eBee Africa, the Kenyan mobility startup that once promised to put one million electric bicycles on African roads by 2030, laid off most of its roughly 50 employees across all departments in early 2025 and scaled back operations after struggling to drive sales, according to five people familiar with the company.  eBee told staff in

Four months after talks began, Roqqu, a Nigerian crypto company, has listed the compliant Naira (cNGN), the stablecoin pegged 1:1 to the local currency. It joins Busha, Quidax, Xend Finance, Blockradar, and Boundlesspay, among startups that now support the token. Launched in February and distributed by the WrappedCBDC team, the cNGN stablecoin now has ₦603

For just the second time in nearly two decades, the United States has...

A decade ago, Nairobi’s co-working spaces were touted as temples of Kenya’s innovation economy—glass-walled hubs, adorned with local art and furnished with sleek chairs, where young founders could incubate the next groundbreaking ideas. Today, founders and small business owners are opting for restaurants and cafés, securing seats with a coffee or a bottle of water

A lot of Americans don’t eat well. And they’re paying for it with...

Global financial institutions are integrating stablecoins for payments and treasury operations, with corporate transactions growing by 25% in 2024, particularly in cross-border payments and supply chain settlements, according to a new report by Yellow Card, a stablecoin infrastructure startup operating in 20 African countries. The report noted that stablecoins accounted for 43% of total crypto

Every Thursday, Delve Into AI will provide nuanced insights on how the continent’s AI trajectory is shaping up. In this column, we examine how AI influences culture, policy, businesses, and vice versa. Read to get smarter about the people, projects, and questions shaping Africa’s AI future. Let us know your thoughts on the column through this

Retail investors are tapping into Nigeria’s ₦89.06 trillion stock market as apps lower barriers to entry, pushing retail trades up 88.07% month-on-month to ₦516.50 billion in July 2025, from ₦274.63 billion in June. Trading activity on the Nigerian Exchange (NGX) hit ₦1.82 trillion ($1.18 billion) in July, a 133.09% jump from June’s ₦778.65 billion ($509.02

Nigeria’s telecom operators have raised fresh alarms over the rising wave of fibre and site vandalism, warning that unless tougher penalties are strictly enforced, the stability of digital services nationwide will remain under threat while perpetrators grow bolder. Despite telecom infrastructure being classified as Critical National Information Infrastructure (CNII) under a 2024 presidential order, sabotage

Plus: the CDC has descended into chaos This is today's edition of The Download, our weekday...

Compound AI, an applied AI research lab based in Lagos and San Francisco, has unveiled KidGPT, an AI agent designed specifically for children aged five to thirteen and their parents. The launch comes as tech giants face mounting scrutiny over the risks AI poses to young users.  On Tuesday, the parents of a 16-year-old Adam

The latest iteration of a legacyFounded at the Massachusetts Institute of Technology in 1899,...