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Selar Hits ₦18 Billion in Payouts Across Africa, Marking A New Milestone.
In 2025, Nigerian e‑commerce startup Selar hit a milestone that captures where Africa’s creator economy is headed: it paid out over ₦18 billion (~$12.8 million) to creators across the continent, nearly doubling its 2024 numbers. What would be a modest headline elsewhere is noteworthy here — because this traction emerged from a decade of building with minimal…
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Maroc Telecom Reports Nearly 7 Billion Dirhams in Net Income in 2025.
Maroc Telecom, Morocco’s largest telecommunications operator, closed 2025 with a net income of approximately 6.97 billion dirhams (~$760 million), reinforcing the resilience of traditional telecom businesses in North Africa’s evolving digital landscape. The company’s performance was supported by a mix of domestic market stability and expansion through its Moov Africa subsidiaries, which provide mobile and data services…
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Ikeja Electric Ties Electricity Billing to Tax IDs for Business Owners.
Ikeja Electric Distribution Company has introduced a controversial but consequential update to how it manages power billing for corporate customers. Effective immediately, businesses, vendors, and strategic partners must submit a valid Tax Identification Number (TIN), National Identification Number (NIN), or Corporate Affairs Commission (CAC) registration number by February 20, 2026, or face the risk of invalidated…
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Terra crosses unicorn-path milestone with fresh climate tech investment boost
Terra, a fast-growing climate-focused technology startup, has crossed a major milestone after securing new investment that brings its total funding to $34 million and pushes its valuation past $100 million. The latest round signals growing investor confidence in climate infrastructure platforms that combine data, financing, and operational tools to help businesses measure and reduce their…
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Mali’s Digital Turn: Modernising Judiciary and Nationality Services Online.
Across West Africa, governments are accelerating digital transformation efforts in an attempt to modernise public administration and improve citizen access to essential services. In that context, Mali has taken a significant step by launching online platforms for judiciary and nationality documentation, signalling a shift toward structured e-government reform. Historically, accessing official documents such as criminal…
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When Ambition Outpaces Structure: The Rise and Fall of 54gene.
Africa’s startup ecosystem has produced some of the continent’s most ambitious technology ventures, particularly in health and biotechnology. Among them, 54gene once stood out as a symbol of scientific promise and global investor confidence. Founded in 2019, the Nigerian genomics startup set out to build one of the world’s largest biobanks of African DNA, aiming…
