Nigerian startup Sabi has laid off about 20% of its workforce as it shifts its business focus. The company, which started in 2020 as a B2B marketplace serving Africa’s informal trade sector, is now concentrating on commodity exports. This change…
Starlink resumes Nairobi sign-ups after pausing for 7 months, bringing excitement to internet users in Kenya’s capital and nearby towns. The satellite internet company, owned by Elon Musk’s SpaceX, had stopped accepting new customers in Nairobi, Kiambu, Machakos, Kajiado, and…
Flutterwave is enhancing support in Cameroon by offering a full range of digital payment services that help businesses accept and manage payments easily and securely. This move comes as Flutterwave becomes one of the few fintech companies fully licensed to…
Nigerian food delivery startup Chowdeck has made a major move by buying Mira, a restaurant point-of-sale (POS) and management system, for an undisclosed amount. This deal marks a big step for Chowdeck as it aims to become more than just…
Nigerian fintech startup Hizo has raised $100k in a seed funding round, marking a significant step forward in its mission to make sending and spending local currencies across African borders easier for everyone. This Hizo seed funding round, which was…
Mastercard has taken a big step to enable fintech innovation across Africa by partnering with payment solutions company enza. Mastercard partners with enza to enable fintech innovation, making digital payments easier and more accessible for both businesses and consumers all…
Nigeria’s PaidHR, a fast-growing HR technology company, has just raised $1.8 million in a seed round to boost its product development and expand its reach across Africa. The startup, founded in 2020 by Seye Bandele and Lekan Omotosho, wants to…
Schneider Electric has launched its first innovation hub in Africa, marking a major step in the company’s commitment to the continent. The new Innovation Hub is located at Schneider Electric’s modern, English-speaking head office in Midrand, Johannesburg. This launch is…
The Rwanda ICT chamber has launched Innovate4DigiJobs to empower youth and help them find their place in the growing digital economy. This new initiative, called Innovate4DigiJobs, was launched in partnership with the International Labour Organization (ILO) and the Government of…
In a major development for African financial services, Onafriq and PAPSS have today launched a cross-border payments service in Ghana that promises to transform how money moves across the continent. The new service, which began operations on June 20, 2025,…
