As African businesses expand their workforces, managing employees is becoming a data challenge as much as a people-management task. Careersome is positioning itself at the intersection of human resources and analytics, helping organisations turn employee data into actionable insights that can support better workplace decisions. The company’s approach reflects a broader shift in HR technology.…

Nigeria’s cybersecurity ecosystem is gaining a new layer of investment as Terra Industries leads a $1 million funding round in Aeon, a Nigerian cybersecurity startup developing infrastructure designed to protect critical digital systems across Africa and the Global South. The pre-seed round includes participation from Resilience17, the investment firm founded by Flutterwave co-founder and CEO…

Nigerian internet service provider Spectranet has marked its 15th anniversary while announcing the appointment of Sumit Gambhir as its new Chief Operating Officer (COO), combining a milestone celebration with a leadership change aimed at supporting the company’s next phase of growth. Spectranet, one of Nigeria’s early providers of broadband internet services, has spent the past…

Kredete is doubling down on stablecoins and artificial intelligence after acquiring Gravv, bringing the fintech’s stablecoin settlement, multi-currency accounts, foreign-exchange capabilities and payment infrastructure under one roof. The acquisition positions Kredete to move beyond being a consumer-focused remittance platform and build infrastructure that banks, fintechs and developers can use to move money across borders. Kredete…

Kenyan fintech Payd is preparing to resume its payment services after foreign-exchange losses left the company short of funds needed to settle some customer balances, exposing the risks of rapid growth in Africa’s increasingly competitive cross-border payments market. Founded in 2023, Payd enables freelancers, contractors and businesses to receive international payments and convert them into…

Kenyan investors are watching Africa’s biggest initial public offering unfold in Nigeria, but efforts to give them direct access to the Dangote Refinery share sale have hit regulatory and timing hurdles. The Dangote Petroleum Refinery and Petrochemicals IPO opened in Nigeria on September 14, offering 4.1 billion ordinary shares at ₦525 each and seeking to…