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Egyptian fintech company Money Fellows has just hit a big milestone. They now have over 8 million users, and since they started, people have finished more than 2 million savings groups. This is a huge achievement and shows how much…
The Lagos State council of the Amalgamated Union of App-based Transporters of Nigeria (AUATON) has accused Moove, the e-mobility company, of wrongly arresting and torturing drivers who stood up against unfair treatment. The union says Moove arrested two drivers, Moses…
Tunisia’s PAYDAY raises $3 million to transform worker finance in a big way. This young Tunisian fintech company, PAYDAY, has just raised $3 million in its first pre-seed funding round. The money comes from UGFS North Africa, TALYS Group, and…
Kenyan fintech Jahazii has raised $400,000 in pre-seed funding to help many workers in Africa who don’t have formal jobs. Jahazii wants to make work better and fairer for millions of people by creating a “workforce operating system for Africa.”…
Starting April 1, 2026, Nigeria’s Central Bank will restrict POS agents to work with only one principal. This new rule was announced on Monday, October 6, 2025, and it means that POS agents can no longer work with many companies…
Nigeria’s first domestic card, AfriGO, has processed over N70 billion worth of transactions in 2025, showing that many people and businesses are now using it all over the country. Premier Oiwoh, the Managing Director and CEO of the Nigeria Inter-Bank…
Kenya plans to slash mobile money fees to make digital finance easier and cheaper for everyone. The Central Bank of Kenya (CBK) has announced a big plan to cut mobile money transaction fees by 57 percent. This means the average…
South Africa sees a 1200% rise in deepfake threats, and this is becoming a big worry for many people and businesses. In just one year, the number of scams using fake videos, audios, and images made by artificial intelligence (AI)…
Kenyan lending startup Zanifu gets funding from Yango Ventures, and this is exciting news for small businesses in Kenya and across Africa. This new support will help Zanifu grow and continue helping many small shops and businesses that need quick…
Ilara Health cuts staff due to funding and market challenges, and this news has come as a tough moment for the company and its workers. The Kenya-based healthtech company said it needs to reduce its number of employees because of…
