Nigerian agritech company ThriveAgric has raised an oversubscribed ₦5.3 billion, approximately $3.93 million, through its debut commercial paper issuance in Nigeria’s debt capital markets. The raise exceeded the company’s ₦5 billion target and will be used to strengthen working capital, fund commodity aggregation and procurement, expand its outgrower network and scale agricultural trading across its…

African conversations rarely fit neatly into one language. A speaker may begin a sentence in English, switch to Yoruba or Hausa, and finish in Nigerian Pidgin without thinking twice. For many voice-AI systems, however, these switches can create confusion. Nigerian voice AI startup Intron is trying to solve that problem with its latest Sahara voice…

Sometimes, a business idea begins not with a carefully planned pitch deck, but with a problem that becomes impossible to ignore. For Nigerian entrepreneur Sunday “Paul” Adah, the challenge of moving money across borders while studying in the United States became the inspiration for Pay4Me, a fintech platform built to simplify international payments. Adah’s experience…

Nigeria’s internet landscape is changing as fibre-optic networks expand across major cities and some smaller communities. Faster, more reliable connectivity is increasingly important to businesses, schools, households and the digital economy. Yet access remains uneven: the challenge is no longer only building networks, but making them affordable, resilient and available beyond profitable urban neighbourhoods. Nigeria…

Moniepoint is phasing out MonieWorld, its remittance service for users in the United Kingdom sending money to Nigeria. The company has not indicated that the move reflects a broader exit from international markets, but it suggests Moniepoint is reallocating resources toward its core Nigerian payments, banking and business-management operations amid intense competition in digital money…

African venture capital firm Ventures Platform has closed its second fund at $84 million, marking a major step forward for the investment firm and nearly doubling the size of its first fund. The new fund highlights growing confidence in African startups and the potential of technology-driven businesses across the continent. Ventures Platform, which has built…