ECOWAS Startup Awards to Support Growth and Market Access for West African Startups

The Economic Community of West African States (ECOWAS) will bring together 60 of West Africa’s most promising startups for the 2nd ECOWAS Startup...

She Code Africa and Apify Launch Hackathon to Help African Women Build and Monetise Technology

She Code Africa has partnered with Apify to launch the Apify × SCA BuildHer Hackathon 2026, a programme aimed at helping women developers...

GoGettaz 2026 Recognises Young African Entrepreneurs Transforming Agrifood Systems

Young African agrifood entrepreneurs are developing businesses that can improve food production, reduce waste, expand access to finance and create new opportunities for...

Biochar Industrial Group Raises $1.5 Million to Convert African Farm Waste Into Carbon Credits

Biochar Industrial Group (BIG), a climate-tech startup founded by former Releaf Earth executives, has raised $1.5 million in pre-seed funding. The company plans...

16-Year-Old Zimbabwean Student Wins Global Award for Biodegradable Plastic Made From Cow Dung and Apple Waste

A 16-year-old Zimbabwean student has earned international recognition for developing a biodegradable, eco-friendly plastic made from cow dung fiber and apple waste, taking...

Paymob Raises $35 Million to Expand Digital Payments Across MENA

Egyptian payments infrastructure provider Paymob has raised $35 million in a pre-Series C funding round to expand its digital payments business across the...

ARC Ride Launches Heavy-Duty Electric Motorcycle in South Africa

Kenyan e-mobility infrastructure company ARC Ride has launched its heavy-duty electric motorcycle, the Panther, in South Africa, targeting the country’s growing last-mile delivery...

Africa’s Entrepreneurial Paradox: Highest Ambition, Lowest Support, According to New Global Report

Angola posted the highest rate of early-stage entrepreneurial activity of any economy tracked worldwide in 2025 more than half its adult population is...

Remita Launches New App to Simplify Everyday Financial Management

Remita has launched a new mobile application that brings banking, payments and money-management services together on one platform. The move is aimed at...

She Code Africa and Apify Hackathon Opens New Paths for Women Developers to Monetise Their Skills

The She Code Africa and Apify BuildHer Hackathon 2026 has created new opportunities for women developers to turn their technical skills into practical...

SunCulture Secures $10 Million Financing to Expand Solar Irrigation in Africa

SunCulture, Mirova and Kaleidofin have closed a US$10 million securitisation of receivables linked to solar irrigation systems. The financing will help SunCulture recycle...

Nearpays Wins $100,000 Fintech for Good Prize at MoneySurge Pitch Competition

Nigerian fintech company Nearpays has won the $100,000 Fintech for Good prize at the 2026 MoneySurge Pitch Competition, strengthening its efforts to make...

Acumen Invests $5 Million in Sun King to Expand Solar Energy Access in Zambia

Acumen has invested $5 million in Sun King’s Zambian subsidiary to expand access to affordable solar energy across the country. The investment will...

Kredete Acquires Gravv to Expand Global Payments Infrastructure

Kredete is expanding its global payments infrastructure through the acquisition of Gravv, an agentic stablecoin infrastructure platform serving businesses across more than 100...

Google backs 15 South African startups as AI reshapes African entrepreneurship

Google is backing 15 South African startups building artificial intelligence solutions for education, finance, healthcare, mobility and other everyday problems, as the technology...

OneDosh Expands Into the EU to Support a More Connected Cross-Border Financial Market

OneDosh is expanding its cross-border financial platform into the European Union, giving more users access to tools designed to manage money across different...

Ten Agribusinesses Selected for Mastercard Foundation Fund’s First Cohort

The Mastercard Foundation Fund for Resilience and Prosperity has selected its first cohort of 10 agribusiness participants across seven Sub-Saharan African countries under...

RcrutAI Expands Panther Platform Into Commercial and Mixed-Use Real Estate

RcrutAI is expanding its Panther platform into commercial real estate and mixed-use development, giving developers a broader intelligence system to support land, planning,...

Kenyan Agritech Startup Rhea secures $100,000 to Deploy 100 Soil-Testing Devices Across Tanzania

Kenyan agritech startup Rhea Soil Health Management has secured $100,000 in convertible note financing from Obudu Capital funding a commercial expansion of its...

Afreximbank Extends $10 Million Facility to Azania Bank to Support Tanzanian SMEs

Afreximbank has committed US$10 million to Azania Bank of Tanzania in a new facility aimed at supporting small and medium-sized enterprises (SMEs) in...

3IF Ventures Makes First Investment in Turaco to Expand Insurance Access Across Africa

Mauritius-based pan-African fund 3IF Ventures has made its first investment by backing Nairobi-based InsurTech Turaco, supporting the company’s efforts to make insurance more...

Benin Secures €500 Million in International Financing Backed by AfDB Fund Guarantee

Benin has secured €500 million (about CFAF 328 billion) in international bank financing from the African Development Fund to invest in education, health,...

Aeon Raises $1 Million to Expand Cybersecurity Protection Across Africa

Aeon has secured $1 million in seed funding to expand its cybersecurity infrastructure and help organisations across Africa and the Global South better...

Absa Bank Tanzania Strengthens Support for Women in Technology Through GirlCode Hackathon

Absa Bank Tanzania is strengthening efforts to increase opportunities for women in technology through the GirlCode Hackathon 2026, which brought together young women...

Three Moroccan Startups Win Orange POESAM 2026 National Competition

Three Moroccan startups will take their technology solutions to the international stage after winning the national edition of the 16th Orange Social Entrepreneurship...

Bujeti Selected for Rain’s Global Agentic Startup Program

Bujeti has been selected as one of five companies globally to join the first cohort of Rain’s Agentic Startup Program, giving the African...

Enko Capital Invests in EV.Tech to Expand EV Charging Network in Côte d’Ivoire

EV.Tech has secured new investment from Enko Capital to expand electric vehicle charging infrastructure across Côte d’Ivoire. The capital will enable the company...

mylo Partners with AXA Egypt to Expand Financial Protection for Customers

mylo, the fintech arm of B.TECH Group, has partnered with AXA Egypt to introduce a group credit life insurance programme for eligible mylo...

Proparco Invests €150,000 in Farm to Feed to Reduce Food Loss and Increase Farmer Incomes

Proparco has invested €150,000 in Kenyan agritech company Farm to Feed to support its work to reduce food loss, increase smallholder farmer incomes...

Ocular AI Secures $2 Million in Pre-Seed Funding

Zimbabwean entrepreneurs Michael Moyo and Louis Murerwa have raised $2 million in a pre-seed funding round for their artificial intelligence company, Ocular AI....

Uganda’s Sandi AI turns Farmer Savings Groups into a Route to Solar Irrigation Ownership

Ugandan startup Sandi AI leverages farmer savings groups to help smallholders purchase solar irrigation equipment, bypassing the need for loans, collateral or credit...

Afreximbank Issues $29 Million Guarantee to Scale Digital Customs Bond Across East Africa

The African Export-Import Bank has issued a $29 million guarantee to BSMART Technology Ltd to support the implementation and scaling of the EAC...

Kenswitch Launches Domestic Card Scheme to Expand Local Payment Options in Kenya

Kenswitch has launched a domestic card scheme that could give Kenyan banks and financial institutions more options for issuing and processing card payments...

Mozambique’s Cashew Revenue Slumps 17.7% Despite Ambitious $374 Million Growth Plan

Mozambique’s raw cashew exports generated $82.9 million in the first half of 2026, retaining their position as the country’s biggest agricultural export despite...

Satlyt Raises $8 Million to Expand Cloud Computing Capabilities in Space

Satlyt has raised $8 million in seed funding to expand software that could help satellites process more data in orbit and reduce the...

Dangote Plans $3.5 Billion Pipeline Network to Supply Fuel Across Southern Africa

Billionaire Aliko Dangote plans a $3.5 billion, 2,650-kilometer petroleum pipeline to supply Southern African nations and alleviate energy distribution issues in the region....

Five Nigerian Startups Secure €65,000 to Expand Innovation and Create Jobs

Five early-stage Nigerian startups have secured a combined €65,000 in pre-seed funding through the Orange Corners Innovation Fund (OCIF), giving the businesses capital...

IFC Commits $50 million to Strengthen Nigeria’s Infrastructure Financing

The International Finance Corporation (IFC) has committed $50 million in long-term subordinated debt to Nigeria’s Infrastructure Credit Guarantee Company Plc (InfraCredit), strengthening the...

Kenya Opens Dangote Refinery IPO to Local Investors Through GDRs

Kenyan investors are being given access to the Dangote Petroleum Refinery and Petrochemicals IPO through a Global Depositary Receipt (GDR) structure, opening a...

Egypt’s Entrepreneur Awards Opens Sixth Edition with a Focus on Business Networking

Egypt’s Entrepreneur Awards (EEA) has launched its sixth edition with a stronger focus on networking as a way to help entrepreneurs access new...

FSD Africa Launches Manager Finance Facility to Back Africa’s Alternative Capital Providers

FSD Africa has launched the Manager Finance Facility, a new initiative designed to channel catalytic capital to Africa’s emerging generation of Alternative Local...

African Healthtech Partnerships to Expand Access to Care and Medicines

Four new partnerships between African health technology companies and global, regional and private-sector organisations are expected to improve access to healthcare, medicines and...

Ecobank Commits $2.6 billion to women-led businesses and African agriculture

Ecobank Group plans to direct $2.6 billion in lending towards women-owned businesses and agricultural value chains across Africa by 2030, expanding its focus...

Egypt to Host KEMET-X as Career 180 Targets Global Investment and Startup Growth

Career 180 has announced KEMET-X, a global entrepreneurship and innovation gathering that aims to bring approximately $5 billion in funds from five continents...

Rising Tide Africa Commits $1 Million to Help Ororo Waste Expand Used Cooking Oil Collection in Nigeria

Rising Tide Africa has committed up to ₦1.4 billion ($1 million) to Ororo Waste Management Limited to expand used cooking oil collection across...

Yango Group Fellowship Highlights African Talent and Practical Solutions to Local Challenges

Yango Group’s Pan-African Fellowship has highlighted the depth of African technology talent while giving young innovators an opportunity to develop solutions to practical...

Seven Kenyan women-led startups secure KSh9 million in Standard Chartered grants

Seven women-led startups in Kenya have secured a combined KSh9 million in grants under the ninth cohort of the Women in Tech Kenya...

BM Consumer Finance “Souhoola” Completes Its Third Securitization Bond Issuance Worth EGP 883 Million

BM Consumer Finance – Souhoola has completed its third securitization bond issuance, raising EGP 883 million (about US$16.9 million) to strengthen its funding...

MoneyHash Partners with Geidea to Expand Payment Access Across UAE, KSA and Egypt

MoneyHash has partnered with Geidea to expand payment capabilities available to businesses through MoneyHash’s unified payment infrastructure. The partnership gives businesses a simpler...

AfDB, We-Fi target Africa’s $49 Billion Women’s Business Financing Gap

The African Development Bank Group and the Women Entrepreneurs Finance Initiative (We-Fi) are stepping up efforts to close Africa’s persistent financing gap for...

AFRICA AT UNGA81: ENTREPRENEURSHIP – THE MISSING LINK BETWEEN AFRICA’S POTENTIAL AND ITS PROSPERITY

As Africa’s leaders, investors and institutions gather in New York, conversations around capital, critical minerals, artificial intelligence, trade and infrastructure are raising a...

UNDP, GSMA Partner to Scale African-led AI Innovation

The United Nations Development Programme (UNDP) and the GSMA have launched a strategic partnership to accelerate the development and commercial deployment of African-built...

Lersha Receives $100,000 MIT Solve Prize to Expand Services for Smallholder Farmers

Ethiopian agricultural startup Lersha received $100,000 from MIT Solve to expand its work supporting smallholder farmers with access to finance, agricultural inputs, advisory...

Complete Farmer Secures $2.4m IFC-Backed Loan to Expand Agricultural Finance in Ghana

Complete Farmer has secured a $2.4 million convertible loan from the International Finance Corporation (IFC) and the Business Investment Financing Track (BIFT) to...

MNT-Halan Plans 20% IPO Listing on Egyptian Stock Exchange

Egyptian fintech lending and payments company MNT-Halan plans to list 20% of its shares on the Egyptian stock exchange, creating an opportunity for...

Egypt’s Digital Banking Push Creates New Opportunities for Financial Inclusion and Growth

Egypt’s approval of a full regulatory framework for its Digital Financial Identity platform could expand access to banking services while giving financial institutions...

Dar Ventures Partners with Plug and Play to Expand DarE Startup Programme

Dar Ventures has entered into a partnership with global innovation platform Plug and Play to take its DarE startup programme into a new...

Fawry and Congineer Partner to Streamline Retail Operations and Digital Payments in Egypt

Fawry has partnered with Congineer to help retailers and businesses in Egypt manage sales, operations and digital payments through a more connected technology...

Afreximbank and ATDC Sign US$500 Million Facility to Strengthen African Trade

The African Export-Import Bank (Afreximbank) and the Africa Trading and Distribution Company (ATDC) have signed a US$500 million Global Credit Facility to support...

Three African Startups Win Big at GEC+Africa 2026 in Cape Town

Three African startups tackling accessibility, plastic waste and agricultural waste walked away as winners at the GEC+Africa 2026 pitching session in Cape Town....

South Africa’s NEF, NYDA Commit R100 Million to National Youth Fund

South Africa’s National Empowerment Fund (NEF) and National Youth Development Agency (NYDA) have committed R100 million to establish the National Youth Fund, seeking...

21 African Fintech Startups Join Visa Africa Fintech Accelerator to Drive Digital Innovation

Twenty-one African fintech startups have joined the sixth cohort of the Visa Africa Fintech Accelerator, gaining access to a programme designed to help...

Bosta Wins Four International Awards as It Strengthens Egypt’s Logistics and E-Commerce Ecosystem

Bosta has won four awards at the International Business Magazine Awards 2026, recognising its work in logistics, technology, customer service and last-mile delivery....

Sadio Mané Invests $20.4 Million in Senegal Mango Processing Project

Senegalese football star Sadio Mané is investing CFA11.7 billion ($20.4 million) in an agro-industrial project aimed at expanding mango processing in Casamance and...

DALTEX and Irritech Partner to Expand Advanced Irrigation Solutions Across North Africa

DALTEX Corporation has signed a strategic partnership with China-based irrigation specialist Irritech to expand access to large-scale irrigation solutions in Egypt, Algeria and...

Four African Entrepreneurs Recognised Among 2026 Global Citizen and PayPal Small Business Impact Award Winners

Four African entrepreneurs have been recognised among the 15 winners of the 2026 Global Citizen and PayPal Small Business Impact Awards. The entrepreneurs...

Cameroon startup lensX launches Africa-focused Online Marketplace

Cameroonian startup lensX has launched an Alibaba-style Africa-focused online marketplace to help businesses and consumers transition from social media to a more structured...

Zambezi Basin Countries Set Priorities for $130 Million Climate Resilience Programme

Eight countries sharing the Zambezi River Basin have agreed on priority actions for a planned $130 million regional programme aimed at strengthening food...

Absa Group Partners with Thunes to Expand Cross-Border Payment Services

Absa Group has selected Thunes as its strategic Multicurrency Clearing (MCC) partner as the bank strengthens its cross-border payment infrastructure across Africa and...

Two Africans Named 2026 Goalkeepers Champions for Advancing Equitable AI

Zimbabwean digital policy leader Chenai Chair and Nigerian technology leader Hon. Dr. Bosun Tijani have been named among the 2026 Goalkeepers Champions by...

Egypt Has a Historic Opportunity to Build a New Generation of Technology-Driven Exports, Hany Girgis

Egypt’s economy has long relied on the Suez Canal, tourism and money sent home by workers abroad. That picture is changing. Some of...

Afreximbank Extends €40 Million Facility to Support Prometal’s Industrial Expansion in Cameroon

A €40-million revolving working capital facility from the African Export-Import Bank (Afreximbank) will support Prometal SA’s continued industrial expansion and strengthen local production...

Saviu Ventures Invests $1.36 Million in Senegal’s SORAM Afrique

Paris- and Nairobi-based investor Saviu Ventures has invested in Senegalese industrial company SORAM Afrique as part of a $1.36 million funding round. The...

Healthleap Raises $38 Million to Expand AI-Powered Healthcare Platform

South African-founded health technology startup Healthleap has raised $38 million in seed and Series A funding to expand its artificial intelligence (AI) platform,...

World Bank Lifts Africa Growth Forecast to 4.3%, Urges Governments to Harness AI

The World Bank raised its 2026 growth forecast for Sub-Saharan Africa to 4.3% from 4.1%, citing stronger performance across the region, but warned...

Mukuru Launches Account and Card to Expand Banking Services in South Africa

Pan-African fintech Mukuru has launched the Mukuru Account & Card in South Africa, giving customers access to everyday banking, domestic payments and cross-border...

Bekia Raises $765,000 to Expand Digital Waste Recycling Platform in Egypt

Egyptian waste management startup Bekia has raised $765,000 in seed funding to expand its digital waste collection platform, strengthen its consumer app and...

World Bank Group Mobilises Record Private Capital as Africa Financing Hits $22 Billion

The World Bank Group mobilised a record volume of private capital in its 2026 financial year, with financing directed to Africa rising more...

Valu and noon Minutes Partner to Expand Flexible Payments for Egyptian Shoppers

Egyptian shoppers will have greater flexibility when paying for everyday purchases under a new partnership between Valu and noon Minutes, noon’s quick-commerce platform....

Airtel Money Sets £5.3 Billion Valuation Ahead of London Stock Exchange Listing

Airtel Money’s planned listing on the London Stock Exchange will give the mobile money business access to international investors and provide a new...

Replit Acquires Egypt-Founded Atta to Bring AI-Powered Business Analysis Into Its Platform

US-based AI platform Replit has acquired Egypt-founded AI analytics startup Atta, bringing business data analysis and visualisation into the same workspace where users...

Alliance Invests $500,000 in Cloud9 to Expand Cross-Border Payments for African Businesses

Alliance, a New York-headquartered crypto accelerator and founder community, has invested $500,000 in Cloud9, a Kenyan fintech that provides digital banking services to...

IsDB commits $376m to Tunisia Highways Linking Capital with Interior Regions

The Islamic Development Bank has approved €335.49 million ($376 million) in financing for Tunisia’s highway network, backing two major road projects designed to...

Women in Tech Zambia Awards US$50,000 to Five Women-Led Businesses

Five women-led businesses have received a combined US$50,000 in equity-free seed funding through the Women in Tech Zambia Cohort 6 Accelerator Programme. Each...

Afreximbank, DBSA Launch $20 Million Facility to Prepare Southern Africa Projects for Investment

The African Export-Import Bank and the Development Bank of Southern Africa have established a $20 million joint facility to prepare infrastructure and industrial...

Four Africans Featured in TIME100 Next 2026 for Work Shaping Africa’s Future

Four Africans have been recognised in the 2026 TIME100 Next list, highlighting their work across financial technology, public services, food security and education....

AfDB, ODI Global Partner to Redesign Financing for Africa Amid Rising Capital Costs

The African Development Bank Group and ODI Global have partnered to develop financing instruments and policy reforms aimed at reducing capital costs and...

East Africa Foods Raises $26 Million to Expand Food Supply Chain Infrastructure

East Africa Foods (EAF) has raised US$26 million in Series B equity as part of a broader capital raise of approximately US$40 million...

Kenya Set to Host Africa Startup Festival as Investor Interest Grows

The Africa Startup Festival Kenya 2026 will bring together entrepreneurs, investors, corporates and technology leaders from across Africa on October 29–30, positioning the...

Standard Chartered Foundation Awards $50,000 to Five Women-Led Nigerian Businesses

Five women-led businesses in Nigeria have received a combined $50,000 in grant funding through the Standard Chartered Foundation Women in Tech Accelerator. The...

AfDB to Provide $20 Million for Four African Green Hydrogen Projects

The African Development Bank Group (AfDB) will provide $20 million in reimbursable grants to four green hydrogen and derivatives projects in Egypt, Morocco,...

FINCA Ventures Awards $400,000 to Six African Startups

FINCA Ventures has awarded $400,000 in non-dilutive grant funding to six early-stage technology startups in Sub-Saharan Africa. The funding will support businesses working...

GrowthLabs Partners with Amenli to Launch Insurance Service for Startups

GrowthLabs has partnered with Amenli to make insurance more accessible to startups and entrepreneurs in Egypt. The partnership introduces a dedicated digital insurance...

Africa Go Green Fund Commits Additional $18 Million to Spiro

Africa Go Green Fund (AGG), a climate-focused debt fund managed by Cygnum Capital, has increased its financing commitment to electric mobility company Spiro...

Women Lag Men in AI Adoption as Gender Gap Threatens to Deepen Economic Divide

Women are adopting artificial intelligence at a slower rate than men despite being disproportionately represented in jobs most exposed to AI disruption, raising...

Cassava Compute Supercomputer Ranks 36th on Global TOP500 List

Cassava Compute’s Cape Town-based supercomputer has placed Africa among the world’s leading high-performance computing markets after securing the 36th position on the global...

Four African Entrepreneurs Named Finalists for 2026 Africa Prize for Engineering Innovation

Four entrepreneurs from Kenya, South Africa and Niger have been selected as finalists for the 2026 Africa Prize for Engineering Innovation, bringing solutions...

NBA Africa, Quest Water to Build 55 Basketball Courts Across DRC by 2030

NBA Africa and Quest Water Global are set to build or renovate 55 full-size and 3-on-3 basketball courts across the Democratic Republic of...

Paystack Introduces Onsite Shopify Checkout for South African Merchants

Paystack has introduced South Africa’s first onsite card checkout for Shopify, giving shoppers the ability to pay directly within a business’s online checkout...

AI Platform Rinku Targets Gaps in South Africa’s SMME Support System

A new AI-powered platform is helping South African small businesses access more targeted support by connecting entrepreneurs with mentors, development programmes, funding and...

ITC and UNCDF Partner to Expand Access to Finance for African SMEs

The International Trade Centre (ITC) and the United Nations Capital Development Fund (UNCDF) have signed a new agreement to expand access to finance...

Infinite Partners Closes $168 Million Private Equity Fund

South African private equity firm Infinite Partners has raised $168 million (R2.8 billion) through the final close of its Infinite Partners Core Equity...

Africa Launches First Home-Grown Credit Rating Agency as Debt Costs Rise

The African Union is launching the Africa Credit Rating Agency (AfCRA) in Mauritius today, creating the continent’s first home-grown credit rating institution as...

South African Legal Heavyweight Navi Pillay wins Nobel Peace Prize

Former United Nations human rights chief Navanethem “Navi” Pillay has won the Nobel Peace Prize, recognising her decades-long work defending human rights, promoting...

Moove to Transfer ₦35 Billion in Vehicles to Drivers as It Exits Nigeria

Nigeria-founded mobility company Moove is exiting the Nigerian market and will transfer ownership of vehicles worth more than ₦35 billion to its existing...

Lighthouse Capital Targets US$50 Million Fund for South Africa and Kenya

Lighthouse Capital, an operator-led private equity firm, is raising a US$50 million fund to help high-growth mid-market businesses in South Africa and Kenya...

Wetech PitchHer 2026 Awards ₦8.5 Million to Women Founders Building Businesses Across Africa

Wetech PitchHer 2026 has awarded ₦8.5 million (approximately US$6,400) in funding to three women-led businesses working in fertility healthcare, rehabilitation technology and fashion...

Kora Launches One Rail to Cut Cross-Border Payment Friction for African Businesses

Nigerian-founded fintech Kora has launched One Rail, a new payment product that could help African businesses move and settle dollar-denominated funds across markets...

Safaricom, GulfCap launch Shari’ah-compliant fund on M-PESA

Safaricom has partnered with GulfCap Investment Bank (GCIB) to launch a Shari’ah-compliant money market fund on its M-PESA platform, opening a new investment...

Flutterwave CEO Olugbenga Agboola Joins Global Technology Advisory Council

Olugbenga “GB” Agboola, Founder and CEO of Flutterwave, has joined the Silicon Valley & The World Advisory Board’s Founders Council. His appointment brings...

African Startups Reach $2 Billion Funding Milestone in 2026, Africa: The Big Deal

Venture funding into African startups has crossed the $2 billion mark in 2026, providing a positive signal for the continent’s startup ecosystem despite...

ACCES 2026 to Connect African Music Industry in Johannesburg

The Music In Africa Foundation will host the ninth edition of the Music In Africa Conference for Collaborations, Exchange and Showcases (ACCES) in...

HubPharm Africa Wins $30,000 at the ECOWAS Startup Awards

HubPharm Africa has won the top prize at the 2nd ECOWAS Startup Awards, securing $30,000 in equity-free funding to support the growth of...

Vatar Inc. Raises $500,000 After Lagos Life Reaches 4.3 Million Users

Vatar Inc., the company behind Nigerian browser game Lagos Life, has raised $500,000 in angel funding at a $10 million valuation just three...

NeoFleet Capital Raises $4 Million to Expand Taxi Fleet Financing Across Emerging Markets

Cyprus-based mobility finance company NeoFleet Capital has raised $4 million in pre-seed funding to expand its taxi fleet financing operations and prepare for...

TikTok Expands Monetisation Opportunities for South African Creators

TikTok has expanded its TikTok One platform to South Africa, opening new routes for creators to earn money through brand campaigns as research...

Dakar 2026: Africa Hosts Its First Olympic Event as Senegal Bets on Youth

Senegal will open the 4th Summer Youth Olympic Games, the first Olympic sporting event ever held on African soil, on October 31, putting...

inDrive Cuts Commission to 1% as South African Fuel Costs Squeeze Drivers

Ride-hailing platform inDrive has cut its commission to 1% in Johannesburg and Pretoria, letting participating drivers keep 99% of their fare income as...

BII commits $65m to Sustainable Finance in Zambia and Agriculture in Zimbabwe

British International Investment (BII), the UK’s development finance institution has committed $65 million to expand sustainable project financing in Zambia and strengthen lending...

Reni Onafeko Takes Over as Glovo Nigeria Country Managing Director

Glovo has appointed Reni Onafeko as its new Country Managing Director for Nigeria, giving her responsibility for leading the company’s next phase of...

African Startups Raise $1.44 Billion in H1 2026

African startups raised $1.44 billion in the first half of 2026, slightly surpassing last year’s $1.42 billion. However, this growth reflects a trend...

Victor Ayebameru Wins Global Quant Championship, Opening Doors for African Talent in Finance

Victor Ayebameru, a graduate of Adekunle Ajasin University, Akungba Akoko (AAUA), has emerged as the overall world champion at the 2026 International Quant...

Uganda’s MAM Telecom secures $250,000 to tackle East Africa’s Mobile-money Liquidity Gap

Ugandan financial infrastructure startup MAM Telecom has secured a $250,000 grant from a private South African investor to develop a platform targeting liquidity...

PawaPay Secures Mozambique Payment Licence to Expand Merchant Access to Mobile Money

PawaPay has secured a Payment Service Provider (PSP) licence from the Bank of Mozambique, allowing the pan-African payments aggregator to onboard merchants directly...

Ten Zimbabwean Startups Selected for Startup World Cup 2026 Regional Finale

Ten Zimbabwean startups have been selected to compete at the Startup World Cup Zimbabwe 2026 Regional Finale on Friday, 16 October, in Harare,...

Viyona Fintech Targets Zimbabwe for African Expansion

Viyona Fintech plans to expand access to digital payments in Africa by introducing technology that allows small businesses to accept contactless payments using...

15 Influential Africans Featured in Forbes Africa Icons 2026

For 15 years, FORBES AFRICA has documented the people, businesses and ideas shaping the continent’s economic and social development. Its Forbes Africa Icons...

Velocity, CrissCross Expand Stablecoin Access Across 30-plus African Markets

Velocity has partnered with CrissCross to connect global stablecoin liquidity with local financial infrastructure across more than 30 African markets, a tie-up aimed...

M-KOPA Acquires KilpiTek in $8 Million Deal

African fintech and asset-financing company M-KOPA has acquired Finnish software company KilpiTek Oy in an $8 million deal. The acquisition will give M-KOPA...

Kuunda Completes US$5 Million Secondary Share Sale Led by E4E Africa

Kuunda has completed a US$5 million secondary share sale led by E4E Africa. The transaction provides returns to early investors while strengthening the...

IFC, BlueOrchard Target $2bn to Channel Institutional Capital into Emerging Markets

The International Finance Corporation (IFC) and BlueOrchard Finance are targeting up to $2 billion in institutional commitments through a private debt investment vehicle...

IMF Warns an AI Investment Reversal Could Cut Global Output 1.1% by 2028

The International Monetary Fund warned on Tuesday that a sudden end to the artificial intelligence investment boom is among the biggest risks to...

LekkeSlaap Acquired by South African Investor Consortium

South African travel startup LekkeSlaap has been acquired by a consortium of local investors, with plans to expand across Southern Africa, invest in...

Bujeti Makes AI Finance Platform Brain Available to Businesses

Nigerian fintech startup Bujeti has made its agentic AI finance platform, Brain, publicly available after a two-week private beta. The platform is designed...

Nuvion Partners With EbonyLife Place London to Connect African Creatives to Global Financial Services

Financial technology company Nuvion has partnered with EbonyLife Place London to provide cross-border financial services to businesses and creators in Africa’s expanding creative...

Cascador and Sterling Bank Launch $200 Million Fund to Expand Loans for Nigerian Businesses

Cascador and Sterling Bank have launched a $200 million fund to help more Nigerian small businesses and startups access bank loans. The SME...

AFG Bank Guinea Targets $134m SME Loan Portfolio by 2027

AFG Bank Guinea plans to double its lending to small and medium-sized enterprises (SMEs) to €120 million ($134.3 million) by 2027, as the...

Solarise Africa Secures €1 Million Grant to Expand Solar Financing into Uganda and Zambia

Pan-African energy company Solarise Africa has secured a €1 million grant from the Energy and Environment Partnership Trust Fund (EEP Africa) to expand...

Cowrywise Records 1 Million Stock Trades, Launches New Investment Feature

Cowrywise, a Nigerian investment fintech, has processed more than 1 million stock trades in the year since launching its Stocks product. The company...

NSIA Names 12 Finalists for NPI 4.0 Prize for Innovation

The Nigeria Sovereign Investment Authority has named 12 finalists in the fourth edition of its Prize for Innovation, NPI 4.0, spotlighting startups building...

Africa’s Digital Economy Is Booming, but Cyberattacks Are Rising Faster, Mastercard Whitepaper Finds

Africa’s digital economy has expanded at remarkable speed over the past decade, but cyber threats have grown just as fast, according to a...

MoneyHash Partners with Ozow to Expand Digital Payment Options in South Africa

MoneyHash has partnered with South African fintech company Ozow to help businesses access local payment methods more easily, reduce integration costs and simplify...

EU, IFAD Launch €14 Million ATHAZ Programme to Boost Climate-Resilient Horticulture in Zimbabwe, Zambia and Botswana

The European Union and the International Fund for Agricultural Development launched the Agroecological Transitions for Horticulture in Arid Zones programme on October 8,...

Africa PropTech Priority Summit 2026 Brings Investors and Housing Innovators Together in Lagos