From Lagos to Nairobi

At the Africa Tech Summit in Nairobi, African fintech startup Busha highlighted the potential of stablecoins to transform trade across the continent, presenting them as a solution to long-standing challenges in cross-border payments. The summit, which brought together tech leaders, investors, and policymakers, served as a platform for discussing innovations driving Africa’s digital economy. Busha’s…

The Nigeria chapter of the Asia-Africa Chamber of Commerce & Industry (AACCI) has announced its inaugural webinar, aimed at fostering business collaboration between Asia and Africa. The online event is designed to provide a platform for entrepreneurs, industry leaders, and policymakers to discuss trade opportunities, investment strategies, and economic partnerships across the two continents. The…

A recent study by Knorr has revealed that 88% of Gen Z singles in Nigeria believe cooking skills make potential partners more attractive, highlighting a shift in how younger Nigerians perceive relationship compatibility. The survey, which explored dating preferences and lifestyle priorities among singles aged 18 to 25, underscores the growing importance of self-sufficiency, creativity,…

A strike at Kenya’s Jomo Kenyatta International Airport (JKIA) has caused significant disruptions to the country’s tech import sector, with delays affecting the delivery of electronics, computer equipment, and other technology-related goods. The industrial action, reportedly involving cargo handling staff, has slowed down customs clearance and freight processing, creating a backlog of shipments at one…

Kenya-based mobility startup Arc Ride has secured a $5 million commitment from the International Finance Corporation (IFC) to support its expansion across East Africa. The funding aims to strengthen Arc Ride’s position as a leading provider of sustainable, app-based transportation solutions while enabling the company to scale its operations beyond Kenya. Founded to address urban…

Defence-technology startup Terra Industries has raised an additional $22 million in fresh funding, strengthening its position in the rapidly expanding global defence innovation sector. The new capital extends the company’s previous funding rounds and is expected to accelerate product development, manufacturing capacity, and international partnerships. Terra Industries focuses on building autonomous and AI-powered defence systems…