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Africa’s startup and innovation news: funding, founders, product, and policy.

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Fintechs May Finally Get Regulatory Clarity as Kenya’s Central Bank Reviews Laws
News•Feb 24, 2026

Fintechs May Finally Get Regulatory Clarity as Kenya’s Central Bank Reviews Laws

Kenya’s Central Bank announced a consultancy to review the Central Bank Act and the Banking Act. The overhaul targets ambiguous provisions affecting digital banking, fintech regulation, consumer protection and cybersecurity. The current legal grey zone has delayed operating licences for fintechs such as Chipper Cash, allowing banks and telcos to dominate. Aligning the laws with international best practices could unlock growth for Kenya’s vibrant fintech ecosystem.

By TechCabal
After P2P Pause, Nigeria’s Quidax Turns to Lisk for Regulated Stablecoin Rails
News•Feb 24, 2026

After P2P Pause, Nigeria’s Quidax Turns to Lisk for Regulated Stablecoin Rails

Quidax, Nigeria’s newly licensed crypto exchange, has teamed up with Swiss blockchain platform Lisk to deliver regulated stablecoin and ether trading on Lisk’s layer‑2 network. The partnership arrives just weeks after Quidax halted its peer‑to‑peer service, signaling a shift from...

By TechCabal
Spiro Secures $50M Debt Financing to Expand Battery‑Swapping Network Across Africa
Deals•Feb 24, 2026

Spiro Secures $50M Debt Financing to Expand Battery‑Swapping Network Across Africa

African electric‑mobility firm Spiro announced it has secured $50 million in debt financing from Afreximbank, Nithio and Africa Go Green Fund to scale its battery‑swapping stations across Kenya, Uganda, Rwanda, Nigeria, Benin and Togo. The funding will support the rollout...

TechCabal
A New Index Wants to Prepare African Startups for London IPOs
News•Feb 23, 2026

A New Index Wants to Prepare African Startups for London IPOs

In January, African investors and executives launched the Africa Tech 50 Index (AT50) at the London Stock Exchange to benchmark how prepared African startups are for public listings. The index uses a six‑pillar framework covering valuation momentum, revenue strength, liquidity,...

By TechCabal
Kenya’s BasiGo Enters Fixed-Route Commuting Once Targeted by Swvl
News•Feb 23, 2026

Kenya’s BasiGo Enters Fixed-Route Commuting Once Targeted by Swvl

Kenyan electric‑bus startup BasiGo is piloting a scheduled, fixed‑route commuter service in Nairobi, integrating electric mid‑size buses with existing matatu cooperatives. The three‑bus trial offers nonstop links between estates and business hubs at KES 150‑200 per seat, with 80% of...

By TechCabal
Yoco’s Marcello Schermer Says the Next Test for African Fintech Is Smarter Tools
News•Feb 22, 2026

Yoco’s Marcello Schermer Says the Next Test for African Fintech Is Smarter Tools

Yoco’s international expansion chief Marcello Schermer says African fintechs must evolve from passive transaction recorders to proactive financial partners. After a decade of digitising payments, the continent now hosts over 5,000 startups and attracted $1.37 billion in 2024, with fintech capturing...

By TechCabal
‘We Had to Learn to Be Global From Day One’: Day 1-1000 of GoNomads
News•Feb 21, 2026

‘We Had to Learn to Be Global From Day One’: Day 1-1000 of GoNomads

Uke Enun founded GoNomads to solve African firms' cross‑border trade hurdles after a failed e‑commerce experiment. The B2B consultancy launched in 2021, iterating its MVP and securing a Payoneer partnership that gave clients multi‑currency accounts and a Mastercard. Early revenue...

By TechCabal
Foreign VCs Warn Nigeria’s New Capital Gains Tax Could Slow Investment
News•Feb 21, 2026

Foreign VCs Warn Nigeria’s New Capital Gains Tax Could Slow Investment

Nigeria’s 2025 Tax Act replaces the standalone Capital Gains Tax regime with a unified system, raising the corporate CGT rate from a flat 10% to as high as 30% and introducing an economic‑nexus rule that taxes offshore share sales tied...

By TechCabal
35 Million Nigerians Live with Disabilities. This Startup Is Building the Web for Them.
News•Feb 21, 2026

35 Million Nigerians Live with Disabilities. This Startup Is Building the Web for Them.

Adaptive Atelier, founded by Toyosi Badejo-Okusanya in 2023, is building an accessibility infrastructure for Africa’s 35 million disabled citizens. The startup offers two core products: AdaptiveWiz, an API that lets users personalize website experiences in real time, and AdaptiveTest, a diagnostic...

By TechCabal
Why Verifying a Business in Africa Is Harder than Moving Money
News•Feb 20, 2026

Why Verifying a Business in Africa Is Harder than Moving Money

Cross‑border payments in Africa now settle in seconds, but verifying the counterpart business can take weeks. The delay stems from fragmented, offline national registries and a lack of cross‑border data harmonisation, creating a “registry gap” that hampers the African Continental...

By TechCabal
Quick Fire 🔥 with Feranmi Ajetomobi
News•Feb 20, 2026

Quick Fire 🔥 with Feranmi Ajetomobi

Feranmi Ajetomobi has spent a decade driving growth across Nigerian fintech, consumer goods, and web3 ventures, from Cowrywise’s savings habits to Flutterwave’s rapid scaling. He leverages behavioral psychology, community‑led tactics, and data‑driven nudges to turn dormant users into active transactors....

By TechCabal
Africa’s Loyalty Programmes Are Siloed. This Ghana-Based Startup Wants to Unify Them
News•Feb 17, 2026

Africa’s Loyalty Programmes Are Siloed. This Ghana-Based Startup Wants to Unify Them

African loyalty programmes are fragmented, with points locked to individual brands such as telecoms or supermarkets. Ghana‑based fintech Points Africa is building Sub‑Saharan Africa’s first shared loyalty network that lets merchants issue and redeem a single reward currency. The startup...

By TechCabal
Kenya’s Arc Ride Secures $5 Million IFC Commitment for Regional Expansion
News•Feb 17, 2026

Kenya’s Arc Ride Secures $5 Million IFC Commitment for Regional Expansion

Kenyan e‑mobility startup Arc Ride has secured a $5 million equity commitment from the International Finance Corporation to fuel its Series A round and regional rollout. The funding will accelerate the deployment of battery‑swapping stations across East Africa, complementing earlier debt deals...

By TechCabal
With New Subsidiary, Chams Joins Nigeria’s Growing AI Infrastructure Race
News•Feb 17, 2026

With New Subsidiary, Chams Joins Nigeria’s Growing AI Infrastructure Race

Chams Holding Company Plc announced the formation of a new subsidiary, ChamsCorp Plc, to focus on AI infrastructure, data‑centre design, and digital device manufacturing. The move marks a strategic pivot from its legacy payments and identity services toward the foundational...

By TechCabal
Points Africa Raises $2M From VestedWorld to Build Africa’s First Shared Loyalty Network
Deals•Feb 17, 2026

Points Africa Raises $2M From VestedWorld to Build Africa’s First Shared Loyalty Network

Ghana‑based fintech Points Africa announced a $2 million seed round led by early‑stage VC firm VestedWorld. The funding will support rollout of its shared loyalty platform across Ghana and expansion into other African markets.

TechCabal
Nigerian-UK Startup Launches AI Tool Translating Sign Language to Speech and Text
News•Feb 16, 2026

Nigerian-UK Startup Launches AI Tool Translating Sign Language to Speech and Text

Talksign, a Nigeria‑UK AI startup, unveiled Talksign-1, a foundation model that converts American Sign Language (ASL) into speech and text in under 100 milliseconds and vice‑versa. The system recognises 250 ASL signs via a standard webcam, achieving 84.7% accuracy on...

By TechCabal
“I Had No Assumptions. I Was Just Building:” Day 1-1000 of Selar
News•Feb 14, 2026

“I Had No Assumptions. I Was Just Building:” Day 1-1000 of Selar

Selar, the African creator‑commerce platform founded in 2016, paid out over ₦18 billion ($12.8 million) to users in 2025, nearly double its 2024 payouts. The growth stemmed from relentless product iteration, a shift toward disciplined distribution, and a strategic pivot after the...

By TechCabal
Eden Life Pauses Consumer Business to Refocus on Corporate Clients
News•Feb 14, 2026

Eden Life Pauses Consumer Business to Refocus on Corporate Clients

Eden Life, the Lagos‑based home services startup, has temporarily halted its consumer‑facing food, cleaning and laundry subscriptions to concentrate on higher‑margin corporate catering and industrial food contracts. The strategic reset follows an internal audit that flagged weak unit economics amid...

By TechCabal
Can Prediction Markets Fix a Multi-Billion-Dollar Information Gap for African Startups?
News•Feb 14, 2026

Can Prediction Markets Fix a Multi-Billion-Dollar Information Gap for African Startups?

African tech startups repeatedly waste capital because founders lack reliable market data, leading to costly pivots and failures. The continent’s ecosystem raised $4.1 billion in 2025, yet 54% of startups still collapse, reflecting a multi‑billion‑dollar information gap. Prediction markets—already familiar through...

By TechCabal
Kenya’s WapiPay Targets Billions in Diaspora Cash to Unlock Credit for Households
News•Feb 13, 2026

Kenya’s WapiPay Targets Billions in Diaspora Cash to Unlock Credit for Households

WapiPay, a Kenyan fintech founded in 2019, has introduced a Remittance Credit Scorecard (RCS) that lets banks and SACCOs incorporate diaspora money‑transfer data into loan underwriting. The AI‑driven tool analyzes payment frequency, size and stability, converting these patterns into a...

By TechCabal
This Kenyan Startup Promises School Pickups Digital Paper Trail
News•Feb 10, 2026

This Kenyan Startup Promises School Pickups Digital Paper Trail

TerraGO, a Kenyan startup, has launched an NFC‑based platform that records school transport handovers through wristbands or bag tags and readers at buses and gates. The system creates time‑stamped, location‑specific logs of boarding, arrival and pickup events, providing parents and...

By TechCabal
North Africa Rises on Deals as MENA AI Funding Hits $858 Million
News•Feb 10, 2026

North Africa Rises on Deals as MENA AI Funding Hits $858 Million

AI venture capital in the Middle East and North Africa surged to $858 million in 2025, representing 22% of total regional VC and 29% of all deals. The United Arab Emirates and Saudi Arabia dominated funding, absorbing 87% of AI capital,...

By TechCabal
Regulatory Conditions Block Access Bank’s Bidvest Bank Acquisition
News•Feb 10, 2026

Regulatory Conditions Block Access Bank’s Bidvest Bank Acquisition

Access Bank's planned acquisition of South Africa's Bidvest Bank has collapsed after the Nigerian lender failed to satisfy regulatory conditions by the Jan 26, 2026 deadline. The deal, announced in Dec 2024, would have given Access 100 % ownership of Bidvest Bank, expanding its...

By TechCabal
What You Need to Know About M-PESA’s Ziidi Trader
News•Feb 10, 2026

What You Need to Know About M-PESA’s Ziidi Trader

Safaricom launched Ziidi Trader, integrating NSE share trading into the M‑PESA app for its 37 million users. The service eliminates the need for separate CDS accounts and brokerage paperwork, using a pooled account managed by licensed brokers while settlements occur instantly...

By TechCabal
Calling App Talk360 Secures $1.4M Secondary Investment as It Reaches Profitability
News•Feb 10, 2026

Calling App Talk360 Secures $1.4M Secondary Investment as It Reaches Profitability

Talk360, the African‑focused international calling app, closed a $1.4 million secondary investment led by its lead backer HAVAÍC. The funding arrives as the company announced profitability and $12 million in annual revenue from over six million users. It will be used to...

By TechCabal
South Africa’s Nedbank Promises to Retain NCBA Staff in Kenyan Takeover
News•Feb 10, 2026

South Africa’s Nedbank Promises to Retain NCBA Staff in Kenyan Takeover

Nedbank Group, South Africa’s fourth‑largest bank, announced it will retain all 3,712 NCBA employees after completing its proposed acquisition of a 66% stake in the Kenyan lender. The pledge, detailed in NCBA’s additional information filing, aims to ease typical post‑deal...

By TechCabal
Talk360 Secures $1.4M Secondary Investment Led by HAVAÍC
Deals•Feb 10, 2026

Talk360 Secures $1.4M Secondary Investment Led by HAVAÍC

Talk360, the African‑focused international calling app, announced a $1.4 million secondary investment led by its lead investor HAVAÍC, with support from Universum Wealth. The capital will fund product development, including the launch of Shop360, a feature for sending airtime and data...

TechCabal
Only 26 African Startups Raised $174 Million in January. Here’s What It Signals
News•Feb 9, 2026

Only 26 African Startups Raised $174 Million in January. Here’s What It Signals

African startups raised just $174 million in January 2026, $102 million less than the same month last year and far below the 12‑month average of $263 million. Only 26 companies secured more than $100,000, the lowest January count since 2020. Two deals –...

By TechCabal

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