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Friday Sales Funnel: How Startups Can Turn Unused Leads Into New Sales
One of the easiest things for a startup to do is chase another lead. The harder part is going back to the people who already showed interest. A customer asked for a quotation on Monday. Someone sent an enquiry through the website. Another person spoke to a salesperson but never came back. Someone else said
Mr Eazi’s Choplife moves operations to Itana
Mr Eazi’s Choplife has moved its operations into Itana, Nigeria’s digital special economic zone, giving the company a central base as it continues to do business across Africa. Choplife was founded by Nigerian musician Oluwatosin Ajibade, better known as Mr Eazi. What started around music has grown into a business covering entertainment, media, technology, gaming
The Mining wrap
This week’s Mining Wrap covers mining technology, strategic transactions, mine development, production and supply-chain financing across Africa. Highlights include Nigerian startup Fylings adding mining data to its company intelligence platform, CMOC’s solar and battery-storage programme in the DRC, Fortuna Mining’s US$200 million Senegal acquisition, and Barrick’s restoration of production at Loulo-Gounkoto in Mali. Mining Technology
Pesaflow Explores GovTech Opportunities in Democratic Republic of Congo
Kenyan fintech Pesaflow is exploring opportunities in the Democratic Republic of Congo (DRC) as the government expands digital public services and moves more business and administrative processes online. DRC Digital Economy Minister Augustin Kibassa Maliba met a Pesaflow delegation led by director Jovis Omondji Okoth in Kinshasa on 11 August, with discussions covering digital business
Uganda Adds 24 MWp of Solar Capacity as Ituka Plant Starts Grid Supply
Uganda has added new solar generation capacity after AMEA Power energized the 24 MWp Ituka Solar PV Plant in Madi Okollo District, northwest Uganda. The project has started feeding electricity into the national grid and is expected to strengthen supply in the West Nile region, which was connected to the national grid in 2024. AMEA
Mozambique Approves $50 Million Emergency Fuel Import Facility
The Mozambican Government has approved an emergency mechanism that will allow state-owned oil company PETROMOC to mobilise up to US$50 million for fuel imports during a crisis. The measure was established through Council of Ministers Resolution No. 65/2026, approved on 7 July 2026, providing the legal framework for PETROMOC to access the funds and support
Clea Launches Vendor Payments for African Businesses Trading Globally
Nigeria based Clea, a stablecoin powered cross-border payments startup, has launched Vendor Payments, a new feature that allows businesses to pay international suppliers, auction platforms and shipping companies directly through its platform. Clea provides African businesses with access to foreign currency and infrastructure for making international supplier payments. The platform combines stablecoin settlement with compliance
Breaking News Today – Friday 14 August 2026
African Start-up News Headlines: Business News Today South African Space Programme Announces Flight Dates The University of KwaZulu-Natal’s Aerospace Systems Research Institute (ASRI), which is is in the process of developing the liquid-fuelled Saffire engine and the two-stage commercial launch vehicle (CLV) has identified its time frame to launch and deploy a space rocket capable
Mozambique cuts banks’ FX position limit from 20% to 2%
The Bank of Mozambique has cut the amount of foreign currency commercial banks can hold in excess of their foreign currency liabilities. The overall limit for long foreign exchange positions has fallen from 20% to 2% of a bank’s own funds. For a single foreign currency, the limit has dropped from 10% to 1%. The
Naran raises $10m to expand vehicle financing across Africa
For someone working as a ride-hailing or delivery driver, getting access to a car or motorcycle is often the first problem to solve. Naran is building its business around that problem. The mobility finance startup has raised $10 million in debt and equity financing from Landel as it looks to finance more vehicles and expand
TurnStay processes $61.5m in travel payments in six months
South African travel fintech TurnStay processed more than $61.5 million in payments during the first six months of 2026, according to the company. TurnStay helps travel businesses collect payments from international customers. Its customers include hotels, lodges and tour operators that often have to deal with different currencies and payment methods.The latest figure is notable
Standard Bank wants a bigger share of Africa’s digital payments
Standard Bank is looking to make more money from the payments moving through its African operations. Its latest results show why the bank sees room to grow. Domestic payment values increased by 11% in the first half of 2026. Cross border payment values rose by 7%. Standard Bank accounted for 30% of South Africa's cross-border
Cameroon Connects 100 Women Entrepreneurs With Investors and Finance
The Conference of Ministers of Youth and Sports of the Francophonie (CONFEJES) is preparing to connect 100 women entrepreneurs from Cameroon with financial institutions, investors and potential business partners through a new initiative targeting businesses in agriculture and the digital economy. The entrepreneurs will be selected from Cameroon’s 10 regions for the Women’s Agri-Digital Entrepreneurship
Nigeria opens regulatory sandbox to crypto and stablecoin businesses
Nigeria is giving crypto and stablecoin companies a way to test their businesses under regulatory supervision. The Securities and Exchange Commission (SEC) is using its Accelerated Regulatory Incubation Programme (ARIP) for this purpose. The programme allows virtual asset businesses to operate in a controlled environment. The SEC can then assess their products and business models.
Blockops Network Raises $250,000 for Blockchain Infrastructure
Nigerian blockchain infrastructure startup Blockops Network has raised US$250,000 in pre-seed funding from Antler VC as it expands its technology for financial institutions and businesses using blockchain-based services. The company provides infrastructure that allows banks, payment companies, asset managers and other institutions to deploy blockchain applications without developing the underlying systems themselves. Its offering covers
Breaking News Today – Thursday 13 August 2026
African Start-up News Headlines: Business News Today India Seeking a new SACU Trade Agreement for Automotive and Pharmaceuticals India and the five-member Southern African Customs Union (SACU — South Africa, Botswana, Namibia, Lesotho and Eswatini) signed Terms of Reference to formally launch negotiations on a Preferential Trade Agreement (PTA) yesterday. Further talks are expected to
ECOWAS Launches 2026 Startup Awards With $65,000 Prize Pool
Startups across West Africa can now apply for the 2026 ECOWAS Startup Awards, with the regional competition offering $65,000 in cash prizes to the top three winners. The second edition of the awards aims to identify and support high-impact startups contributing to digital transformation, regional integration and sustainable value-chain development across West Africa. ECOWAS Targets
MTN expects profits to fall by up to 30% as Iran investment takes a hit
MTN Group expects its first half earnings to fall from last year, with its Iranian investment accounting for much of the decline. The group expects earnings per share for the six months to 30 June 2026 to come in between 377 cents and 431 cents. That would put earnings 20% to 30% below the 539
Spiro and Davido launch new electric motorcycles
Spiro has launched two electric motorcycles with Nigerian musician Davido as the company looks to grow its electric mobility business across Africa. The two models are the Davido Collectible and the Alpha+ by Davido. Spiro unveiled them at the Africa CEO Forum, where it also announced Davido as a brand ambassador and strategic partner. The
Africa Business Registration: How startups and SMEs can register a business in Mauritius
Starting a business in Mauritius does not require entrepreneurs to spend days moving between government offices. Company and business registration is handled by the Corporate and Business Registration Department (CBRD), with applications available through its online Companies and Businesses Registration Integrated System (CBRIS). The process is fairly quick, although registering the business is only one