Skip to main content

The Voice of African Enterprise

Top Features

Business

WIOCC Group Secures US$300 Million Investment to Expand Africa’s Digital Infrastructure

WIOCC Group has secured a combined US$300 million investment from Africa Finance...

EducationEgypt

Abwaab Acquires Egypt’s Eduact to Expand Support for Teachers and Learning Centres

Egyptian education technology startup Eduact has been acquired by Jordan-based edtech company...

BusinessSouth Africa

Mamor Capital Secures $18.8 million First Close to Back South African Technology Businesses

Mamor Capital Ventures has reached a R300 million ($18.8 million) first close...

AgricultureKenya

UfarmX Expansion Could Improve Access to Agricultural Finance in Africa

UfarmX is expanding its focus on agricultural finance as it prepares to...

Headliners

AgricultureUganda

SANDI AI Wins US$50,000 to Expand Access to Finance for African Farmers

Ugandan startup SANDI AI Technologies has secured US$50,000 in growth funding after being named the Grand Prize Winner of the GoGettaz Agripreneur Prize 2026. The award could help the company...

Latest Stories

Mastercard and Flowcart Partner to Expand Digital Payments Across Africa

Mastercard and Flowcart have entered a strategic collaboration aimed at improving digital commerce and payment acceptance across Africa. The solution will allow consumers...

Jacaranda FM Announces Top 10 Finalists for Her Perfect Pitch

Jacaranda FM has announced the 10 women entrepreneurs selected as finalists for the latest edition of Her Perfect Pitch, giving them an opportunity...

FIDO Secures $200,000 UNCDF Grant to Expand Digital Finance in Ghana

The United Nations Capital Development Fund (UNCDF) has committed $200,000 to help FIDO expand digital financial services for women and youth-led micro, small...

HelpMum Africa Wins the Grand Prize for AI for Social Impact at the Prix Ars Electronica

HelpMum Africa has won the Grand Prize for AI for Social Impact at the Prix Ars Electronica, strengthening recognition for Nigerian technology solutions...

AfCFTA Has Opened the Door. But How Many African Enterprises Are Ready to Walk Through It?

For much of its young life, the African Continental Free Trade Area has been discussed through the language of governments and trade policy....

Watu Secures $7 Million Facility to Expand Asset Financing Across Africa

Watu has secured $7 million in strategic debt financing to increase its capacity to finance mobility and connectivity assets across selected African markets....

Africa’s EV Boom Is Growing. But Are We Building an Industry, or Just a Market?

Africa’s electric-mobility transition is beginning to accelerate. New trade data reported this week show that African imports of electric motorcycles and three-wheelers from...

Mastercard and Busha Partner to Simplify Digital Asset Transfers in Africa

Mastercard and pan-African digital asset exchange Busha have partnered to make cryptocurrency transfers simpler, safer and more accessible for users in Africa. The...

KclautX Launches Unified Digital Finance Platform in Nigeria

KclautX has launched a digital asset platform that brings cryptocurrency trading, gift card exchange and bill payments into one wallet, giving Nigerian users...

Charikaty Raises €3 Million Valuation as It Expands Business Services

Moroccan legaltech startup Charikaty is expanding its services beyond company registration as it seeks to help businesses manage more stages of their growth....

Most Popular

AlgeriaBusiness

VOLZ Raises $5 Million in a Landmark Funding Round for Algeria

VOLZ has secured nearly $5 million in Series A funding, a deal...

HealthInnovation

Villgro Africa and Innovative Canadians for Change Charitable Foundation Partner to Support Healthcare Innovation in Africa

Villgro Africa and Innovative Canadians for Change (ICChange) Charitable Foundation have announced...

InnovationZambia

Zambia Secures 20-Year Solar Power Deal to Boost Industrial Growth

Africa GreenCo and Serenje Energy have signed a Heads of Terms for...

KenyaTech

Women in AI Launches Kenya Chapter to Empower Women in Technology

Women in AI (WAI), a global nonprofit committed to promoting inclusive artificial...

MoneySouth Africa

Ezeebit Raises $2.05m to Rewire Payments Across the Continent

When South African fintech Ezeebit closed a $2.05 million seed round, it...

BusinessStartups

12 African Entrepreneurs Selected for CircularLeap Scale-Up Programme

A new group of African entrepreneurs is showing how waste can become...

LifestyleSouth Africa

Nonkonzo Nguse: Taking Your Flowers Events to the Top

In the vibrant landscape of South Africa’s small business scene, stories of...

AgricultureSouth Africa

Luvo Gugwana and the Green Arch Revolution

Luvo Gugwana, the brains behind Green Arch Innovations, leads a company that...

Trending

Business

Raxio Expands Investment as Demand for African Data Centres Surges

Raxio Group has secured additional equity from existing shareholders Meridiam and Roha,...

InnovationSouth Africa

From Load Shedding to Opportunity: Ntando’s Vision

In the middle of the crippling electricity shortages that gripped South Africa...

KenyaTech

AI Education in Africa: Brains for AI’s Impact & Strategy

The African continent stands on the precipice of an AI revolution, and...

HealthLeadership

Investing in Women Leaders: A New Chapter for Health Leadership in East Africa

In 2026, WomenLift Health will continue its East Africa Leadership Journey, a...

InnovationLiberia

From Vision to Impact: The Journey of Christopher O. Fallah and Annita Store

Christopher O. Fallah is an accomplished entrepreneur, business leader, mentor, and public...

BusinessEgypt

Human Capital Development Takes Center Stage as L&D Hub 2026 Highlights Learning as a Driver of Business Growth

Every major business transformation ultimately comes down to one question: do organizations...

Editor`s Choice

Don`t Miss

SANDI AI Wins US$50,000 to Expand Access to Finance for African Farmers

Ugandan startup SANDI AI Technologies has secured US$50,000 in growth funding after being named the Grand Prize Winner of the GoGettaz Agripreneur Prize...

Kwikpik Partners with Temu to Strengthen Nigeria’s E-Commerce Logistics

Nigeria’s e-commerce sector is projected to grow significantly over the next three years, but the expansion also places greater pressure on the country’s...

AWIEF Names Finalists for 2026 Women Entrepreneurship Awards

The Africa Women Innovation and Entrepreneurship Forum (AWIEF) has announced the finalists for its 2026 Awards, recognising women entrepreneurs and business leaders whose...

Shuttlers Launches Door-to-Door Pod Service to Make Commuting More Affordable in Lagos

Shuttlers has launched Shuttlers Pod, a technology-enabled shared mobility service designed to make commuting across Lagos more affordable, reliable and convenient. The new...

Deloitte Innovation Hub Expands Egypt’s Role in Global Digital Transformation

The Deloitte Innovation Hub is helping organisations turn digital technology into measurable business value while positioning Egypt as a growing regional centre for...

FEDA Expands to 24 Members as Senegal, Liberia Join; Zimbabwe, Angola Ratify

The Fund for Export Development in Africa, the equity investment arm of the African Export-Import Bank, has expanded its membership base, with Senegal...

Mukuru’s Companion Card Could Expand Digital Financial Access in Botswana

Botswana has high mobile phone use, but access to formal banking remains a challenge for many adults. With mobile penetration at about 166%,...

AfDB Approves $5.1 Billion Framework to Shield Africa From Energy and Fertilizer Crisis

The African Development Bank Group (AfDB) has approved a new framework that could mobilise up to $5.1 billion to help African countries cope...

Top Stories

Edge Growth Launches R350 Million Fund to Help African Scale-Ups Grow

South African SME investment and business development firm Edge Growth has launched the Edge Impact Fund (EIF), a R350 million (US$21.9 million) catalytic...

NiYA and Cascador Launch Programme to Support Young Nigerian Founders

Cascador has partnered with Nigeria’s Federal Ministry of Youth Development (FMYD) through the Nigerian Youth Academy (NiYA) to help young entrepreneurs build stronger...

Minapharm Secures $16.5 Million for Bundibugyo Ebola Vaccine

Africa’s ability to respond to future disease outbreaks will depend not only on access to vaccines, but also on its capacity to develop...

Tyms and Seedstars Partner to Expand Access to Financial Tools for Entrepreneurs

Tyms Inc. has partnered with Seedstars to make bookkeeping and financial reporting more accessible to entrepreneurs across emerging markets. Through an integration with...

Nomba and Synafare Commit $1.4 million to Help 300 Nigerian SMEs Switch to Solar Power

Nomba, a Nigerian fintech company and Synafare, an asset financing company focused on renewable energy, have committed ₦2 billion ($1.4 million) to help...

Truee Launches Platform to Help African Businesses Become More Visible to AI

Nigerian startup Truee has launched a platform designed to help businesses organise and control the information that AI tools use when identifying or...

24 African Women Selected Among 50 Leaders for Vital Voices Visionaries Programme

Twenty-four African women have been selected among 50 leaders from 26 countries for the 13th cohort of the VV Visionaries programme, an initiative...

Meta Launches AI Academy Nigeria to Support AI Startups and Developers

Meta has launched AI Academy Nigeria, a national initiative aimed at strengthening artificial intelligence skills and creating more opportunities for Nigerian developers, startups,...

ASEB 2026 Puts Africa’s Ecosystem Builders at the Centre of Startup Growth

The 2026 Africa Startup Ecosystem Builders Summit & Awards (ASEB) is recognising the people, organisations and institutions working behind Africa’s startup growth, with...

JentaHub Launches Platform Connecting African Professionals With Global Opportunities

Kenyan startup JentaHub has launched a verified talent marketplace designed to connect African professionals with businesses, clients and organisations around the world. The...

Verascient Raises $1.2 Million to Help Businesses Unlock Scattered Data

Cape Town-based startup Verascient has raised $1.2 million, about R19.5 million, in its first funding round to help businesses connect information stored across...

Jem Raises $8.4 Million in Series A Funding to Expand Workforce Platform

Jem has raised $8.4 million in Series A funding led by Quona Capital, a move that will support the company’s expansion and accelerate...

Itana Expands Digital Free Trade Zone with Mr Eazi’s Choplife

Itana has signed Choplife, the entertainment and technology venture founded by Nigerian musician and entrepreneur Oluwatosin “Mr Eazi” Ajibade, as it expands its...

Moniepoint Refocuses on Africa as It Phases Out UK Remittance Business

Moniepoint is discontinuing MonieWorld, its UK-based remittance business, less than 18 months after its launch, as the Nigerian fintech company redirects its resources...

My AI Lawyer Launches Platform to Expand Access to Legal Support in South Africa

South African startup My AI Lawyer has launched a digital legal assistance platform aimed at making basic legal guidance more affordable and easier...

Women in Tech Accelerator Returns to Support the Growth of Egyptian Start-ups

For many start-ups, moving from proving a business idea to preparing it for investment is one of the hardest stages of growth. The...

Sungrow Breaks Ground on $50 Million Energy Storage Plant in Egypt

Sungrow Power Supply has started construction of a $50 million energy storage systems plant in Egypt, creating new local manufacturing capacity as the...

South African Innovator Builds Humanoid Robot Fluent in All 11 Official Languages

Mzwandile Zulu has created a unique humanoid robot in South Africa that can listen and respond in any of the country’s 11 official...

Crest Africa Names 50 Entrepreneurs Shaping Africa’s Future in 2026

Crest Africa has unveiled its Top 50 African Entrepreneurs Defining the Continent’s Future in 2026, recognising founders, innovators and business leaders whose work...

Michael Michie Kamau Appointed Kenya’s Responsible AI Governor

Kenya has secured a stronger position in the global conversation on responsible artificial intelligence following the appointment of technology leader Michael Michie Kamau...

Anzisha Names Four Grand-Prize Winners at African Leadership Festival

Four young African entrepreneurs walked away with $10,000 grand prizes at the African Leadership Festival on August 5, as the Anzisha fellowship closed...

New AFC Fund to Mobilise Capital for Climate-Resilient Infrastructure

AFC Capital Partners (ACP), the asset management subsidiary of Africa Finance Corporation (AFC), has launched the Infrastructure Climate-Resilient Fund Nigeria (ICRF Nigeria), a...

Ten Botswana Startups Set for Regional Startup World Cup Competition

Ten Botswana startups will compete in the Startup World Cup Botswana Regional on August 21, with the initiative expected to give local founders...

ThriveAgric Secures ₦5.3 Billion to Strengthen Financing for Smallholder Farmers

ThriveAgric has raised ₦5.3 billion ($3.93 million) through the first series of a commercial paper programme that could reach ₦50 billion ($37.09 million)....

Terra Industries Raises $18 Million to Expand Defence Technology Operations Across the Global South

Nigerian defence technology startup Terra Industries has raised an additional $18 million to expand its manufacturing capacity, strengthen its international operations and accelerate...

Four Africans Reach Final Stage of 2026 Genius Awards

The African Genius Awards has named four Africans who reached the final stage of its 2026 selection process, recognising achievements spanning healthcare, entrepreneurship,...

TurnStay Processes More Than ZAR1 Billion in Travel Payments in Six Months

South African fintech startup TurnStay has processed more than ZAR1 billion (US$61.5 million) in transactions so far this year, reaching the milestone within...

Food4Education Founder Wawira Njiru Wins German Africa Prize 2026

Kenyan social innovator and nutritionist Wawira Njiru has been named the recipient of the German Africa Prize 2026 for transforming school feeding into...

Strive Masiyiwa Deploys Econet to Absorb 115,000 Returnees, Targets 30,000 Jobs Through Mobile Money Push

Strive Masiyiwa, Zimbabwe’s richest man, has directed his Econet group to build employment pathways for more than 115,000 citizens who have poured back...

Three African Startups Join Stellar x CV Labs Accelerator to Strengthen Digital Finance

Three African startups from Côte d’Ivoire, Ghana and Nigeria are among 10 high-growth companies selected for the Stellar x CV Labs Accelerator, a...

Bolt Expands Parcel Delivery in Mombasa with Motorbikes

Bolt is expanding its delivery network in Mombasa with motorbikes, targeting the growing need for quicker and more affordable ways to move small...

Tausi App Wins Kenya’s Startup World Cup Regional Competition

Tausi App has been named Kenya’s regional winner of the Startup World Cup, securing the opportunity to represent the country at the next...

Africa’s Business Heroes 2026: Top 10 Entrepreneurs Advance to Grand Finale

Africa’s Business Heroes (ABH) has selected the 10 entrepreneurs who will compete at the 2026 Grand Finale, bringing the competition closer to its...

Aliko Dangote Plans Dubai Family Office to Manage $35 Billion Fortune

Africa’s richest man, Aliko Dangote, is putting in place a long-term structure to manage his family’s wealth, investments and business interests as the...

Africa Prepares to Launch Its Own Credit Rating Agency, Challenging Fitch, Moody’s and S&P’s Grip on the Continent

Africa is set to launch a continent-wide credit rating agency in Mauritius on October 5, as confirmed by the African Union. This move...

Bolt Partners with Mombasa County to License 400 Delivery Riders

Bolt and the Mombasa County Government have launched a programme to help 400 delivery riders obtain formal licences, creating a pathway for experienced...

AgDevCo Ventures Closes $49 Million First Close to Fund Early-Stage Agri-SMEs Across East Africa

AgDevCo Ventures, a new subsidiary of agribusiness investor AgDevCo, has secured a $49 million first close to finance early-stage farming and agriprocessing companies...

Abwaab Acquires Egypt’s Eduact to Expand Support for Teachers and Learning Centres

Egyptian education technology startup Eduact has been acquired by Jordan-based edtech company Abwaab in a deal that will expand access to digital tools...

Alan Acquires Tanel to Expand Digital Health Coverage Across Africa

Tanel, the Senegalese digital health insurer founded to address gaps in the country’s largely paper-based health coverage system, has been acquired by French...

CityQuest Africa Launches Interactive Tourism Platform in Ghana

Ghanaian startup CityQuest Africa is using technology and interactive gaming to create a new way for people to explore the country’s tourism and...

AfDB Expands Circular Economy Facility to Eight New Nations, Targets Africa’s $400 Billion Financing Gap

The Africa Circular Economy Facility, a multi-donor trust fund administered by the African Development Bank Group, is expanding into eight additional countries under...

Africa Supply Chain Excellence Awards Spotlight Businesses Driving Better Trade, Efficiency and Growth

The 2026 Africa Supply Chain Excellence Awards have recognised organisations whose work is improving how goods, services and essential supplies move across Africa....

SunCulture Launches Profit-Sharing Scheme to Give Employees a Stake in Company Growth

Kenya-based climate technology company SunCulture has launched RainDrops, an employee-wide profit-sharing scheme designed to give every full-time employee an opportunity to benefit from...

Platnova CEO Benjamin Oyemonlan Named Afrikanwatch Entrepreneur of the Year 2026

The recognition of Platnova Chief Executive Officer Benjamin Oyemonlan as the Afrikanwatch Entrepreneur of the Year 2026 highlights the fintech company’s growing role...

Nigerian Engineer Files UK Patent for Framework to Make Runaway AI Agents Accountable

AI agents are now moving money, approving loans and negotiating contracts on behalf of companies and almost nobody can prove what they did...

AfDB and Italy’s CDP Invest $35 Million in North African Businesses

The African Development Bank Group and Italy’s Cassa Depositi e Prestiti (CDP) have approved a combined $35 million investment in RMBV North Africa...

Afreximbank Posts 30% Profit Surge in First Half of 2026, Completes Record $1.5 Billion Bond Sale

African Export-Import Bank (Afreximbank) delivered a strong first-half performance for 2026, with net income climbing 30% and total assets crossing $52 billion, as...

Dangote Refinery Plots “People’s IPO” as Africa’s Capital Markets Face a Defining Test

Dangote Petroleum Refinery is preparing what could become Africa’s largest initial public offering, with chief executive David Bird saying the October listing is...

Condia to Address Africa’s Cross-Border Payment Challenges at The Borderless Experience

Condia will bring together key players from Africa’s financial and business sectors at The Borderless Experience on 21 August 2026 in Lagos, as...

Afrikrea Relaunches to Expand Global Opportunities for African Creators

As it marks 10 years in business, Ivorian startup Afrikrea has relaunched under its original name, reinforcing its focus on connecting African and...

Exits MENA Acquires Avanz Capital Egypt to Expand Private Capital Operations

Exits MENA is expanding its position in Egypt’s private capital market through the acquisition of Avanz Capital Egypt (ACE), a move that will...

RcrutAI Launches Panther to Transform Real Estate Development Decisions

RcrutAI has launched Panther, an artificial intelligence engine designed to help real estate developers analyse markets and make development decisions much faster. The...

Three Innovators Win Global Citizen Waislitz Awards for Solutions to Poverty

Three innovators developing practical solutions to food insecurity, poor sanitation and limited access to menstrual products have been recognized through the 12th annual...

MozParks Launches 12-Month SME Village Project in Northern Mozambique

Construction officially began Monday on the SME Village at MozParks’ Topuito Industrial Park in Mozambique’s Nampula Province, launching a 12-month project designed to...

SANDI AI Wins US$50,000 to Expand Access to Finance for African Farmers

Ugandan startup SANDI AI Technologies has secured US$50,000 in growth funding after being named the Grand Prize Winner of the GoGettaz Agripreneur Prize...

Aga Khan Hospital Nairobi Performs East Africa’s First Robotic Surgery

The Aga Khan University Hospital, Nairobi has performed what is reported to be East Africa’s first robotic-assisted gallbladder removal procedure, a milestone that...

Small Foundation Invests in Unmarkets to Build New Agribusinesses in Kenya

Dublin-based impact investor Small Foundation has invested in Nairobi-based venture builder Unmarkets, backing an initiative that could strengthen agricultural markets, create rural jobs...

Village Capital Invests $450,000 in Nigerian Startups to Support SMEs and Climate Resilience

Village Capital has invested $450,000 in two Nigerian startups through its Africa Ecosystem Catalysts Facility, providing fresh capital to businesses working to improve...

CIB Receives Approval to Establish yomo Digital Bank in Egypt

Commercial International Bank (CIB) has received preliminary approval from the Central Bank of Egypt to establish yomo digital bank, opening the way for...

Eight African Social Entrepreneurs Selected for Echoing Green Fellowship to Drive Change Across the Continent

Eight African social entrepreneurs have been selected among the latest cohort of Echoing Green Fellows, giving them access to funding and support to...

Intron’s Sahara v2.5 Targets Africa’s Multilingual Voice AI Gap

Intron has released Sahara v2.5, a new set of voice AI models designed to improve speech recognition for Africans who regularly switch between...

FMO, TDB Group Lead $600 Million Sustainability-Linked Loan for ETG to Boost African Agricultural Value Chains

FMO, the Dutch entrepreneurial development bank and the Trade and Development Bank Group have co-arranged a sustainability-linked syndicated loan facility for ETC Group,...

Flowt Raises Pre-Seed Funding to Expand Financing for Climate-Smart Businesses

Kenyan startup Flowt has secured an undisclosed pre-seed funding round to expand its AI-driven financial intelligence platform and improve access to working capital...

Algerian Processor Anacard’Or to Build Three Cashew Plants in Tanzania

Algerian cashew processor Anacard’Or plans to build three modern processing plants in Tanzania, starting with a facility in Masasi, Mtwara region, in a...

BasiGo and NCBA Partner to Expand Access to Electric Vehicles in Kenya

For BasiGo, expanding electric public transport in Kenya is no longer only a question of producing and deploying electric vehicles. It is also...

Mamor Capital Secures $18.8 million First Close to Back South African Technology Businesses

Mamor Capital Ventures has reached a R300 million ($18.8 million) first close for its inaugural venture capital fund, giving the black women-owned and...

17 Women Agripreneurs Named Finalists for WAYA2026

VALUE4HER has named 17 finalists for the Women Agripreneurs of the Year Awards 2026, drawing entrepreneurs from 14 African countries who will be...

JCM Power Secures 30 MW Manje Solar Project in Mozambique

JCM Power has secured the 30 MW Manje solar project in Mozambique, marking the independent power producer’s entry into the country and supporting...

Nomba Secures $3 Million Facility to Expand Cross-Border Payments Across Central Africa

Nigerian fintech Nomba has secured a $3 million debt facility from CardinalStone Finance Company Limited to expand its cross-border payments infrastructure across Central...

Wellness Advocate Norleen Zulu Turns Personal Conviction Into a Growing Wellness Platform

As Women’s Month ended in August, wellness advocate Norleen Zulu hosted The Woman Within Wellness Breakfast, an intimate gathering that explored what happens...

Ventures Platform Closes $84 Million Fund to Invest in African Startups

Ventures Platform has closed its second institutional fund at $84 million, giving the African venture capital firm more capital to invest in promising...

Mozambique Launches AI Association to Strengthen National Technology Ecosystem

Mozambique has launched the Mozambican Association of Artificial Intelligence (AMIA), a new industry association that could help strengthen the country’s technology sector by...

ChipMango Raises $1.9 Million to Expand Semiconductor Engineering Across Africa

California-headquartered semiconductor company ChipMango has secured $1.9 million in seed funding as it moves to expand its engineering workforce, commercial chip-design operations and...

OCP Revenue Falls to $5.18 Billion as Morocco’s Fertilizer Giant Faces Global Supply Shocks

Morocco’s OCP Group, the world’s largest phosphate fertilizer producer, reported first-half 2026 revenue of MAD 48.37 billion ($5.18 billion), down 7.3% from MAD...

UfarmX Expansion Could Improve Access to Agricultural Finance in Africa

UfarmX is expanding its focus on agricultural finance as it prepares to enter Kenya and launch a new credit-scoring API for financial institutions....

WIOCC Group Secures US$300 Million Investment to Expand Africa’s Digital Infrastructure

WIOCC Group has secured a combined US$300 million investment from Africa Finance Corporation (AFC) and Vision International Investment Company (Vision Invest), a move...

Maskh Secures $4 Million Investment to Expand Solar Mini-Grids in Nigeria

Nearly 100,000 people are expected to benefit from a new investment aimed at tackling one of the most basic constraints to economic activity...

AfriLabs and EYCONET Partner to Expand Investment Opportunities for Algerian Startups

AfriLabs has signed a Memorandum of Understanding (MoU) with the Algerian Ecosystem Network (EYCONET) to improve investment opportunities for high-growth startups in Algeria...

Huawei Considers Major Battery Energy Storage Project in Egypt

Huawei is considering a major battery energy storage project in Egypt that could help the country make better use of its growing renewable...

Remi Secures $135,000 to Build Confidential Blockchain Settlement System

Remi has secured approximately $135,000 from the Stellar Community Fund to develop a confidential settlement layer for regulated financial institutions. The initiative could...

Waspito Makes History as First African Startup to Win Grand LEAP Award

Waspito has made history at LEAP 2026, becoming the first African startup to win the Grand LEAP Award and securing the competition’s $250,000...

Kwikpik Partners with Temu to Strengthen Nigeria’s E-Commerce Logistics

Nigeria’s e-commerce sector is projected to grow significantly over the next three years, but the expansion also places greater pressure on the country’s...

Linearsend Launches Revve 2.0 to Give Users More Control Over Remittances

Linearsend, a Canadian fintech founded by Nigerians, has launched Revve 2.0, the biggest update in the platform’s history, with a new peer-to-peer marketplace...

AWIEF Names Finalists for 2026 Women Entrepreneurship Awards

The Africa Women Innovation and Entrepreneurship Forum (AWIEF) has announced the finalists for its 2026 Awards, recognising women entrepreneurs and business leaders whose...

Shuttlers Launches Door-to-Door Pod Service to Make Commuting More Affordable in Lagos

Shuttlers has launched Shuttlers Pod, a technology-enabled shared mobility service designed to make commuting across Lagos more affordable, reliable and convenient. The new...

Fintech Meru Expands Cross-Border Payments to 15 African Countries

Meru, a global fintech platform, has expanded its money transfer and financial services to 15 African countries, allowing users to send money directly...

Afreximbank, CreditRegistry Partner to Reach 3 Million Africans With Trade Education

Afreximbank Academy, the corporate training arm of the African Export-Import Bank and CreditRegistry Corporation have signed a memorandum of understanding aimed at unlocking...

Daba Finance and Coronation Partner to Expand Access to Nigeria’s Capital Market

Daba Markets Inc. (Daba Finance) has partnered with Coronation Securities Limited and Coronation Asset Management Limited to make Nigerian capital market products more...

U.S. passes extension of African Growth & Opportunity Act through 2028

The House of Representatives has passed a two-year extension of the African Growth and Opportunity Act (AGOA), securing duty-free U.S. market access for...

Cascador Selects 10 Nigerian Businesses for 2026 ScaleUp Programme to Accelerate Growth

Cascador has selected 10 Nigerian companies for its 2026 ScaleUp Programme, giving growth-stage businesses across key sectors access to leadership support, expert mentorship,...

Uber Ends Operations in Nigeria and Uganda

Uber’s decision to leave Nigeria and Uganda will change the way thousands of drivers and commuters access the ride-hailing market, while giving competing...

Deloitte Innovation Hub Expands Egypt’s Role in Global Digital Transformation

The Deloitte Innovation Hub is helping organisations turn digital technology into measurable business value while positioning Egypt as a growing regional centre for...

AFC Launches Captive Insurance Company to Expand Infrastructure Financing in Africa

Africa Finance Corporation (AFC) has established a new insurance subsidiary aimed at strengthening its risk management and allowing it to deploy more capital...

FEDA Expands to 24 Members as Senegal, Liberia Join; Zimbabwe, Angola Ratify

The Fund for Export Development in Africa, the equity investment arm of the African Export-Import Bank, has expanded its membership base, with Senegal...

19 African Women Agripreneurs Recognised at WAYA 2026 Awards

The 2026 VALUE4HER Women Agripreneurs of the Year Awards (WAYA) are putting fresh capital and visibility behind women-led businesses that are creating jobs,...

Dangote Confirms September 30 Groundbreaking for $16 Billion Lamu Refinery

Aliko Dangote has confirmed September 30, 2026, as the groundbreaking date for his planned $16 billion oil refinery in Lamu, Kenya, setting the...

Mukuru’s Companion Card Could Expand Digital Financial Access in Botswana

Botswana has high mobile phone use, but access to formal banking remains a challenge for many adults. With mobile penetration at about 166%,...

AXIAN Group, AfDB Launch Programme to Reach 34,000 Women-Led Businesses Across Five Countries

AXIAN Group and the African Development Bank have launched a major financial inclusion programme targeting more than 34,000 women-led enterprises across five African...

DigiTax Expands to UAE Ahead of Mandatory E-Invoicing

DigiTax is expanding into the United Arab Emirates after receiving pre-approval from the country’s Ministry of Finance to provide electronic invoicing services, positioning...

Egyptian Edtech 3C Coding School Raises $3 Million for Regional Growth

After more than a decade of building its business largely without institutional funding, 3C Coding School is entering a new phase of growth...

AfDB Approves $5.1 Billion Framework to Shield Africa From Energy and Fertilizer Crisis

The African Development Bank Group (AfDB) has approved a new framework that could mobilise up to $5.1 billion to help African countries cope...

Creditchek Expands Into Uganda With Acquisition of Algosys

For many financial institutions in Uganda, the challenge is no longer simply reaching potential borrowers. It is having the right information and technology...

Ghanaian Fintech Seevcash Raises US$333,000 to Expand Financial Services

Ghanaian fintech startup Seevcash has raised US$333,000 through the Stellar Community Fund (SCF) and affiliated programmes, funding that will support its efforts to...

TCS Sustainathon South Africa Announces 2026 Winners

Tata Consultancy Services (TCS) has announced the winners of the fifth edition of TCS Sustainathon™ South Africa, a competition designed to help university...

IFAD, AgDevCo Ventures Sign $10 Million Loan to Close Financing Gap for Early-Stage African Agribusinesses

The International Fund for Agricultural Development and AgDevCo Ventures Limited, a subsidiary of AgDevCo, have signed a $10 million loan agreement to address...

Entlaq Launches the Fourth Edition of SDR 2026 in El Gouna Red Sea

Entlaq is set to launch the fourth edition of the Egyptian Entrepreneurship Sector Diagnostic Report Summit (SDR 2026) from September 10 to 12,...

FINCA Ventures Names Six Finalists for 2026 Prize

Six early-stage African social enterprises have been named finalists for the 2026 FINCA Ventures Prize Competition, a programme designed to close the funding...

Orange Tunisia Announces Winners of 16th POESAM Competition

Three Tunisian ventures have emerged as the national winners of the 16th Orange Social Venture Prize in Africa and the Middle East (POESAM),...

Dangote Targets $1.6 Billion in Africa’s Largest-Ever IPO, Seeks 10 Million Shareholders

Aliko Dangote, Africa’s richest man, aims to raise at least $1.6 billion from retail investors through a share listing in his refinery business,...

EU, EIB’s Boost Africa Initiative Invests €108 Million, Leverages €400 Million More for African Entrepreneurs

The European Union and the European Investment Bank have invested €108 million through the Boost Africa initiative over the past decade, leveraging that...

TLG Capital Provides US$3 Million Facility to Support Drive45’s Expansion Across Nigeria

TLG Capital has closed a US$3 million senior debt facility for Drive45 Mobility Limited, providing the Lagos-based transportation company with capital to expand...

Africa Doesn’t Just Have a Funding Gap. It Also Has an Enterprise-Graduation Gap.

The African startup funding landscape appeared to deliver some very good news in August. Startups across the continent raised approximately $435 million in...

Odyssey Raises $74 Million to Expand Financing for Africa’s Distributed Energy Firms

Odyssey Energy Solutions has raised $74 million in equity and debt to expand its renewable energy financing platform in emerging markets, particularly in...

DCSPay, Kotani Pay Partner to Extend Stablecoin Payouts Into Six African Markets

DCSPay, operated by DCS Group, has partnered with Kotani Pay to enhance domestic payout and settlement capabilities across Africa by connecting global stablecoin...

Africa Jobs Fund Invests in Velocity to Expand Healthcare Jobs for African Nurses

The Africa Jobs Fund has invested in Velocity, a labour mobility startup helping qualified African nurses access higher-paying jobs in Germany. The investment...

ARC Ride Raises $33.3 Million to Scale Electric Mobility Across Africa

Kenyan electric mobility startup ARC Ride has raised $33.3 million in asset-backed debt and equity to expand its electric motorcycle fleet and battery-swapping...

Charikaty Raises €3 Million Valuation as It Expands Business Services

Moroccan legaltech startup Charikaty is expanding its services beyond company registration as it seeks to help businesses manage more stages of their growth....

Zeal Secures $10 Million to Expand Payment Technology Across Africa and Beyond

Egyptian financial technology startup Zeal has secured $10 million in new funding to expand its payment and point-of-sale technology across the Middle East,...

Four African Innovators Named to MIT Technology Review’s 2026 Innovators Under 35 List

MIT Technology Review released its 2026 Innovators Under 35 list on September 8, naming 35 young scientists and entrepreneurs from nine countries across...

Velents Expands Into Bahrain Through stc Partnership

Access to enterprise artificial intelligence is becoming increasingly important for businesses looking to improve how they operate. In Bahrain, Egyptian startup Velents is...

KclautX Launches Unified Digital Finance Platform in Nigeria

KclautX has launched a digital asset platform that brings cryptocurrency trading, gift card exchange and bill payments into one wallet, giving Nigerian users...

Africa’s EV Boom Is Growing. But Are We Building an Industry, or Just a Market?

Africa’s electric-mobility transition is beginning to accelerate. New trade data reported this week show that African imports of electric motorcycles and three-wheelers from...

Watu Secures $7 Million Facility to Expand Asset Financing Across Africa

Watu has secured $7 million in strategic debt financing to increase its capacity to finance mobility and connectivity assets across selected African markets....

Mastercard and Busha Partner to Simplify Digital Asset Transfers in Africa

Mastercard and pan-African digital asset exchange Busha have partnered to make cryptocurrency transfers simpler, safer and more accessible for users in Africa. The...

Grindstone Ventures Launches US$31.2 million Fund to Help African Businesses Scale

Grindstone Ventures has launched a R500 million (about US$31.2 million) venture fund aimed at helping high-growth African businesses secure the capital they need...

HelpMum Africa Wins the Grand Prize for AI for Social Impact at the Prix Ars Electronica

HelpMum Africa has won the Grand Prize for AI for Social Impact at the Prix Ars Electronica, strengthening recognition for Nigerian technology solutions...

Jacaranda FM Announces Top 10 Finalists for Her Perfect Pitch

Jacaranda FM has announced the 10 women entrepreneurs selected as finalists for the latest edition of Her Perfect Pitch, giving them an opportunity...

AfCFTA Has Opened the Door. But How Many African Enterprises Are Ready to Walk Through It?

For much of its young life, the African Continental Free Trade Area has been discussed through the language of governments and trade policy....

FIDO Secures $200,000 UNCDF Grant to Expand Digital Finance in Ghana

The United Nations Capital Development Fund (UNCDF) has committed $200,000 to help FIDO expand digital financial services for women and youth-led micro, small...

Mastercard and Flowcart Partner to Expand Digital Payments Across Africa

Mastercard and Flowcart have entered a strategic collaboration aimed at improving digital commerce and payment acceptance across Africa. The solution will allow consumers...