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 Rest of the World StartupJuly 10, 2025 LemFi targets Egypt’s $20.6B remittance goldmine as fintech wars heat up in North Africa. LemFi, the London-based fintech startup that’s been quietly building one byFatima Oladunni
News NigeriaAugust 21, 2024 Vesti Expands into India, Pakistan, and Bangladesh to Empower Global Migrants Vesti, a leading Migration-as-a-Service startup, is set to broaden its reach byFausat Abiola
Fintech News NigeriaAugust 8, 2024 Sendsprint Acquires Nobel Financial for US Expansion. Sendsprint, a rapidly growing international payment and remittance startup, has byBolu Babalola
Africa NewsJuly 18, 2024 TerraPay Scores $95 Million to Slash Remittance Fees in Africa. TerraPay, a leading African digital payments provider, has secured a significant byBolu Babalola
News NigeriaMay 17, 2024 Nigeria’s central bank greenlights 14 new money transfer services to boost dollar inflows. The Central Bank of Nigeria (CBN) announced on Wednesday that it has granted byBolu Babalola
Africa NewsApril 4, 2024 LemFi Gets Green Light for Remittance Services in Kenya. LemFi, a pioneering cross-border payment solution catering to the diaspora byMuhammed Mustapha
News NigeriaMarch 19, 2024 Nigerian Blockchain Fintech Zone Raises $8.5 Million Seed Funding. Sub-Saharan Africa grapples with the world’s highest remittance costs, byMuhammed Mustapha
Africa NewsJanuary 8, 2024 Sub-Saharan Africa Tops Global Remittance Cost – World Bank Report A recent World Bank report highlights that Sub-Saharan Africa still bears the byBolu Babalola
