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

Uber Winding Down Its Ride-Hailing Operations in Nigeria

Uber Technologies is winding down its ride-hailing operations in Nigeria, marking the end of a 12-year presence in West Africa’s largest market.

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African Startups and Other Ventures Raised $3.3 Billion in the First Half of 2026

African startups and other ventures raised $3.3 billion in the first half of 2026, representing a 73 percent increase from the same period in 2025 and the strongest mid-year funding performance

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Mobility Fintech Company Moove Valuation Hits $2.1 Billion

Mobility fintech company Moove has successfully raised $250 million in a Series C funding round, achieving a valuation of $2.1 billion and officially entering the coveted unicorn club.

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Mobility Financing Startup, MAX, Raises $24 Million in Debt and Equity Round

Metro Africa Xpress (MAX), a Nigerian mobility financing startup, has raised $24 million in an equity and debt funding round.

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