Five Africa Startups To Pay Attention To In 2026
Jumia has focused on its core e-commerce and JumiaPay ecosystem after shutting down non-core food delivery markets. Flutterwave is preparing for a potential NASDAQ listing, having secured new licenses and expanded its remittance services.
Nigeria’s Fintech Sector: 35% of Total Tech Investment in 2024
$2 billion raised by fintech startups in 2024. Nigeria became Africa’s top venture capital destination, attracting $520 million in equity funding, an 11% increase from 2023.
Condia’s top 10 stories of 2025
African startups to watch in 2025 were identified, showcasing a shift towards unit economics and renewed funding optimism. Nigerian fintechs are increasingly expanding into cross-border operations due to the naira's devaluation, indicating a strategic pivot in the industry.
Top 10 acquisitions in 2025
LemFi acquired Bureau Buttercrane, securing an Irish operating license for expansion across the European Economic Area. Moove acquired Kovi, strengthening its presence in Latin America's mobility and fleet-financing market.
The Moove pitch that became a debt trap for Lagos drivers
Christian Ovie discovers his 'new' vehicle from Moove is actually a recycled asset with a hidden history. Moove's financing model has led to aggressive hikes in daily remittance fees, nearly doubling the payments for drivers.
