From Lagos to Nairobi

Fintech company Fairmoney has announced the appointment of Gbenga Shobo, former Deputy Managing Director at First Bank of Nigeria (FBN), as its new Board Chair. The move marks a strategic step for the fast-growing digital lending platform as it seeks to strengthen governance, expand its services, and solidify its position in Nigeria’s competitive fintech landscape….

Serial entrepreneur Sim Shagaya, known for pioneering ventures like Konga and uLesson, has unveiled his latest initiative: Myka, an insurance company designed to make coverage more accessible and tailored for Nigerians. With the country’s insurance penetration still below 1%, Myka aims to bridge a significant gap in financial protection for individuals and businesses.Myka’s launch reflects…

Africa’s Web3 future holds immense promise, but its success will depend largely on the strength of Web2 foundations already in place. While blockchain, decentralised finance (DeFi), and digital ownership models are often framed as revolutionary, they cannot thrive in isolation. For Web3 to scale meaningfully across the continent, it must be built on reliable internet…

EdNova, an emerging education technology startup, is on a mission to simplify how Liberian graduates access their academic transcripts—a process that has long been plagued by delays, bureaucracy, and inefficiency. For many graduates in Liberia, obtaining official transcripts from universities can take weeks or even months, often requiring physical visits, manual paperwork, and repeated follow-ups….

Nigeria’s leading fintech unicorn, Moniepoint, has expanded its African footprint by acquiring a 78% stake in Kenya-based Sumac Microfinance Bank, marking a strategic entry into East Africa’s fast-growing financial services market. The move signals Moniepoint’s ambition to deepen its presence beyond Nigeria, where it has built a strong reputation providing banking, payments, and business tools…

A new report by Nigerian fintech platform PiggyVest has shed light on the growing financial strain facing millions of Nigerians, revealing that nearly 30% of the population earns less than ₦100,000 monthly. Even more concerning, a significant majority of respondents expressed uncertainty about whether their income is sufficient to cover basic living expenses. The findings…