54 Collective Shuts Down After Court Orders Liquidation Over $106M Mastercard Foundation Grant Dispute. 54 Collective, the venture firm formerly known as Founders Factory Africa, has byBolu BabalolaJuly 24, 2025
Africa’s First Digital SEZ Launches Full-Stack AI Growth Zone to Bridge Continental Infrastructure Gap. Itana aims to keep African AI talent from relying on expensive foreign GPU byFatima OladunniJuly 24, 2025
Egyptian Fintech Flend Raises $3M Seed Round to Digitize SME Lending Across MENA Egyptian digital SME lending platform Flend has closed a $3 million seed funding byBolu BabalolaJuly 24, 2025
Moroccan superapp ORA raises $7.5M Series A to digitize North Africa’s cash-heavy economy. Morocco-based superapp ORA Technologies has closed a $7 byBolu BabalolaJuly 21, 2025
News NigeriaJune 25, 2024 Flutterwave undergoes restructuring and lays off 3% of its workforce. African payments giant Flutterwave has laid off about 30 employees, which byMuhammed Mustapha
Africa NewsMay 30, 2024 African Banker Awards name Flutterwave 2024’s Fintech of the Year. The prestigious African Banker Awards named Flutterwave, Africa’s most valuable byMuhammed Mustapha
Africa NewsMay 30, 2024 Flutterwave gets the green light to operate in Mozambique with a preliminary payment license. Flutterwave, one of Africa’s foremost payment companies, has achieved a byMuhammed Mustapha
News NigeriaMay 17, 2024 Flutterwave suffers ₦11 billion loss in cyberattack. This incident occurred just one month after Flutterwave secured a court order to byMuhammed Mustapha
Fintech NewsMarch 13, 2024 Bode Abifarin Departs as COO of Fintech Giant Flutterwave. Bode Abifarin has stepped down as the Chief Operating Officer (COO) at byBolu Babalola
Fintech NewsMarch 10, 2024 Flutterwave shuts down barter card service. African financial technology behemoth Flutterwave has announced it will be byBolu Babalola