When Ventures Platform announced the first investment from its Pan-African Fund II last week, the cheque did not go to a consumer app, a payments…
Browsing Category
Business
44 posts
Cape Town Fintech Double: NjiaPay $2.1M + Orca Fraud $2.35M Close Same Day
On March 9, 2026, two Cape Town-based companies raised a combined $4.45 million in seed funding within hours of each other. Neither makes consumer apps.
Africa Tech M&A Consolidation Wave: 67 Deals, Super-Conglomerates, and the End of Blitzscaling
When Flutterwave announced the acquisition of Mono on January 5, it framed the deal as a bet on Africa’s next phase of fintech growth. The price was…
Weego $1.1M Seed — Azur Innovation Backs Moroccan-Senegalese Shared Mobility Platform
Weego, a shared mobility platform operating across Morocco and Senegal, has closed a $1.1 million seed round led by the Azur Innovation Fund, making it…
MTN’s $2 Billion War Chest: The Acquisition Plan That Could Reshape African Fintech
With $2B+ in cash and 300 million subscribers, MTN Group is actively targeting fintech acquisitions in payments, lending and remittances. CEO Ralph Mupita confirms the strategy.
Trademark Tangles: What the Zap Africa vs. Paystack Clash Means for Startups
Starting a business is tough enough—finding your niche, building a product, and winning customers all take grit and hustle.
Why Most Nigerian Startups Don’t Survive Market Entry
Let’s face it, the Nigerian startup ecosystem is the largest in Africa and one of the largest in the world. With over 5 billion dollars raised, the startup culture in Nigeria is taking off…
4 Ways You Can Invest with ₦10,000
The common belief that investment requires millions of naira is not totally correct. See investments as seeds – you plant, wait after germination then harvest.
NNPC Ends Naira Payments for Crude: Impact on Nigerians
The Nigerian National Petroleum Company (NNPC) has announced the suspension of naira payments for crude oil purchases by local refineries, a decision that has sparked widespread discussion…
Why Innovative Business Ideas Struggle to Take Off
Key Takeaways People resist change because they are used to their old ways and feel comfortable with what they know. Fear of the unknown makes people hesitant to accept new ideas.