- As of mid-2025, 38% of Rwanda’s population is now online, aligning with Africa’s average internet penetration rate, according to new data from the International Telecommunication Union (ITU). This marks a rise from 34% in 2024 and serves as a key milestone in the country’s push to achieve universal…
- Between January and May 2025, African startups secured a total of $1 billion in funding — a 40% rise from the same timeframe in 2024. Startup funding in Africa started strong in January 2025 with $289 million raised. However, the pace slowed in the subsequent months, dropping to $119 million in…
- As leaders, we can’t stop thinking about KPIs, balance sheets, and performance measures. But how often do we look at something far more basic, like our health and the health of our teams, with the same amount of detail? We push ourselves to work at full capacity, even when we have to go to a […]…
- GOODsoil VC, an early-stage venture capital firm based in Ghana, has officially completed the full deployment of its flagship $67.5 million fund, marking the conclusion of one of Ghana’s most prominent VC operations. The firm has confirmed that it will not be raising a follow-up fund, signaling the…
- Across the turquoise expanse of the Atlantic, beyond the maze of Lagos traffic and the hum of its concrete sprawl, a new silhouette emerges on the eastern edge of the city. It is not simply another tower or block of flats. It is a new kind of city—virtual, experimental, and ambitious. Nestled…
- Lagos, Nigeria, despite being home to five tech unicorns and ranking as Africa’s leading startup ecosystem, remains one of the lowest-paying hubs for software developers globally, even within Africa. A recent report from Startup Genome has shed light on the stark wage disparities that tech workers…
- Silverbacks Holdings, a leading private investment firm focused on Africa, has recorded its ninth successful exit through a partial sale of its stake in OmniRetail, a top Nigerian B2B e-commerce startup. The deal delivered a fivefold return on its original investment, reinforcing Silverbacks’…
- South African agri-tech startup Nile has raised $11.3 million to boost its expansion across Southern Africa. The funding marks a major milestone for the company, which is fast emerging as a central digital force in the region’s agricultural sector. Since its founding in 2021, Nile has used…
- On May 25, 2025, Madagascar officially inked a landmark $90 million agreement with Israeli agritech company LR Group Ltd, signaling a major step toward modernizing the country’s agricultural sector. The deal, signed in Tel Aviv by Madagascar’s Secretary of State for the Presidency in charge of food…
- Moustapha Cissé perceives artificial intelligence not as an impending danger, but as an instrument to elevate Africa. This pioneering AI researcher has dedicated years to demonstrating how technology can tackle the continent’s distinct issues such as deficiencies in healthcare, agricultural…
- When considering the global blockchain revolution, most people envision Silicon Valley, Asia’s prominent crypto centers, or even El Salvador’s Bitcoin venture. Not many would typically think of Nigeria, which is a considerable oversight, as this country is swiftly becoming a leading force in the…
- Kenya’s proposed 1.5% tax on crypto transactions may disrupt its fintech leadership and drive startups and talent abroad, affecting Africa’s digital integration. Kenya’s revised 1.5% crypto transaction tax risks more than just revenue loss, it could weaken its fintech leadership, push startups…
- Meta Platforms Inc. is said to be nearing a deal to invest over $10 billion in Scale AI, a rapidly expanding artificial intelligence startup. If completed, it would mark one of the biggest private funding rounds on record and Meta’s largest external AI investment so far signaling a strategic…
- Apple gadgets are a big deal in Nigeria, not just because they look sleek, but because they perform exceptionally well. From students to professionals, more people want reliable devices. However, as demand rises, so does the number of sellers—some trustworthy, others not so much. That’s why it’s…
- Social media channels are active centers for sharing knowledge, networking, and creative expression in the technologically linked world of today. The number of views your material gets will greatly affect your whole social media experience and success, regardless of whether you’re a company trying…
- By Vanessa Rogers on behalf of Executive Placements Gone are the days when you searched the newspaper for your next potential engineering position, and dropped or posted off your CV in its physical state. Let’s have a look at the empowering role of digital as you investigate where – and for whom…
- Influencers, companies, and creators all have as their shared objective increasing views on social media. Simply publishing material does not ensure visibility given growing competitiveness and continually changing algorithms. If you want your content to reach fresh audiences and generate…
- In Lagos, the memory of October 20, 2020, continues to linger in the mind of Daniel Tambee, a Nigerian blockchain developer. On that night, at the Lekki Tollgate, military forces opened fire on protesters calling for an end to police brutality. While multiple casualties were reported, the exact…
- Social media sites are dynamic centers for interaction, communication, and information consumption in the technologically driven world of today. Whether you run an established company interacting with your audience, a young entrepreneur showcasing your brand, or an individual sharing their passions…
- Super Capital, one of Europe’s most active business angel networks and club deal platforms, is expanding into the Middle East and Africa (MEA) with the official introduction of its Super Capital Middle East & Africa Club, in collaboration with renowned entrepreneur and investor Axel Peyriere.…
- Twiga Foods, one of Kenya’s leading e-commerce startups, is halting its Nairobi operations for two months as part of what the company describes as the “final stage” of its ongoing business overhaul. This decision follows months of restructuring, acquisitions, and staff layoffs aimed at reducing…
- Kenya’s startup ecosystem has achieved a major milestone with the successful hosting of its first-ever Startup World Cup regional competition. The event, which took place at the Kenya Startup Festival and was organized by the Kenya National Innovation Agency (KeNIA), drew more than 160 applications…
- One of Africa’s leading tech founders is returning to the forefront with a new artificial intelligence (AI) initiative. Karim Jouini, alongside Jihed Othmani, his co-founder from the Tunisian fintech startup Expensya, has unveiled Thunder Code, a generative AI-driven software testing platform.…
- Salpha Energy, a Nigerian clean energy startup founded and operated by women, has raised $1.3 million in funding from All On, an impact investment firm supported by Shell. The funding will support the expansion of Salpha Energy’s solar assembly activities and increase access to affordable off-grid…
- Moniepoint has received approval to acquire a 78% stake in Kenya’s Sumac Microfinance Bank, marking a significant milestone in the Nigerian fintech’s growth strategy. The Competition Authority of Kenya (CAK) cleared the deal unconditionally, confirming it does not threaten competition or public…
- Open Buildings data is transforming healthcare delivery in Africa. By providing detailed building footprints, it enhances clinic planning and vaccine outreach prioritization in Nigeria. This dataset empowers informed decision-making, improves resource distribution, and accelerates access to…
- Qualcomm Incorporated has revealed the 10 startups chosen for its 2025 Make in Africa Innovation Program, designed to strengthen Africa’s deep tech landscape by offering access to advanced technologies and tailored strategic support. Currently in its third edition, the Qualcomm Make in Africa…
- Oluwayemi Ezekiel, a Nigerian accountant in his fifties, fondly remembers the Nigerian Postal Service (NIPOST) as a trusted provider of stamps, parcels, and postal orders in many Nigerian homes. Ezekiel explains that the agency, once closely associated with envelopes and P.O. Boxes, is now aiming…
- 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…
