Nigeria’s informal economy accounts for an estimated 58% of its GDP; however, businesses within the informal sector face challenges when it comes to accessing credit. Hadi Finance began with a simple goal: to be a bank for Nigeria’s informal small businesses. But its co-founder, Bidemi Adebayo, quickly learned that in a market where the word

In Lagos, where uneven sidewalks and chaotic traffic turn every commute into an obstacle course, getting around can test anyone’s will. For the roughly seven million Nigerians who are blind or visually impaired, it’s a daily fight against an environment that rarely considers them, and available assistive tools are either too costly or not built

Startups On Our Radar spotlights African startups solving African challenges with innovation. In our previous edition , we featured seven game-changing startups pioneering payments, artificial intelligence, commerce, and mobility. Expect the next dispatch on October 10, 2025. In this week’s edition, we’re spotlighting the trailblazing startups that competed in the final round of TechCabal Battlefield

Cassava Technologies, a pan-African tech company with operations across Africa, has secured an undisclosed investment from U.S. chipmaker NVIDIA, a move that underscores the growing convergence between Africa’s digital infrastructure ambitions and global AI innovation.  The company said the capital will be used to strengthen its operations across Africa, the Middle East, and Latin America

Nigeria and South Africa have been removed from the Financial Action Task Force’s (FATF) grey list, marking a win for two of Africa’s biggest economies and potentially unlocking new remittance flows and foreign investment.  Bloomberg reported on Friday that the Paris-based watchdog said both countries, alongside Mozambique and Burkina Faso, are no longer subject to

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When Safaricom switched on its network in 2000, about 17,000 Kenyans owned a mobile phone. Calls were expensive, mobile phones were chunky, and connectivity was unreliable or unavailable. Twenty-five years later, the company has grown into a national utility that has influenced how Kenyans communicate, bank, trade, and access digital services. Origins  Safaricom began as

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Nigerians are aggressively turning to the internet to upskill, start businesses, and navigate a dynamic job market, with artificial intelligence firmly taking center stage. New Google Search trends in the past year reflect the desire for self-improvement and financial independence. The data, which compares search volumes from September 2024–August 2025 to the preceding year, highlights

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Many people keep money in their Nigerian bank accounts hoping it will grow. For decades, traditional banks have promised just that, paying customers a small return when they leave their money in a savings account for a while. These interest rates are determined by the Central Bank of Nigeria (CBN) and have stayed relatively steady