Business Description: New initiative launched by Wasoko founder Daniel Yu aiming to mobilise $100M toward labour mobility and export manufacturing jobs in Africa. Note: Wasoko itself is already in the MeOut database; this article is about the founder’s new, separate fund.
October 16, 2026
The companies describe Cameroon as a fragmented, wallet-based market where recipients have had few reliable ways to receive money. The new corridor is meant to close that gap.
October 16, 2026
The grant is meant to help Tivano advance its carbon dioxide removal (CDR) operations in Namibia.
October 16, 2026
Before joining the CBN, Cardoso spent 12 years as Chairman of Citibank Nigeria. He also served as Commissioner for Economic Planning and Budget in Lagos State.
October 16, 2026
MoneyHash is working to improve its payment system in Africa by partnering with local payment providers. This will help merchants access the tools they need for their specific markets more easily.
October 16, 2026
Solarise Africa will add $1.1 million of its own co-financing. Together, the two amounts make up a $2.3 million, 24-month programme
October 15, 2026
The investment supports GRIPS as it expands its commercial and industrial (C&I) solar and battery storage footprint across Sub-Saharan Africa.
October 15, 2026
The Mauritius company is the exclusive partner of Linde Material Handling in Nigeria, Tanzania, Kenya and South Africa.
October 15, 2026
This is IPO season in Africa, and here's everything you need to know about these IPOs.
October 15, 2026
MAX offers electric two-wheelers to commercial drivers on daily subscription plans, supported by solar-powered charging and battery-swapping stations.
October 15, 2026
Cascador has launched a new fund following their whitepaper, "The Multiplier Model," which discusses the challenges faced by African businesses in growing.
October 15, 2026
Google for Startups is a three-month hybrid programme that brings Google’s products, people and technology to tech startups in South Africa.
October 14, 2026
DCC distributes technology products and solutions to resellers across Southern Africa, from micro enterprises to large organisations.
October 14, 2026
The company hasn't revealed how this transaction impacts its funding. Kuunda mentioned that this deal allows investors to access cash before an IPO or acquisition.
October 14, 2026
The partners announced the fund at the Carbon Markets Africa Summit in Kigali. The fund plans to close its first $20 million in 2027.
October 13, 2026
The bank says the move supports its expansion plans by building trust among existing and new customers. The announcement comes as Egypt’s banking sector goes through a fast digital shift, driven by the Central Bank of Egypt.
October 13, 2026
It says local production would create local expertise, strengthen health systems and bring therapies closer to patients. The company describes itself as building Africa’s first end-to-end monoclonal antibody company.
October 13, 2026
OPay filed a registration statement with the US Securities and Exchange Commission and applied to list its American Depositary Shares on the New York Stock Exchange.
October 13, 2026
The vehicle is aimed at private investors such as pension funds, insurers and sovereign wealth funds that want long-term exposure to private credit.
October 12, 2026
Mukuru initially focused on international money transfers and later expanded its services to cover a wider range of financial needs.
October 12, 2026
The government says the launch delivers a commitment from the PPP/C’s 2025 manifesto and follows earlier announcements by President Dr Mohamed Irfaan Ali.
October 12, 2026
Everlectric now plans to grow its fleet, add more charging infrastructure, expand across South Africa and raise a larger funding facility.
October 9, 2026
Healthleap was founded in South Africa in 2022 by siblings Josiah and Jemima Meyer.
October 9, 2026
The game, Lagos Life, was launched on October 1 after Rayhamen began building it the night before.
Acquisitions, News, South Africa
October 9, 2026
The deal was paid for fully in shares and was done through a Kredete subsidiary set up to build stablecoin infrastructure. The price was not disclosed.
October 9, 2026
In Q3, several Kenyan companies attracted capital from pan-African funds, European development finance institutions and others in the form of debt, structured working-capital facilities and receivables-based financing, as founders look to scale without diluting equity in a market.
Acquisitions, News, South Africa
October 9, 2026
Co-founders Jonathan Womersley and Marcel van de Ghinste are leaving the business, along with other long-time shareholders.
October 8, 2026
Financial institutions and businesses will get a more direct way to move between onchain liquidity and the currencies and payment systems they use locally.
October 8, 2026
AfCRA is an independent, private-sector-led credit rating and credit-intelligence agency headquartered in Mauritius and serving markets worldwide.
October 8, 2026
In July 2026, M-KOPA announced that it has reached 10 million customers across its 5 African markets.
October 8, 2026
VPS will now focus on launching a Point-of-Sale (POS) service for in-person payments, while also continuing to invest in its e-commerce and SoftPOS products.
October 8, 2026
While informal agents can speed things up, they lack proper records and protection. Additionally, mobile money, used for most daily transactions in Kenya, cannot be used for cross-border payments.
October 8, 2026
The company says NVIDIA, Thinking Machines Lab, OpenAI, and Google have each released or previewed full-duplex models that listen and speak at once.
Funding, News, United Republic of Tanzania
October 7, 2026
The equity round completes the broader capital raise of approximately $40 million, including investment from existing shareholders, along with debt funding from the Schmidt Family Foundation.
October 7, 2026
The seven firms will work with Jubilee for eight weeks to co-create products. Joint pilots will start in Kenya in November 2026.
October 7, 2026
In its third year, the competition received more than 700 applications across two categories: FinTech for financial inclusion and sustainable agriculture and food systems.
October 6, 2026
The fund is backed entirely by South African institutional investors. These include pension funds, insurers, asset managers and banks.
October 6, 2026
The listing of MNT-Halan will be one of the largest such listings on Egypt’s stock exchange in years and will see the company sell a 20% stake.
October 6, 2026
The company said the name was the last thing to change and that this is not just a new identity placed on the same business.
Acquisitions, News, South Africa
October 6, 2026
The sale ends a 10-year investment during which MoreCorp's turnover tripled. The financial terms were not disclosed, and the deal still needs the usual regulatory approvals.
October 5, 2026
The fund is the first country-level demonstration linked to a continental financing platform under Mission 300, according to the International Solar Alliance.
October 5, 2026
The facility not only aims to boost trade finance activities in Kenya but also targets critical foreign currency gaps by channelling resources to small businesses in the country.
October 5, 2026
Under the partnership, the two organisations will connect local talent with opportunities to build and deploy AI tools that respond to Africa's priorities.
October 5, 2026
In Africa, Orb serves customers in manufacturing, agro-processing, healthcare and hospitality. Businesses can buy a system outright or use financing that lowers the upfront cost.
October 2, 2026
Founded in 2024, Satlyt is developing software that lets AI models run on satellites already in orbit, allowing multiple spacecraft to share large computing jobs.
October 1, 2026
The deal was announced on 25 September 2026 and the financial terms were not disclosed. Post acquisition, Atta's charting technology and analysis approach will now be part of Replit.
October 1, 2026
The debt will fund the construction and operation of the five mini-grids. The construction is also supported by the World Bank Group's DARES performance-based subsidy programme, which is facilitated by the Rural Electrification Agency of Nigeria.
October 1, 2026
CS Rwanda has already opened its first temperature-controlled packhouse in Kigali and launched cold-chain logistics services in the country.
October 1, 2026
Ororo Waste received the first tranche of the corporate note on 16 September 2026. Further tranches may be funded until 16 December.
October 1, 2026
African startups raised over $2 billion in funding by the end of September, with the potential to reach $3 billion by the end of the year if trends continue.
October 1, 2026
Under the deal, Afreximbank will provide the financing and guarantees Prometal SA needs to meet its working capital needs.
Funding, News, Zambia, Zimbabwe
September 30, 2026
The announcement marks the local launch of BII's new five-year strategy in Zambia. The funding is paired with technical assistance for local financial institutions.
September 30, 2026
The MFF is being launched with support from FMO and the UK Government's Foreign, Commonwealth and Development Office (FCDO) Nigeria.
September 30, 2026
The company plans to use the funds to strengthen its technology platform, operations and network of partner farmers. It will also expand its value-added activities, so that more of the harvested produce can be sold.
September 30, 2026
The deal was announced through Saviu's second-generation fund, Saviu II, and is the firm's first investment in Climate Tech.
September 29, 2026
The prize was announced at the Solve Challenge Finals in New York, held during the UN General Assembly and Climate Week. The award comes with $100k and a place in the 2026 Solver Class.
September 29, 2026
TrackView is a solar-powered sensor that monitors rail integrity and train positions. It has no copper cabling or batteries, two parts that make trackside equipment a common target for theft.
September 29, 2026
The deal marks Mercuria's entry into the region's power market and is described as one of the largest private capital commitments to Zambia's power sector.
September 29, 2026
Promethean Resources is a Nigerian mining company focused on exploring and processing various minerals, including tin, lithium, gold, lead-zinc, and rare earths.
September 28, 2026
The main message was that African companies need stronger financial infrastructure, more capital and closer ties between governments and the private sector if they are to grow globally.
September 28, 2026
The facility, denominated in naira, is structured as impact-linked debt, a financing instrument that ties the investor's returns to social and economic outcomes.
September 28, 2026
The programme runs through PCS PLC, a special purpose vehicle set up to raise money from eligible investors and pass it on to selected small and medium-sized enterprises.
September 28, 2026
The company aims to create sustainable livelihoods through an outgrower scheme that supports over 2,500 small-scale farmers.
September 25, 2026
Approved on 22nd September, the loan funds the third and final phase of the Economic Resilience and Green Recovery Support Programme (ERGRSP-III).
September 25, 2026
The programme rests on four components: natural resources management, community climate resilience, institutional capacity and knowledge, and coordination.
September 25, 2026
The programme is open to Pre-Seed to Pre-Series A startups that have a working MVP or market-ready product, address a clear industry challenge, show early market validation and have a strong, committed founding team.
September 25, 2026
The Kenswitch Card was unveiled on Monday at Digital Issuance Unlocked, a banking technology showcase held at Strathmore University in partnership with TAI FINTECH and Stanchion Payments.
September 24, 2026
The facility is meant to strengthen the financial capacity behind the Bond and support the transition to a more digital, integrated customs environment.
September 24, 2026
The move strengthens the company's governance as it scales its agency banking and fintech-infrastructure-as-a-service businesses across the region.
September 24, 2026
Founded in 2012, SunCulture designs, manufactures and finances solar-powered irrigation systems for smallholder farmers, and has sold more than 85,000 solar irrigation systems and pumps to date.
September 24, 2026
The investment supports Sun King's expansion in Zambia, a market with significant unmet demand, and is designed to unlock local-currency financing for its growth.
Acquisitions, News, South Africa
September 24, 2026
The deal gives Luno licensed rails to collect and pay out money across corridors linking developed and emerging markets, offered to enterprise clients as one settlement flow.
September 23, 2026
In this role, Daudu will lead LemFi's efforts to engage with regulatory and policy issues across West Africa, beginning with Nigeria.
September 23, 2026
Turaco raised a $2 million Seed round in 2020, followed by a $10 million Series A in 2022 that funded its entry into Nigeria.
September 23, 2026
Morounke joined Flutterwave in June 2025 as CFO for EMEA, overseeing operations across more than 30 countries. She brings over 24 years of experience in finance, strategy, and banking.
September 23, 2026
This support will enable EV.Tech to capitalise on the increasing demand for electric mobility in Côte d'Ivoire and the surrounding area.
September 22, 2026
Anees Health says it has already delivered more than 1,000 medical and care services and is now targeting an operational capacity of over 20,000 visits in 2027.
September 22, 2026
The flagship event is scheduled for 14–15 December 2026 at the Great Pyramids of Giza, and is expected to bring together more than 200 partners, startups, and VC firms from over 50 countries.
September 22, 2026
Designed specifically for prepaid networks in African markets, the platform emphasises transparency with published pricing and no hidden fees.
September 22, 2026
Since the acquisition, Kredete has opened Gravv to new businesses and developers beyond its existing customer base, inviting any bank, fintech, platform, or builder in emerging markets to build on it.
September 21, 2026
CDC Benin has joined the fund as an institutional investor, indicating that public financial institutions in the WAEMU region are showing more interest in private equity to support local businesses and create jobs.
September 21, 2026
Under the facility, Afreximbank will supply ATDC with trade-finance capacity to undertake and scale eligible trading and distribution deals across the continent.
September 21, 2026
The company has developed an integrated electric mobility platform that combines electric motorcycles with a large-scale battery-swapping network, aiming to lower the upfront cost and operational barriers of electric vehicle adoption.
September 21, 2026
Paymob runs a unified omnichannel payments gateway that gives merchants access to more than 60 payment methods.
September 18, 2026
Biochar Industrial Group is a climate tech startup that provides biochar as a service to agricultural processing facilities, converting waste such as nut shells and husks into soil-improving biochar while earning carbon removal credits.
Funding, News, United Republic of Tanzania
September 18, 2026
The goal is to boost productivity and help SMEs take part in regional and global value chains, while closing financing gaps that hold back export growth.
September 18, 2026
Founded in 2017 by Desmond Koney, Complete Farmer is an AgTech company building a connected agricultural ecosystem across Africa.
September 18, 2026
The announcement comes as Africa is pressing for a shift from climate commitments to real action as it prepares for COP31 in Antalya and hosts COP32 in Addis Ababa in 2027.
September 18, 2026
Aeon is focused on important industries in the Global South, starting with Nigeria. Their solutions are designed to address local security challenges and regulations.
September 18, 2026
Mike Ogbalu III, Chief Executive Officer of PAPSS, said its platform now operates in more than 30 African countries across all five regions of the continent.
September 17, 2026
Bekia will use the funding to grow its engineering team, take its first B2B product, Bekia Next, to market.
September 17, 2026
INERA has teamed up with a Kenyan agriculture firm that specializes in flowers, herbs, and horticulture to distribute and sell its products in Kenya.
September 17, 2026
The agreement was signed on Monday, 14 September, at the NYDA's head office in Sunninghill. NEF Chief Executive Officer Mziwabantu Dayimani and NYDA Chief Executive Officer Ndumiso Kubheka signed on behalf of their organisations.
September 17, 2026
The deal is backed by an EU-financed guarantee and forms part of the European Union's Global Gateway initiative for sustainable agriculture in Malawi.
September 16, 2026
The deal positions Bonisa AI for its next stage of growth as global demand for data-driven decision-making keeps rising.
September 16, 2026
The investment funds PeopleGateway's first corridor – training hospitality workers on Kenya's coast to work in Italian hotels and restaurants.
September 16, 2026
The capital, structured as a mezzanine facility, will support the development of isolated and interconnected mini-grid projects serving households, commercial and industrial customers in communities with limited or unreliable access to electricity.
September 16, 2026
Iris Fresh sources premium fruit and vegetables from farmers across South Africa and neighbouring countries, then exports them to international buyers.
September 15, 2026
The appointment falls under the International Youth Day 2026 National Youth Security, Peacebuilding and Empowerment Initiative.
September 15, 2026
The legal move strips its directors of executive control and hands management of the business to an appointed administrator.
September 15, 2026
Synapse Analytics is now headquartered in Abu Dhabi, UAE, and works with banks, FinTechs and telecom companies across the Middle East, Africa and Latin America.
September 14, 2026
The partnership will combine Yadea's global manufacturing and R&D expertise with Spiro's battery-swapping network across seven African countries.
September 14, 2026
The financing for Africell comes from the Trump administration as the US takes necessary steps to restrict the growth of China's Huawei in Africa.
September 11, 2026
The investment follows the recent entry of new private-sector investor Sanlam Alternative Investments, one of Africa's largest institutional investors, bringing the total third close of the fundraise to $21.5 million.
September 11, 2026
The platform also offers services like updating company information, registration addresses, accounting packages, trademark registration, and business dissolution
September 11, 2026
The new capital will fund working capital needs and support the continued growth of Watu's loan portfolio in several of its African markets, according to AHL.
September 11, 2026
In this wide-ranging interview with African-Startups.com, Ogonda discusses why he chose to keep the company lean, how he separates its commercial and nonprofit arms, what excites and worries him about Africa's wider startup ecosystem.
September 11, 2026
Investors can subscribe through Chapel Hill Denham’s subscription platform, with a minimum purchase of 10 shares at $0.40 per share, for a total investment of $4.00.
September 11, 2026
The founding Laraqui family will remain SNCE's key shareholder. The deal is still subject to customary regulatory approvals. No financial terms were disclosed.
September 10, 2026
HustleSasa started with a vision and has grown into a comprehensive system that supports live entertainment and sports in Africa, serving over 4,000 clients in six countries.
September 10, 2026
The new fund is targeting a first close of R150 million and plans to build a portfolio of 15 to 20 businesses, primarily in South Africa and selectively elsewhere on the continent.
September 10, 2026
The deal is aimed at helping Zamara deepen its digital capabilities, expand its regional footprint and cement its position as the leading financial services platform in Africa.
September 10, 2026
The FinTech company partners with acquirers, payment service providers, ISOs, and merchants to enhance the checkout experience and provide valuable information for managing their operations.
September 10, 2026
The facility improves Drive45's financial position as the need for mobility services increases nationwide, supported by a guarantee from Cascador in collaboration with Morgan Stanley.
September 9, 2026
The acquisition is part of Creditchek’s broader strategy to bring multiple components of the lending lifecycle onto a more connected infrastructure layer.
September 9, 2026
While the exact size of the investment was not disclosed, the investment will help Velocity expand its language training programme into Malawi and Zambia.
September 9, 2026
The new API version adds features including payment reversals, payment links, bulk payments, expanded Daraja payload support and improved webhooks.
September 9, 2026
The initiative aims to position Egypt as a regional hub for artificial intelligence and technology while strengthening the country's data hosting and processing capabilities.
September 8, 2026
The banking expansion comes as ZARU seeks to build infrastructure capable of meeting the requirements of institutional participants.
September 8, 2026
Capitalworks IV will invest primarily in high-potential local businesses, providing them with the capital and strategic support needed to accelerate their growth and long-term resilience.
September 8, 2026
Existing investors Musashi Seimitsu, a Japanese automotive supplier, and African impact investor Talanton also provided additional capital.
September 8, 2026
The rebrand and launch were marked at a ceremony in Nairobi attended by Kenyan and US government officials, including Principal Secretary John Kipchumba Tanui, US Assistant Secretary of State for African Affairs Frank Garcia, Special Envoy on Technology Philip
September 8, 2026
The program will support 12 teams in creating affordable EdTech solutions for learners and educators in Southern Africa, guiding them through stages from idea development to early market testing.
September 7, 2026
Founded in 2020 by Dickson Mujuni, the Ugandan company has grown from a milk aggregation business into an integrated dairy company.
September 7, 2026
The $4 million pilot facility is managed by Village Capital and backed by FMO, the Dutch Entrepreneurial Development Bank, and the Netherlands Enterprise Agency (RVO).
September 7, 2026
Jenzy addresses a persistent problem in African trade: roughly one in four B2B payments across the continent's $400 billion-plus trade market fails or stalls.
September 4, 2026
The partnership was established under DHL GoTrade, an initiative designed to help SMEs overcome barriers to cross-border commerce and participate more effectively in global markets.
September 4, 2026
Torque works with existing ERP, manufacturing execution systems (MES), supervisory control and data acquisition (SCADA) platforms and warehouse systems.
September 4, 2026
Meru users in Africa will now have the ability to get US and European virtual accounts, hold and move dollars globally, use Visa cards, earn yield, invest, and access financial services that traditionally depend on where you live.
September 4, 2026
The initiative will initially focus on Ethiopia, Kenya, Rwanda, Tanzania and Uganda, supporting up to 15 early-stage agricultural enterprises across production, agricultural inputs, aggregation and processing.
Funding, News, United Republic of Tanzania
September 4, 2026
Beyond grant capital, participating enterprises will receive business development support to strengthen operations, scale their businesses, build resilience, and improve readiness to access future financing.
September 3, 2026
He brings to the helm more than three decades of experience across infrastructure investment, project development, development finance, and private-sector growth spanning Africa, the Middle East, and Europe.
September 3, 2026
The programme will use AXIAN’s Mixx and Mvola digital financial services platforms to provide tailored financial products, digital lending, financial literacy and business development support.
September 3, 2026
Spoon Consulting focuses on AI-first digital transformation, helping enterprises integrate artificial intelligence into their existing technology platforms.
September 3, 2026
Its programmes cover software development, data science, artificial intelligence, machine learning, game development and cybersecurity.
September 3, 2026
The funding will support Instarc's growth in South Africa, where compliance obligations under the Financial Intelligence Centre Act (FICA) are among the most rigorous on the continent.
September 2, 2026
The deal marks Alan's first entry into Africa and a notable exit for Francophone Africa's HealthTech ecosystem. Deal terms were not disclosed.
September 2, 2026
The deal was formalised through a Shareholder Subscription Agreement signed on 1 September 2026, at the LEAP 2026 Global Technology exhibition in Riyadh, Saudi Arabia.
September 2, 2026
The appointment follows 11 years of building the business from an independent corporate finance advisory firm into an integrated platform focused on private capital.
September 2, 2026
ChipMango develops semiconductor engineering talent and delivers commercial chip design, verification, edge-AI, and intelligent hardware solutions.
September 2, 2026
The acquisition strengthens Abwaab's strategy of connecting offline and online education while expanding access to technology for teachers, learning centers and students across the region.
September 2, 2026
The planned investment was announced by the U.S. Embassy in Cameroon on August 27 during the inaugural U.S.-Cameroon Bilateral Economic and Commercial Dialogue in Douala.
September 1, 2026
Choudhuri brings more than two decades of automotive leadership across Africa, Asia, and Central and South America.
September 1, 2026
The capital is meant to help Irrisol strengthen its operations and expand its network of community water mini-grids beyond Western Uganda.
September 1, 2026
August 2026 carried that momentum forward, with deals spanning FinTech, mobility, AI, AgriTech, HealthTech, and clean energy. Here are the African startups that raised funding last month.
August 31, 2026
The investment will support the development and deployment of renewable energy infrastructure to provide reliable and affordable electricity to households, businesses, schools, health facilities, and other public institutions that currently lack dependable power access.
August 31, 2026
The acquisition will give ePointZero an immediate foothold in Africa's power generation market through a platform with 752 MW of operational capacity and a development pipeline exceeding 1.5 GW.
August 31, 2026
Rather than helping founders build businesses from the ground up, Unmarkets co-creates ventures with established agricultural firms that already have production facilities, brands, supplier relationships and customers.
August 31, 2026
The firm is targeting a final close of $34 million (R550 million) and will invest in post-revenue South African technology businesses that use technology to widen access to digital and financial services.
August 28, 2026
Afrikrea has a new structure where it will serve as a consumer marketplace. At the same time, ANKA Pay and ANKA Ship will focus on business-to-business software.
August 28, 2026
Both the organisations see the partnership as a way to reinforce Kenya's standing as a leading private capital hub in East Africa.
August 28, 2026
The deployment will deliver 7.2 exaflops of performance, powered by more than 50 NVIDIA B300 HGX GPU servers containing over 400 GPUs supplied by Taiwanese OEM Giga Computing, a GIGABYTE Group company.
August 28, 2026
The investment will increase access to debt financing for businesses working in green buildings, clean cooking, clean transport, and industrial energy efficiency.
August 27, 2026
Tyms has built an integration that plugs directly into SIGMA, the platform Seedstars uses to support the programmes it runs for founders in emerging markets.
Acquisitions, News, South Africa
August 27, 2026
CyberIAM will form a new strategic services practice within Integrity360, sitting alongside the group's seven existing practices.
August 27, 2026
The deal combines BasiGo's Pay-As-You-Drive model with NCBA's asset financing to make it easier for transport operators to switch from diesel to electric.
August 27, 2026
The funding will take the vaccine through preclinical development and into a Phase 1 clinical trial in Africa to assess safety and immunogenicity.
August 26, 2026
The transaction marks ThriveAgric’s first entry into Nigeria’s debt capital markets and gives the company a new source of funding to support its expansion and working capital needs.
August 26, 2026
The fund reached its final close three years after Ventures Platform closed its first institutional fund, despite a more cautious global venture capital market.
August 26, 2026
Instead of continuing to invest in the UK remittance business, the company plans to direct more of its technology, capital and operational resources toward markets where it already has a stronger presence, particularly Nigeria and Kenya.
August 25, 2026
It will give Nigerian pension funds, insurance companies, asset managers and other institutional investors access to a diversified portfolio of commercially viable infrastructure projects.
August 25, 2026
Through Verascient, the founders want to organise the consolidated data by developing customised workflows and AI agents designed to operate inside clients' day-to-day operations.
August 25, 2026
Vyntra’s offering has expanded from IT log monitoring and behavioural fraud analytics to a wider range of fraud prevention, AML monitoring and payment operations capabilities.
August 25, 2026
Managed by Edge Growth Ventures, it focuses on impact investing and will offer catalytic debt and hybrid capital to growing businesses that have validated their models but may struggle to get conventional bank loans.
August 24, 2026
It will provide growth capital to high-potential small and medium-sized businesses and help them expand into larger regional companies.
August 24, 2026
The transaction milestone comes as the two-year-old firm scales across dozens of countries.
August 24, 2026
The move follows a visit to Canada in April 2026 by Bank Group president Sidi Ould Tah, during which the Canadian government announced a series of commitments totalling more than $457 million (CAD 633 million).
Africa, Côte d'Ivoire, Ghana, News, Nigeria
August 21, 2026
Each startup may receive up to $150k in XLM development funding, plus access to perks worth over $200k, mentorship from more than 50 industry experts, and investor introductions.
August 21, 2026
CIB, which has operated in Egypt for more than 50 years, said the preliminary licence for yomo starts a broader effort to reshape the future of banking in Egypt through "innovation, trust and technology."
August 21, 2026
This initiative aims to provide financial benefits to all full-time employees, regardless of their roles within the organisation.
August 21, 2026
The vehicle is now fully operational and led by Christine Mwangi, who has been with AgDevCo's East Africa team in Nairobi for six years.
August 20, 2026
Previously, MacWilliams worked at SpaceX as Director of Starlink Market Access, where he launched the service in over 20 African countries and collaborated with government officials.
August 20, 2026
The company says it began building the network six months ago and already covers more than a million households in Gauteng.
August 20, 2026
The initiative directly supports the 3MTT programme's mission to build Nigeria’s technical talent backbone, powering the local digital economy while positioning the nation as a net exporter of tech talent.
August 20, 2026
The company now operates across seven African markets, including Malawi, Zambia, Uganda, Rwanda, Madagascar, the Democratic Republic of Congo, and Nigeria.
August 19, 2026
The partnership centres on the AfriLabs Connect Deal Room (ACDR), a platform designed to facilitate structured deal sourcing and investment readiness.
August 19, 2026
Following the deal, KingHost is now wholly owned by Adedeji Innovations Ltd, the parent company behind NairaHost.
August 19, 2026
Founded in 2006, Genser Energy is a privately owned integrated energy solutions and infrastructure company focused on industrial growth and energy security across West Africa.
August 19, 2026
The ACO3 Fund is the third in Ninety One's Emerging Market Senior Credit series, continuing their experience in private credit investments in Africa and other emerging markets.
August 18, 2026
The admission means Blockchain.com has been approved by the SEC to operate in a limited capacity while the agency reviews digital asset business models and works on long-term regulations.
August 18, 2026
The round was led by Stack Directory LLC, a Dubai-based internet investment firm, with participation from other strategic angel investors.
August 18, 2026
The relationship strengthens the banking infrastructure behind Afriex's B2B Payments API, enabling faster settlement, expanded regulatory coverage, and Global USD Account access.
August 18, 2026
Jem now serves more than 250,000 employees across over 200 companies, including Servest, KFC, Meridian, The Capital, Edgars, and Illovo.
August 17, 2026
RMBV North Africa Fund III will invest in mid-market growth companies across sectors including consumer goods and services, healthcare, education, and financial services.
August 17, 2026
The exit is the Saudi VC's sixth, following earlier exits from Tamara, POSRocket, Fatura, Melltoo, and Qawafel.
August 17, 2026
The deal is funded by A.P. Moller Capital's Emerging Markets Infrastructure Fund II and its APM Capital Morocco Fund, which together will acquire the controlling stake in Globex.
August 17, 2026
According to the company, the London office will give "direct access to key institutions that impact global defence and infrastructure markets, as well as top operations and AI talent."
August 14, 2026
Dimeji Sofowora, who co-founded the company with Olubusi and Tito Ovia and has been its Chief Financial Officer from the start, assumes the role of CEO. Ovia left the company in 2022.
August 14, 2026
The Zycus platform will streamline the procurement process by replacing email and disconnected tools with one unified system.
August 14, 2026
Through the partnership, Flutterwave customers can now receive USD through ACH, Fedwire, RTP, SWIFT, and other local payment methods, hold balances in their own name, and move funds between currencies.
August 14, 2026
Between 2013 and mid-2023, DeepTech startups in Africa raised around $3 billion across 360 deals, making up 15% of total continental startup funding.
August 13, 2026
Silverbacks first invested in Moove during its A1 round and has followed on in subsequent rounds, including the recently closed $250 million Series C.
August 13, 2026
It is structured as a tokenised security using Distributed Ledger Technology, with ownership recorded on a regulated digital register and settlement taking place through SIX Digital Exchange.
August 13, 2026
In addition to expanding the digital commerce infrastructure across Africa, the investment will also support Jumia's next phase of growth across its core African markets, strengthening its integrated marketplace and logistics network.
August 13, 2026
By 2030, Naran aims to operate across 10 countries, create 30,000 income opportunities, and deploy fleets of 10,000 cars and 20,000 motorcycles
August 12, 2026
The company plans to raise funds through a Series A investment to support its growth across Africa.
August 12, 2026
The signing took place at the 2026 Infra for Africa Forum, hosted by the Government of Tanzania at the Julius Nyerere International Convention Centre.
Acquisitions, News, South Africa
August 12, 2026
The acquisition strengthens Ahrens' growing international water infrastructure portfolio, which already includes Pioneer Water Tanks, Southern Cross Water, and Altanks.
August 11, 2026
The investment will fund new mobile network operator agreements, increase messaging volumes, and strengthen the digital infrastructure supporting financial services, e-commerce, and other platforms across the continent.
August 11, 2026
Under the terms of the agreement, proceeds from the facility are to be deployed by the Chadian government toward trade-enabling infrastructure projects that have been approved under the country's 2026 Finance Law.
August 11, 2026
During the first six months of 2026 alone, transactions reached nearly $397k (EGP 20 million) through the first digital B2B marketplace, claims the company.
August 11, 2026
The platform is designed to serve governments, ministries, educational institutions, and large enterprises across Egypt and the wider MENA region.
August 10, 2026
Tennsa is an AI software development company building Tennsa OS, which is an always-on intelligence layer for the operations of growing businesses.
August 10, 2026
The tie-up brings together LEAP Africa's work developing young women leaders through its Leadership Accelerator Programme with Digital African Woman's decade of building entrepreneurial ecosystems for African women.
August 10, 2026
The partnership is part of a broader blended finance structure that allows the vehicle to offer financing on terms better suited to agricultural businesses operating with seasonal revenues, climate exposure, and long production cycles.
August 10, 2026
The programme will also train and certify 100 AI trainers to deliver the curriculum across communities in the city.
August 7, 2026
The round pushes Yellow Card's total equity financing past $120 million and will use the funding to scale Global USD Accounts while expanding the stablecoin payment rails linking it to markets worldwide.
August 7, 2026
SA-H2 uses a blended finance structure that deploys public capital strategically to balance risk, making it possible for institutional investors to participate in projects they might otherwise consider too early-stage or risky.
August 7, 2026
The loan is part of a $115.2 million (€100 million) syndicated facility led by Citibank with participation from KEXIM Global Singapore.
August 7, 2026
The latest close follows the fund's first close at $30.5 million in May 2026, which was completed in under 12 months.
August 6, 2026
Each Taara link delivers up to 20 Gbps of capacity over distances of up to 20 kilometres using narrow, invisible beams of light transmitted through the air.
August 6, 2026
According to Gagan Gupta, Rwanda's overall motorcycle sales grew 28% last year, largely driven by electric motorcycle sales, which recorded 700 per cent growth in a single year.
August 6, 2026
Balad's founder and CEO, Adham Azzam, will continue to lead the company, with EFG Finance providing institutional capacity and access to its broader financial services ecosystem.
August 6, 2026
In this interview, Nyakarundi discusses his journey back to Africa, why the US startup model doesn't work on the continent, and the transformative opportunity in green industries and distributed digital infrastructure.
August 6, 2026
The 4G Capital deal is part of IFC's first batch of CFLG transactions in Africa, alongside Equity Bank Kenya and KCB Bank Kenya.
Funding, News, United Republic of Tanzania
August 5, 2026
Africa Health Ventures, which focuses on early-stage health startups across the continent, said it will work with the Dawa Mkononi team to accelerate growth in the coming years.
August 5, 2026
Launched in June 2025, Xara turns WhatsApp into a personal banker for Nigerians.
August 5, 2026
The announcement comes two months after the announcement of Builder MCP, a way to build workflows directly from an AI chat.
August 5, 2026
By the end of the year, Moove plans to increase its workforce for autonomous vehicles from about 150 to around 500, which is a 220% growth.
August 4, 2026
The project aims to give journalists working in community media the knowledge and skills to cover cybersecurity topics accurately, while also strengthening public awareness and promoting responsible digital behaviour across Ghana.
August 4, 2026
The investment is part of a broader effort by African and global development finance institutions (DFIs) to close Africa's infrastructure financing gap.
August 4, 2026
Moment offers merchants one platform to collect payments from various methods, allowing customers to pay their way.
August 4, 2026
The financing will enable Coris Holding to support projects across the food, energy, and agricultural value chains through its banking network.
August 3, 2026
The deal will see Payaza provide the payment infrastructure underpinning Lebara's payment ecosystem as the telecoms brand expands its footprint in Nigeria.
August 3, 2026
Under the partnership, students will get hands-on training in designing, assembling, testing and flying drones as part of their academic coursework.
August 3, 2026
The company says it has grown dollar-denominated revenue by more than 10x over the past two years while reaching profitability.
August 3, 2026
The funding will help Aflabox speed up its shift from testing technology to developing and selling its products. It will also help the company to finalise its device certification, expand its presence in Kenya, Nigeria and Italy.
July 31, 2026
The package is designed to strengthen CBZ Bank's capacity to provide financing products to companies across Zimbabwe.
July 31, 2026
In H1 2026, African startups raised $1.44 billion through 146 deals, slightly more than the $1.42 billion raised in the same period of 2025, but with fewer overall deals (252 last year).
July 31, 2026
Central to the New Cairo campus is Konecta's first global Centre of Excellence (CoE) for AI, the first such facility across the entire Konecta Group, positioning Egyptian talent at the centre of the company's worldwide AI strategy.
July 30, 2026
The initial phase focuses on cross-chain stablecoin transfers and treasury and settlement workflows, with plans to expand into broader cross-border payment and liquidity solutions.
July 30, 2026
By 2030, the partnership targets more than 275,000 trees planted and over 100 new jobs created.
July 30, 2026
The startup adds that the decision to wind down operations came down to timing rather than a single fatal flaw.
July 29, 2026
Unlike a conventional pitch competition, the Create-thon requires participants to build and submit working prototypes or completed creative projects during an intensive four-day creation sprint from 20 to 24 August 2026.
July 29, 2026
“Brand” is not just a visual identity. These decisions: who your audience is, what matters to them, and how to differentiate from your competitors - are the positioning inputs that form the foundation for a strong brand.
July 29, 2026
The companies said the partnership deepens and strengthens S&P Global Ratings' presence in Africa's domestic credit markets.
Funding, Kenya, News, Rwanda, United Republic of Tanzania
July 29, 2026
The programme aims to support young companies working to improve living conditions in developing or emerging countries and looking to grow.
July 29, 2026
Under the framework, 35% of the facility will be directed towards women- and youth-led enterprises. Around 30% will finance eligible green investments, enabling businesses to adopt climate-smart technologies and sustainable business practices.
July 28, 2026
The offering was 44 times oversubscribed, attracting demand from both Moroccan and international investors. The listing is one of the largest on the Casablanca Stock Exchange in recent years.
July 28, 2026
The integration gives customers an additional digital payment option for managing recurring financial commitments.
July 28, 2026
The factory was inaugurated by Egypt's Minister of Finance, Dr Ahmed Kouchouk, along with investors, international partners, diplomats and senior government officials.
July 28, 2026
The proceeds will fund the expansion of the company's fibre infrastructure to meet Nigeria's growing demand for digital connectivity.
July 27, 2026
Leatherback will continue to operate as an independent subsidiary within the Zedcrest Group, retaining its brand, current management team, and existing customer accounts.
Acquisitions, News, South Africa
July 27, 2026
The announcement follows Healthbridge’s acquisition of Nora, an AI medical scribe that helps doctors save up to three hours a day by automating clinical paperwork.
July 27, 2026
The financing forms part of a broader expansion programme that will raise Biovac's total annual manufacturing capacity to as much as 500 million doses.
July 27, 2026
Fincart will use the new funding to develop its AI platform, grow its team, build strategic partnerships, and expand into MENA and African markets.
Africa, Funding, Morocco, News
July 24, 2026
The project will establish the first integrated battery manufacturing plant in Africa and the Middle East and North Africa region.
July 24, 2026
What the data shows is more money, fewer bets. Rather than spreading smaller investments across the ecosystem, investors are doubling down on companies they already believe in.
July 24, 2026
The initiative will also prepare them to attract diverse forms of funding, ranging from angel investment and venture capital to donor grants and impact funds.
July 24, 2026
They offer a variety of bikes, including the locally made Roam Air, as well as the Ampersand Turaco and Spiro models that come with battery-swapping technology.
Acquisitions, Africa, News, Technology
July 24, 2026
The acquisition extends Native's footprint from Latin America into Africa, marking the next step in the company's plan to serve the world's largest offline consumer markets.
July 23, 2026
The report comes a few weeks after Spiro secured an additional $55 million investment from NewTrails Capital, bringing its latest funding round to a close at $270 million.
July 23, 2026
By joining Oxano Capital, Sevi will be able to widen access to working capital for micro and small businesses across the country.
July 23, 2026
Fuse360 includes AI-powered credit intelligence that analyses payment behaviour, outstanding exposure, and historical payment patterns to help wholesalers make more informed decisions before extending trade credit.
Acquisitions, News, South Africa
July 23, 2026
The deal adds over 1,000 bookable nature lodges to Glampings.com's existing collection of more than 4,500 accommodations across 18 European countries.
July 22, 2026
The carbon credits generated by the project will be sold to Switzerland's KliK Foundation under a Mitigation Outcomes Purchase Agreement, implemented pursuant to the Article 6.2 bilateral agreement between Zambia and Switzerland.
July 22, 2026
The partnership delivers near-instant value transfers between markets at a fraction of traditional costs, without changing anything about how customers experience the LemFi app.
July 22, 2026
The latest round completes the facility's initial portfolio in Ghana, spanning SME enablement, agriculture, manufacturing, healthcare and logistics.
July 22, 2026
BTF invests across the full stack of digitisation in southern Africa, from foundational infrastructure and payment rails through to the software application layer that transforms how businesses operate day to day.
July 21, 2026
The new backing marks the startup's latest milestone as it works to build out a full finance operating system for entrepreneurs across the continent.
July 21, 2026
The transaction also marks the exit of previous investors Misr Capital and Bank Misr and gives Elevate Capital sole control of the company.
July 21, 2026
The deal marks the latest step in CFAO Healthcare's strategy to build an integrated pharmaceutical distribution network across southern Africa, following its launch of operations in South Africa in 2024.
July 21, 2026
The first charging station under the partnership is now operational at the Rubis service station in Sabaki, Athi River, with three additional sites in Meru, Nanyuki, and Nyeri scheduled to go live later this month.
July 21, 2026
The collaboration helps companies access globally connected stablecoin liquidity for faster cross-border payments, more efficient treasury management, and quicker settlement of international transactions.
July 20, 2026
It features a 2 MVA UPS test platform and a 400kW cooling systems test centre, which MPT describes as the most comprehensive of its kind on the continent.
July 20, 2026
Led by Basil Fateen from NVIDIA, the launch event highlighted trends in the industry, strategies for scaling using NVIDIA technology, and key factors that investors consider when evaluating early-stage AI startups.
July 20, 2026
The funding comes just months after the startup secured a $500k equity investment from Global Innovation Fund in April.
July 20, 2026
Stakpak was founded in 2023 by George Fahmy with the goal of creating "self-driving infrastructure" using AI to automate software deployment and infrastructure management.
July 17, 2026
ARAF is an impact fund managed by Acumen Capital Partners, a wholly owned subsidiary of Acumen, that backs fast-growing food and agribusinesses whose models help African smallholder farmers adapt to a changing climate.
July 17, 2026
This selection is part of its inaugural Renew Venture Lab: EmFi Series, a programme focused on embedded finance opportunities targeting small and medium-sized enterprises (SMEs).
July 17, 2026
The Creation Yield Fund is among the first in the country to combine privately originated debt investments within a regulated, exchange-listed note structure.
July 16, 2026
The move follows a sixfold jump in contracted power capacity during the first half of 2026 compared with the same period last year.
July 16, 2026
Lorax Capital Partners led the round, marking its continued backing of the company since first investing in 2022.
July 15, 2026
Flowt aims to grow its loan book up to $1 million by the end of 2026 and is seeking capital to achieve this target.
July 15, 2026
Cue already powers customer conversations for more than 500 companies across the UK and South Africa, spanning the automotive, retail, insurance, finance and education sectors.
July 14, 2026
The financing was extended through Sahel Capital's Social Enterprise Fund for Agriculture in Africa (SEFAA).
July 14, 2026
The latest raise brings its total funding to date to nearly $12 million since launching in 2023, making it one of Morocco's better-funded consumer technology startups.
July 10, 2026
The pre-Seed round was backed by a network of venture capital investors from Europe and the UK.
July 10, 2026
The investment will strengthen the lender's capital base and enable it to expand financing for micro, small and medium-sized enterprises (MSMEs) across the country.
July 9, 2026
Better Auth's TypeScript authentication library has amassed more than 4.7 million weekly downloads on npm and draws contributions from over 850 developers.
July 9, 2026
The new capital will go toward three priorities: expanding Wamly's AI capabilities across the hiring workflow, growing the team, and entering new international markets.
July 8, 2026
The funding will enable the company to increase its lending capacity, helping thousands more South African businesses gain faster access to working capital.
July 8, 2026
The award, run by the Bayer Foundation in partnership with the Impact Hub Network, saw 1,172 applications from Africa and the Middle East, Asia Pacific and Latin America.
July 7, 2026
The latest investment from Circle Ventures will support Flutterwave's efforts to integrate USDC settlement directly into its existing payment infrastructure.
July 7, 2026
A consortium of institutional limited partners initiated the management change, according to Sango.
July 6, 2026
The partnership pairs Techstars' international founder network spanning more than 11,000 entrepreneurs with Emirates NBD's existing analytics infrastructure, which the bank says already runs over 50 active AI use cases.
July 6, 2026
The acquisition from Capitalworks marks its latest investment in the continent's financial services sector as demand for insurance products continues to grow.
July 3, 2026
The acquisition follows the company's decision in April to establish London as its global headquarters.
July 3, 2026
The second close attracted a mix of development finance institutions, foundations, venture investors and private investors.
July 2, 2026
Founded in 2023 by Mark Machiri Kihara and Andrew Kibe, Lemonade Payments set out to address what its founders identified as a persistent trust problem in African digital payments.
July 2, 2026
AGIF II's lending model, known as BOMA (Bank Originated & Mitigated Assets), sees TLG originate loans to African SMEs in partnership with local banks.
July 1, 2026
The capital will be used to acquire solar photovoltaic (Solar PV) sites and grow the company's long-term power purchase agreement (PPA) portfolio as it scales its integrated solar, storage and energy solutions across South Africa.
July 1, 2026
The Seed funding comes as the company looks to scale its AI-driven, video-first platform for experts and professionals worldwide.
June 30, 2026
The park, known as Luanda Tech, was inaugurated as part of the broader Science and Technology Development Project (STDP), a partnership between the Angolan government and the African Development Bank.
June 30, 2026
The investment round allows the Moudarres family, who founded and lead HTDS, along with the company's management team, to increase their stake in the business as part of what is described as the group's second leveraged buyout.
June 29, 2026
The investment will finance the continued construction of projects and technology expanding energy access on the continent.
June 29, 2026
The financing will support the company's drive-to-own vehicle financing programme while accelerating the rollout of its electric vehicle fleet and battery-swapping network.
June 26, 2026
The winners were announced during an event at the London Science Museum, co-hosted with TED as part of London Climate Action Week 2026.
June 26, 2026
The EU–Africa partnership is not a development story in the old sense of that word. It is not about aid or philanthropy. It is about two regions with complementary strengths, complementary needs, and a shared interest in building an equitable and technologically advanced future.
June 25, 2026
The funding will also support the company's expansion into Nigeria and the Democratic Republic of Congo (DRC), while strengthening its existing operations in Madagascar and Mali.
