From Lagos to Nairobi

In South Africa, the local betting industry is ringing alarm bells about a surge in offshore, unlicensed gambling activity and is urging banks and financial institutions to block payments to foreign gambling sites. The concern from the South African Bookmakers Association stems from a recent report showing that illegal offshore platforms now dominate roughly 62 per cent…

Uber Technologies has captured headlines with its plan to channel roughly $293 million (about R5 billion) into its South African business over the coming years, a pledge made against the backdrop of ongoing regulatory uncertainty in the country’s e‑hailing sector. The announcement, made at the South African Investment Conference, reflects both Uber’s long‑term confidence in the South African…

In a major development for African mobility tech, Angolan startup ANDA has reportedly pulled in a fresh investment round totalling $1.2 million, underscoring growing investor confidence in solutions that tackle informal transport markets on the continent. While exact investor details and deal structure are still emerging, the buzz around this raise reflects wider trends in African…

Welcome to the first edition of our Wednesday Fintech Spotlight! Africa’s financial landscape is transforming fast, and fintech startups are at the heart of this change — reshaping how people save, spend, lend, and transact. Across the continent, over 400 million adults remain unbanked. Traditional banks often struggle to reach these populations due to infrastructure,…

Francophone Africa is on the cusp of a potential e-commerce revolution, often referred to as its “Amazon moment.” Rapid urbanization, growing smartphone penetration, and a rising middle class are creating the conditions for online retail to flourish. However, significant structural and operational challenges threaten to slow the region’s journey toward becoming a fully digital marketplace…

Nigeria’s banking heavyweight, Guaranty Trust Holding Company Plc (GTCO), has posted its 2025 financial results, showing a respectable ₦1.23 trillion profit before tax — but this figure, while impressive, represents a decline from its break‑out performance in 2024. Last year GTCO delivered a record ₦1.27 trillion profit before tax, bolstered by significant fair‑value gains that did not…