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Moonshot 2026 returns to Lagos this October
Moonshot by TechCabal, one of Africa’s most influential technology conferences, is set to return to Lagos for its fourth edition on October 28 and 29, 2026, reinforcing the city’s position as a central hub for innovation on the continent. The event will be hosted at the National Theatre in Lagos, bringing together founders, investors, policymakers,…
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Safaricom Expands M-PESA Into Kenya’s Retail Investment Sector
Safaricom is strengthening its push into Kenya’s retail investment space by expanding the capabilities of its mobile money platform, M-PESA, beyond payments and savings into investment products aimed at everyday users. The move reflects a broader strategy by the telecom giant to transform M-PESA into a full-fledged financial ecosystem serving both basic and advanced financial…
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African Startup Funding Hits Lowest Level Since March 2025
African startup funding dropped sharply in April 2026, reaching its lowest monthly level in more than a year as investors continued to adopt a cautious approach toward venture capital across the continent. The decline highlights the growing pressure on startups navigating tighter global financial conditions, reduced equity investments, and changing investor expectations. According to data…
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African Startups Face Growing Series A Funding Gap
African startups are raising larger funding rounds again, but a growing number of companies are still struggling to progress beyond the early stages of venture capital. While total funding across the continent has increased in 2026, the number of startups successfully reaching Series A has remained surprisingly low, exposing a widening gap in Africa’s startup…
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Bumpa Launches SME Lending Platform With Vendor Credit in Nigeria
Nigerian e-commerce platform Bumpa has partnered with supply chain fintech Vendorcredit to launch Bumpa Capital, a new financing solution designed to improve access to credit for small and medium-sized enterprises (SMEs) across Nigeria. The initiative aims to address one of the biggest challenges facing local businesses — limited access to working capital. Through Bumpa Capital,…
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Opera’s MiniPay Hits 15 Million Wallets Amid Africa’s Stablecoin Boom
Opera-backed stablecoin wallet MiniPay has surpassed 15 million activated wallets, underscoring the growing demand for digital dollar payments across Africa and other emerging markets. Built by Opera and powered by the Celo blockchain, MiniPay was launched in 2023 to make sending and receiving stablecoins as simple as using a mobile money app. MiniPay’s rapid growth…
