The African Exponent

Spiro has raised $215 million in equity funding as of June 1, 2026, to expand its electric motorcycle deployment and battery-swapping infrastructure across Africa. The round positions the company a...

In April 2025, MultiChoice Uganda did something its parent company has resisted for two decades: it started weekly DStv packages. The cheapest tier, DStv Lumba, can now be had for UGX 5,000, abo...

In April 2026, the Bank of Uganda confirmed that its diaspora remittances had risen to $2.5 billion in 2025 from $1.5 billion the year before. Sixty-one percent now arrive via mob...

IMF credit outstanding measures the value of financial assistance a country currently owes to the International Monetary Fund under active or past lending arrangements. It reflects historical reliance on IMF stabilization frameworks used during balance-of-payments pressure. It does not represent total public debt, which also includes bilateral, commercial, and multilateral ob...

One in four dollars of global mobile-money transactions flows through West Africa, according to the GSM Association. That single fact explains why Africa's founders and investors keep returning to the same territory. Of the 25 African companies on Bloomberg's 2026 watchlist, fintech claims the largest share — and the reason is straightforward: the continent's financial infras...