From Lagos to Nairobi

Kenya has decided to exclude retail investors from participating in the country’s largest-ever share sale of Safaricom, raising questions about accessibility and the government’s approach to public investment. The move, announced ahead of the initial public offering (IPO), has sparked debate among market watchers, potential small investors, and industry analysts. The sale, which involves the…

Guaranty Trust Bank (GTBank) has reported that its ambitious core banking migration project is now 85% complete, marking a significant milestone nearly a year after the initiative began. The project, aimed at upgrading the bank’s technological backbone, is designed to enhance operational efficiency, improve customer experience, and support the introduction of innovative financial products. The…

Capitec Bank has introduced a new initiative, the Variable Recurring Payments (VRP) system, allowing South Africans to make recurring payments directly from their bank accounts, marking a significant step forward in digital banking convenience. The rollout of VRP is designed to simplify the way individuals and businesses manage subscriptions, bills, and other recurring financial obligations,…

TGIPay, a fast-rising digital finance platform, has officially launched its operations in Nigeria, signaling a bold ambition to transform how businesses and consumers manage payments. Entering one of Africa’s most competitive fintech landscapes, the company aims to simplify transactions, deepen financial inclusion, and support business growth through a unified suite of intelligent payment solutions. At…

Nigeria’s fast-growing food delivery platform, Chowdeck, has marked a major milestone after recording nearly $1 million in sales during the 2025 Black Friday shopping frenzy. The feat underscores both the company’s rapid expansion and the increasing prominence of on-demand delivery services in Nigeria’s digital economy. Black Friday, traditionally dominated by e-commerce and electronics sales, has…

Africa’s startup ecosystem has experienced impressive growth over the last decade, yet many ventures still struggle to scale due to fragmented support systems, limited funding, and gaps in technical execution. As traditional accelerators and incubators evolve, a new model is gaining traction: venture studios. Unlike accelerators that work with cohorts or VCs that invest capital…