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Visa is testing stablecoins for cross-border payments in the DRC
Sending money from one African country to another can still be a frustrating process. There are different currencies, different payment systems and banks involved in moving the money. All of that can add time and cost to a transaction. Visa is now testing whether stablecoins can make some of that easier in the Democratic Republic
Kenya is building a battery swapping network for electric motorcycles
For someone who makes a living from a motorcycle, keeping the bike running matters. A delivery rider cannot afford to spend hours waiting for a battery to charge. The same applies to motorcycle taxi drivers who need to keep moving to earn money. That is why SUN Mobility and Vivo Energy have started rolling out
Vwaza TV is taking a different approach to Africa’s streaming market
Getting an African film in front of an audience is one thing. Making money from it is another. That is the problem Vwaza Multimedia is trying to work on with Vwaza TV, its new streaming platform for African films, series and original productions. The Malawian company launched Vwaza TV on August 19. Instead of making
WorkKE is building a marketplace for Africa’s freelancers and skilled workers
There are plenty of skilled people in Africa looking for work. The problem is that having a skill does not always mean you know where to find the next customer. That is the gap Kenyan startup WorkKE is trying to address. Founded in 2025 by Kennedy Mokaya Asiago, WorkKE has built an online marketplace where
A diverted tuition payment led to a $450 million remittance business
Jones Amegbor did not set out to build a $450 million remittance business. The idea started with a tuition payment that never reached the university. In 2010, Amegbor was working at a bank when he needed to pay university fees for a family member. He could not leave work to visit an agent, so he
Ventures Platform raises $84 million for its second African venture fund
Ventures Platform has closed its second institutional fund at $84 million. The fund gives the African venture capital firm more room to put larger amounts of money into the startups it backs. The new fund, called VP Pan-African Fund II, is about 1.8 times larger than the firm’s first institutional fund. That fund closed at
How SMEs can register a business in Burkina Faso
Starting a business in Burkina Faso does not have to mean spending days moving between different government offices. The country has a one-stop system, the Centre de Formalités des Entreprises (CEFORE), where entrepreneurs can handle most of the main steps needed to register a business. For an SME owner, the process starts with choosing how
Zimbabwe wants more coal power as electricity shortages keep hitting businesses
Zimbabwe is looking to add another 640MW of coal-fired power as the country's electricity problems continue to affect businesses. Zhong An Coking & Power has applied for a licence to build the plant in Hwange. The application is now with the Zimbabwe Energy Regulatory Authority. If approved, the project would be connected to the national
Lisk closes its blockchain as African startups lose another source of funding
Lisk is shutting down its blockchain on 31 October 2026, ending a project that had also become a source of funding for African startups building in Web3. The Swiss blockchain company said the Lisk blockchain will be discontinued at the end of October, while its decentralised autonomous organisation (DAO) will also be wound down. The
ThriveAgric secures ₦5.3 billion to expand its agricultural trading business
Nigerian agritech company ThriveAgric has raised ₦5.3 billion ($3.93 million) through a commercial paper sale, giving it more money to buy crops from smallholder farmers and sell them to larger food businesses. The company had planned to raise ₦5 billion in the first series but received more interest from investors than expected. The deal is
Daniel Yu Backs African Businesses With Job Creation in Focus
Daniel Yu has spent years building businesses in Africa’s technology sector. Now he is focusing on a different problem: how to get more African businesses to create jobs. Yu, the co-founder of Wasoko, is behind the Africa Jobs Fund, which is targeting $100 million over five years. The fund is focused on two areas that
African small businesses are finding useful ways to put AI to work
There is a lot of noise around AI and what it could mean for African businesses. For a small business owner, much of that noise does not help much. The day to day problems are usually more basic. Customers need answers, payments need to be followed up, stock needs checking and quotes need to go
Askya wants to build ‘tech Dangotes’ starting with 10 African AI startups
Askya Investment Partners is looking for 10 African AI startups to join a six-week programme, with at least $200,000 going into one of the companies. The founders will not have to pay to join the programme or give up equity just to take part. But Askya is not pitching this as another accelerator where founders
China is preparing new traffic rules for a world of self-driving cars
Self-driving cars are getting better at driving themselves. The harder question is what happens when they get something wrong. China is now looking at that problem directly. The country is reviewing changes to its Road Traffic Safety Law that would create specific rules for autonomous vehicles. One of the biggest changes could be who is
South African startup Verascient raises R19.5m to help businesses make better use of AI
Businesses are buying AI tools, but there is a problem that does not get talked about enough.The information those tools need is often sitting everywhere. A customer's details might be in one system. Their payment history could be in another. Someone's email may contain an important decision, while a spreadsheet holds the numbers needed to
FCSL launches app that lets Nigerians practise stock trading before risking real money
Getting someone interested in investing is easy. Getting them to put their money into the market is harder. FCSL Asset Management wants to tackle that problem with InvestEd+, a new mobile app that lets Nigerians learn about the stock market and practise trading before using real money. The app uses live Nigerian Exchange (NGX) market
Starlink has landed in Uganda – and African businesses are the target
Starlink has officially entered Uganda, but the bigger story is not another country being added to its African footprint. It is what the service could mean for businesses operating far away from the major cities. Paratus Uganda has launched Starlink services in the country, giving businesses another way to get online without relying entirely on
Zambia's new power projects could ease pressure on small businesses
Zambia has approved energy projects worth about ZMW18.4 billion ($971.5 million) in proposed investment. The Energy Regulation Board approved 23 licences, 20 construction permits and additions to existing licences across electricity, renewable energy and petroleum. The approvals include 11 utility scale solar projects, as well as fuel stations, renewable energy businesses and petroleum transport operations.
SMEs are hiring before they know what they actually need
For a small business, hiring usually happens when things start getting busy. There are more customers coming in, more work to finish and not enough hours in the day. The owner is doing things that someone else should have taken over a long time ago. So the business starts looking for another employee. That is
MTN’s network spending reveals a growing gap between South Africa and Nigeria
MTN is still spending billions on its South African network, but the latest numbers show that more of its money is going into Nigeria.The group spent R2.64 billion on its South African network in the six months to June, excluding leases. That is down 17.1% from the same period last year. Nigeria received R7.34 billion.