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South Africa's AI-Powered 'Study Buddy' Chatbot Transforming Student Learning
FoondaMate is transforming the way students in data-constrained environments access learning materials by turning WhatsApp into a powerful study tool. Founded in 2020 by South African entrepreneurs Dacod Magagula and Tao Boyle, the platform offers an AI-powered “study buddy” chatbot that helps learners download past exam papers, get explanations, and receive homework support directly through chat.
Joyline Arodi
Nov 241 min read


Nigeria's Carbin Africa Redefining Car Dealership Ecosystem through Data-Driven Technology
In the heart of Lagos’s bustling car trade, Carbin Africa is redefining how dealerships buy and sell vehicles through data-driven technology. Co-founded by Femi Oriowo (CEO) and Fawaz Abdul (CBO) in 2023, the company is tackling the inefficiencies and lack of transparency that have long plagued the used-car ecosystem.
Joyline Arodi
Nov 232 min read


Stablecoin Adoption is Rising Across Africa, With Nigeria at the Forefront
Stablecoins are digital currencies pegged to stable assets such as the U.S. dollar, a local currency, or commodities, designed to minimize volatility and preserve value. Across sub-Saharan Africa, their use is expanding rapidly, with on-chain transaction volumes up roughly 52% year-on-year.
Joyline Arodi
Nov 12 min read


FYATU, Congolese Platform Breaking Payment Barriers
Founded in 2020 by Congolese entrepreneur Félix Maroy, FYATU is on a mission to break down Africa’s toughest payment barriers. The fintech platform gives anyone—even those without a bank account—the ability to issue and use virtual debit cards for global online transactions.
Joyline Arodi
Oct 311 min read


Capturing Africa's Mineral Value
Africa stands at the center of a global supply shift, holding about 30% of the world’s critical mineral reserves, including lithium,...
Claire
Sep 91 min read


Africa's Telecom to Connect 500 Million Users by 2030, Adding $170 Billion
Africa’s telecom sector is entering a decisive decade, with the potential to connect 500 million new users by 2030—a shift that could...
Claire
Sep 92 min read


Foreign Investment in Africa Jumped 75% in 2024, Defying Global Trends
A Surge in Foreign Direct Investment Africa stood out in 2024 as one of the few regions to buck global investment headwinds. Foreign...
Claire
Aug 212 min read


Rethinking Africa's Credit Rating
Africa is moving to establish greater ownership over how its economies are assessed globally. The African Union has announced plans to...
Claire
Jul 232 min read


Africa's Sovereign Wealth Funds are Managing $160 Billion and Growing
Africa’s sovereign wealth funds (SWFs) are quietly emerging as strategic engines of economic transformation. With over 15 active funds...
Claire
Jul 232 min read


Africa's Private Capital Flows Doubled in 2024,Defying Global Trends
Africa’s private capital landscape demonstrated remarkable resilience in 2024, defying global downturns with a significant rebound in...
Claire
Jun 252 min read


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