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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...
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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...
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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....
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...
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...
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...
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...
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...
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TransportUganda
Transforming African Supply Chains: Ridelink Joins Fuzé Portfolio
Digital Africa has announced a new investment in Ridelink Inc., a logistics...
LeadershipNigeria
Abiola’s MyQura Inspiring a New Generation of Women Business Leaders
Abiola Hakeemat Etti-Ayilara’s journey as the founder and CEO of MyQura exemplifies...
InnovationSouth Africa
Africa’s First UNU Hub Sparks a New Era of Climate Entrepreneurship
The United Nations University (UNU) officially launched its first-ever hub in Africa...
Blue EconomyInnovation
OceanHub Africa Launches $30,000 Interest-Free Fund to Accelerate Blue Economy Startups
As Africa steps into 2026, OceanHub Africa is making waves with its...
MoneyRwanda
3,000 Investors and Policymakers to Gather in Kigali for Inclusive FinTech Forum 2026
From March 10 to 12, 2026, the Inclusive FinTech Forum (IFF) will...
LeadershipZambia
Friday Chamfya: Building Scalable Youth Enterprises for a Sustainable Africa
In Zambia’s rapidly evolving entrepreneurial landscape, Friday Wisdom Chamfya stands out as...
LifestyleSouth Africa
KIM Retail International Announces Global Expansion, Launches KIM Clothing Line and Beauty Division
South African entrepreneur Keketso Ithabeleng Mokoena, Founder and Chief Executive Officer of...
AngolaBusiness
Africa Pushes for Fair Trade, Not Tariffs
African leaders have issued a unified and urgent call for a paradigm...
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InnovationSouth Africa
Africa’s Top Innovators Gear Up for 2025 South African Startup Awards
South Africa’s technology ecosystem is shifting into high gear as the 2025...
InnovationNigeria
Harnessing Artificial Intelligence to Transform Africa’s Economies: Opportunities and Pathways
At this year’s Goalkeepers event in Lagos, some of the world’s most...
InnovationTunisia
Oussema Toumi: The Innovator from Tunisia
For Oussema Toumi, entrepreneurship has never been about chasing trends. It’s about...
Real EstateZimbabwe
16-Year Property Veteran Brian Sango Wins Zimbabwe Achievers Global Honor
Brian Sango, a Senior International Property Investment Consultant with 16 years in...
BusinessNigeria
Infracredit and Beyond: Africa’s Innovative Solutions for Infrastructure Financing
In an era marked by rapid economic shifts and evolving global dynamics,...
InspirationUganda
Albert Ayiga’s NUNU Fund: A Business Model for Social Change
Albert Rwakimari Ayiga’s journey from a small village in Uganda to becoming...
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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...
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...
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...
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,...
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...
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...
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...
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...
Top Stories
Africa’s Business Heroes Selects 20 Entrepreneurs for 2026 Semi-Finals
Africa’s Business Heroes (ABH) has selected 20 entrepreneurs from 12 African countries for its 2026 Top 20, advancing them to the semi-final stage...
Moody’s Upgrades Benin to Ba3, Cites Fiscal Discipline
Moody’s has upgraded Benin’s sovereign credit rating one notch to Ba3 from B1, a move that lowers the country’s borrowing costs and strengthens...
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...
2026 Future 54: Women Leading Business, Innovation and Social Impact
Africa’s growth is being shaped by women building businesses, creating jobs, developing new technologies and addressing social challenges in their communities. The 2026...
US-Nigerian Fintech Cryptofy Digital Partners With ECC Nigeria to Access 29 European Countries
Cryptofy Digital, a Nigerian and U.S.-based blockchain and fintech company, has entered a partnership with the European Cultural Center Nigeria that the company...
Naran Raises $10 Million to Expand Vehicle Financing for Drivers in Emerging Markets
Naran, a mobility fintech focused on emerging markets, has raised $10 million in debt and equity financing from Landel to finance more vehicles...
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...
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...
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,...
Clea Launches Vendor Payments to Simplify International Trade for African Businesses
Nigeria-based fintech Clea has launched Vendor Payments, a new capability designed to make it easier for African businesses to pay international suppliers, auction...
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...
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...
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...
ClimateLaunchpad Kenya 2026 Names Top Three Cleantech Startups, Sets Path to Singapore Global Final
Three early-stage Kenyan cleantech startups a mushroom-based mosquito repellent, a biodegradable diaper maker and a water hyacinth packaging venture, have been named winners...
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...
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...
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...
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...
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...
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...
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...
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...
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...
GEEKS STORE Partners with iFLYTEK to Expand AI Technology in Egypt
GEEKS STORE has entered into an exclusive partnership with Chinese artificial intelligence company iFLYTEK to introduce its AI-powered products to the Egyptian market....
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...
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)....
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...
World Bank Group Invests $25 Million in Jumia to Expand Digital Commerce in Africa
The World Bank Group is investing US$25 million in Jumia Technologies AG to strengthen digital commerce infrastructure across Africa, with the investment expected...
AFC Leads US$2.5 Billion Investment in Dangote Refinery Expansion
Africa Finance Corporation (AFC) has led a group of strategic investors in a US$2.5 billion private placement by Dangote Petroleum Refinery and Petrochemicals...
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...
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...
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...
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...
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...
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...
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...
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,...
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...
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...
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...
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...
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....
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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,...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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....
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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,...
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...
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...
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...
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...
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...
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...
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...
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%,...
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...
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...
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),...
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...
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...
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...
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,...
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...
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...
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,...
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...
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...
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...
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...
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...
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....
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...
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...
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....
