From Lagos to Nairobi

LemFi, a fast-growing financial services platform serving immigrants and global users, has announced the launch of multi-currency accounts for customers in Nigeria. The new offering allows Nigerian users to hold, receive, and transact in both US dollars (USD) and British pounds (GBP), marking a significant expansion of LemFi’s product suite and a major step toward…

NALA, a fast-growing African fintech focused on cross-border payments, has announced a strategic partnership with Southeast Asian fintech BigPay and confirmed its expansion into Ghana after securing approval from the Bank of Ghana. The move marks a significant milestone in NALA’s mission to simplify and lower the cost of international money transfers for Africans at…

Africa’s logistics and supply chain sector is undergoing a quiet but powerful transformation, driven by smart technologies that are helping businesses overcome long-standing structural challenges. From fragmented transport networks and high operating costs to limited visibility and inefficiencies, logistics has historically been a major bottleneck to trade and economic growth across the continent. Today, digital…

Mauritian startup Black Swan has emerged as the grand prize winner of the MEST Africa Challenge 2025, earning recognition as one of the continent’s most promising young tech ventures. The competition, hosted by MEST Africa, attracts innovative startups from across sub-Saharan Africa, highlighting companies that demonstrate strong business potential, scalability, and social impact. Black Swan,…

African growth-stage businesses are set to benefit from a significant injection of capital following the first close of €41 million by investment firm Investisseurs & Partenaires (I&P). The fund, aimed at addressing the continent’s persistent growth-stage financing gap, will support promising companies poised to scale while driving job creation and economic development. The new capital…

Nigeria’s innovative youth-led startup Smartgenix has been named the grand prize winner at the 15th edition of the Junior Achievement (JA) Africa Company of the Year Competition, solidifying its status as a leading example of young entrepreneurial talent on the continent. The competition, which brings together student-run businesses from across Africa, celebrates innovation, business acumen,…