Career & Workplace

Hiring trends, remote work, layoffs, salary data, and workplace culture across Nigeria's tech sector. Whether you are building a team or building your career, this is where you stay ahead.

Kenyan fintech Flowt secures pre-seed funding to expand AI-driven working capital lending for climate-focused African small businesses.

Techmoran • Aug 25, 2026

Nairobi-based financial technology startup Flowt raised an undisclosed pre-seed funding round from Delta40 Fund I, Impacc, and the Argidius Foundation.The startup utilizes artificial intelligence to analyze financial records from bank accounts, mobile money, and accounting… Read full article →

Read Full Article → startups funding

Universal Insurance has secured court permission to challenge NAICOM's revocation of its operating licence over capital requirement defaults.

Nairametrics • Aug 25, 2026

The Federal High Court in Lagos granted Universal Insurance Plc leave to challenge the National Insurance Commission's (NAICOM) license revocation.NAICOM revoked the license effective August 14, 2026, after Universal Insurance failed to meet the July… Read full article →

Read Full Article → policies regulations

MTN Group launches Africa Data Hub Holding to accelerate AI and data center infrastructure expansion across the continent.

Business Post • Aug 25, 2026

MTN Group has established a new company, Africa Data Hub Holding Limited, in partnership with an undisclosed UAE-backed investment platform.The venture will focus on building AI-enabled data centers, identifying South Africa and Nigeria as its… Read full article →

Read Full Article → startups funding

Nigeria approves a preliminary framework to assign verified digital addresses to all citizens and registered businesses.

Technext • Aug 25, 2026

The National Addressing Council (NAC), chaired by Vice President Kashim Shettima, approved the framework during a meeting in Abuja.Under the new system, NIMC will handle individual address verification, while the CAC will verify business addresses.NIPOST… Read full article →

Read Full Article → policies regulations

NNPC and partners sign agreements to unlock a $15 billion to $21 billion deepwater oil investment in Nigeria.

Business Post • Aug 25, 2026

The Nigerian National Petroleum Company (NNPC) Limited, SNEPCo, Esso Exploration, and Nigerian Agip Exploration have executed key contract addenda for OML 118.The agreements are underpinned by the Deep Offshore Oil and Gas Projects Incentives (Tax… Read full article →

Read Full Article → policies regulations

Kenya's High Court upholds pension tribunal rules but orders a fresh review of a Sh709 million cost award against Standard Chartered.

AllAfrica Business • Aug 25, 2026

Justice Gregory Mutai of Kenya's High Court dismissed Standard Chartered Bank Kenya's challenge to the constitutionality of the Retirement Benefits Appeals Tribunal's rules and cost schedules.The court set aside a Sh709.19 million party-and-party cost award… Read full article →

Read Full Article → policies regulations

Nigeria signs a $1.3 billion agreement with Premium Steel and Mines to revive the dormant Delta Steel plant.

Innovation Village • Aug 25, 2026

The Federal Government of Nigeria and Premium Steel and Mines Limited have signed an agreement to rehabilitate and reactivate the dormant Delta Steel plant in Ovwian-Aladja, Delta State.Premium Steel has committed to investing over $1.3… Read full article →

Read Full Article → developers technology

Egypt's MSMEDA partners with Startup Egypt to provide integrated financial and technical support to local startups and entrepreneurs.

Daily News Egypt (Business Section) • Aug 24, 2026

The Micro, Small and Medium Enterprise Development Agency (MSMEDA) signed a memorandum of understanding with Startup Egypt to provide technical, financial, and institutional support.The agreement aims to help Egyptian startups refine their business models, enhance… Read full article →

Read Full Article → startups funding

Lagos-based CardinalStone Capital Advisers raises $76 million in the first close of its second West African fund.

Innovation Village • Aug 24, 2026

CardinalStone Capital Advisers (CCA) has secured $76 million in capital commitments for its second vehicle, the CCA Growth Fund II (CCAGF II).While its first fund focused primarily on Nigeria and Ghana, CCAGF II is expanding… Read full article →

Read Full Article → startups funding

Lamu residents demand 70% of jobs at Dangote's proposed $17B refinery in Kenya before construction begins in 2026.

Business AM • Aug 24, 2026

Lamu community leaders and youth are demanding a legally binding agreement guaranteeing local residents 70% of the 60,000 projected jobs at Aliko Dangote's proposed mega refinery.The 700,000-barrel-per-day facility is slated to begin construction in October… Read full article →

Read Full Article → career workplace

Visa, _able, and Onafriq partner to expand the Visa Flex Credential, enabling credit access on existing African debit cards.

Tech Build Africa • Aug 24, 2026

Visa, _able, and Onafriq have partnered to roll out the Visa Flex Credential across Central and Eastern Europe, the Middle East, and Africa (CEMEA).Onafriq will manage payment processing for eligible prepaid cards using its pan-African… Read full article →

Read Full Article → startups funding

Kenya appoints cybersecurity veteran Dr. Martin Koyabe to chair its newly operationalized National Cybersecurity Agency.

Techmoran • Aug 24, 2026

Cybersecurity expert Dr. Martin Koyabe has been appointed as the Non-Executive Chairperson of Kenya's National Cybersecurity Agency (NCSA) for a three-year term starting August 21. The setup comes amid surging digital threats, with Kenya's Communications Authority… Read full article →

Read Full Article → career workplace

South African AI startup Verascient raises $1.2 million to scale its enterprise knowledge management platform.

Innovation Village • Aug 24, 2026

Verascient successfully closed an oversubscribed $1.2 million (R19.5 million) funding round to address corporate data silos.The funding was backed by global investors including Founder Collective, Andrena Ventures, Cambridge Enterprise, Summit Ventures, Alan Knott-Craig, and Shayne… Read full article →

Read Full Article → startups funding

Kenya's pension assets grow 12.66% to cross Sh3.17 trillion as schemes diversify away from government securities.

Capital FM Business Kenya • Aug 24, 2026

Kenya's pension assets under management crossed the Sh3 trillion mark for the first time, reaching Sh3.17 trillion in June 2026.Investments in quoted equities rose to Sh439.32 billion (14.37%), while private equity holdings and offshore investments… Read full article →

Read Full Article → career workplace

Former Airtel Africa CEO Segun Ogunsanya joins Vodacom Group’s board as an independent non-executive director.

Business Post • Aug 24, 2026

Vodacom Group appointed Segun Ogunsanya as an independent non-executive director, effective October 9, 2026.The appointment is subject to a mandatory fit and proper assessment under the Johannesburg Stock Exchange Listings Requirements. Read full article →

Read Full Article → developers technology

MTN secures Nigerian approval for its $2.2 billion IHS Towers acquisition, provided it sells a 30% local stake.

BusinessDay Nigeria — Technology • Aug 24, 2026

MTN Group received regulatory clearance from Nigeria's Federal Competition and Consumer Protection Commission to acquire the remaining ~75% stake in IHS Towers it does not own.As a condition for the deal, MTN must divest 30%… Read full article →

Read Full Article → startups funding

Frogfoot, Vox, and Hypa secure a massive investment valuing the group at R14.4B to accelerate township fibre rollouts.

Tech Financials • Aug 24, 2026

South African fibre network operator Frogfoot, ISP Vox, and prepaid provider Hypa have secured a major capital injection from a heavy-weight local consortium.The transaction values the combined entities at R14.4 billion (R8.4 billion post-debt equity… Read full article →

Read Full Article → startups funding

The Central Bank of Egypt approved new regulations for electronic identity verification to boost digital banking.

Daily News Egypt (Business Section) • Aug 23, 2026

The Central Bank of Egypt (CBE) approved regulations governing the Digital Financial Identity (DFI) Platform for electronic Know Your Customer (eKYC) services.The new rules enable customers to open bank accounts, access products, and update information… Read full article →

Read Full Article → policies regulations

Ugandan President Museveni proposes exempting medical workers from PAYE tax to boost retention and increase take-home pay.

Business Times Uganda • Aug 23, 2026

President Yoweri Museveni has directed the Ugandan government to explore exempting healthcare workers' salaries from the Pay As You Earn (PAYE) income tax, which currently tops out at 30%.Alongside the tax proposal, the government suspended… Read full article →

Read Full Article → policies regulations

The World Bank bans Webmasters Kenya CEO James Ayugi for five years over fraudulent practices in Somalia-based digital projects.

Capital FM Business Kenya • Aug 24, 2026

The World Bank Sanctions Board has issued a minimum five-year debarment against James Ayugi and his firm, Webmasters Kenya Ltd.Webmasters Kenya was found to have falsely certified the availability of key experts and subsequently obstructed… Read full article →

Read Full Article → startups funding

Absa replaces Standard Bank as custodian of South Africa's $218 billion Government Employees' Pension Fund.

Innovation Village • Aug 22, 2026

Absa won a competitive contract to become the Master Custodian of South Africa's Government Employees’ Pension Fund (GEPF), Africa's largest pension fund with over $218 billion in assets.The transition, starting in August 2026, ends a… Read full article →

Read Full Article → career workplace

Nigeria's FEC approves two new NIGCOMSAT satellites to boost broadband coverage in underserved communities.

Business AM • Aug 23, 2026

The Federal Executive Council (FEC) approved the acquisition and deployment of two high-throughput satellites, NIGCOMSAT-2A and NIGCOMSAT-2B.Nigeria Communications Satellite Limited (NIGCOMSAT) will lead the project's implementation under the supervision of the Federal Ministry of Communications,… Read full article →

Read Full Article → startups funding

The US is pushing for stronger Nigerian intellectual property laws to unlock international investment in the local music industry.

Business AM • Aug 23, 2026

The U.S. Consulate General in Lagos hosted a three-day workshop with over 120 creative industry stakeholders to strengthen Nigeria's music economy legal foundations.American companies like Universal Music Group, Sony, and Meta have expanded Afrobeats globally… Read full article →

Read Full Article → policies regulations

A Nigerian court orders Stanbic IBTC to pay ₦15 million for sending marketing emails to former customers.

Nairametrics • Aug 22, 2026

On 29 July 2026, the Federal Capital Territory High Court ordered Stanbic IBTC to pay ₦15 million in damages to two former customers.The bank continued to send marketing emails and text messages to the claimants… Read full article →

Read Full Article → startups funding

PENGASSAN warns that frequent alterations to Nigeria's Petroleum Industry Act threaten investor confidence and regulatory stability.

AllAfrica Business • Aug 21, 2026

PENGASSAN President Festus Osifo criticized the federal government's use of executive orders to alter provisions of the 2021 Petroleum Industry Act (PIA).The union highlighted the relocation of key fiscal provisions from the PIA to the… Read full article →

Read Full Article → policies regulations

AgDevCo Ventures secures a $49 million first close to provide early-stage financing to agribusinesses across East Africa.

AllAfrica Business • Aug 21, 2026

Nairobi-based AgDevCo Ventures raised a $49 million blended finance vehicle targeting early-stage East African farming and food-processing SMEs.The vehicle combines $28 million in equity from AgDevCo, $10 million in subordinated debt from IFAD, and $11.25… Read full article →

Read Full Article → startups funding

MTN Nigeria and partners launch the N10 million 2026 PachiPanda Challenge to fund youth-led green technology ventures.

Business AM • Aug 20, 2026

MTN Nigeria, alongside UNDP Nigeria, Deloitte Nigeria, and the Nigerian Conservation Foundation, has increased the PachiPanda prize pool to N10 million.The overall winner will receive N5 million, while the first and second runners-up will be… Read full article →

Read Full Article → developers technology

Invest Kenya and the East Africa Venture Capital Association partner to boost private capital inflows and improve investor readiness.

AllAfrica Business • Aug 20, 2026

The Kenya Investment Authority (Invest Kenya) and the East Africa Venture Capital Association (EAVCA) have signed a strategic partnership to promote Kenya as East Africa's leading investment hub.The collaboration will focus on joint investment missions,… Read full article →

Read Full Article → startups funding

Absa Bank Kenya partners with Simba Corporation to offer flexible financing of up to 100% for vehicles and machinery.

Techmoran • Aug 20, 2026

Absa Bank Kenya and Simba Corporation signed an MoU to finance commercial vehicles, passenger cars, and agricultural equipment.The agreement allows SMEs and individuals to access up to 95% financing (100% for school buses) with repayment… Read full article →

Read Full Article → business economy

South Africa's Absa plans to upgrade its Nigerian representative office to a merchant bank to expand corporate financial services.

Technext • Aug 19, 2026

Absa intends to transition its representative office in Nigeria into a fully operational merchant bank to tap into the country's corporate sector.The bank seeks to diversify its revenue, as South Africa, Kenya, and Ghana generated… Read full article →

Read Full Article → business economy