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.

KCB Group launches a KES 300 billion sustainability bond framework to finance green, blue, and social projects.

Capital FM Business Kenya • Aug 19, 2026

Kenya's KCB Group plans to raise up to KES 300 billion ($2.3B equivalent) over five years through a Medium Term Note Programme.The funds will target sustainable agriculture, renewable energy, affordable housing, and blue economy projects… Read full article →

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Exits MENA acquires Avanz Capital Egypt to expand investment and advisory services for high-growth regional startups and SMEs.

Innovation Village • Aug 19, 2026

Investment platform Exits MENA secured initial approval from Egypt's Financial Regulatory Authority to acquire asset management firm Avanz Capital Egypt.The acquired firm will rebrand as Exits Manara, maintaining its current leadership team led by CEO… Read full article →

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The FCCPC orders businesses to immediately withdraw improperly labelled consumer goods from the Nigerian market or face enforcement action.

Nairametrics • Aug 19, 2026

The Federal Competition and Consumer Protection Commission (FCCPC) issued a public advisory on August 19, 2026, targeting non-compliant goods.The directive requires manufacturers, importers, and retailers to immediately audit inventories and withdraw non-compliant items to avoid… Read full article →

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Standard Bank has arranged a €456 million financing package for Genser Energy to expand its energy infrastructure across West Africa.

Innovation Village • Aug 19, 2026

Standard Bank served as lead arranger, lender, and facility agent for the €456 million financing deal for West African energy provider Genser Energy.The capital will fund Genser's engineering, procurement, and construction works, supporting its 334… Read full article →

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Ninety One has closed its third African private credit fund at $404 million to finance mid-market businesses.

Innovation Village • Aug 19, 2026

Global investment manager Ninety One secured $404 million in commitments for its Africa Credit Opportunities Fund 3 (ACO3 Fund).The fund attracted capital from a global cohort of pension funds, development finance institutions, and family offices… Read full article →

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A Kenyan court refuses to suspend a 2% healthcare system fee due to a missing supporting affidavit from petitioners.

Capital FM Business Kenya • Aug 19, 2026

The High Court in Vihiga declined to issue interim orders halting a 2 percent HIMS System Utilization Fee on Social Health Authority (SHA) claims.Justice R. Nyakundi ruled that the application filed by Dr. Magare Gikenyi… Read full article →

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Nigerian fintech startup Pouchers exits beta and raises $500,000 in pre-seed funding to scale its dollar and stablecoin services.

Innovation Village • Aug 18, 2026

Nigerian financial technology startup Pouchers has officially exited its beta phase after securing $500,000 in pre-seed funding.The round was led by Stack Directory LLC and will be used for product expansion, team growth, and market… Read full article →

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South African HR tech startup Jem raises $8.4 million to scale its WhatsApp-based deskless workforce platform across Africa.

Tech Build Africa • Aug 18, 2026

South African startup Jem HR (formerly SmartWage) raised an $8.4 million Series A round led by Quona Capital to expand its platform.Jem delivers workforce management tools including payslips, attendance, and leave requests directly through WhatsApp… Read full article →

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Afriex partners with Global Innovations Bank to expand its B2B cross-border payment network and offer global USD accounts.

BusinessDay Nigeria — Technology • Aug 18, 2026

Afriex partnered with Global Innovations Bank (GIB) in Q2 2026 to strengthen its cross-border settlement and banking infrastructure.The collaboration enables businesses using Afriex's API to access Global USD Accounts and transfer money across more than… Read full article →

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Seven Nigerian insurers face regulatory scrutiny after missing NAICOM's 50-firm compliance list under new recapitalisation rules.

Business AM • Aug 18, 2026

The National Insurance Commission (NAICOM) has cleared 50 operators comprising 48 insurers and two reinsurers for meeting new minimum capital requirements under the Nigeria Insurance Industry Reform Act (NIIRA) 2025.Seven firms, including Goldlink Insurance, African… Read full article →

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Directline Assurance faces a liquidation petition at the High Court in Garissa over unpaid creditor claims.

Capital FM Business Kenya • Aug 18, 2026

Directline Assurance Company Limited is facing a liquidation petition filed at the High Court in Garissa, Kenya.The petition was filed on July 27, 2026, by three creditors: Yusra Ahmed Abubakar, Maryam Maamun, and Umma Salama… Read full article →

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Nigeria has launched a National Digital Cloud Policy targeting $750 million in private investment over 24 months.

Nairametrics • Aug 18, 2026

The Federal Ministry of Communications, Innovation & Digital Economy, led by Dr. 'Bosun Tijani, unveiled the policy to boost digital infrastructure and establish Nigeria as a regional hosting hub.The government aims to aggregate its own… Read full article →

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South Africa's High Court dismisses fintech Kastelo's bid to unfreeze funds following a R4 billion exchange-control probe.

Innovation Village • Aug 18, 2026

The Gauteng Division of the High Court in Johannesburg dismissed Kastelo's application to unfreeze its Access Bank accounts on July 28, 2026.The South African Reserve Bank (SARB) blocked the accounts on November 24, 2025, following… Read full article →

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The African Development Bank and Italy's CDP commit $35 million to the RMBV North Africa Fund III.

Innovation Village • Aug 17, 2026

The African Development Bank approved a $15 million equity investment, while Italy's Cassa Depositi e Prestiti committed $20 million.The capital will target mid-market companies in North Africa to bridge the financing gap for businesses primed… Read full article →

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A.P. Moller Capital is acquiring a majority stake in Moroccan logistics and transportation firm Globex Investissement.

Innovation Village • Aug 17, 2026

A.P. Moller Capital has entered an agreement to acquire a controlling majority stake in Morocco's Globex Investissement through its EMIF II and APM Capital Morocco funds.The acquisition targets Globex's key regional supply chain services, which… Read full article →

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SARS proposes a digital VAT model introducing real-time e-invoicing and e-reporting, seeking public feedback by October 2026.

Tech Financials • Aug 17, 2026

The South African Revenue Service (SARS) has released its 'VAT Modernisation Consultation Paper' outlining a new Digital VAT Model.The proposed framework introduces e-invoicing, real-time transaction data flows, and automated e-reporting across the South African economy.All… Read full article →

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The Africa CEO Forum launches its second LEAD cohort in Morocco to accelerate public governance and digital transformation.

Business Post • Aug 17, 2026

The LEAD leadership programme will gather 50 senior African public decision-makers in Rabat, Morocco, from August 28 to 30, 2026.The initiative focuses on digital public infrastructure, digital sovereignty, payments, and modernizing state public services. Read full article →

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Nigerian defense tech startup Terra Industries closes a $52 million seed round to scale sovereign African military manufacturing.

Tech Build Africa • Aug 17, 2026

Terra Industries raised an additional $18 million to close its seed round at $52 million, making it Africa's most-funded defense technology startup.Terra plans to open Pax-2, a 34,000-square-foot drone factory in Ghana, in Q4 2026… Read full article →

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Ghana plans to establish 100,000 hectares of new oil palm plantations to cut import dependence and boost local production.

AllAfrica Business • Aug 17, 2026

Ghana's Minister of Food and Agriculture, Eric Opoku, announced the 100,000-hectare oil palm expansion plan at a national roundtable in Accra.The initiative aims to address Ghana's supply deficit, reduce palm oil imports, reclaim lost foreign… Read full article →

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JSE-listed Lesaka Technologies rebrands Kazang Insights, leveraging POS transaction data to map South Africa's massive informal retail sector.

Tech Financials • Aug 17, 2026

South African fintech Lesaka Technologies has rebranded its subsidiary Kazang Insights to Lesaka Data & Insights.The data division was established through Lesaka's 2024 acquisition of data-analytics firm Touchsides from Heineken International. Read full article →

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Seamfix partners with Nigeria's agricultural ministry and cooperative federation to launch a digital identity registry for cooperatives.

Nairametrics • Aug 17, 2026

Seamfix, the Federal Ministry of Agriculture and Food Security, and the Cooperative Federation of Nigeria signed an MoU in Abuja on August 12, 2026.The partnership will deploy the National Cooperative Smart Registry (NCSR) alongside Cooperative… Read full article →

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Geregu Power appoints Mohammed Sani Jaoji as acting CEO amid a N40.09 billion bond repayment default.

Nairametrics • Aug 17, 2026

Geregu Power Plc has appointed Engr. Mohammed Sani Jaoji as its Acting Chief Executive Officer, effective August 17, 2026, subject to regulatory approval.The transition occurs alongside a default on Geregu's N40.09 billion Series 1 Senior… Read full article →

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Ecobank abolishes board tenure limits and reduces its board size to 12 to boost corporate governance.

Nairametrics • Aug 17, 2026

Ecobank Transnational Incorporated (ETI) shareholders approved removing the tenure cap for non-executive directors, keeping only the 70-year retirement age limit.The board size will shrink from 15 to 12 members, while meeting quorums will now require… Read full article →

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Meta partners with Nigeria's communications ministry to launch AI Academy Nigeria, offering free training, funding, and mentorship.

BusinessDay Nigeria — Technology • Aug 17, 2026

Meta, Nigeria's Federal Ministry of Communications, Innovation and Digital Economy, 3MTT, and RAIN have launched AI Academy Nigeria to build local AI talent.The initiative includes free generative AI curriculum via Coursera, DeepLearning.AI, and DataCamp, a… Read full article →

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The US Senate extends AGOA trade benefits to 2028, but South Africa's inclusion remains politically vulnerable.

Innovation Village • Aug 17, 2026

The US Senate approved extending the African Growth and Opportunity Act (AGOA) through December 2028, maintaining the current list of 32 participating African nations.Despite the extension, South Africa faces potential exclusion before January 2027 due… Read full article →

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BRICS member states discuss linking national instant payment systems and digital currencies to lower cross-border transaction costs.

Nairametrics • Aug 15, 2026

Reserve Bank of India Governor Sanjay Malhotra announced discussions to integrate national instant payment systems and central bank digital currencies (CBDCs).The proposed integration aims to bypass independent national payment infrastructures to create a seamless cross-border… Read full article →

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PenCom warns it may miss its Q4 2026 pension target because 91% of personal pension accounts remain unfunded.

Nairametrics • Aug 16, 2026

The National Pension Commission (PenCom) announced that only 18,811 of the 219,316 registered Personal Pension Plan (PPP) accounts are funded, representing an 8.5% funding ratio.To address the inactive accounts, PenCom plans to release funding-conversion targets… Read full article →

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LEAP Africa and Digital African Woman launch a marketplace giving women entrepreneurs immediate access to continental markets.

IndexPrima • Aug 15, 2026

The DAW Marketplace officially launched on August 8 to help women transition from leadership training to active market participation.Thirty-one female entrepreneurs from 12 African countries receive 12 months of free marketplace access, a package valued… Read full article →

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Uganda's government seeks parliamentary approval to write off Shs2.3 billion in debt to help revive the state-owned Kilembe copper mines.

AllAfrica Business • Aug 14, 2026

State Minister for Finance Amos Lugoloobi requested Parliament to write off Shs2.297 billion in outstanding annual mineral rent owed by Kilembe Mines Limited.The unpaid rent accumulated between 2018 and 2024 following the 2017 termination of… Read full article →

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Cascador partners with Nigeria's Ministry of Youth Development to launch a training program offering non-dilutive funding to early-stage founders.

TechCabal • Aug 14, 2026

The NiYA x Cascador Founders Program will support a pilot cohort of 20 early-stage Nigerian founders through a four-week business fundamentals and investment-readiness training in Abuja.Eight top-performing founders will receive up to ₦5 million ($3,600)… Read full article →

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