Daily Newsletter

The tech-investment stories moving Africa's markets — what moved, and why it matters.

Fri, Jul 17

Airtel Money: $10 billion says mobile money is a bank, not a feature

Airtel Money hit $1.36 billion in revenue last year — up 36 percent in a single year, across 54 million customers.

Climate Capital: the missing rung that $1.5bn can't fix

The $1.5bn headline is real. But the report quietly names the actual problem: most African climate startups aren't failing because their technology doesn't work. Solar panels, battery systems, carbon tools — all proven. What's missing is…

Uber's Africa Play: the locals are already here

Uber is paying $16.9 billion partly to enter food delivery markets in Nigeria, Kenya and Egypt — countries where it already runs cars but never launched its Eats product.

Zeepay: the CEO's personal wallet was the tell all along

A court found that Zeepay's company funds had been deposited into its CEO Andrew Takyi-Appiah's personal mobile money wallet — and held him personally liable for over $11.6 million.

Vercel's African Spree: two deals in a month, same Cairo-to-San Francisco playbook

Stakpak raised $500,000, kept its engineers in Cairo, and got acquired by a $9.3 billion company. That is a real outcome on a genuinely small budget.

Nigeria's FX Tracker: the 24-hour rule is the mechanism that changes everything

The real-time tracker gets the headlines, but the provision that actually matters is smaller and sharper: any dollars a Bureau de Change buys from Nigeria's official market and doesn't sell within 24 hours must be returned.

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