being framed by analysts as a premium device near $2,500, with shipment expectations that would test how high flagship phone prices can climb.
Business
African fintech's second wave: from payments to credit
African fintech is moving beyond payment apps into credit, B2B infrastructure, embedded finance, and debt-funded models built around real cash flows.
Business
Tanzania opens its fintech sandbox for a third round
The Bank of Tanzania has opened applications for the third cohort of its fintech regulatory sandbox, with submissions due by July 31, 2026.
Business
How stablecoins became Nigeria's trade workaround
Nigerian businesses are using stablecoins as a bottom-up workaround for dollar scarcity, slow settlement, and cross-border payment friction.
Business
Africa links 11 stock exchanges as AELP Phase II launches
Phase II of the African Exchange Linkage Project expands the network to 11 exchanges and more than 50 brokers, pushing African capital markets closer together.
Business
Africa's fintech shakeout: the M&A wave, explained
African fintech is consolidating fast as stronger companies buy data rails, licences, local footholds, and distressed rivals.
Business
EVs could soon beat petrol on cost across Africa
New research says EVs are close to cost parity across much of Africa, with expensive financing now doing more to slow adoption than the technology itself.