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Issue #1 Nigeria Professional and Economic Intelligence

Nigeria to Upgrate Internet System, CBN ATM Charges, Nigerian Crypto, Nigerian Tax

Nigeria launches 3 year plan to upgrade internet system. CBN end ATM maintenance charges, raises ATM...

Apr 27, 2026 Read edition

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The most-read stories across TLDR Africa in the last 7 days.

01 US logistics-tech firm Pigee is acquiring a 55% stake in Nigerian startup ShipAfrica to expand into West Africa.

02 Google and Kickstarter launch applications for the Next Wave Fund, offering African tech startups $10,000 and crowdfunding support.

03 NERC orders electricity distribution companies to channel up to 60% of operating funds into capital expenditure from February 2027.

04 Shell Lubricants Egypt partners with TAQA Petroleum to distribute its lubricants and coolants across TAQA's Egyptian service stations.

05 Liberia targets $1.3 billion in domestic revenue by December 2026 through digital tax reforms and modernized administration.

06 Cape Town climate-tech startups can apply for the Shine 2027 accelerator to secure €50,000 in grant funding.

07 South Africa's Grindstone Ventures launches a $31 million fund targeting seed to Series A tech startups.

08 Pan-African e-mobility company Spiro partners with Chinese EV manufacturer Yadea to scale electric motorcycle supply across Africa.

09 TelCables Nigeria launches naira-priced cloud and AI platform to help banks meet CBN data rules

10 Skymark Partners launches a ₦15 billion commercial paper issuance offering yields up to 24.5% to attract Nigerian investors.

11 Sanlam secures regulatory approval to launch transactional banking in South Africa, targeting a soft launch this November.

12 Partners launch Kenya's first fully protected coastal submarine cable system to boost digital connectivity and regional trade.

13 Moroccan legaltech startup Charikaty raises pre-seed funding at a €3 million valuation to expand into Egypt and the Gulf.

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

15 Ghana qualifies MTN, Telecel, and Goal Telecoms for 5G bidding as it abandons an exclusive wholesale network model.

16 Interactive AI content company Flam raises $40 million Series B to expand globally, partnering with SmartSense Technologies in Nigeria.

17 Africell secures a $99.6 million US EXIM loan to expand telecom infrastructure and counter Chinese influence in Angola.

18 Egyptian fintech Zeal raises $10 million to expand its offline-to-online payment loyalty software globally.

19 Kenya's High Court has invalidated the government's $2.1 billion sale of a 15% Safaricom stake to Vodacom.

20 Nigerian fintech CreditChek acquires Ugandan startup Algosys to expand its credit and lending infrastructure across East Africa.