Fintech

A Moniepoint study shows digital payments are transforming Nigeria's food service sector, which is projected to grow to $19.31 billion by 2030 at an 11.73% annual rate.

Gigbanc is ceasing operations due to ongoing fundraising difficulties, reflecting broader headwinds facing early-stage fintechs in Nigeria.

From Kenya to Nigeria, African tech startups are launching AI-powered developer tools and workforce platforms, while Mastercard rolls out a continent-wide cybersecurity initiative to protect digital growth.

Paga is rolling out tokenized investment products through its payments infrastructure, while Siiqo launches social commerce tools on Telegram to help small businesses grow online.

From recruitment to cybersecurity and IT support, AI is transforming how African enterprises operate, with firms increasingly focused on compliance, efficiency, and integrated cloud ecosystems.