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Namibian Firm Launches $10M Fund for Startups
A Namibia-based investment firm has announced plans to support early-stage startups across Southern Africa through a new $10 million venture fund, signaling growing confidence in the region’s entrepreneurial ecosystem. The initiative is aimed at addressing one of the biggest challenges facing startups in Africa—access to early-stage capital. The fund will primarily target startups operating in…
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Fincra Secures Ghana Licence to Boost Payments Expansion
Fincra has strengthened its footprint in West Africa after securing a new payments licence in Ghana, marking a significant step in its regional expansion strategy. The approval enables the fintech firm to offer a broader suite of payment solutions within Ghana’s fast-growing digital economy. With the new licence, Fincra can now facilitate local and cross-border…
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Nigerian Bank Salaries Rise in 2025
More than 13,000 bank employees in Nigeria are now earning an average monthly salary of about $526, reflecting a notable upward shift in wages across the country’s banking sector in 2025. This development signals a broader response by financial institutions to economic pressures, rising inflation, and increasing competition for skilled talent. Over the past few…
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The Rise of AI Startups in Africa: How Local Builders Are Turning Artificial Intelligence Into Practical Solutions.
Across Africa, artificial intelligence is no longer just a global buzzword—it is becoming the foundation of a growing wave of startups building practical tools for everyday problems. From fintech and healthcare to agriculture and customer service, AI startups are emerging with solutions designed for local realities rather than imported use cases. This rise is being…
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Airtel Begins Airtime Compensation as Nigeria Enforces New Telecom Service Standards.
Airtel Nigeria has started issuing airtime credits to customers affected by poor network service between November 2025 and January 2026, following a directive from the Nigerian Communications Commission. The move is part of a broader industry-wide push to address widespread complaints about dropped calls, slow data speeds, and inconsistent connectivity during that period. Network quality…
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HealthKraft Launches $5M Creator Fund, Backed by WHO, to Tackle Health Misinformation.
HealthKraft, a digital health platform backed by the World Health Organization, has unveiled a $5 million creator fund aimed at addressing the growing spread of misinformation in healthcare. The initiative focuses on supporting content creators who produce accurate, accessible health information, particularly across social media platforms where misleading claims often gain traction quickly. Health misinformation…
