From Lagos to Nairobi

In the often‑undercapitalised Francophone African startup ecosystem, Saviu Ventures takes a refreshingly pragmatic approach to exits. Rather than chasing elusive “unicorns”, the firm focuses on generating realistic returns through well‑planned, early exits. From day one they emphasise the endgame: the fund signals to founders that exit planning isn’t an afterthought but central to the strategy. As…

Nigerian fintech giant Moniepoint has raised $90 million in a Series C funding round, marking one of Africa’s largest fintech investments of 2025. The round attracted major participation from Visa,Goggle’s investmentment arm, and other global investors, highlighting renewed confidence in Africa’s rapidly evolving digital finance landscape. Moniepoint, which started as TeamApt in 2015, has grown…

Nigerians have withdrawn a staggering ₦15.98 trillion in cash over the past months as the Central Bank of Nigeria (CBN) gradually steers the country back toward traditional cash transactions and ATM usage. The surge comes amid the apex bank’s recalibration of its cashless policy, signaling a renewed effort to balance digital finance adoption with the…

A recent Amazon Web Services (AWS) outage has exposed a critical vulnerability in the Web3 ecosystem — its heavy reliance on centralised cloud providers. Despite being built on the promise of decentralisation, many blockchain startups and decentralised applications (dApps) depend on infrastructure controlled by a few large companies like AWS, Google Cloud, and Microsoft Azure….

The Chief Technology Officer (CTO) of Hyperbridge has called on African financial institutions to take the lead in issuing local stablecoins — digital currencies backed by domestic assets or fiat reserves — to strengthen the continent’s financial ecosystem and promote regional economic independence. Speaking at a recent fintech forum, the CTO emphasized that Africa stands…

Madica, a pan-African investment initiative backed by Flourish Ventures, has announced a fresh $400,000 investment aimed at fueling the growth of early-stage artificial intelligence (AI) startups in North Africa. The move underscores Madica’s mission to empower founders across underserved African markets while fostering collaboration with the continent’s expanding network of angel investors. The investment, which…