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China’s solar panel exports to Africa jump 83% amid rising global demand
China’s exports of solar panels to Africa have surged by 83% year-on-year, reflecting a sharp rise in global demand for renewable energy solutions and Africa’s accelerating shift toward solar power. The increase highlights both China’s dominant role in the global solar supply chain and Africa’s growing appetite for affordable, off-grid and grid-connected clean energy systems.…
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M-KOPA expands $82M digital credit access in Ghana
M-KOPA, the African fintech company known for its asset-financing and pay-as-you-go credit model, has significantly expanded its financial footprint in Ghana by unlocking $82 million in digital credit. The milestone highlights the growing demand for alternative financing solutions in the country, especially among underserved and unbanked populations. The expansion builds on M-KOPA’s earlier entry into…
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Bujeti Unveils Payroll Platform for African Firms
African spend management startup Bujeti has launched a new payroll solution designed to help businesses streamline salary payments, improve expense oversight, and strengthen financial control across their operations. The new product expands Bujeti’s existing financial management platform, which already offers tools for corporate cards, budgeting, approvals, and expense tracking. With the payroll addition, the company…
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Sycamore Eyes $29M Deposits After MFB Deal
Nigerian fintech startup Sycamore is targeting ₦45 billion (about $29 million) in customer deposits following its acquisition of a microfinance bank (MFB), a move that signals the company’s ambition to deepen its footprint in Nigeria’s evolving digital banking sector. The Lagos-based fintech, known for its lending and savings products, recently secured regulatory approval to acquire…
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Paystack Launches AI-Powered Merchant Dashboard Redesign
African fintech giant Paystack has unveiled the first major rebuild of its merchant dashboard in nearly ten years, signaling a new chapter in how businesses across Africa manage payments, operations, and customer experiences. The redesign is more than a visual upgrade — it introduces artificial intelligence tools directly into merchant workflows, positioning AI as a…
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GrowthLabs acquires Startup Gate in $656K Egypt startup deal
Egypt’s startup ecosystem continues to mature as strategic consolidation becomes a key theme, with GrowthLabs announcing the acquisition of Startup Gate in a $656,000 deal aimed at strengthening early-stage venture support and expanding its innovation pipeline. The acquisition reflects a broader trend in North Africa’s emerging tech landscape, where accelerator platforms, startup studios, and ecosystem…
