MTN Nigeria is setting an ambitious target for its fintech business: grow its customer base from about 5 million users to 30 million over the medium term. The goal reflects the telecom giant’s broader strategy of turning its enormous mobile network into a much larger financial-services platform. MTN Group CEO Ralph Mupita said Nigeria remains…

Thirteen years ago, former British Army officer Wayne Hennessy-Barrett arrived in Kenya with little conventional finance experience and a simple question for informal traders: what do you need? The answer was straightforward—access to quick working capital to buy stock and keep their businesses moving. That conversation eventually became 4G Capital, a lender that has now…

For thousands of African businesses, importing goods from China can be a profitable growth strategy—but it can also expose entrepreneurs to costly problems involving unreliable suppliers, poor-quality products, currency payments, shipping and customs. Proc360 is building an end-to-end platform designed to reduce those risks and make the China-Africa trade corridor easier to navigate. Founded in…

Nigerian fintech Nomba and renewable-energy financing company Synafare are committing ₦2 billion, equivalent to about $1.4 million, to help 300 small and medium-sized businesses acquire solar power systems over the next 24 months. The initiative targets one of the biggest challenges facing Nigerian businesses: the combination of unreliable electricity and limited access to affordable credit.…

Copenhagen’s technology ecosystem offers an important lesson for Africa: the next generation of valuable startups may not come only from fintech, e-commerce or software. At TechBBQ 2026, held in Copenhagen on August 26 and 27, more than 10,000 startups and investors encountered companies working on quantum computing, biotechnology, medical diagnostics, robotics, security, food technology and…

Electric mobility company Spiro is strengthening its leadership team as it prepares for another phase of expansion across Africa, appointing automotive and battery-swapping veteran Anant Badjatya as Group Chief Executive Officer. The appointment comes after the company secured a landmark $215 million equity investment to accelerate its growth.  Badjatya brings more than two decades of…