Flock Safety is pitching its police-style drone program to private businesses. It could bring...

Lagos has become the centre of Nigeria’s rapidly growing gig economy, driven by food delivery apps like Chowdeck. Riders chase bonuses, battling rain and manic traffic to keep up with demand. Radio Workshop, with support from Luminate, produced an episode that explores the actual cost of convenience in Nigeria’s fast-growing delivery industry. 33-year-old Goodnews shares

HabariPay, the fintech arm of Guaranty Trust Holding Company (GTCO), has increased its profit 12-fold in three years, reaching a record ₦4.02 billion ($2.70 million) in H1 2025 from ₦322.9 million ($217,094) in H1 2022, according to GTCO’s six-month financial statements. The growth makes it Nigeria’s most profitable bank-backed fintech, surpassing Access Bank’s Hydrogen ₦283

Reliable health data remains scarce in many African countries, leaving doctors to make treatment decisions with only fragments of the full picture. A 2021 World Health Organisation (WHO) report found that nearly two-thirds of countries in its African region lacked the capacity to accurately record births and deaths, while data on non-communicable diseases was even

On September 19, US President Donald Trump signed an executive order imposing a steep $100,000 fee on H-1B non-immigrant visas. After being met with varying responses, the White House clarified that the fee hike applied only to foreign applicants in the process of filing petitions.  Several US employers, including JPMorgan, the global investment bank which

The role of digital assets in the future of finance—significant or not—is not a settled debate yet, but more agnostics are finding practical reasons to become stablecoin converts.  The biggest news in the industry last week came from MoneyGram, the 85-year-old US company, which partnered with Crossmint on September 17 to integrate stablecoin payments into

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Bonto Kenya, a Nairobi-based remittance fintech, is shutting down two years after launching, and less than eight months after securing a licence from the Central Bank of Kenya (CBK). Bonto founder and CEO Yoann Copreaux announced on Monday that the company, which specialised in remittances and foreign exchange services, stopped processing transactions on August 15

Fincra, a payments infrastructure provider for businesses in and beyond Africa, has partnered with Reap, a global stablecoin-enabled infrastructure provider, to expand card services and cross-border transactions for businesses across Africa and Asia. The partnership will see both firms develop Card-as-a-Service offerings, programmable spend controls, and new financial tools for African fintechs and SMEs. Marking

This is Follow the Money, our weekly series that unpacks the earnings, business, and scaling strategies of African fintechs and financial institutions. A new edition drops every Monday.   The Nigerian government needs more revenue to fund economic growth and its spending, and it is undertaking tax reforms and closing oil production gaps to achieve