From Lagos to Nairobi

Kenya’s Competition Authority (CAK) has approved KCB Group’s proposed $15 million acquisition of a controlling stake in Riverbank Solutions, clearing a key regulatory hurdle for the deal and reinforcing consolidation trends in East Africa’s financial services sector. The approval allows KCB, one of the region’s largest banking groups, to proceed with its takeover of Riverbank,…

In 2025, Africa’s tech ecosystem told a different story from the familiar venture capital headlines of previous years. Instead of mega funding rounds and flashy valuations, acquisitions quietly emerged as the defining feature of the year. For many founders and investors, buying and being bought became more realistic—and more strategic—than chasing another fundraising cycle. One…

Finlogic has received approval from the Central Bank of Nigeria (CBN) to operate as an International Money Transfer Operator (IMTO), marking a significant milestone for the fintech company and strengthening Nigeria’s fast-evolving cross-border payments ecosystem. The CBN’s IMTO licence authorises Finlogic to facilitate inbound international money transfers into Nigeria, allowing individuals and businesses to receive…

A failed medical donation is not the kind of story that usually sparks a business movement. But for one African entrepreneur, a well-intentioned act that went wrong became the seed for a new way of thinking about entrepreneurship on the continent—one rooted less in charity and more in systems, accountability, and long-term impact. The story…

When he appeared on MTN’s Who Wants to Be a Millionaire years ago, few could have predicted that the young contestant would one day lead one of Nigeria’s most ambitious infrastructure projects. Today, that same man—living with sickle cell disorder—is spearheading the development of a Tier IV data centre, a critical asset for Nigeria’s fast-growing…

Chery South Africa has agreed to acquire Nissan’s Rosslyn manufacturing facility near Pretoria, a move set to reshape the automotive landscape in the country. The deal covers the purchase of the land, buildings, and related assets, including the adjacent stamping plant, with completion expected by mid-2026 once regulatory approvals are secured. As part of the…