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Nigerian startup Carrot raises $4.2M in a seed funding round to help more people and businesses in Africa get access to loans. This is great news for the company and for many Africans who find it hard to borrow money…
Microsoft Launches Regional Cybersecurity Initiative with Kenya’s NC4. Microsoft has started a new program to help Kenya and nearby countries stay safer from online attacks. This program is called the Advancing Regional Cybersecurity (ARC) Initiative. Microsoft announced it at a…
Kenya is planning to sell part of its 35% stake in Safaricom, the country’s biggest telecom company, to raise part of the $1.16bn it needs in the 2025/26 financial year. This is part of a bigger plan by the government…
Global payments app Sentz has just launched a new feature called ‘Sentz Earn’ to help users earn up to 8% interest on their stablecoin balance. This is great news for Nigerians who want to grow their money without losing control…
Apple has just announced that it will increase the price of its Apple Music monthly subscription for users in Nigeria. Starting June 22, 2025, the cost of the Individual plan will go up from N1,000 to N1,300. This is a…
MTN unveils a new era of tech partnership in Uganda, and it’s big news for everyone in the country. MTN Uganda and its Mobile Money (MoMo) service are teaming up with the government to help Uganda move forward with digital…
The CFO of Vendease resigns as the Y Combinator-backed startup undergoes restructuring and seeks new funding. Mohamed Chaudry, who was the chief financial officer and also helped run the company’s operations, left his job in April 2025. His leaving comes…
Africa Delivery Technologies Holding, the parent company of Kwik, a popular delivery service in Nigeria, has been declared bankrupt by a court in Amsterdam. This happened after a disagreement with some creditors, including a former employee who says the company…
Yellow Card is pushing hard for the use of stablecoins in Africa, and for good reasons. Stablecoins are a special kind of digital money that stays steady in value because they are linked to stable assets like the US dollar.…
Kenyan startup Watu Holdings, known for its buy-now-pay-later (BNPL) services, has seen its profits decline by 85% due to a rise in loan defaults in 2024. The company’s earnings dropped by 85%, falling to just $1.2 million from $7.6 million…
