Plus: Ads are coming to ChatGPT This is today's edition of The Download, our weekday newsletter...

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.   Nigeria’s new tax laws are designed to move money faster from the economy to the government. But that process does not start with payment; it begins with

The Kenyan government on Monday began selling a 65% stake in the state-owned Kenya Pipeline Company, aiming to raise $835 million for infrastructure in what would be its first initial public offering (IPO) in over a decade. The government, through the National Treasury, will sell 11.8 billion shares in Kenyan Pipeline, valuing the company at

Today marks an inflection point for enterprise AI adoption. Despite billions invested in...

Lagos traffic rarely stops, and neither does attention. Levvy Box, a Lagos-based mobility advertising platform, is betting that time spent on the road is time brands can capture. Originally conceived as a GovTech solution to digitise transport levies, the company has pivoted toward monetising movement across the city. Using glossy, illuminated boxes mounted on vehicle

It was early evening in Berlin, just a day before Christmas Eve, when...

Kenya’s information ministry plans to spend KES 100 million ($775,193) annually on content creators and influencers to amplify government talking points across social media platforms, including X, Facebook, and Instagram, as it moves to repair its bruised public image ahead of the 2027 general elections. The strategy targets 10 macro-influencers and 20 micro-influencers, who would

Table of contents A few years ago, the decision to buy a budget smartphone was simple. If a phone was cheap, you already knew what you were giving up: smooth performance, durability, long-term usability, sometimes all three. Budget phones were stopgaps, not devices you expected to rely on every day. That assumption doesn’t quite hold

Africa’s mobility tech is no longer about growing at all costs; it is now a battle for unit economics and risk management. No one knows this better than Chinazom ‘Chi-Chi’ Arinze, the founder of Muvment by Autogirl, a Nigerian peer-to-peer (P2P) mobility marketplace that wants to be the “Airbnb for vehicles” in Africa.  When a

In Nigeria, climate tech’s biggest opportunities don’t look like shiny apps; they look like freezers and batteries. While investors are still fixated on the next neobank, the real exits could come from “boring” climate infrastructure that quietly kills diesel, cold chains that prevent food from spoiling, and storage systems that keep the lights on when

This week, we explore five African startups in the e-commerce, cryptocurrency, cleantech, and creator economy sectors and why they should be on your watchlist...

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