From Lagos to Nairobi

Africa’s artificial intelligence race is entering a new phase. The competition is no longer only about who can build the best AI models or attract the biggest investments. Increasingly, it is about who controls the data, computing infrastructure and digital systems powering those technologies. Across the continent, governments are pushing for greater data sovereignty, seeking…

Kenya’s retail economy is increasingly moving beyond physical storefronts as businesses look for new ways to reach customers, manage sales and remain competitive. TLG Trade is positioning itself within this transition by helping traditional businesses establish online shops that complement their existing physical operations. For many small and medium-sized businesses, moving online can appear complicated…

As Nigeria’s digital payments market becomes increasingly competitive, fintech companies are discovering that growth alone is no longer enough. Building lasting customer confidence requires strong compliance, effective governance and a commitment to responsible financial practices. For OPay, one of Nigeria’s largest digital financial platforms, this shift is becoming increasingly important. OPay has grown rapidly by…

South Africa has one of Africa’s most established startup ecosystems, supported by experienced entrepreneurs, venture capital firms, technology hubs and a relatively sophisticated financial market. Yet for the ecosystem to produce more companies capable of scaling across Africa and beyond, investors need to pay greater attention to the seed stage. Seed capital is where the…

South African workforce technology startup Jem is entering a new phase after raising $8.4 million in Series A funding to expand its WhatsApp-based platform for frontline and deskless workers. The round was led by Quona Capital, with participation from University Technology Fund, E4E, Next176/FutureGrowth and angel investors including former Old Mutual CEO Iain Williamson. Jem,…

Egypt’s private capital market is entering a potentially significant new phase as Exits MENA moves to acquire Avanz Capital Egypt (ACE), a private equity and asset management firm. The multi-seven-figure transaction, signed in partnership with ACE’s existing local management, is designed to expand Exits MENA’s capabilities beyond advisory services and deepen its presence across Egypt…