From Lagos to Nairobi

Moroccan mobility startup Enakl has raised $2.3 million in seed funding, marking a major milestone for the young company as it looks to scale its operations and deepen its footprint in North Africa’s fast-evolving urban transport sector. The round reflects growing investor interest in mobility solutions tailored to emerging markets, where congestion, inefficiency, and fragmented…

MEXC is deepening its push into Nigeria with the launch of traditional finance (TradFi) products and zero-fee trading, signaling a strategic bet on one of Africa’s most active and competitive crypto markets. The move reflects a broader shift by global exchanges seeking to blend crypto innovation with familiar financial instruments, while lowering barriers for price-sensitive…

Trove Finance has taken a decisive step to deepen its control over the investment value chain with the acquisition of UCML Securities, a licensed Nigerian brokerage firm. The move brings Trove’s brokerage services fully in-house, marking a strategic shift for the fintech as it seeks to scale operations, improve compliance, and deliver a more seamless…

When PayPal announced in 2021 that it would finally allow Nigerians to open full accounts, the move was widely celebrated as the end of a two-decade exclusion from one of the world’s most important digital payment platforms. For freelancers, online merchants, and startups, PayPal’s return symbolised global validation of Nigeria’s fast-growing digital economy. Yet years…

A dispute has emerged between Paystack co-founder Ezra Olubi and a Nigerian journalist over a series of tweets Olubi allegedly posted, which the journalist claims are defamatory. The clash has drawn significant attention in Nigeria’s tech and media circles, highlighting ongoing tensions between public figures and the press in the social media era. According to…

Amazon’s satellite internet initiative, Project Kuiper, has officially made its presence felt in Nigeria, signaling a growing interest in Africa’s broadband market. However, unlike SpaceX’s Starlink, Kuiper is not positioning itself as a direct competitor in the consumer-focused satellite internet space. Instead, the company is taking a more strategic, business-oriented approach, focusing on partnerships with…