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Saturday, 20 December
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Top News

Google has unveiled Gemini 3 Flash, a fast and efficient AI model designed for coding, reasoning, and interactive applications, replacing Gemini 2.5 Flash across Gemini and Search.Google Launches Gemini 3 Flash, High-Speed AI Model for Coding and Real-Time Apps
Technology lawyer Oladipupo Ige cautions that Nigeria’s tax data could face indirect exposure under the FIRS–France MoU, despite official assurances that data sovereignty remains intact.FIRS–France Tax Pact Triggers Fresh Questions Over Nigeria’s Data Sovereignty
A TLP Advisory report reveals Nigerian startups avoid NGX listings due to regulatory barriers, currency mismatch, undervaluation fears, and limited market liquidity, despite the launch of the NGX Technology Board in 2022.African Startup Funding Surges to $590m in November 2025 on Back of Major IPOs
Final Details Await Trump-Xi Meeting Bessent noted that while the framework is in place, the final details of the deal will be determined during a scheduled meeting between U.S. President Donald Trump and Chinese Premier Xi Jinping on Friday. The outcome of the discussions could mark a turning point in both U.S.-China trade relations and the future of TikTok’s global operations, which have been closely watched by regulators, investors, and millions of users worldwide.TikTok Nears U.S. Compliance After Reaching Restructuring Deal With Oracle, Investors
Coursera and Udemy have entered a $2.5 billion all-stock merger to combine their global e-learning platforms, boost AI-driven innovation, and scale workforce education worldwide.Coursera to Merge With Udemy in $2.5bn All-Stock Deal to Expand AI-Powered Learning
Google has unveiled Gemini 3 Flash, a fast and efficient AI model designed for coding, reasoning, and interactive applications, replacing Gemini 2.5 Flash across Gemini and Search.Google Launches Gemini 3 Flash, High-Speed AI Model for Coding and Real-Time Apps
Technology lawyer Oladipupo Ige cautions that Nigeria’s tax data could face indirect exposure under the FIRS–France MoU, despite official assurances that data sovereignty remains intact.FIRS–France Tax Pact Triggers Fresh Questions Over Nigeria’s Data Sovereignty
A TLP Advisory report reveals Nigerian startups avoid NGX listings due to regulatory barriers, currency mismatch, undervaluation fears, and limited market liquidity, despite the launch of the NGX Technology Board in 2022.African Startup Funding Surges to $590m in November 2025 on Back of Major IPOs
Final Details Await Trump-Xi Meeting Bessent noted that while the framework is in place, the final details of the deal will be determined during a scheduled meeting between U.S. President Donald Trump and Chinese Premier Xi Jinping on Friday. The outcome of the discussions could mark a turning point in both U.S.-China trade relations and the future of TikTok’s global operations, which have been closely watched by regulators, investors, and millions of users worldwide.TikTok Nears U.S. Compliance After Reaching Restructuring Deal With Oracle, Investors
Coursera and Udemy have entered a $2.5 billion all-stock merger to combine their global e-learning platforms, boost AI-driven innovation, and scale workforce education worldwide.Coursera to Merge With Udemy in $2.5bn All-Stock Deal to Expand AI-Powered Learning

Startup Review

Empowering Youth Innovation: Orange Summer Challenge Fuels Africa & Middle East’s Brightest Minds

Orange Summer Challenge nurtures young innovators, awarding top startups like Plastikoo, MEPS, and Leevlong for pioneering sustainable and impactful solutions….

By: IBK

According to a report bythe United Nations Educational, Scientific and Cultural Organization (UNESCO), the health crisis linked to the COVID-19 pandemic played a significant role in the use of new educational technologies across Africa.

Top 18 Educational Tech Startups Disrupting the Academic Landscape in Africa 2025

According to a report bythe United Nations Educational, Scientific and Cultural Organization (UNESCO), the health crisis linked to the COVID-19 pandemic played a significant role…

By: IBK

According to a report bythe United Nations Educational, Scientific and Cultural Organization (UNESCO), the health crisis linked to the COVID-19 pandemic played a significant role in the use of new educational technologies across Africa.

Top 15 African Startups to Watch in 2025

As we begin 2025, the year holds immense promise as a turning point for groundbreaking innovation. It is poised to be a defining chapter not…

By: IBK

Nigeria’s startups raised $93.4 million in October 2025, a 130.6% surge driven by Moniepoint’s $90 million round and rising early-stage investments across fintech, clean energy, agriculture, logistics, and edtech.

Preventing the next billion-dollar mistake: Due diligence in startup investments

When HP acquired Autonomy for £25.50 ($42.11) per share in cash, valuing the company at approximately $11 billion, it was one of the transactions that…

By: Wura Oba

How Checklearn is closing Africa’s skills gap, making talents more employable

Nigeria’s National Bureau of Statistics reported that the youth unemployment rate in Nigeria stood at approximately 53.40% in 2022. Despite this high unemployment rate, human…

By: IBK

Ghana’s Nyla Bank, led by Mubarak Sumaila, is building Africa’s first digital Islamic bank with a goal of empowering 1 billion people with innovative, Shariah-compliant products and services that align with ethical principles. Oze, another startup from Ghana, is a digital lending platform that bridges Africa’s credit gap by providing banks with a small and medium-sized enterprise- (SME) focused app that digitizes financial data, enabling risk assessment and lending to small businesses. The team is led by Meghan McCormick. Verto is another United Kingdom-based startup led by Rachel Coombs. The platform is a business-to-business cross-border payments platform for businesses in emerging markets, powered by a unified network that eliminates intermediary fees, handles 49 currencies and settles transactions faster. The prize will ultimately award $2 million in total prizes, including a $1 million Grand Prize. Following the December showcase, the Grand Prize will be awarded at the Milken Institute’s Global Conference in Los Angeles, in May.

Nigeria’s Trade Lenda makes the semi-finals of the $1m Milken-Motsepe Prize in FinTech

Trade Lenda will be up against other fintechs operating in nearly 30 countries across three continents…

By: Ovie George

Moniepoint introduces multifactor authentication for transactions above N500,000

Moniepoint’s MFA leverages advanced device-based biometric technology…

By: Ovie George

Nigeria accounts for 14% as African startups raise $56 million in August 2024 – Report  

A single raise by Nigerian fintech, Waza, gave the country a 14% share of total funds raised by African startups in August, which stood at…

By: Wura Oba

Nigeria’s startups raised $93.4 million in October 2025, a 130.6% surge driven by Moniepoint’s $90 million round and rising early-stage investments across fintech, clean energy, agriculture, logistics, and edtech.

African startups raise $187 million in May 2024 – Report

Startups across Africa announced fresh capital raise totalling $187 million in May, as funding improved compared to April….

By: Wura Oba

In 2016, the company rose to become the continent’s first unicorn, valued at over $1 billion, and in April 2019, it went public on the New York Stock Exchange (NYSE), raising $196 million in net proceeds. Its share price, initially offered at $14.50, rose more than 200% in the first three trading sessions. But after reaching a peak of nearly $50 on May 1, 2019, the share value has continually declined and fluctuated. Currently, the e-commerce platform has since spread to African countries, including Egypt, Morocco, Ivory Coast, Kenya, South Africa, and others, as well as expanding and launching platforms like Jumia Food, Jumia Travel, Jumia Deals, Jumia One, Jumia Pay, and others. With platforms like Jumia Food, Jumia Travel, and Jumia Pay, the company has diversified its offerings and expanded its reach, driving e-commerce adoption and economic empowerment.

Here is a list of Africa’s top 10 biggest startups by valuation

Africa has emerged as a hotbed of innovation, with startups disrupting industries and capturing the attention of investors worldwide. From fintech to agriculture, these startups…

By: IBK

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Feature Posts

Technology lawyer Oladipupo Ige cautions that Nigeria’s tax data could face indirect exposure under the FIRS–France MoU, despite official assurances that data sovereignty remains intact.

FIRS–France Tax Pact Triggers Fresh Questions Over Nigeria’s Data Sovereignty

Detty December means more online activity—and higher data usage. Learn five effective ways to save mobile data, reduce spending, and stay connected throughout the festive season.

How to Save Mobile Data This Detty December: 5 Proven Tips to Cut Costs

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