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

Introducing LOOP Ride — The Homegrown Replacement for Uber Launches in Nigeria

Nigeria's ride-hailing space has a new challenger. LOOP Ride, a new mobility platform built as a direct replacement for Uber, has officially launched. The announcement was made today by the LOOP team

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Sterling Bank Commits ₦60 Million in Prizes for 2027 South East Mathematics & Science Olympiad

Sterling Bank has committed ₦60 million in prizes for the 2027 South East Mathematics & Science Olympiad, in a major boost for STEM education in Nigeria's South East region.

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AfricArise Launches Cape Venture Bridge to Prepare Western Cape Startups for International VC

Western Cape tech startups are invited to apply for the first cohort of the Cape Venture Bridge, a new programme run by AfricArise that aims to prepare them for international VC and market expansion.

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Investable.Africa Launches Platform with 4,000 Investors for African Startups

African startup funding platform Investable.Africa has launched in open beta, giving founders access to a database of more than 4,000 investing firms and investors free access to deal flow from all 54 African countries.

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Madica Secures $6 Million from Flourish Ventures to Extend African Pre-Seed Investment Pilot by 3 Years

Madica, a structured pre-seed investment programme for African startups, has secured US$6 million in additional capital from Flourish Ventures to extend its investment pilot by three years.

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Apply for the 2026 Edition of the FoodTech 500

African startups working at the intersection of food, technology and sustainability are invited to apply for the 2026 edition of the FoodTech 500. Run by Forward Fooding and inspired by the Fortune 500, the FoodTech 500 bills itself as the world’s first definitive list of global entrepreneurial talent in the food-tech space

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Skincare Brand CHOSEN Raises Series A Extension from Wellbeing Nutrition Founders

Skincare brand CHOSEN has raised an extension of its Series A round from Avnish Chhabria and Saurabh Kapoor, founders of Wellbeing Nutrition.

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Seplat Energy Repays $100 Million Final Balance on ExxonMobil Nigeria Acquisition Debt

Seplat Energy Plc has repaid the final $100 million balance of the debt it incurred to acquire ExxonMobil’s Nigerian oil and gas assets, bringing all acquisition-related borrowing for the transaction to an end.

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Fidelity Bank Plc Redeems $400 Million Senior Unsecured Notes, Reinforces Investor Confidence

Fidelity Bank Plc has successfully redeemed its 5-Year US$400 million Senior Unsecured Notes at maturity, reaffirming its commitment to meeting its obligations to investors and reinforcing its track record in the international debt capital markets.

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UK Study Visa: International Students Must Show £14,130 Living Expenses for London From November 30

The United Kingdom has announced an increase in the financial requirements for international students applying for study visas, with applicants studying in London expected to demonstrate access to at least £14,130 in living expenses from November 30, 2026.

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AfriWallStreet Joins Platforms Where Creators Can Host Courses for Free

The African digital business ecosystem expands its learning opportunities, empowering educators, professionals, entrepreneurs, and content creators to share knowledge and reach wider audiences.

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GTBank Debit Cards Now Available on Google Wallet: Pay with Google Pay in Nigeria and Internationally

Customers of GTBank can add their GTBank debit cards to Google Wallet and pay with Google Pay online, in Nigeria and internationally. Businesses that use Squad, the payment gateway run by the Group's payments subsidiary HabariPay, can now offer Google Pay to their customers at checkout.

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