The Afro Insider

June 9, 2026. BUSINESS

Nigerian Fintech, Grey Secures Canadian Payment License to Expand Cross-Border Transactions

For millions of Africans working remotely, freelancing internationally, studying abroad, or running global businesses, moving money across borders is still far more difficult than it should be. Transfers can take days. Fees are often high. Exchange rates fluctuate heavily. And in many cases, users face restrictions simply because of where they are located. For Nigerian […]

June 9, 2026. BUSINESS

Black-Owned AI Grocery Startup Vori Raises $22M Series B Funding to Modernize Independent Stores

For decades, independent grocery stores across America have faced a difficult reality. While massive retail chains benefited from advanced inventory systems, supplier networks, and sophisticated technology, smaller stores were often left operating with outdated tools, manual processes, and shrinking margins. For many independent grocers especially immigrant-owned and minority-owned businesses, survival increasingly became harder in a […]

June 9, 2026. BUSINESS

Nigerian Industrialist Abdul Samad Rabiu Becomes Africa’s Second Richest Man With $19 Billion Fortune

For decades, Africa’s billionaire rankings have been dominated by familiar industries, mining, luxury goods, telecoms, and oil. But in 2026, a Nigerian industrialist quietly reshaped that conversation through something less glamorous yet deeply powerful, manufacturing. Abdul Samad Rabiu, founder of BUA Group, has officially risen to become Africa’s second richest man after his fortune surged […]