Fintech

Kampala has overtaken Nairobi's traditional satellites in the regional venture capital race, drawing $30 million in funding during 2025 as investors recalibrate their East African strategies.

Flextock's Series A funding signals growing investor appetite for infrastructure plays that solve the operational headaches holding back African online retail.

Ndovu Wealth, a Kenyan fintech founded in 2022, is democratizing capital market access across Africa by connecting mobile money users to pan-African investments, global stocks, and cryptocurrency through a CMA-licensed platform.

Nigerian oil marketer Eterna Plc has partnered with tech startup Fuelmetrics Limited to deploy automated, cashless fuel stations nationwide, tackling long queues and payment inefficiencies that have plagued the country's retail fuel sector.

Africa's payments giant Interswitch has rolled out simplified digital payment channels for students registering for Nigeria's 2026 university entrance examinations, addressing longstanding friction points in the country's education-to-digital pipeline.

The fintech platform formerly known as SPRX has closed a Series B round led by FPV Ventures, betting that artificial intelligence can untangle the complexities of global tax compliance.

Two artificial intelligence startups raised a combined $67 million in Series A funding this week, signaling continued investor appetite for AI applications in cybersecurity and financial services infrastructure.

Four separate moves by Nigerian and international tech companies this week reveal a coordinated push to localize digital infrastructure, unlock SME credit, and address a massive cybersecurity skills shortage affecting over 327,000 businesses.

From airport digitization to telecom tower ownership and stablecoin adoption, South African companies are driving continental digital transformation with billion-dollar investments and homegrown innovation.

The Federal Government's February 2026 Savings Bond attracted ₦5.9 billion in subscriptions, while fintech firm Nairagram closed a ₦10 billion Commercial Paper issuance within 48 hours, signaling sustained investor appetite for Nigerian fixed-income instruments.

Monica Cash processes over N500 billion in three years of operations while the Nigerian-British Chamber of Commerce presents economic reforms to UK investors weighing emerging market exposure amid private credit opportunities.

Nigeria's financial sector demonstrates growth momentum as fintech Monica Cash processes over N500 billion in three years of operations, while the Nigerian-British Chamber of Commerce markets reform credentials to London investors amid persistent risk concerns.

Guaranty Trust Bank launched a 2.95% airtime loan product while AfriGO partnered with PalmPay for in-app card requests, as financial institutions leverage mobile platforms to expand service accessibility across West Africa.

Points Africa is tackling Sub-Saharan Africa's fragmented loyalty landscape while digital skills programs expand across the continent, even as infrastructure failures expose the cost of outdated systems.

Nigerian petroleum marketer Eterna Plc has partnered with Fuelmetrics to launch self-service fuel stations, joining a wave of tech-driven innovation transforming the country's energy retail landscape amid persistent electricity challenges.