Image Credit: CheditChek M&A Nigerian Credit Infrastructure Startup CreditChek Acquires Ugandan Core Banking Provider Algosys to Accelerate East African Expansion The strategic acquisition combines Algosys’s core banking and loan management technology with CreditChek’s credit, income, and identity intelligence to build full-stack lending infrastructure across Africa. By Newsroom Team • a month ago
ByteX and Cenne Financial Merge to Launch Unified Cross-Border Financial Stack Linking North America, India, and Africa The cross-border payment platform has merged with Africa-focused financial operations platform Cenne Financial to build an integrated financial gateway streamlining trade and commerce across key global corridors.
Sep 11, 2026 Nigerian Credit Infrastructure Startup CreditChek Acquires Ugandan Core Banking Provider Algosys to Accelerate East African Expansion The strategic acquisition combines Algosys’s core banking and loan management technology with CreditChek’s credit, income, and identity intelligence to build full-stack lending infrastructure across Africa. Image Credit: CheditChek
Sep 11, 2026 ByteX and Cenne Financial Merge to Launch Unified Cross-Border Financial Stack Linking North America, India, and Africa The cross-border payment platform has merged with Africa-focused financial operations platform Cenne Financial to build an integrated financial gateway streamlining trade and commerce across key global corridors. Onyeka Akumah, Charles Sanda and Sayan Roy at the ByteX offices in Vancouver | Image Credit: ByteX
Sep 4, 2026 Dislog Medical Devices Prepares Landmark Public Offering on the AMMC Under Moncef Belkhayat's Leadership The specialized health-tech subsidiary of Morocco's Dislog Group is gearing up for a major capital market debut under the guidance of Chairman and CEO Moncef Belkhayat. Moncef Belkhayat, then Moroccan minister for youth and sport in Monaco, on 2 December 2010. © Scott Heavey/Getty Images via AFP
Jan 5, 2026 Flutterwave Acquires Open Banking Startup Mono in All-Stock Deal Valued Up to $40 Million African payments giant Flutterwave has acquired Nigerian open banking infrastructure startup Mono, marking a major strategic milestone in the continent's digital financial services ecosystem. IMAGE CREDITS: MONO
Dec 17, 2025 Diageo to Sell Controlling Stake in East African Breweries to Asahi in $4.8 Billion Deal Diageo plc has entered into a definitive agreement to divest its controlling shareholding in East African Breweries Limited (EABL) to Asahi Group Holdings in a landmark $4.8 billion transaction, reshaping the consumer goods and beverage landscape across East Africa. Image credit: Diageo
Nov 5, 2025 AXIAN Telecom Expands East African Fiber Footprint via Acquisition of Wananchi Group AXIAN Telecom expands its East African digital infrastructure footprint by acquiring a majority stake in regional internet provider Wananchi Group. Credit: Proparco Axian Partnership - DR
Jan 14, 2025 LemFi Secures $53M Series B Growth Capital Led by Highland Europe to Accelerate Global Cross-Border Platform LemFi has closed a $53 million Series B funding round led by Highland Europe to scale its cross-border financial services infrastructure and accelerate international market expansion. Copyright: CURLYN, Creator: CURLYN / Lemfi
Dec 9, 2024 Chappal Energies Completes Landmark $1.2 Billion Acquisition of Equinor’s Nigerian Assets Chappal Energies has officially finalized its landmark $1.2 billion acquisition of Equinor’s Nigerian upstream asset portfolio, expanding its operational footprint in West Africa's energy sector. Image credit: Equinor ASA
Oct 29, 2024 Moniepoint Joins Africa’s Unicorn Club with $110M Series C led by DPI and Google Nigerian fintech powerhouse Moniepoint has officially crossed the billion-dollar threshold, securing a $110 million Series C funding round led by Development Partners International (DPI) and Google's Africa Investment Fund. Credit / Moniepoint Co-Founder and CEO Tosin Eniolorunda
Aug 27, 2024 Wasoko and MaxAB Complete Landmark Merger to Form Pan-African B2B E-Commerce and Fintech Ecosystem B2B e-commerce platforms Wasoko and MaxAB have finalized an all-stock merger of equals, creating a combined entity that connects over 450,000 informal merchants across five African markets. IMAGE CREDITS: WASOKO and MAXAB
Aug 8, 2024 MNT-Halan Raises $157.5 Million to Accelerate Regional Expansion Egypt’s first unicorn and fastest-growing fintech leader MNT-Halan has secured $157.5 million in new capital to fund its imminent geographical expansion beyond domestic borders. Image Credit: MNT-HALAN