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Launch Africa Returns Capital to Investors After 11 Startup Exits
Pan-African venture capital firm Launch Africa Ventures has reached an important milestone after completing 11 startup exits and returning capital to investors from its Seed Fund I. The distribution marks a significant step for Africa's venture capital market. It shows that early-stage investments are progressing beyond fundraising and valuations to successful exits and investor returns.
Bitcoin Stays Far Below Expected Price Ahead of $10 Billion Options Expiry
One of the biggest Bitcoin options expiries of the year takes place on Friday. Traders who expected the market to drift towards $72,000 have been left disappointed. About $10 billion worth of Bitcoin options will expire on Deribit, the world's largest crypto options exchange. In the past, some traders believed prices often moved closer to
Data Centres, AI Ambitions, and Resource Constraints: Africa’s Balancing Act in the Global Digital Race
Forty cities worldwide have signed a new agreement led by the C40 Cities network aimed at establishing guidelines for how data centres are planned, built, and operated. The initiative seeks to ensure that the rapid expansion of digital infrastructure benefits local communities while limiting pressure on energy, water, and land resources. For Africa, this agreement
ALX and OpenAI Explore the Skills Needed to Build Africa's AI Future
ALX and OpenAI have called for greater investment in AI skills, education, and workforce development as artificial intelligence becomes more deeply embedded across African industries. Speaking during the "Building Africa's AI Future" event in Johannesburg, technology leaders and creatives argued that long-term success will depend less on access to AI platforms than on the ability
Learning Product by Doing
When the ESQ Nigerian Legal Awards came around each year, the process was messy. Law firms emailed long submissions. Organisers sorted documents into folders, judges reviewed them, and someone had to keep track of who had sent what and what still needed attention. It worked, but only just. Watching the process unfold, Abimbola Bajomo thought
Breaking News Today – Thursday 25 June 2026
African Start-up News Headlines: Business News Today Salaries in South Africa Slump to Weakest Level in Two Years According to the latest PayInc Salary Index released this week, real wages in South Africa fell to their lowest level in two years during May 2026. The data reveals that despite nominal wage increases, inflation, rising living
Credable becomes _able following $650m in African lending activity
Credable has dropped its original name and now operates as _able. The change follows its role in facilitating more than $650 million in loans across Africa. Most of this flows through systems it provides to financial partners, not from direct lending. The shift is less about branding. It reflects how the business now works. What
Credable becomes _able following $650m in African lending activity
Credable has dropped its original name and now operates as _able. The change follows its role in facilitating more than $650 million in loans across Africa. Most of this flows through systems it provides to financial partners, not from direct lending. The shift is less about branding. It reflects how the business now works. What
Pan-African Business Sentiment Index – May 2026 Released
PABSI May 2026: First Signs of Stabilisation After Prolonged Decline The latest Pan African Business Sentiment Index (PABSI) for May 2026, released today, brings a cautious but welcome development. The continental score improved to -1.8, up from April’s -2.1. This marks the second consecutive month of recovery and the first notable lift after nine straight
No Free Lunch Podcast – Rewriting Smallholder Finance in Africa
In this episode of No Free Lunch, Host Greg Stewart speaks with Watson Vuyo Matsa, the co-founder and CEO of eSUS Farm, about how technology is being used to reshape smallholder finance across Africa. Watson’s background in logistics, supply chain management, banking, governance, credit systems, and auditing gave him the practical and financial insight to
Navigating the 2026 Crypto Regulations in Africa
Cryptocurrency adoption in Africa has been driven by practical needs rather than speculation. Digital assets have provided an alternative for users dealing with currency depreciation, expensive remittance channels, limited access to international payments, and restrictions within financial systems. As crypto activity has grown, regulators across several of the continent's Africa's largest markets have moved from
Africa Business Registration for Startups and SMEs: Nigeria
Nigeria is Africa's largest economy and one of the continent's biggest consumer markets, making it a prime destination for entrepreneurs, startups and investors. Its growing digital economy, expanding middle class and access to regional markets through ECOWAS and the African Continental Free Trade Area (AfCFTA) continue to attract businesses looking to establish or expand their
Harnessing Mobile Commerce for Africa's Retail Revolution
Retail access across much of Africa has long been dominated by informal trade. Open-air markets, kiosks, independent shops, and street vendors continue to account for the majority of consumer purchases in many countries. Yet a growing number of technology startups are changing how retailers source products, manage inventory, accept payments, and reach customers. Unlike North
Breaking News Today – Wednesday 24 June 2026
African Start-up News Headlines: Business News Today South Africa Achieves Major Rare Earth Beneficiation Milestone South Africa has taken a significant step forward in its rare earth minerals beneficiation strategy. Through a partnership between Steenkampskraal Monazite Mine and Mintek (the national mineral research organisation), the country has successfully produced high-purity Mixed Rare Earth Carbonate (MREC)
Paystack Launches Small Business Growth Initiative
Nigerian fintech company Paystack has launched a new Small Business Program aimed at helping merchants access funding, business tools, professional services, and growth opportunities beyond payment processing. The initiative debuts with the Paystack Small Business Bundle, a package offering 2,000 eligible Nigerian merchants access to discounts and benefits valued at up to ₦4 million (approximately
KOMER Expands Into Ride-Hailing in Yaoundé
Getting around Yaoundé is not always straightforward.Traffic can turn a short trip into a long journey, while arranging deliveries often means juggling calls, messages and different service providers. For many residents and businesses, moving people and goods across the city remains an everyday challenge. KOMER believes there is room for a simpler approach. The Cameroon
Founders and Industry Leaders Gather at Tech Derby 2026
Technology is changing how companies operate, hire staff and serve customers. Those changes were a key focus at the Tech Derby Conference 2026, held in Derby, England, during East Midlands Tech Week. The event brought together business owners, startup founders, investors, lecturers, students and technology professionals. Discussions focused on the challenges businesses face and the
Kenya Explores OpenAI Academy for East Africa
Kenya is exploring a partnership with OpenAI that could see Nairobi host the first OpenAI Academy in East Africa. President William Ruto revealed the discussions following a meeting with OpenAI Chief Executive Officer Sam Altman during the G7 Leaders' Summit in France, where the two discussed opportunities for collaboration in artificial intelligence and digital skills
The Fleet Growth Challenge Facing African Startups
For many startups, growth brings a familiar challenge. More customers usually mean more vehicles. A delivery business may need extra vans. A logistics company may need more trucks. A ride-hailing platform may need more drivers on the road. The problem is that vehicles are expensive. For a young business, buying several vehicles at once can
Business School – Building Resilience In Your Business
Geopolitical Risk & Scenario Planning: Building Resilience in Turbulent Times African entrepreneurs have always operated in environments of rapid change. Currency fluctuations, policy shifts, infrastructure gaps, and social dynamics are familiar challenges. Yet the past 18 months have presented an unprecedented convergence of shocks. Persistent supply chain disruptions, new tariffs in key markets, rising conflicts