- Applications are now open for the 2025 Llama Impact Accelerator Program, with a deadline of June 27, 2025. This regional initiative supports startups across Nigeria, Kenya, South Africa, and Senegal that are building impactful solutions using Llama. The program empowers participants to create…
- Explore how African startups can navigate export markets through compliance, partnerships, and digital tools for global success.
The post How African Startups Access Export Markets appeared first on Tech In Africa.
- CcHub and Mastercard Foundation Launch Third EdTech Fellowship Cohort 12 startups selected, including 6 led by women, receive up to $100,000 each Focus on offline, AI-driven, and scalable tools for inclusive education Co-Creation Hub (CcHub), in partnership with the Mastercard Foundation, has…
- Terrahaptix, a Nigerian autonomous systems startup, has beaten an Israeli company to secure a $1.2 million security contract. The five-year deal awarded by private security firm Nethawk Solutions will see Terrahaptix deploy AI-powered drones and sentry towers at two hydroelectric power plants in…
- Fincra, a payment infrastructure provider that serves remittance companies and businesses, has obtained a Third Party Payments Provider (TPPP) licence in South Africa, allowing the company to process key local payment methods including debit and credit card transactions, electronic funds transfers…
- Carrot Credit, a Nigerian fintech startup, has secured $4.2 million in seed funding to scale its alternative credit service that allows users to obtain loans by pledging their digital investments as collateral. The funding round was led by US-based MaC Venture Capital, with participation from…
- Ethiopia has officially launched Fayda Wallet, a digital wallet backed by the national biometric ID and designed to simplify access to financial and administrative services. The launch was presented during the ID4Africa 2025 conference, which concluded on Friday, May 23 in Addis Ababa. The…
- Mauritanian candidate Sidi Ould Tah was elected president of the African Development Bank on Thursday, securing a decisive victory over his Zambian opponent Samuel Munzele Maimbo in the third round of voting. Ould Tah succeeds Nigeria’s Akinwumi Adesina as the head of Africa’s leading financial…
- outh Africa’s communications regulator, the Independent Communications Authority of South Africa (ICASA), has issued a firm warning to citizens using Starlink’s satellite internet services without the necessary authorisation. The regulator stressed that using such unlicensed services is a violation…
- Swedfund, Sweden’s development finance institution, has invested $15 million in TLG Capital’s Africa Growth Impact Fund II (AGIF II) to bolster small and medium-sized enterprises (SMEs) across Africa. This contribution is part of a broader $75 million first close of the fund, including investments…
- According to CEO Charles Molapisi, MTN South Africa is set to phase out its 3G network by 2027 as it shifts focus towards advancing 4G and 5G technologies. In a recent interview, Molapisi highlighted that while 3G has played an essential role in mobile internet access, it is now deemed an…
- Equity Group, Kenya’s second-largest bank by assets, has terminated the employment of more than 1,200 staff in a sweeping internal purge aimed at curbing fraud, CEO James Mwangi revealed on Wednesday. This move marks one of the most significant anti-fraud crackdowns by a Kenyan financial…
- Explore the major challenges in cross-border mobile payments, from high fees to regulatory hurdles, and discover innovative solutions reshaping the landscape.
The post 5 Challenges in Cross-Border Mobile Payments and Solutions appeared first on Tech In Africa.
- Ethiopian startups face significant funding challenges stemming from regulatory barriers, economic instability, and gender disparities, hindering their growth.
The post Ethiopian Startup Funding: Challenges Explained appeared first on Tech In Africa.
- Kenya’s government has announced plans to reduce its ownership in Safaricom, the country’s largest telecom operator and a key pillar of its digital economy. This move forms part of a broader strategy to raise KSh149 billion ($1.16 billion) during the 2025/26 fiscal year through the sale of stakes…
- Disruptech Ventures, one of Egypt’s most active fintech-focused venture capital funds, is preparing to accelerate its impact in 2025 and 2026. The fund is doubling down on portfolio support, fresh investments, and an expanded emphasis on artificial intelligence (AI) alongside cross-sector…
- In a significant move to address the gender funding gap in emerging markets, Village Capital has partnered with Standard Chartered to invest $200,000 in three women-led startups across Africa and MENA. This initiative, part of Standard Chartered’s Futuremakers Women in Tech Financing Facility, aims…
- Launched May 16 by Benin’s tech hub Sèmè City (with World Bank backing), Next Impact is a new entrepreneurship support scheme aimed at ambitious Beninese aged 18–35. The initiative, part of the PF2E jobs project, offers selected youth entrepreneurs both grant funding and six months of intensive…
- ValU CEO Walid Hassouna calls the firm’s upcoming EGX debut “a significant milestone” that cements its role as a leading fintech player in the region. Indeed, U Consumer Finance S.A.E. (operating as ValU) won provisional approval to list on the Egyptian Exchange under ticker VALU.CA following an…
- SolarNow – once a poster child of Africa’s off-grid solar boom – has suddenly entered voluntary liquidation in Kenya. A May 2025 notice in the Kenya Gazette shows that SolarNow Services (K) Ltd (the Kenyan subsidiary) was put into a creditors’ voluntary liquidation by special resolution on 13 May…
- The Bank of Central African States (BEAC), central bank for the six CEMAC member countries—Cameroon, Congo, Gabon, Equatorial Guinea, Chad, and the Central African Republic—announced on May 27, 2025, a record liquidity injection of 420 billion CFA francs to commercial banks across the region. This…
- The African Development Bank’s (AfDB) 2025 economic outlook has spotlighted a staggering financial hemorrhage: Africa loses over $587 billion annually due to capital flight—money that could otherwise transform the continent’s infrastructure, social services, and economies. This crisis persists amid…
- Konexa, a prominent renewable energy developer and investor, is accelerating Nigeria’s clean energy growth with a landmark $80 million solar power project supported by the Seed Capital Assistance Facility (SCAF). Confirmed on May 26, 2025, this funding partnership underpins the development of a 50…
- The Dealroom Global Tech Ecosystem Index 2025 has thrust African cities such as Lagos, Nairobi, and Johannesburg into the global spotlight as rapidly emerging hubs of technological innovation. While headlines often focus on unicorn counts and skyrocketing valuations, the true story of Africa’s tech…
- Explore effective customer acquisition strategies tailored for African startups, addressing unique market challenges and leveraging local insights.
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- Achieving PCI DSS certification is crucial for African startups, ensuring payment data security and fostering growth in the fintech sector.
The post PCI DSS Certification in Africa: Key Steps appeared first on Tech In Africa.
- Explore how smart cities in Africa drive economic growth through job creation, efficient resource management, and technological innovation.
The post Smart Cities in Africa: Economic Benefits Explained appeared first on Tech In Africa.
- In a historic development for Egypt’s financial sector, Catalyst Partners Middle East finalized the nation’s first special purpose acquisition company (SPAC) merger by acquiring digital lending startup Qardy in a transaction worth EGP 1.16 billion (approximately $23.15 million). Announced this week…
- Foreign currency shortages and bureaucratic obstacles are driving Egyptian startups to move overseas, but Cairo is responding with a new incentive: tax-free zones aimed at helping tech companies grow. The government aims to keep entrepreneurs in the country and draw regional investors by offering…
- Lagos ranks as the world’s fastest-growing tech ecosystem in Dealroom.co’s Global Tech Ecosystem Index 2025. With a population of 21.3 million, the Nigerian city has recorded an 11.6-fold increase in startup enterprise value since 2017, despite persistent issues like unstable infrastructure and…
- Aruwa Capital Management, a female-led private equity firm in Lagos, has secured $35 million in the second close of its gender-focused fund, Aruwa Capital Fund II. The fund seeks to address the early-stage financing gap for women-led and gender-diverse enterprises in Nigeria and Ghana. The recent…
- Ghanaian retail technology firm Tendo Technologies has revealed its strategic acquisition of Shopa, another Ghana-based company, through a cash-and-stock agreement designed to transform supply chain infrastructure throughout Africa. Established in 2021, Tendo empowers individuals to start and…
- Kofa, a clean-tech startup based in Ghana, has secured $8 million via a special purpose vehicle (SPV) to scale its battery-swapping infrastructure, with the goal of boosting electric mobility and promoting clean energy adoption throughout West Africa. The round was led by impact investor PASH…
- Explore how technology transfer laws in Africa impact innovation and economic growth, highlighting challenges and solutions for startups.
The post Technology Transfer Laws in Africa: Key Insights appeared first on Tech In Africa.
- Explore the contrasting startup funding landscapes of Kenya and Nigeria, highlighting their unique strengths and challenges in the African tech ecosystem.
The post Kenya vs. Nigeria: Startup Funding Comparison appeared first on Tech In Africa.
- Explore Africa's thriving freelance tech landscape with the top platforms connecting skilled professionals to global opportunities.
The post Top 10 Freelance Tech Platforms in Africa appeared first on Tech In Africa.
- Kenya's startup ecosystem is shifting focus from fintech to climate-tech and agri-tech, achieving $638 million in funding in 2024.
The post Kenya Startup Funding Trends 2025 appeared first on Tech In Africa.
- Africa has launched its first continental space agency to enhance Earth observation and data sharing at a time when a more challenging global environment is restricting access to climate and weather information. The African Space Agency was inaugurated last month under the African Union’s umbrella…
- Airtel Africa has announced a strategic partnership with SpaceX to deliver Starlink’s high-speed satellite internet services to underserved and remote communities across its 14 African markets. This collaboration seeks to close the digital gap by providing reliable connectivity to regions that have…
- OpenAI has announced it will retain nonprofit oversight of its operations, reversing its earlier plan to convert its for-profit subsidiary into a public benefit corporation (PBC). This decision follows considerable public and legal scrutiny, including a lawsuit filed by co-founder Elon Musk, who…
- Thndr, a digital investment platform based in Cairo, has raised $15.7 million in a funding round led by Prosus Ventures, with contributions from Y Combinator, BECO Capital, Endeavor Catalyst, JIMCO, Raba, and Onsi Sawiris. This latest round brings Thndr’s total funding to $37.76 million. The…
- Telecom subscribers in Nigeria may soon face a 5% hike in charges for data and voice services if the Nigeria Tax Bill 2024 is enacted. The bill, which reintroduces a contentious 5% excise tax on telecom services, was passed by the Senate on May 8, 2025. Industry stakeholders have expressed concern…
- E-commerce leader Jumia has begun offering its logistics network to third-party businesses, including traders who operate exclusively on social media platforms—a group it once viewed as competition. This strategic shift is designed to lower fulfilment costs and broaden revenue streams, as the…
- Sand to Green, a Moroccan agrotechnology startup focused on transforming degraded land into fertile farmland, has secured a $50,000 grant at the DeepTech Summit 2025. This funding boost will support the company’s expansion plans across Africa, the Middle East, and Southern Europe. The award,…
- Airtel Africa intends to list its mobile money division, Airtel Money, in the first half of 2026, aiming to leverage the rising demand for digital payment services throughout the continent. Airtel confirmed the listing plan on Thursday, responding to the increasing investor interest in Africa’s…
- Jumia, Africa’s top e-commerce platform, anticipates generating sufficient revenue to cover its operating expenses by 2027. While this does not equate to net profitability, as taxes may still affect the bottom line, it marks a significant achievement for a publicly traded company that has…
- AI is revolutionizing coding education in Africa by enhancing accessibility, personalizing learning experiences, and addressing resource challenges.
The post How AI Improves Coding Education in Africa appeared first on Tech In Africa.
- Applications Now Open for the 10th K-Startup Grand Challenge 2025 South Korea’s Ministry of SMEs and Startups (MSS) has officially opened applications for the 10th K-Startup Grand Challenge (KSGC) 2025. The highly anticipated program offers African startups up to ₩950 million (US$633,000) in equity…
- PowerDMARC, a global leader in email and domain security solutions, announced its strategic partnership with Onetic Africa as a Value-Added Distributor at GISEC Global 2025, held in Dubai. This partnership is set to accelerate the adoption of email authentication across French-speaking African…
- Flutterwave, Africa’s leading payments technology company, was recently ranked as a top 100 cross-border payment company by FXC Intelligence for the second consecutive year. FXC Intelligence’s Top 100 Companies list, now in its sixth year, serves as a market map to highlight and celebrate the 100…
