KOKO Networks’ collapse has delivered a significant financial blow to its UK-based parent company, which now faces losses estimated at KSh6.4 billion, underscoring the challenges of scaling clean energy solutions in emerging markets. The Kenyan-based bioethanol cooking fuel startup, once hailed as a transformative player in Africa’s clean energy transition, had built a reputation for…

African freelancers are increasingly earning in foreign currencies, especially U.S. dollars, as they tap into global job markets. From software development and design to writing and digital marketing, platforms like Upwork and Fiverr have opened doors to international clients willing to pay competitive rates. Yet, while earning in dollars is a major advantage, keeping that…

Nigerian fintech Duplo has secured key regulatory licences to provide electronic invoicing and tax transmission services, marking a significant milestone in the country’s ongoing digital tax transformation. The approval positions the company at the center of a rapidly evolving compliance ecosystem as Nigeria moves toward mandatory e-invoicing. The licences—granted under the Nigeria Revenue Service (NRS)…

Investors across Africa are increasingly shifting their attention from fintech startups to infrastructure-focused ventures, signaling a broader evolution in the continent’s innovation ecosystem. While fintech once dominated venture capital flows, recent trends show a growing preference for businesses that build the foundational systems powering economies. Between December 2025 and March 2026, Zenith Bank’s share price…

Investors across Africa are increasingly shifting their attention from fintech startups to infrastructure-focused ventures, signaling a broader evolution in the continent’s innovation ecosystem. While fintech once dominated venture capital flows, recent trends show a growing preference for businesses that build the foundational systems powering economies. One key reason for this shift is market saturation and…

In March 2026, South African fintech startup littlefish announced a $9.5 million Series A funding round, marking a significant step in its ambition to become a core infrastructure layer for how African banks serve small businesses. The round was led by Partech, with participation from TLcom Capital, Flourish Ventures, and Proparco, reflecting strong investor confidence…