Bravoo, a Nigerian edtech startup, is developing a different approach to digital education by rewarding young people for learning practical skills. The platform combines short assignments, interactive missions and redeemable rewards to encourage users to develop abilities that could improve their career prospects while earning additional income. Founded by Jessie Udah, Bravoo evolved from Flowva,…

Six African startups have secured a combined $400,000 in grant funding through the 2026 FINCA Ventures Prize Competition, supporting businesses developing solutions in financial inclusion, sustainable agriculture and food systems. The competition, now in its third year, attracted more than 700 applications from entrepreneurs across the continent. The winners were announced on October 6, following…

The European Bank for Reconstruction and Development (EBRD) has approved financing of up to $10 million for Nigerian energy technology company Beacon Power Services (BPS), supporting a $20.9 million project aimed at modernising electricity distribution and improving grid efficiency across Nigeria. The project will support the deployment of smart meters, grid management software and digital…

The event, held from October 15 to 17 at Nairobi’s Sarit Expo Centre, brought together founders, venture capitalists, regulators, financial institutions and technology leaders under the theme “Capital, Code, and Continuity: Building Africa’s Permanent Digital Economy.” American venture capitalist Tim Draper was among the prominent participants, highlighting the festival’s ambition to connect African entrepreneurs with…

Nigerian small and medium-sized enterprises (SMEs) are emerging as global leaders in digital asset payments and cybersecurity adoption, according to Mastercard’s Dreamonomics report. The findings highlight how local businesses are embracing new technologies to manage payments, protect their operations and identify opportunities for growth. The report found that 34% of Nigerian SMEs accept cryptocurrency as…

Egypt is considering a larger initial public offering (IPO) of Banque du Caire, with its state-owned parent, Banque Misr, potentially increasing the stake available to investors from 30% to 45%. The proposed expansion reflects growing investor interest in the bank and could make the transaction one of Egypt’s most significant share offerings in recent years.…