Kili Ventures has announced its fourth investment, backing Jenzy, an African fintech building infrastructure to make cross-border business payments more reliable across the continent. The investment comes as African businesses increasingly trade across borders but continue to face fragmented banking systems, limited foreign-exchange liquidity and payment delays. Kili Ventures says about one in four B2B…

Uber’s proposed $14.8 billion acquisition of Delivery Hero has moved closer to completion after the German food-delivery company’s management and supervisory boards backed the takeover and recommended that shareholders accept the offer. The development gives Uber an important boost as it attempts to build one of the world’s largest food-delivery businesses. The deal, announced in…

Years before Lagos began formalising plans to move its iconic yellow danfo buses toward digital payments, a startup called GONA attempted to solve one of the city’s most persistent transport problems: cash. Launched in 2019 by Chinese technology entrepreneurs with experience at companies including Huawei Africa and DiDi, GONA introduced a mobile payment system that…

Global e-commerce platform Temu is strengthening its delivery operations in Nigeria through a partnership with local logistics technology company Kwikpik, a move that highlights the growing importance of efficient last-mile delivery in the country’s rapidly expanding digital commerce market. The partnership makes Kwikpik part of Temu’s delivery network in Nigeria, where customers increasingly expect online…

Mukuru is expanding its digital financial services in Botswana, aiming to turn mobile phones into everyday financial tools rather than devices used mainly for sending and receiving money. The move reflects the growing push across Africa to use digital wallets to widen access to financial services. Mukuru, a financial services company focused heavily on remittances,…

African startups continued to attract significant investor interest in 2026, with funding reaching about $2.10 billion in the first eight months of the year. The figure highlights the resilience of Africa’s technology ecosystem at a time when global investors have become more cautious and selective. The funding performance follows a relatively strong first half of the…