Last year, e-commerce company, Jiji entered the South Asian Market in Bangladesh, its first market outside Africa.
It’s direct competitor? Bikroy. It was at the time, the country’s largest online classifieds marketplace.
That is until it’s acquisition by Jiji.
This is the 3rd time in 6 years that Jiji has acquired a top competitor after entering a new market.
There was:
- OLX Africa in 2019
- Tonaton in 2022
This strategy seems to be work.
Enter- Compete- Acquire- Build reputation- Repeat
Ride-hailing platforms in South Africa were given until March 11th to secure registration for the National Public Transport Regulator (NPTR).
They were additionally given an additional 180-day grace period that Uber failed to register by. Although Uber claims to have submitted its application long before the deadline.
They are now the only ride-hailing platform not duly registered. The NPTR acknowledges processing delays and says it may announce an extension by May 12.
ICYMI: Last week, OmniRetail launched its manufacturer product while Fincra got a license in Ghana, now operating in 6 countries worldwide.
And then there was Kled. The AI platform that just banned Nigerian users for what it claims was an over 90% fraud rate.
And now, the over 250,000 Nigerians who signed up with their bio data are asking what will happen?
Is there any Nigerian that doesn’t know OPay?
It looks like the US is about to find out and make bank off the billion dollar fintech.
But we have some questions👀👀
Coinbase is partnering with Egyptian-founded Kemet to expand institutional crypto derivatives trading — a market that processed over $85 trillion in volume last year alone.
Founded by Egyptian entrepreneur Ash Ashmawy, Kemet builds infrastructure that helps large financial institutions trade crypto derivatives more efficiently. The startup has already processed over $30 billion in trading volume and raised backing from Coinbase Ventures.
This is yet another proof that African-founded startups are building the infrastructure powering global finance.
10 years ago, Piggyvest (@piggyvest ) built a fresh product in public. We saw it all unfold, and that little idea has grown into a tech product that we now love and trust.
@bunieontour watched the documentary with nostalgia and a mind full of lessons.
There’s still so much to be built in Nigeria using tech. Still so much foundation to be laid. Here’s how to get started!
We watched the Piggyvest (@piggyvest ) documentary so you definitely have to!
For a company built in public from day one, this documentary humanized building in Africa’s most competitive market.
Will you be watching?
If your church media team struggles to project the right Bible verse in time with the Pastors preaching, then you’ll understand why @pewbeam_ai had to be built. Let the church say AI! I mean Amen!
In 2025, Dara Sobaloju built an AI tool that listened to the pastor and responded in seconds with a corresponding Bible verse. One that the entire congregation could see projected on a screen.
For a small fee, churches all around the world can get Pewbeam. But are they willing to pay? Find out via #linkinbio⬆️⬆️⬆️
Nigerian’s were surprised earlier today with disclosed documentation that showed that Meta was absolved of a $32.8 million penalty for alleged data privacy violations of over 60 million citizens.
The NDPC, Nigeria’s Data Protection Commission reversed its stance of this case that it has been investigating since September of 2023.
A settlement was signed on October 30th, 2025 and later validated by the court the next month, on November 3rd. Meta will only have to pay legal fees incurred by the government during the court proceedings.
The big question now is why?
Last week, Africa made regulatory calls in tech. Starting with Mauritius’ AI ethics play, the Nigeria reducing banking costs and finally Kenya holding Binance users by the neck.
Are you in support? 👀
Food delivery service platform, Swoop (@swoopappng ) just raised $7.3M from Long Journey, Variant, Version One, Dune Ventures, Soma Capital, Zero Knowledge Ventures, Walter Kortschak, Base Capital, and other investors.
This is Swoop’s official entry to Nigeria, with plans to expand in Lagos — one of the toughest, fastest-moving consumer markets on the continent.
It’s starting with food delivery, but the ambition is bigger: to become a super app, a daily commerce layer for how people spend.
The swoop model is built for transparency.
• A flat 7% handling fee.
• Delivery priced by distance (closer means cheaper).
• And 100% of delivery fees go straight to riders.
That’s the edge that the company is betting on to beat the competition. In a market crowded with convenience, clarity wins. They’re bringing not just faster delivery, but a system people actually trust.
Creator business platform, Mainstack (@themainstack ), just secured a U.S. Money Services Business license from FinCEN, the Financial Crimes Network in the US, officially becoming a compliant financial operator in the world’s largest market.
The company has been building for compliance from day one with world-class Anti-Money Laundering (AML) and KYC standards in its payments architecture. They can now serve US-based creators directly, without relying on third-party intermediaries.
Speaking on the license, co-founder Ayobami Oyaleke says, “Mainstack is not a regional platform that got lucky internationally. We are building global financial infrastructure for the creator economy, and this license is the foundation that makes the U.S. market fully accessible to us. Creators everywhere deserve the same quality of financial tools that have historically been reserved for enterprise businesses.”
Now they’re using that foundation to build global financial infrastructure for creators: a single platform to sell, earn, and move money across 135+ currencies. With Mainstack V4 on the way, the goal remains clear. To turn fragmented creator tools into a unified, borderless business stack.
