After 11 years of bold ambition and great resilience, Showmax has finally shut down on Thursday, April 30, 2026, at 11:59 pm. According to a statement by Canal+, the decision followed a strategic ...

Egyptian e-commerce startup Flextock has closed a $12.6 million Series A round led by TLcom Capital, the pan-African venture firm known for backing technology companies across the continent. The ...

After a decade of building Nigeria’s payment infrastructure, Paystack is making its most significant strategic shift yet, not by adding banking to its payments business, but by launching an entirely ...

Nearly 60% of South Africa’s $320.5 million (R5.3 billion) yearly loss in the telecoms sector is driven by SIM swap. This is according to former Vodacom Chief Risk Officer Johan Van Graan during an ...

E-hailing drivers in South Africa will no longer be free to operate across the country under new transport rules. Licences issued to Uber, Bolt and other drivers will now specify a geographic area, ...

OneDosh, a New York-headquartered, African-focused fintech startup, has announced raising $3 million in a pre-seed funding round to develop a stablecoin-powered global payments infrastructure. The ...

Zenith Bank Nigeria PLC has finally received regulatory clearance from the Competition Authority of Kenya (CAK) to acquire a 100% shareholding in Paramount Bank Limited, a mid-tier lender in Kenya.

Ethiopia’s growing remittance sector is facing a crackdown as authorities target unlicensed money transfer operators and cryptocurrency traders for avoiding national regulations. In a coordinated ...

The Nigerian Senate’s fresh move to amend the Banks and Other Financial Institutions Act to ‘accommodate fintech’ barely five years after President Muhammadu Buhari signed BOFIA 2020 into law raises ...

African fintech Nomba has acquired a licenced Payment Service Provider and Money Services Business in Canada, establishing a regulated infrastructure to facilitate business-to-business payments ...

Behind the Founders and Chief Executive Officers (CEOs) of fintechs are the Chief Operating Officers (COOs), who drive day-to-day operations. African fintechs have raised over $1 billion in funding ...

The Lagos State Government has published a list of licensed and unlicensed gambling platforms operating within the state. The move is an attempt to clear up ongoing publications surrounding false ...