The tech-investment stories moving Africa's markets — what moved, and why it matters.
Wed, Jul 22
Early-stage funding fell from $25 million to $9 million in a single year. That's not a dip — that's a near-collapse at the exact moment the ecosystem most needs new companies forming.
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A South African bank buying a 66% controlling stake in one of Kenya's largest lenders for $794 million isn't just a big number. It's a signal that serious cross-border capital is now moving between African institutions, not just flowing in…
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The satellite licence gets the attention. But the more consequential piece is a US$170 million US Export-Import Bank-financed contract for a sovereign data centre, a government digitisation platform and smart border surveillance — all…
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ECOWAS has been announcing the ECO for over two decades. The 2027 date is the latest in a line of targets that have quietly passed.
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Eighty percent of Africa's consumer spending — think Coca-Cola, Heineken, Unilever — moves through small, fragmented physical shops that no algorithm can reliably see from the outside.
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Beating fintech to become Africa's biggest funded sector sounds like a turning point — and in one sense it is.
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A twelve-fold spike in digital wallet balances — from ₦5.4 billion to ₦65.4 billion — sits in First Bank's 2025 annual report with no name, no partner, no explanation. Then in a single quarter it's gone.
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The FCCPC can police how digital lenders treat borrowers — interest disclosures, debt recovery, data misuse. That authority is now settled.
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