Leadership Announcements
Moniepoint Hits $1B Valuation
Moniepoint achieved unicorn status after $110M Series C led by Development Partners International.
M-KOPA Crosses 5M Customers
M-KOPA reached 5 million customers milestone across Kenya, Uganda, Nigeria, and Ghana.
Grab Launches AI-Powered Driver Assistant
Grab launched an AI co-pilot for its driver partners across 8 markets in Southeast Asia.
Klarna Files for US IPO
Klarna confidentially filed for IPO in the United States, targeting $20B+ valuation.
Wise Launches in 6 New Markets
Wise expanded its borderless account and card to 6 new countries across Latin America.
Jumia Hits Profitability Milestone
Jumia achieved first adjusted EBITDA profitability in Q4 2025, marking turnaround.
Dangote Refinery Begins Full Operations
The Dangote Refinery began full operations processing 650,000 barrels per day.
Razorpay Launches AI Reconciliation Engine
Razorpay unveiled AI-powered automated reconciliation for enterprise merchants.
Chipper Cash Expands to North Africa
Chipper Cash announced expansion into Egypt and Morocco, connecting all major African regions.
MTN Nigeria Launches 5G Across 36 States
MTN Nigeria completed 5G rollout across all 36 Nigerian states and FCT.
GoTo Group Achieves Full-Year Profit
GoTo Group reported first full-year positive EBITDA since merger.
Paga Launches Mobile Money License in Ethiopia
Paga secured a mobile money license in Ethiopia, opening Africa's second largest market.
Bolt Launches in 50th Market
Bolt celebrated entry into its 50th country market with launch in Ghana.
Wave Raises $200M Series B
Wave raised $200M led by Founders Fund to expand across Francophone Africa.
Moniepoint Hits $1B Valuation
Moniepoint achieved unicorn status after $110M Series C led by Development Partners International.
M-KOPA Crosses 5M Customers
M-KOPA reached 5 million customers milestone across Kenya, Uganda, Nigeria, and Ghana.
Grab Launches AI-Powered Driver Assistant
Grab launched an AI co-pilot for its driver partners across 8 markets in Southeast Asia.
Klarna Files for US IPO
Klarna confidentially filed for IPO in the United States, targeting $20B+ valuation.
Wise Launches in 6 New Markets
Wise expanded its borderless account and card to 6 new countries across Latin America.
Jumia Hits Profitability Milestone
Jumia achieved first adjusted EBITDA profitability in Q4 2025, marking turnaround.
Stripe Expands to 5 New Markets
Stripe announced expansion into Brazil, Mexico, India, Indonesia, and UAE with local payment method support.
Canva AI Magic Studio Launched
Canva launched AI Magic Studio featuring AI photo editing, background removal, and AI-powered design generation.
Claude 4 Released
Anthropic released Claude 4, setting new benchmarks in reasoning, math, and coding capabilities.
Databricks AI/BI Dashboard Released
Databricks released AI-powered business intelligence dashboards built on the Lakehouse platform.
Revolut Receives UK Banking License
Revolut granted full UK banking license, enabling deposit products and lending in its home market.
Notion AI Now Available Enterprise-Wide
Notion launched enterprise-grade AI features including Q&A, autofill, and AI-powered search.
ElevenLabs Launches AI Dubbing Studio
Professional AI dubbing studio for film, TV, and content creators supporting 29 languages.
Zipline Completes 1 Millionth Delivery
Zipline announced its 1 millionth autonomous delivery, spanning medical supplies across Africa, US, and Japan.
Octopus Energy Wind Farm Investment
$2.5B investment in new offshore wind projects across the North Sea.
Personio Acquires Back
Personio acquired Back to enhance its workflow automation and employee experience platform.
Flutterwave Acquires Mono
Flutterwave acquired Nigerian open banking provider Mono in an all-stock deal to expand its infrastructure platform.
Paystack Acquires Microfinance Bank
Paystack acquired Ladder Microfinance Bank, expanding from payments into full financial services.
Kuda Gets National Banking License
Kuda Microfinance Bank received a national license from CBN, enabling physical expansion across Nigeria.
OPay Champions AI at PayExpo 2026
OPay showcased AI-powered fintech innovations at Digital PayExpo Lagos, highlighting algorithmic lending and fraud detection.
PiggyVest Crosses 5.5M Users
PiggyVest reached 5.5 million users milestone, cementing position as Nigeria's largest savings and investment platform.
Andela + Emergence AI Partnership
Andela and Emergence AI launched agentic AI training program for African software engineers.
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