From Lagos to Nairobi

Affinity Africa has raised $8 million in seed funding to expand its digital banking platform and improve financial access across Africa. Led by Grazia Equity and BACKED VC, the funding round underscores strong investor confidence in Affinity’s mission to serve underbanked communities. Since launching in Ghana in October 2024, the platform has attracted over 50,000…

EqualyzAI, an AI startup focused on African languages, has officially unveiled its suite of AI-powered solutions aimed at bridging the language gap in emerging markets. The company uses hyperlocal datasets created with native speakers to develop localized AI models, ensuring technology is accessible to underserved communities. The startup introduced three key innovations: uLearn, an AI-powered…

Starting March 1, 2025, Amazon Web Services (AWS) will apply a 21% tax on cloud services in Ghana, impacting startups and businesses relying on AWS for data storage and digital operations. The tax includes a 15% VAT and an additional 6% in levies, covering national health, education, and COVID-19 recovery funds. This move could increase…

With data prices surging by up to 50% in 2025, Nigerian telecom users are looking for the most cost-effective internet plans. MTN, Airtel, Glo, and 9mobile have all adjusted their prices, making it essential to compare the best deals available. This guide highlights the best budget monthly plans, heavy-user data packages, weekly plans, and unlimited…

Flutterwave CEO Olugbenga Agboola recently stated that the company will not pursue an IPO until it becomes profitable. However, in a surprising move, Agboola met with Nigerian President Bola Tinubu to discuss a potential listing on the Nigerian Stock Exchange (NGX), sparking speculation about the fintech giant’s next steps. With a $3 billion valuation, Flutterwave…

Lagos-based mobility company Gokada has filed for Chapter 11 bankruptcy protection in Delaware, aiming to restructure its operations while managing outstanding debts. The filing suggests unsecured creditors may face complete losses, marking a critical moment for the once-thriving startup. Founded in 2017 by Fahim Saleh and Deji Oduntan, Gokada initially gained traction as a motorcycle…