Gigbanc, a Nigerian fintech that built cross-border payment services for freelancers, creators, remote workers and businesses, is shutting down after three years as it struggled to secure fresh funding, and the startup is now in acquisition talks with an undisclosed Nigerian fintech infrastructure provider. Customers have until July 31 to convert their balances into naira…
Libya’s National Oil Corporation just announced three fresh oil and gas finds one offshore with Italy’s Eni in Block D, one onshore in the Murzuq Basin with Spain’s Repsol, and one in the Ghadames Basin near the Wafa field with Algeria’s Sonatrach all coming out of 2008-era Exploration and Production Sharing Agreements, and all signaling…
The DRC’s government has signed a $1.5 billion memorandum of understanding with China’s Genew Technologies to lay 1,700km of fibre-optic cable along the Congo River from Muanda to Kisangani, plus nearly 400km of terrestrial connections, totalling about 2,100km of infrastructure. Instead of fighting the DRC’s brutal terrain, the plan uses the river itself and its…
Diplomats and policy experts gathered in New Delhi this week with a message for Africa and India: the global order is shifting, the old boys’ club at the top is getting crowded, and if these two regions don’t lock in a serious partnership around solar energy, critical minerals, space technology, and skills, someone else will…
There is a version of African economic integration that exists on paper in treaty documents, summit communiqués, and optimistic press releases. And then there are the conversations that actually move things forward: ministers in a room, sector by sector, asking hard questions about supply chains, tariffs, investment incentives, and joint manufacturing. On June 22, 2026,…
Africa’s digital transformation has entered a new phase, where access to technology is no longer the only priority. Increasingly, governments across the continent are asking a bigger question: who owns the infrastructure powering Africa’s digital future? This debate is now playing out in Namibia, where Elon Musk’s satellite internet company Starlink has suffered another setback…
Africa’s digital future is being shaped not only by software companies and startups but also by the infrastructure that powers innovation. Mozambique is positioning itself as one of the countries looking to accelerate this transformation with the rollout of 5G technology and a broader vision to become a digital hub in Southern Africa. The country’s…
