The tech-investment stories moving Africa's markets — what moved, and why it matters.
Thu, Oct 15
For every $10 OPay lends in Nigeria, it sets aside $1.28 just to cover loans it expects never to get back. That leaves $1.27 before paying for staff, technology, or the cost of borrowing the money in the first place.
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The £5.3 billion valuation survived unconditional trading. Shares dipped half a penny below the offer price, then recovered. For a debut in a subdued London market, that's not embarrassing — it's enough.
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The drivers want a 10% commission cap. Bolt is calling for dialogue without offering a number. inDrive isn't answering questions at all.
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Nigeria's banks don't refuse small business loans because they hate entrepreneurs. They refuse because they can't price the risk — no credit history, thin collateral, no track record.
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The headline names the busiest investors. The number underneath it is the one that matters: 171 startups raised between $100,000 and $1 million in the first nine months of 2026, down from 220 in the same period last year — the lowest count…
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Reporting quantifies Lagos gaming licensing hurdle at ₦100M, with mobile billing access at stake for local game developers
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