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Africa's Markets, Startups & Money Moves — Updated Daily

Nigerian Fintech Nomba Secures a $3 Million Debt Facility

Nomba, a Nigerian fintech, has secured a US$3 million debt facility through CardinalStone Finance Company to expand its cross-border payments business from the Democratic Republic of Congo (DRC),

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Iran to Step Up Efforts to Tackle Problems Created by the US Sanctions

Iran said it will step up efforts to tackle problems created by the US sanctions that are crippling its economy, while a senior Iranian official warned of a “painful response” if it comes under further attack.

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How Small African Businesses Can Build Customer Loyalty Without Big Marketing Budgets

Large companies can spend heavily on advertising, promotions and customer-retention campaigns. Small businesses often cannot. But customer loyalty does not always require a large marketing budget.

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British AI Infrastructure Company Nscale in Talks to Raise an Additional $3.5 Billion

Nscale, a British AI infrastructure company founded just two years ago, has said it may go public as early as later this month. Ahead of that expected IPO, the company is reportedly in talks to raise an additional $3.5 billion.

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Why Your Business Needs More Than Just a Website: 7 Digital Assets Every Small Business Should Build

The businesses that build these digital assets intentionally are better positioned to attract attention, establish credibility and convert visitors into customers.

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United Nations Volunteer Programme 2026

The United Nations Volunteers programme connects people with United Nations agencies and partner organizations to support development, humanitarian action, peacebuilding, and the Sustainable Development Goals

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The Africa PachiPanda Challenge

Applications are open for the Africa PachiPanda Challenge, a joint effort by MTN and WWF to inspire and support innovative solutions addressing pressing environmental challenges across the continent.


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Nigerian Startup ChipMango Raises $1.9 Million Seed Round Funding

Nigerian startup ChipMango has raised a US$1.9 million seed round of funding to expand chip-design operations across Africa, Europe, and the United States (US).

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European Union Joins the U.S.-Led Sanctions Campaign Against Iran

The European Union has formally joined the U.S.-led sanctions campaign against Iran, while South Korea said it’s weighing a military role to help reopen the Strait of Hormuz

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Grey Expands Its Payout Network to Support the Chinese Yuan (CNY) Payout

Cross-border payments platform Grey has expanded its payout network to support the Chinese Yuan (CNY) payout, allowing individuals and businesses across its operating markets to send payments directly in Chinese currency.

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Dangote Refinery IPO Details

Dangote Petroleum Refinery is planning to price shares in its upcoming initial public offering (IPO) at N525 per share, potentially raising about $1.5 billion as the company prepares for what could become Africa’s largest public offering.

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Smart Ring Maker Oura Files to Go Public

Oura, the smart ring maker, has filed to go public. The filing with the Securities and Exchange Commission on Thursday shows that Oura’s revenue has jumped substantially in the past year.

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