From Lagos to Nairobi

Interswitch, one of Africa’s leading digital payment and commerce companies, has announced a landmark 50% revenue surge, closing 2024 with an impressive ₦137 billion. The growth reflects the company’s sustained expansion across payment processing, digital infrastructure, and enterprise solutions, reaffirming its central role in Nigeria’s and Africa’s financial technology ecosystem. The company’s strong performance is…

Africa’s events landscape is booming, but behind the glitz of concerts, conferences, festivals, and weddings lies a fragmented ecosystem plagued by inefficiencies. From unreliable ticketing systems to chaotic vendor coordination and poor attendee experience, event organisers across the continent continue to grapple with operational challenges. Now, a team of former Jumia and Konga employees believe…

Piggyvest, one of Nigeria’s largest digital savings and investment platforms, has announced the launch of its new in-house payment system, fully powered by its sister product, PocketApp, marking a major step in the company’s long-term strategy to build a complete financial ecosystem. The move solidifies Piggyvest’s shift from relying on external payment processors to operating…

The Corporate Affairs Commission (CAC) has announced a new regulatory move targeting unregistered Point-of-Sale (PoS) operators in Nigeria, set to take effect from January 2026. The initiative seeks to formalize the rapidly growing PoS sector, enhance compliance, and safeguard consumers against unregulated financial activities. PoS operators have become a critical part of Nigeria’s financial ecosystem,…

Nigeria’s trade and logistics sector is poised for a significant transformation with the launch of a new logistics hub designed to dramatically reduce port clearance times. The facility, developed by a consortium of private sector investors and logistics experts, promises to cut the current port processing timelines by up to 70%, addressing one of the…

Carnegie Mellon University Africa (CMU-Africa) has welcomed five promising startups into its Business Incubation Programme, including Songdis, Fitclan, and Reborn, marking a significant milestone in the university’s ongoing efforts to nurture tech innovation and entrepreneurship across the continent. The programme, designed to provide mentorship, funding, and technical support, targets early-stage ventures with scalable solutions and…