Technology news around the ecosystem!

From Lagos to Nairobi

We give you summaries of happenings around tech, from developer stand-ups to the boardrooms.

  • Acumen Secures $90M for Climate-Smart Farming.

    Acumen has raised an additional $90 million for its climate-resilient agriculture investment strategy, strengthening efforts to support farmers and agricultural businesses across Africa as climate change continues to threaten food production and rural livelihoods. The fundraising highlights the growing interest in financing solutions that can improve agricultural productivity while helping vulnerable communities adapt to increasingly…

  • LemFi, BVNK Boost Stablecoin Payments

    LemFi and BVNK have announced a partnership aimed at improving cross-border payments for diaspora communities by using stablecoins to strengthen the infrastructure behind international money transfers. The collaboration reflects a broader shift in global finance, as fintech companies increasingly explore blockchain-based settlement systems to make remittances faster, more efficient, and more reliable. Diaspora payments are…

  • Gift Card Trading Booms in Nigeria.

    Gift card trading has become an increasingly popular digital asset activity in Nigeria, giving millions of people a way to convert unwanted or unused gift cards into cash. As the country’s digital economy continues to expand, platforms such as StockHut are helping users understand how the market works and why gift cards have become a…

  • Rank Expands Access to Community Capital.

    African fintech startup Rank has unveiled a new suite of community finance products aimed at improving access to capital for individuals, small businesses, and informal savings groups. The launch reflects a growing trend among financial technology companies to develop solutions that cater to underserved communities, where access to affordable credit remains limited despite the rapid…

  • South Sudan’s Visa Fee Raises Regional Mobility Concerns

    South Sudan’s introduction of a $50 electronic visa fee has sparked concerns over the future of labour mobility and regional economic integration in East Africa. The policy, which requires foreign travellers to obtain an e-visa before entering the country, has raised questions about the cost of movement for workers, businesses and professionals operating across the…

  • CBN Reshapes Nigeria’s Fintech Landscape.

    Nigeria’s fintech industry is entering a new phase as the Central Bank of Nigeria (CBN) moves to reshape the regulatory environment governing financial technology companies. The shift reflects the rapid growth of digital financial services and the need to ensure that innovation keeps pace with stronger consumer protection, financial stability and risk management. Over the…