From Lagos to Nairobi

Nigeria is taking a major step toward restructuring its financial technology (fintech) sector with a proposed bill that seeks to establish a single, powerful regulatory body to oversee all fintech operations in the country. The move aims to streamline oversight, enhance investor confidence, and protect consumers in one of Africa’s fastest-growing digital economies. The proposed…

African digital infrastructure giant Cassava Technologies has announced an undisclosed strategic investment with NVIDIA, the world leader in artificial intelligence (AI) and computing technology. The deal marks a major milestone for Africa’s tech ecosystem, signaling growing global interest in the continent’s digital transformation and AI potential. Cassava Technologies, founded by Zimbabwean billionaire Strive Masiyiwa, operates…

North Africa’s health insurance sector is set for a major digital overhaul as SehaTech, a Tunisian healthtech startup, secures $1.1 million in seed funding to modernize the region’s fragmented healthcare and insurance infrastructure. The round, backed by a consortium of regional investors, marks a significant milestone for the company as it aims to bridge the…

Inseco, the South African insect-protein startup once hailed as a rising star in sustainable agriculture, has shut down — just two years after raising a remarkable $5.3 million seed. The closure has sparked conversations across Africa’s startup ecosystem about the hidden risks of capital-intensive ventures and the fragile balance between innovation, cost, and scalability. Founded…

In an age where social interaction and digital finance are converging, Quinance is emerging as a groundbreaking platform designed to bridge the gap between social connectivity and financial empowerment. The startup is redefining what it means to bank, connect, and transact — all within one seamless ecosystem built for the modern digital generation. Quinance isn’t…

In recent years, African businesses have faced a persistent challenge: managing fragmented financial operations across multiple tools, banks, and platforms. A new Y Combinator-backed startup is setting out to change that by building a unified “control centre” for business finance across the continent. The startup — which emerged from the latest Y Combinator batch —…