- Africa’s tech ecosystem is booming—and one of the most exciting areas of transformation is the media and entertainment industry. From music and film to digital storytelling and content creation, African technology is redefining narratives, democratizing access, and fueling a new generation of…
- Cameroon’s telecom regulator has issued fines totaling approximately 2.6 billion CFA francs (around US $4.6 million) to MTN Cameroon and Orange Cameroun for repeated failures in service quality and regulatory compliance. Between April and May 2024, field inspections along key transport corridors…
- Cerebrium, a South African–founded AI infrastructure startup, has raised an $8.5 million seed funding round. The round was led by Gradient Ventures, Google’s AI-focused venture capital arm. Other investors participating include Y Combinator and Authentic Ventures, signaling strong support for…
- Cairo‑based venture studio Aria Ventures has unveiled a new investment fund totaling USD 1 million (EGP 50 million), dedicated to supporting early-stage deep‑technology startups in Egypt between 2025 and 2026. The studio plans to scale this commitment to USD 4 million (EGP 200 million) over the…
- Kenyan mobility startup BuuPass, a leading B2B2C platform for intercity travel across Africa, has secured strategic funding from Yango Ventures to fuel its continental expansion and deepen its position in the mobility ecosystem. Since launching in 2016, BuuPass has sold over 16 million tickets and…
- Ghana-based agritech company Complete Farmer has secured approximately €2.2 million (equivalent to around $2.5 million) from the European Union–funded AgriFI initiative, administered through the EDFI Management Company. The funding will support the construction of six rural fulfillment centers…
- Senegal‑based fintech startup Wave has secured a $137 million debt financing facility to accelerate the rollout of its mobile money platform across underserved communities in West and Central Africa. The debt deal was led by Rand Merchant Bank, alongside development finance partners including…
- Ghanaian fintech startup Liquify has raised $1.5 million in seed funding to revolutionize how small and medium-sized enterprises (SMEs) across Africa access trade finance. The round was led by pan-African venture capital firm Launch Africa Ventures, with participation from RaliCap, Future Africa,…
- Ecobank Group, one of Africa’s leading pan-African banking institutions, has entered a strategic partnership with global technology giant Google to drive financial inclusion, digital innovation, and business growth across the continent. The collaboration brings together Ecobank’s extensive banking…
- The African Women Innovation & Entrepreneurship Forum (AWIEF) has officially opened nominations for the 2025 AWIEF Awards, celebrating the continent’s most outstanding and inspiring women entrepreneurs and business leaders. The awards will be held as part of the 11th annual AWIEF Conference and…
- Algerian HR-tech startup Talenteo has announced the successful close of a six-figure funding round to expand its recruitment and talent development platform across North Africa and the wider MENA region. The round was backed by a mix of regional angel investors and early-stage venture firms,…
- Shoptreo, a Nigerian e-commerce startup digitizing informal artisanal supply chains, has secured seed funding from Rebel Seed Capital. Founded in 2021 by George Uteh (CEO) and Emmanuel Jacobs, Shoptreo operates from Aba, Nigeria, and the U.S., focusing on giving grassroots artisans especially…
- Fifteen high‑impact, AI‑focused startups from seven African nations have been selected for Google for Startups Accelerator: Africa Class 9, a rigorous three‑month hybrid acceleration program that runs from June 23 to August 22, 2025. These ventures were chosen from nearly 1,500 applications,…
- Nigerian on-demand delivery startup Chowdeck has acquired Nairobi‑born POS platform Mira, marking a bold expansion beyond logistics into full-stack technology services for restaurants, supermarkets, and pharmacies across Africa. The deal’s financial terms were not disclosed. Mira a one-year-old…
- Nigerian fintech startup Hizo has closed a $100,000 friends-and-family seed financing round. The funding will help scale its platform designed to simplify seamless intra‑Africa money transfers in local currencies, benefiting traders, businesses, and individuals across the continent. Hizo is…
- Nigerian HR‑tech startup PaidHR has officially closed a $1.8 million seed funding round, led by Accion Venture Lab and joined by returning investors Zrosk, Chui Ventures, and Zedcrest Capital. Founded in 2020 by Seye Bandele and Lekan Omotosho, PaidHR is on a mission to simplify payroll, HR,…
- Visa, in partnership with Absa, has officially opened applications for the 2025 She’s Next South Africa programme an initiative aimed at empowering women entrepreneurs with grant funding, mentorship, business training, and networking opportunities. Qualified women-led businesses can compete for a…
- Wetility, a Cape Town–based solar-as-a-service company, has secured ZAR 500 million (approximately US $27.8 million) in structured financing from Jaltech, a prominent clean energy and solar investment funder. The deal combines senior and equity capital, representing Jaltech’s strongest commitment…
- South African clean energy startup Open Access Energy (OAE) has successfully raised US$1.8 million in a seed funding round, positioning the company to expand its AI‑driven platform for electricity trading and decentralized energy operations. Founded around 2021, OAE develops EnergyPro, a flagship…
- Egypt‑based DisrupTech Ventures has made its first pan‑African investment by backing Nigerian agri‑fintech startup Winich Farms as part of its pre‑Series A funding round. Winich Farms, headquartered in Lagos, supports over 180,000 smallholder farmers who account for approximately 80% of Nigeria’s…
- Egyptian logistics and mobility startup Octane has announced a successful $5.2 million seed funding round aimed at transforming how fleet operators manage fuel payments across the Middle East and North Africa (MENA) region. The round was led by Raed Ventures, with participation from Global Founders…
- In the race for technological supremacy, one breakthrough is poised to redefine what’s possible in science, industry, and society: quantum computing. While still in its early stages, quantum computing has rapidly progressed from a theoretical concept to experimental reality, drawing massive…
- Africa’s financial landscape is undergoing a rapid transformation, driven by mobile money, fintech innovation, and the increasing adoption of digital platforms. However, challenges like financial exclusion, cross-border inefficiencies, fraud, and lack of transparency still hinder broader economic…
- Artificial Intelligence (AI) is no longer a futuristic concept reserved for Silicon Valley; it’s a present-day reality reshaping economies and industries across the African continent. From agriculture and healthcare to financial services and logistics, AI is unlocking new levels of efficiency,…
- Apple kicked off its annual Worldwide Developers Conference (WWDC) with a series of announcements highlighting significant advancements in software design and artificial intelligence. Apple introduced Apple Intelligence, a suite of AI features integrated across its devices. These include real-time…
- Zero Carbon Charge, a pioneering South African startup specializing in off-grid, solar-powered electric vehicle (EV) charging stations, has secured a R100 million (approximately US$5.6 million) equity investment from the Development Bank of Southern Africa (DBSA). The funding will facilitate the…
- Senegalese e-health startup KERA Health Platforms has raised US$10 million in funding from the International Finance Corporation (IFC), a member of the World Bank Group. This investment aims to bolster KERA’s AI-powered platform, which connects healthcare providers and patients while digitizing and…
- South African agri-tech startup Nile has successfully raised ZAR 200 million (approximately $11.3 million USD) in a funding round aimed at expanding its digital marketplace and enhancing access to financing for farmers across Southern Africa. Founded in 2021 by Louis de Kock, Eugene Roodt, and Rick…
- DHL Group has announced plans to invest approximately €500 million (US$575 million) over the next five years to enhance its healthcare and logistics infrastructure across Africa and the Middle East.This strategic investment aligns with DHL’s commitment to supporting the growing demand for…
- Qualcomm has announced the 10 startups selected for its 2025 ‘Make in Africa’ Startup Mentorship Program, part of the Qualcomm Africa Innovation Platform. This equity-free initiative, now in its third year, aims to support early-stage deep-tech startups applying advanced connectivity and processing…
- Nigerian clean energy startup Salpha Energy has secured a $1.3 million investment from All On, a Shell-backed impact investor, to scale its local solar assembly operations and broaden access to affordable, reliable solar power in underserved communities across Nigeria. Founded by Sandra Chukwudozie…
- Innovative Kenyan startups with high-impact business models are invited to apply for the ninth cohort of the develoPPP Ventures program. This initiative offers €100,000 (approximately $113,000 USD) in non-dilutive funding, along with tailored technical support, to help startups scale their…
- COREangels MEA, in collaboration with PTS Holdings and the Arab Academy for Science, Technology and Maritime Transport (AAST), has introduced a $10 million investment fund aimed at supporting early-stage technology startups across the Middle East and Africa (MEA). The fund focuses on startups that…
- Elon Musk’s neurotechnology company, Neuralink, has successfully raised $650 million in its Series E funding round. The investment will support the company’s efforts to expand patient access and develop new devices that enhance the connection between biological and artificial intelligence. The…
- MaxAB‑Wasoko, the leading pan‑African retail e‑commerce and supply‑chain super‑app, has announced the acquisition of Egypt‑based B2B marketplace Fatura from EFG Finance, marking a key milestone in its mission to unify and digitally empower informal retail across the continent. MaxAB‑Wasoko, formed…
- Sylndr, Egypt’s leading online used-car platform, has secured US $15.7 million in a Series A equity funding round, led by Development Partners International’s (DPI) Nclude Fund, with participation from Algebra Ventures, Nuwa Capital, Raed Ventures, Uncovered Fund, Beltone Venture Capital, Camel…
- AURA, the South African-born emergency-response technology platform, has secured a €13.5 million (US $15.1 million) Series B funding round to fuel its expansion into the U.S. and build a global dispatch “clearing house” for rapid life‑saving services . The funding round was led by Cathay…
- BURN, Africa’s leading clean cookstove manufacturer, distributor, and carbon project developer, has secured a US $5 million investment from ElectriFI—the EU-funded Electrification Financing Initiative managed by EDFI Management Company—to accelerate its electric cooking expansion across Kenya . The…
- The European Investment Bank’s development arm, EIB Global, has joined forces with Kenya’s Family Bank to mobilize a combined €100 million (approx. US $111 million) credit facility aimed at boosting small and medium-sized enterprises (SMEs), with a special focus on women-led and youth-owned…
- Egyptian B2B medtech platform i’SUPPLY has secured a US $3 million Sharia-compliant, revenue-based revolving financing facility provided by Bokra, a Cairo‑based fintech fund. This capital infusion will support the startup’s mission to modernize pharmaceutical distribution across Egypt. Founded in…
- MoneyFellows, a leading Egyptian fintech startup, has announced the successful closure of a $13 million pre-Series C funding round. The investment was led by Al Mada Ventures and Nclude Fund, with additional participation from Partech Africa and CommerzVentures. This latest funding brings the…
- OpenAI has announced that it will maintain nonprofit oversight of its operations, reversing a previous plan to transition its for-profit subsidiary into a public benefit corporation (PBC). This decision comes after significant public and legal scrutiny, including a lawsuit from co-founder Elon Musk…
- Skype, the pioneering voice and video calling platform that revolutionized digital communication, has officially shut down as of May 5, 2025. Microsoft, which acquired Skype in 2011 for $8.5 billion, announced the decision to retire the service in favor of its more modern collaboration tool,…
- Aruwa Capital Management, a female-founded private equity firm based in Lagos, has successfully raised $35 million in the second close of its gender-focused fund, Aruwa Capital Fund II. The fund aims to bridge the early-stage financing gap for women-led and gender-diverse businesses in Nigeria and…
- Airtel Africa has announced a strategic partnership with SpaceX to bring Starlink’s high-speed satellite internet services to underserved and remote communities across its 14 African markets. This collaboration aims to bridge the digital divide by providing reliable connectivity to areas…
- Investing in Innovation Africa (i3), a pan-African initiative dedicated to advancing healthcare access through technology, has announced the selection of seven growth-stage startups for its third cohort. These companies are pioneering innovations aimed at revolutionizing pharmacy services across…
- Ghanaian retail-tech startup Tendo Technologies has announced its strategic acquisition of fellow Ghanaian company Shopa in a cash-and-stock deal aimed at revolutionizing supply chain infrastructure across Africa. Founded in 2021, Tendo enables individuals to launch and grow online businesses…
- Ghanaian clean-tech startup Kofa has raised $8 million through a special purpose vehicle (SPV) to expand its battery-swapping network, aiming to accelerate the adoption of electric mobility and clean energy solutions across West Africa. The funding round is led by impact investor PASH Global, with…
- Kenyan e-health startup MYDAWA has raised $20 million in funding from London-based private equity firm Alta Semper Capital, marking its largest funding round to date. The investment aims to bolster MYDAWA’s expansion across East Africa and enhance its digital healthcare services. Founded in 2016,…
- The International Finance Corporation (IFC), a member of the World Bank Group, and TLG Capital, a pan-African alternative investment firm, have announced the first close of a $75 million fund aimed at enhancing access to capital for small and medium-sized enterprises (SMEs) across Africa. This…
