Nigeria’s top startup founders named in Endeavor’s 2026 outliers list – Businessday NG
Nigeria’s high-growth startup ecosystem has gained global recognition once again as Endeavor unveiled its 2026 ‘Outliers’ cohort which highlights some…
Tag: Businessday
Paga Group reshuffles leadership in key expansion move – Businessday NG
Paga Group has announced a major leadership restructuring, marking 17 years of operation and signalling a strategic shift toward deeper…
Africa’s start-ups turn to debt as funding crunch reshapes $1.2bn market – Businessday NG
African start-ups are increasingly turning to debt financing as venture capital becomes harder to secure, reshaping what analysts say is…
Littlefish secures $9.5M Series A to scale merchant infrastructure for African banks – Businessday NG
Littlefish, a South Africa-based fintech infrastructure startup, has raised $9.5 million in a Series A funding round led by Partech,…
Kenya, Rwanda move toward single licence for cross-border fintech expansion – Businessday NG
Kenya and Rwanda are working toward a regulatory framework that could allow fintech companies to operate across both markets using…
CcHUB, Mastercard Foundation open applications for fourth edTech fellowship in Nigeria – Businessday NG
Co-creation HUB (CcHUB), Nigeria’s pioneering tech innovation hub in collaboration with the Mastercard Foundation, has officially launched applications for the…
When venture growth meets bank debt: The Alerzo–Moniepoint showdown – Businessday NG
The dispute between Ibadan-based B2B e-commerce startup Alerzo and fintech lender Moniepoint Microfinance Bank is fast becoming a defining test…
African tech debt hits $1.64B in 2025, signaling a structural shift in startup funding – Businessday NG
African tech startups raised a record $1.64 billion through debt financing in 2025, a 63 percent increase from $1.01 billion…
TetradPay spotlights Global readiness as next frontier for African fintechs – Businessday NG
TetradPay has stated the importance of building African fintech companies with global ambitions beyond local markets. The firm said this…
Flutterwave CEO joins $22m Terra round as African defensetech accelerates expansion – Businessday NG
Olugbenga Agboola, the chief executive of Flutterwave, has joined a fresh $22 million funding round for Nigerian defensetech startup Terra…
African fintechs must abandon “growth at all costs” model to win trust, scale sustainably – Kuda’s MD – Businessday NG
African fintech startups seeking to onboard the continent’s next billion users will need to rethink their long-standing growth strategies, Musty…
ASVLP 2026 to convene Africa, MENA venture leaders as startup funding rebounds – Businessday NG
Venture capitalists, founders and policymakers from across Africa and the Middle East and North Africa (MENA) will gather on January…
After year-long silence, Thepeer rebuts co-founder’s fraud allegations – Businessday NG
Nearly two years after Nigerian fintech startup Thepeer quietly shut down in May 2024, one of its co-founders has broken…
Africa’s tech investors pivot to debt as funding hits $4.1bn in 2025 – Businessday NG
African tech investors piled into debt in 2025, driving total startup funding to a record $4.1 billion, as founders and…
How M&A redefine African tech in 2025 – Businessday NG
African Tech has recorded its largest M&A with a 72 percent jump in 2025 as startups pivot to consolidation. This…
Startup shutdowns in Africa jump 50% in 2025, erasing $52 million in investor capital – Businessday NG
Startup shutdowns in Africa jump 50% in 2025, erasing $52 million in investor capital Businessday NG Source link
Startup shutdowns in Africa jump 50% in 2025, erasing $52 million in investor capital – Businessday NG
Startup shutdowns in Africa jumped 50 percent in 2025, erasing more than $52 million in previously raised capital, as a…
Eighteen startups in hunt for $1bn Unicorn valuations – Businessday NG
Eighteen companies across fintech, mobility, energy, healthtech and property are now being closely watched by investors, following a year in…