Lagos Is Getting a $250 Million Hyperscale Data Center. Here’s Why Nigeria Still Can’t Power the Cloud. Kasi Cloud just broke ground on what will become one of Africa's largest data byFatima OladunniFebruary 26, 2026
Ghana’s Fido Just Raised $5.5M to Prove AI Can Underwrite Africa’s ‘Unbankable’ — Without a Credit Score in Sight With over 1 million customers, $500 million disbursed, and a proprietary AI byBolu BabalolaFebruary 26, 2026
Spiro Just Raised $50M in Debt to Flood Africa With Electric Motorcycles. The Real Question: Can Battery Swaps Actually Scale? With 80,000 e-bikes deployed, 30 million battery swaps completed, and $230 byBolu BabalolaFebruary 25, 2026
Morocco’s WafR Just Raised $4M to Turn 100,000 Corner Stores Into Digital Banks. Here’s Why That Actually Works With 20,000 neighborhood shops already processing mobile top-ups, bill payments, byBolu BabalolaFebruary 24, 2026
Africa NewsFebruary 26, 2025 Entrepreneur Academy by 54 Collective Closes Its Doors After Years of Impact. The Entrepreneur Academy, an initiative by 54 Collective, is officially winding byFatima Oladunni
News NigeriaApril 2, 2024 Nigerian startup Thepeer forced to shut down due to regulatory hurdles. Three years after securing nearly $2 byMuhammed Mustapha
Africa NewsMarch 28, 2024 LetsChat, from TikTok’s Parent Company, Closes Shop in Africa. LetsChat, the ambitious instant messaging venture developed by ByteDance, the byBolu Babalola
Fintech NewsMarch 10, 2024 Flutterwave shuts down barter card service. African financial technology behemoth Flutterwave has announced it will be byBolu Babalola
News NigeriaFebruary 19, 2024 Flutterwave-owned Disha to shut down operations next month. Disha, the no-code platform designed for creatives and acquired by Flutterwave byBolu Babalola
News NigeriaJanuary 25, 2024 Nigerian Startup Cova, Aiding Investment Tracking, Shuts Down. Founded by ex-CEO and founder at Printivo, Olu’yomi Ojo, and Yomi Osamiluyi, the byFatima Oladunni
MoonsightsDecember 27, 2023 Funding Drought in Africa: 15 Startups That Could Not Weather The Storm in 2023 There is undoubtedly a turbulent phase unfolding in the tech world, marked by byMuhammed Mustapha
