Ghana
Nigeria: Vendease Exits Ghana Market Amid Demand Surge and Strategic Shift Toward Software Solutions
In October 2024, Nigerian food supply and logistics startup Vendease officially ceased operations in Ghana, just a year after entering the market. Despite ...
Africa
Mercurie Revolutionizes Digital Payments for African Businesses
SaaS startup Mercurie has launched an innovative next-generation payment platform designed to transform how African businesses manage and pay for global digital services—all ...
Africa
Zap Africa Threatens Legal Action Against Paystack Over “Zap” Brand Name Dispute
A legal standoff is unfolding between cryptocurrency exchange Zap Africa and fintech giant Paystack over the use of the name “Zap.” The dispute ...
Africa
West Africa’s Start-Up Funding Boom: Nigeria’s Dominance and the Region’s Shifting Landscape
Since 2019, West Africa has emerged as a powerhouse in Africa’s start-up ecosystem, attracting $5.8 billion in funding—36% of the continent’s total, making ...
Fintech
PayPal and Ignyte Partner to Drive Startup and SMB Expansion in the UAE
PayPal has partnered strategically with Ignyte, a Dubai-based digital platform, to enhance support for startups and small- to medium-sized businesses (SMBs) in the ...
Innovation
Nigeria Unveils $40M Fund to Accelerate Startup Growth Amid Declining Investment
Nigeria, recognized as a leading hub for Africa’s technology ecosystem, is taking strategic steps to support early-stage startups as the sector faces a ...
Innovation
Nigeria: BOI Unveils ₦10bn GLOW Fund to Boost Female Entrepreneurship
The Bank of Industry (BOI) has introduced the Project Guaranteed Loans for Women (GLOW) initiative, a ₦10 billion special intervention fund aimed at ...
Africa
Africa: AUDA-NEPAD to Launch Digital Dashboard for Enhanced Transparency in Africa’s Mega Infrastructure Projects
The African Union Development Agency – NEPAD (AUDA-NEPAD) is set to enhance transparency and accountability in Africa’s infrastructure development through the launch of ...
Fintech
Nigeria: UBA Launches AfriGo Card to Boost Domestic Transactions and Financial Inclusion
United Bank for Africa (UBA) has introduced the AfriGo Card, a domestic card scheme designed to enhance naira-denominated transactions and strengthen financial inclusion ...
Fintech
Global: LoanPro and NovoPayment Partner to Enhance Financial Inclusion in Latin America
Credit technology provider LoanPro has entered into a strategic partnership with financial infrastructure firm NovoPayment to advance financial inclusion across Latin America. Announced ...