Kredete raises $22M to launch Africa’s first stablecoin-backed credit card Summary Kredete, a Nigerian fintech founded in 2023 by Adeola Adedewe, has raised $22m in a Series A round led by AfricInvest (through its CAIF and FIVE vehicles) with participation from Partech and Polymorphic Capital. The new capital brings total funding to $24.75m and will […]
Nigeria ordered the sale of NITEL’s successor. Here’s why it still hasn’t happened Summary AMCON, Nigeria’s asset management agency, has tempered expectations for a quick sale of NatCom Development and Investment Limited (NATCOM) — the company that succeeded NITEL and now trades as ntel — despite a presidential directive earlier in 2025 to divest the […]
Nigeria’s Caring Africa joins Morgan Inclusive & Sustainable Ventures as sole African pick Summary Caring Africa, a Nigerian tech and policy organisation building digital infrastructure for the care economy, has been selected as the only Africa-based participant in Morgan Stanley’s 2025 Inclusive & Sustainable Ventures innovation lab. The organisation’s flagship product, Caring Blocks, is described […]
Only 1 in 100 Africans use 5G despite $28 billion investment Summary New data from the ITU and UNESCO shows that only around 1% of Africans were connected to 5G in 2024 despite roughly $28 billion poured into next-generation mobile networks over the past five years. By end-2024, just over half of mobile connections on […]
How you ran Google ads for the last 20 years is about to change Summary Google has expanded AI Max for Search campaigns globally (rolled out 10 September 2025). AI Max brings automated features — final URL expansion, improved search-term matching, asset optimisation and AI-driven text customisation — that change how search ads match users […]
Africa’s gender funding gap persists; women founders still get just 1 in 10 dollars Summary Africa’s tech funding rebounded strongly in 2025, with more than $2bn raised across 500+ deals by August. Yet the recovery has not been evenly shared: male-led startups captured roughly 75% of funding, while companies with at least one female founder […]
Next Wave: How to plan for Africa’s next technology decade Summary This piece argues that Africa’s technology story so far has been driven largely by entrepreneurial opportunism and global hype cycles. The author calls for a shift towards Strategic Direction — coherent, multi-layered planning across local, regional and continental levels — to make the next […]
Stake-backed start-up launches virtual hosts for live table games Summary Animo Studios, founded by livestreamer and Fortnite champion Harley Fresh, has launched live animated hosts for online table games in an exclusive, limited rollout on Stake. The service uses motion capture, live broadcasting, machine learning and proprietary tooling to let human presenters appear as animated […]
Melco proposes new notes offering, looking to redeem outstanding 2026 notes Summary Melco Resorts Finance Limited, the financing arm of Melco Resorts & Entertainment that runs City of Dreams Macau, Altira Macau and Mocha Clubs, has proposed an international offering of senior notes as part of a plan to redeem all outstanding 5.250% senior notes […]
Hong Kong Stock Exchange deems Andrew Lo unsuitable to be director of LET Group or Summit Ascent due to attempted Tigre de Cristal sale Summary The Stock Exchange of Hong Kong has issued a Director Unsuitability Statement and a censure against Andrew Lo, the majority shareholder, executive director and chairman of LET Group Holdings and […]
