Africa's Markets, Startups & Money Moves — Updated Daily

Applications are Now Open for Wema Bank Hackaholics 2026

Hackaholics is Wema Bank's flagship innovation programme designed to empower Africa's brightest innovators to build solutions that solve real-world challenges and create lasting impact.

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DownloadChow-Building a Startup in the Shadow of Giants: The Reality Every African Founder Must Face

Africa’s next generation of successful companies will not emerge simply because they had the largest budgets. They will emerge because they solved real problems, earned trust, adapted to changing markets, and remained committed

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Morocco’s Fintechs Gain Access to a Card Payments Market

Because fintechs typically operate with lighter cost bases and digital-first merchant onboarding, they are better placed than traditional banks to target the long tail of micro-merchants

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The Nigeria E-Commerce Conference & Expo

Nigeria’s leading stakeholders in e-commerce, fintech, logistics, retail, technology, digital marketing, and entrepreneurship will gather at the Nigeria E-Commerce Conference & Expo in Lagos

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Open Startup Calling Startups Building High-Impact Solutions for Africa

This call is open to founders working on critical challenges across Climate, Health, AI, Emerging Technologies, FinTech, EdTech, Logistics, Supply Chain, and other impact-driven sectors

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Egyptian Fintech Startup MNT-Halan Valuation Hits $1.4 Billion

Egyptian fintech unicorn MNT-Halan, has secured undisclosed equity funding in a deal that values the company at US$1.4 billion.

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African Payments Company NALA Closes $50 Million in Credit Financing

African payments company NALA has secured up to US$50 million in credit financing to fuel its global expansion, product development and the build-out of its next-generation neobank.

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Tony Elumelu's Redtech Eyes $100 Million Capital Raise

Redtech, a Nigerian fintech startup backed by business mogul Tony Elumelu, is considering plans to raise about $100 million over the next two years as it steps up its expansion across Africa.

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Rwandan Fintech Kayko Banks $1.2 Million Seed Round

Kigali fintech Kayko has closed a $1.2 million seed round to scale a micro-ERP product that turns informal merchants’ daily activity into the kind of digital evidence banks need to lend.

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