The Tony Elumelu Foundation has officially unveiled 3,200 entrepreneurs selected for its 2026 Entrepreneurship Programme, marking a significant expansion of one of Africa’s most influential private sector driven initiatives.
The announcement, made during the unveiling of the first cohort in Abuja, reinforces the Foundation’s commitment to empowering young Africans to build businesses, create…
Africa’s fintech powerhouse Moniepoint has acquired Orda, a cloud based restaurant management platform, in a strategic move that signals its growing ambition to build a full scale business operating system for African enterprises.
The acquisition will see Orda integrated…
Nigerian music icon D’banj is making waves beyond the stage by investing in the next generation of creatives and entrepreneurs. Through his C.R.E.A.M (Creative, Reality, Entertainment, Arts, and Music) platform, he has announced a massive N250 million fund to support…
Africa has solidified its position as the world leader in mobile money adoption, boasting an impressive 1.1 billion mobile money accounts and facilitating $1.1 trillion in transactions annually. This milestone highlights the continent’s innovation in leveraging mobile technology to drive financial inclusion and economic growth.
The remarkable growth of mobile money in Africa is fueled by the…
South Africa's Stitch Secures $55M in Latest Funding Round
April 24, 2025
Stitch, one of South Africa’s leading fintech infrastructure companies, has successfully raised $55 million in its latest funding round. The capital infusion is set to fuel the company’s expansion efforts, particularly in the development of its API infrastructure…
A heated legal battle has emerged in Nigeria’s tech space, as Zap Africa and Paystack face off in a trademark dispute that has drawn significant attention to the gaps in the country’s intellectual property (IP) framework. This case not only underscores the pressing…
Termii, a leading communication platform in Africa, proudly announces a series of remarkable achievements that highlight its position as a frontrunner in the industry. Termii has achieved unprecedented success under the leadership of its CEO, Emmanuel Gbolade, processing over 1 billion customer transactions (SMS, Voice and WhatsApp).
Additionally, Termii has facilitated wallet transactions…
Accelerex, one of Africa’s leading fintech companies, has announced the launch of its groundbreaking “Pay with Fingerprint” solution. This solution, the first to be deployed on Point of Sale (PoS) terminals in Nigeria, allows bank account holders to make secure and…
Zedcrest, a Nigerian investment firm specializing in debt and equity capital markets, has acquired RMB Nigeria Stockbrokers for an estimated amount between ₦400 million and ₦420 million, as reported by a source close to the transaction.
The acquisition comes as Zedcrest…
FIFA initiated disciplinary proceedings against Luis Rubiales on Thursday after the Spanish Football Federation president kissed Spain star Jenni Hermoso on the lips following the Women’s World Cup final last weekend.
In response to the incident, FIFA’s disciplinary committee informed Luis Rubiales, the president of the Spanish Football Association, that they were commencing…

