From Lagos to Nairobi

Inseco, the South African insect-protein startup once hailed as a rising star in sustainable agriculture, has shut down — just two years after raising a remarkable $5.3 million seed. The closure has sparked conversations across Africa’s startup ecosystem about the hidden risks of capital-intensive ventures and the fragile balance between innovation, cost, and scalability. Founded…

In an age where social interaction and digital finance are converging, Quinance is emerging as a groundbreaking platform designed to bridge the gap between social connectivity and financial empowerment. The startup is redefining what it means to bank, connect, and transact — all within one seamless ecosystem built for the modern digital generation. Quinance isn’t…

In recent years, African businesses have faced a persistent challenge: managing fragmented financial operations across multiple tools, banks, and platforms. A new Y Combinator-backed startup is setting out to change that by building a unified “control centre” for business finance across the continent. The startup — which emerged from the latest Y Combinator batch —…

Nigeria’s digital lending industry is witnessing a major shift toward regulation and accountability as 492 loan apps have now complied with the Federal Competition and Consumers Protection Commission guidelines, following the enforcement of a #100 million fine on non-compliant operators. The crackdown marks a significant milestone in the FCCPC’s efforts to sanitize the country’s rapidly…

Ghana’s pension industry, one of the most rapidly expanding financial sectors in West Africa, holds an untapped private capital investment potential estimated at nearly $1 billion. However, stringent regulations and a cautious investment culture continue to limit the sector’s ability to channel funds into private equity, infrastructure, and alternative assets that could stimulate long-term economic…

Emirates Integrated Telecommunications Company (EITC), popularly known as du, has announced an impressive 7.9% year-on year revenue growth for the third quarter of 2025, underscoring its strong performance across both mobile and fixed service segments. The results highlight du’s continued success in strengthening its market position through digital innovation, customer-centric strategies, and network expansion. According…